Aegistech · 2 hours ago
Business Analyst – Collateral Management (Broker Dealer Back Office)
New York, United States
Contract
Onsite
Senior Level
$85/hr - $90/hr
5+ years expAegistech is a Financial Services company seeking a highly experienced and motivated Business Analyst to support its Broker Dealer Back Office. The role focuses on Transaction Lifecycle Management and collateral management, responsible for analyzing and enhancing collateral workflows to ensure effective risk mitigation and operational efficiency.
ConsultingRecruitingStaffing Agency
Hiring Manager
Pankaj Sharma
Responsibilities
Ensure collateral pledged is properly verified, validated, and managed to mitigate counterparty default risk
Analyze and document end-to-end collateral workflows, including agreement execution, collateral posting, and settlement
Partner with risk and operations teams to ensure collateral adequacy and alignment with risk mitigation strategies
Support mark-to-market valuation processes to maintain sufficient collateral coverage
Document and analyze margin call workflows, including triggers, thresholds, and escalation paths
Define requirements for automated monitoring and alerting tools to identify collateral shortfalls
Analyze business requirements for margin call calculations, dispute resolution, and substitution processes
Support collateral optimization initiatives to maximize efficient use of securities and cash across funding and repo activities
Document collateral substitution agreements and counterparty workflows
Provide business analysis support for tri-party collateral arrangements with custodians and third-party service providers
Identify opportunities for automation, process improvement, and operational efficiency
Support configuration and enhancement of TLM systems to streamline processes from trade execution through settlement and reporting
Assist operations teams in resolving system issues such as trade capture errors, collateral discrepancies, and margin calculation problems
Collaborate with technology teams to troubleshoot issues, implement enhancements, and support system integrations
Develop and refine business requirements for system enhancements and new functionality
Maintain comprehensive documentation, including workflows, system configurations, and operating procedures
Work with stakeholders to gather requirements and produce technical specifications for TLM-related solutions
Qualification
Required
Strong understanding of TLM concepts and collateral management processes
Knowledge of counterparty risk, margin methodologies, and collateral optimization strategies
Experience across multiple product types: fixed income, equity, repo, tri-party, derivatives, and securities lending
Understanding of mark-to-market valuation, margin call workflows, and collateral substitution
Familiarity with tri-party structures and custodian bank roles
Strong analytical skills and understanding of operational workflows
Experience with collateral management systems (SmartStream TLM, Broadridge, Calypso, Murex, etc.)
Experience with trade lifecycle systems (Broadridge BPSA, IMPACT A)
Experience with market/reference data tools (S&P Global WSO, ClearPar)
Excellent problem-solving skills and attention to detail
Strong communication and interpersonal skills; ability to work cross-functionally
Experience with self-funding strategies and repo operations
Knowledge of regulatory frameworks: Dodd-Frank, EMIR, Basel III, UMR
Experience with transformation or greenfield system implementations
Understanding of automation and technology solutions for operational efficiency
Experience with Agile methodologies
Proficiency in SQL for data extraction and analysis
Knowledge of securities operations, including settlement, custody, and reconciliation
Bachelor's degree in Finance, Business Administration, Computer Science, or related field
5+ years of experience in collateral management, operations, or business analysis within a broker-dealer or investment banking environment
Preferred
Experience with SmartStream TLM or similar collateral management platforms
Company
Aegistech
Aegistech is an IT staffing, recruiting and consulting firm.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Melanie Coriaty
Talent Acquisition Partner
Company data provided by crunchbase