Business Analyst - Broker Dealer

Technical Recruiter @ Aegistech | Full Cycle Recruitment

About

Our Financial Services client is seeking a Business Analyst to join our Broker Dealer Back Office team, with a focus on Transaction Lifecycle Management (TLM) for collateral management. This role supports risk mitigation, collateral optimization, and operational efficiency across a diverse product set, including fixed income, equity, repo, tri‑party agreements, derivatives, and securities lending.

• Hybrid role: 3‑4 days a week in NYC (local candidates only, no relocation)
• Not eligible for employer‑sponsored work authorization (e.g., H‑1B, OPT, CPT, etc.) or transfer
• Candidates must have valid U.S. work authorization

Key Responsibilities

• Analyze and document workflows from agreement execution to settlement
• Ensure collateral adequacy and proper counterparty risk mitigation
• Collaborate with risk and operations teams to validate pledged collateral
• Support mark‑to‑market valuation and margin call processes
• Define requirements for automated alerts and shortfall monitoring
• Document escalation procedures and threshold logic
• Analyze margin call methodologies and dispute resolution workflows
• Support collateral substitution and optimization strategies for funding and repo operations
• Document substitution agreements and counterparty workflows

Tri‑Party Agreements & Operational Efficiency

• Provide analysis for tri‑party arrangements with custodians and service providers
• Identify automation and process improvement opportunities
• Support TLM system configuration and implementation

Technical Support & System Analysis

• Partner with IT to implement enhancements and integrations
• Troubleshoot collateral position mismatches and calculation logic

Business Analysis & Documentation

• Author business requirements and technical specifications
• Maintain process documentation, workflow diagrams, and system configurations
• Liaise with stakeholders to refine TLM functionality

Required Skills & Experience

• 5+ years in collateral management, operations, or business analysis within broker‑dealer or investment banking
• Strong understanding of TLM, margin calculations, and collateral optimization
• Experience across multiple products: fixed income, equity, repo, derivatives, securities lending
• Familiarity with tri‑party arrangements and custodian bank roles
• Hands‑on experience with SmartStream TLM (preferred), Broadridge, Calypso, Murex
• Proficiency in SQL for data analysis
• Knowledge of regulatory frameworks: Dodd‑Frank, EMIR, Basel III, UMR
• Experience with greenfield or transformation projects
• Agile methodology exposure and future‑ready tech mindset
• Strong communication, documentation, and cross‑functional collaboration skills
• Education: Bachelor’s degree in Finance, Business Administration, Computer Science, or related field

Seniority Level

• Mid‑Senior level

Employment Type

• Contract

Job Function

• Information Technology

Location

• New York, United States

Salary

• $130,000 – $177,000