Business Analyst

Randstad; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services provider in London is seeking a Business Analyst to support their team with margining activities across Fixed Income Repo and Discretionary Lending. The successful candidate will be integral to ensuring transaction compliance and resolving collateral-related queries. This temporary role offers hybrid working, paying up to £233 per day.

Qualifications

• Must have a solid understanding of financial operations.
• Experience in the financial services sector is essential.
• Ability to work effectively under pressure is required.

Responsibilities

• Take ownership of daily margining activities.
• Ensure all transactions comply with legal agreements.
• Oversee instruction and settlement of margin settlements.

Skills

Solid understanding of Equities, Fixed Income, Triparty arrangements

Strong working knowledge of major triparty agents

Excellent knowledge of Securities Borrowing & Lending and Repo processes

Experience with Nostro and Depot reconciliations

Proven track record in developing STP solutions

Familiarity with regulatory regimes (CASS, MiFID II, EMIR)

Calm, logical approach to problem-solving

Strong individual contributor

Exceptional attention to detail

Tools

Advanced Microsoft VBA and Excel skills

FIS APEX

GLOSS

Acadia Margin Manager

Job description

We're partnering with a 'Financial services' in their search for a Business Analyst to support their team and contribute to their financial strategy. This is a one year temporary role, offering hybrid working and based in London. This role is paying up to £200 to £233 per day PAYE for the right candidate.

About the Role: As the Business Analyst, you will take ownership of daily margining activities across Fixed Income Repo and Discretionary Lending. You will play a critical role ensuring all transactions are fully collateralised and comply with relevant legal agreements, supporting both bilateral and triparty arrangements. This role is integral to the Business & Client Services (BCS) team and offers exposure to dynamic collateral management operations.

What You Will Do

• Ensure all CFG clients and counter parties are fully collateralised and marked to market in line with GMRA, GMSLA, or other legal agreements.
• Serve as the key point of contact for the CFG desk on collateral-related queries.
• Manage and agree margin calls for both bilateral and triparty arrangements.
• Oversee instruction and settlement of bilateral and triparty margin settlements.
• Complete all daily margining tasks accurately, adhering to company processes and procedures.
• Participate in portfolio reconciliations and resolve margin disputes with counterparties.
• Investigate margin settlement fails, liaising with clients and internal teams to resolve issues promptly.
• Navigate the organisational structure efficiently to expedite issue resolution.

What You Need to Succeed

Must-have:

• Solid understanding of Equities, Fixed Income, Triparty arrangements, and basic trading strategies.
• Strong working knowledge of major triparty agents.
• Excellent knowledge of Securities Borrowing & Lending and Repo processes.
• Experience with Nostro and Depot reconciliations.
• Proven track record in developing Straight Through Processing (STP) solutions.
• Familiarity with regulatory regimes such as CASS, Transaction Reporting, MiFID II, and EMIR.
• Calm, logical approach to problem-solving under pressure.
• Ability to handle Front Office and client demands professionally.
• Strong individual contributor and effective team player.
• Exceptional attention to detail.

Nice-to-have:

• Experience implementing new systems.
• Advanced Microsoft VBA and Excel skills.
• Understanding of GMRA and GMSLA legal terms governing margining.
• Familiarity with vendor platforms such as Pirum, Equilend, and TriResolve.
• Proficiency in FIS APEX, GLOSS, and Acadia Margin Manager.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.