Senior Consultant / Business Analyst - US Treasury Clearing

Delta Capita; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading consulting firm in London is seeking an experienced Business Analyst to support U.S. Treasury Clearing initiatives. The role involves leading business analysis, collaborating with cross-functional teams, and translating regulatory requirements into actionable business solutions. Candidates should possess strong analytical skills and experience in financial institutions. This is a fixed-term hybrid position with potential for extension or permanency.

Qualifications

• Experience with U.S. Treasury Clearing change programs.
• Ability to translate regulatory text into business requirements.
• Experience in large financial institutions or consultancies.

Responsibilities

• Lead end-to-end business analysis for U.S. Treasury clearing.
• Collaborate with various cross-functional teams.
• Produce documentation for governance and process maps.

Skills

Strong analytical and problem-solving skills

Excellent stakeholder-management and communication skills

Operational experience in Trade Booking Models

Understanding of Collateral Management

Education

Project-management certification (Prince2, PMP, Agile)

Job description

Role Overview:

We are seeking an experienced Business Analyst with a strong background in large change initiatives driven by the U.S. Treasury Clearing Mandate. The ideal candidate will have a proven ability to independently lead project management or business‑analysis activities— including requirements gathering, solution design, and process improvement to support readiness for the SEC’s U.S. Treasury Clearing Rules.

• Defining and assessing new clearing access models (Direct, Sponsored, Agent Clearing).
• Enhancing front‑to‑back clearing and margin workflows across cash and repo products.

Key Responsibilities:

• Lead end‑to‑end business analysis for U.S. Treasury Clearing change programmes.
• Design and enhance processes to support clearing submission and margin management.
• Collaborate with cross‑functional teams including Front Office, Treasury, Operations, Finance, Legal, Risk, and Technology.
• Conduct quality‑assurance reviews on existing flows and identify efficiency opportunities.
• Produce clear documentation for Target Operating models, process maps, requirements, governance packs, and status reporting.

Must‑Have Skills & Experience:

• Strong analytical and problem‑solving skills, with the ability to translate regulatory text into business and technology requirements.
• Excellent stakeholder‑management and communication skills; comfortable engaging with senior Front Office, Collateral management, Operations, Finance, and Technology leads.
• Operational experience in Trade Booking Models, Collateral Management, and Middle‑office controls.

Desirable Knowledge:

• Collateral Management: understanding of Initial Margin, Variation Margin.
• Repo Markets: especially how U.S. Treasuries are used as collateral in repo transactions.
• Clearing Models: Bilateral vs. central clearing, novation, and netting.
• Settlement Platforms: Fedwire, DTC, and their role in UST settlement.
• FICC Sponsored Clearing: mechanics, onboarding, margining, and netting benefits.

Other Beneficial Skills and Experiences:

• Experience working in large financial institutions or consultancies on clearing or collateral‑management programmes.
• Hands‑on exposure to triparty repo, collateral management, or liquidity/risk management.
• Practical experience of middle‑office and clearing operations in broker‑dealer or custodian environments.
• Project‑management certification (Prince2, PMP, Agile) or equivalent change‑delivery experience.

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

This is a hybrid position based in London, England. It is a 6‑12 month fixed‑term contract with the potential to extend or transition to a permanent role. As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is shortlisted, a member of our team will contact you within four weeks. A valid UK work permit is mandatory for this role.

Expectations regarding hybrid working:

As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita requires.

Who We Are:

Delta Capita Group is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non‑differentiating services.

Our 3 Offerings:

• Managed Services
• Consulting & Solutions
• Technology

To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.