Principal Business Consultant, IBOR

SimCorp; New York (NY); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Salary bonus scheme

Pension

Hybrid work model

Professional development

Job summary

SimCorp in New York seeks a Principal Business Consultant specializing in IBOR to lead design and implementation of Dimension-based solutions for major financial clients.

You will collaborate with senior stakeholders, mentor junior consultants, and coordinate project streams. Travel to client sites is expected, with a hybrid model permitting in-office and remote work.

Qualifications

• Experience as Analyst/Implementation Consultant for asset managers or banks
• Strong knowledge in Asset Management Back Office or Financial Reporting
• Experience implementing IBOR or SimCorp Dimension
• Travel to client sites is required
• Excellent communication in English (oral and written)

Responsibilities

• Lead the design and implementation of tailored SimCorp Dimension solutions, ensuring alignment with client requirements and strategic goals
• Collaborate with senior stakeholders to translate business challenges into actionable strategies
• Provide mentorship to junior consultants and ensure high-quality project execution
• Independently troubleshoot complex issues and propose innovative improvements
• Develop and maintain detailed project documentation and integration plans
• Manage client relationships and provide regular updates to meet expectations
• Drive process improvements and best practices across engagements
• Stay current with industry trends and emerging technologies to maintain a competitive edge

Skills

IBOR

Asset Management

Consulting

Trade processing

English proficiency

Travel to client site

SimCorp Dimension

Education

Business/Finance/Economics degree

Mathematics/Applied Sciences

Tools

SimCorp Dimension

Job description

WHAT MAKES US, US

Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp! At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered. If you like what we’re saying, keep reading!

WHY THIS ROLE IS IMPORTANT TO US

The Principal Business Consultant delivers expert solutions with a significant impact on projects and business outcomes. The Principal provides strategic insights, and applies specialized expertise to design and implement complex SimCorp Dimension solutions. The Principal Business Consultant collaborates with senior stakeholders and cross-functional teams to align solutions with business objectives, ensuring exceptional service delivery and client satisfaction. At SimCorp, we facilitate the streamlining of investments, accounting, and operations for major global financial institutions. We do this through IT systems, processes, and financial knowledge. Implementing our software by way of high-quality projects is at the core of what we do. To introduce our software to our clients, business consultants are essential to us. In the role of Principal Business Consultant specializing in IBOR (Investment Book Of Records), your participation will be instrumental in the expansion of our market unit and in advancing the outcomes of our clients' projects. You will normally be working full‑time on implementation projects, which require your special expertise in the IBOR area, and you will be responsible for all aspects of the project stream. You will act as an important sparring partner for your clients and effectively monitor, coordinate, and elevate issues as needed.

WHAT YOU WILL BE RESPONSIBLE FOR

• Lead the design and implementation of tailored SimCorp Dimension solutions, ensuring alignment with client requirements and strategic goals
• Collaborate with senior stakeholders to understand business challenges and translate them into actionable strategies
• Provide mentorship and guidance to junior consultants, fostering professional growth and ensuring high-quality project execution
• Independently troubleshoot complex issues and recommend innovative solutions to enhance service delivery and operational efficiency
• Develop and maintain detailed project documentation, including workflows, integration plans, and technical specifications
• Manage client relationships and conduct regular updates to ensure client expectations are met and exceeded
• Drive process improvements and best practices across consulting engagements to optimize outcomes
• Stay current with industry trends and emerging technologies to maintain a competitive edge and continuously enhance solutions

WHAT WE VALUE

Most importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to be good at several of the following and be able to - and interested in - learning the rest.

• Previous experience as an Analyst or (Implementation) Consultant for asset managers, asset owners, banks or consulting firms
• Excellent know‑how in at least two of the following areas: Asset Management – Back Office – or Financial Reporting Consulting or Professional Services within the Asset Management sector
• An implementation role for a software vendor specializing in Asset Management software
• Asset Management candidates should have 3‑5 years of experience working hands on with the investment operations function and related enterprise applications
• Consultants should have experience with multiple enterprise implementations involving IBOR functions on the buy side, and hands on experience with applications similar to Simcorp Dimension
• Experience with Trade processing including confirmation and/or trade settlement processes and solutions is a plus
• Degree within Business discipline (Accounting, Finance, or Economics) or Mathematics/Applied Sciences preferred
• Self‑starter with a can‑do mindset
• Ability to manage assigned tasks and deliver the results on time
• Have Excellent communication skills and proficiency in English – both oral and written
• Basic understanding of financial industry/products and related accounting
• Hands‑on experience with SimCorp Dimension is a plus
• Ability to travel to client’s site
• Can attend the SimCorp office 2x/week as per our hybrid policy.

BENEFITS

• Attractive salary, bonus scheme, and pension are essential for any work agreement.
• Flexible working hours and a hybrid model.
• And opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take.

This posting is for an open, active vacancy.

WHO WE ARE

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 4,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds.

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients. SimCorp is an equal opportunity employer and welcome applicants from all backgrounds, without regard to race, gender, age, disability, or any other protected status under applicable law. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best‑in‑class solutions to our clients.

SimCorp welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. Candidates who require accommodation during the recruitment process should contact the People & Culture team at [e-mail].

SimCorp is a provider of industry‑leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.