Collateral Business Analyst / SME

ace is partnered with a leading Tier 1 Investment Bank, currently undertaking a significant re-platforming of its collateral management infrastructure. The programme involves replacing a legacy vendor solution with a new in-house platform, with a strong focus on controls, exception management and operational workflow redesign.

This role will provide hands-on Business Analysis and subject matter expertise to support the platform change, working closely with Technology, Operations and Compliance stakeholders to translate business requirements into functional design.

Responsibilities

Lead business requirements gathering for collateral workflows, controls, exception management and platform onboarding across the re-platforming programme

Conduct gap analysis between the new platform build and current production processes, identifying and resolving operational and control breaks

Define expected collateral processing logic and validate outputs independently, providing sign-off before Technology implements

Support design reviews and contribute to the future-state collateral architecture in partnership with Technology, Operations and Compliance

Develop and execute test scenarios covering key collateral workflows, margin call processing, dispute handling and exception management

Interpret and apply collateral-related regulatory and operational obligations to the firm's data model and system design

Produce structured status updates and maintain clear, milestone-driven delivery plans for senior stakeholder reporting

Support BAU collateral queries and issue resolution as required, on a secondary basis to programme delivery

Produce documentation covering control ownership, business requirements and implementation readines

Requirements

5+ years' experience in collateral management at a Tier 1 Investment Bank, with direct involvement in platform change or system onboarding (e.g. Colleen, Vermeg or equivalent)

Proven Business Analysis skills — requirements writing, acceptance criteria, structured documentation and delivery tracking

Deep knowledge of collateral workflows including margin call processing, dispute management, exception handling and control frameworks

Hands-on experience working alongside Engineering / Technology teams on collateral platform implementations

Strong understanding of data lineage, reconciliations and operational control design

Ability to translate complex business requirements into clear functional specifications for IT delivery

Experience managing and communicating milestone-driven delivery plans to senior stakeholders

Strong documentation and stakeholder management skills

Desirable

Familiarity with collateral platforms such as Colleen, Vermeg, Acadiasoft or similar

Experience with data querying tools (e.g. BigQuery, SQL) for validation and testing purposes

Understanding of regulatory margin requirements (e.g. UMR, EMIR, Dodd-Frank) as they apply to collateral operations

Prior experience working in a programme management or structured delivery environment

Benefits

6-month initial contract with likelihood of extension.

September estimated start.

Salary to be discussed.