Senior Business Analyst: Securities Financing & Collateral

Magnit Global; Greater London; Hybrid; GBP 128,000 - 168,000; Full time

Job summary

Magnit Global is seeking a Senior Business Analyst to support Securities Financing, Triparty Collateral and Clearing initiatives in London. The role is hybrid with 3 days in the office and initially a six-month contract.

Day rate is £800 inside IR35, reflecting seniority and delivery responsibility. The successful candidate will drive business analysis, document requirements, and work across Front Office, Markets Operations, and Technology to implement changes, optimise post-trade processes, and

Qualifications

• Delivery-focused business analysis across Securities Financing, Triparty Collateral and Clearing change initiatives.
• Support collateral clearing processes, Triparty arrangements, repo and settlement workflows.
• Identify and resolve post-implementation issues across Sponsored Repo, including trade matching, confirmations, clearing exceptions and reconciliations.
• Gather and document business requirements, user stories, process flows and functional specifications.
• Define and enhance Target Operating Models (TOM), operational processes and controls.
• Work closely with Front Office, Markets Operations, Technology and external clearing participants.
• Support systems integration, data mapping, testing and UAT activities.
• Identify operational inefficiencies and deliver practical improvements across the trade lifecycle.

Responsibilities

• Deliver business analysis across Securities Financing, Triparty Collateral and Clearing change initiatives.
• Support enhancements to collateral clearing processes and triparty arrangements.
• Identify and resolve post-implementation issues across Sponsored Repo.

Skills

Business Analysis

Markets Operations

Triparty Collateral Management

Securities Financing

Repo

SBL

UAT

Regulatory Change

Stakeholder Management

Process Mapping

Job description

Magnit Global is seeking a Senior Business Analyst to support Securities Financing, Triparty Collateral and Clearing initiatives in London. The role is hybrid with 3 days in the office and initially a six-month contract.

Day rate is £800 inside IR35, reflecting seniority and delivery responsibility. The successful candidate will drive business analysis, document requirements, and work across Front Office, Markets Operations, and Technology to implement changes, optimise post-trade processes, and