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TheStaffed

Senior Techno-Functional Consultant

TheStaffed, New York, New York, us, 10261

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Senior Techno-Functional Consultant

to lead a high-impact platform transformation initiative within their client’s capital markets division. This role focuses on replacing the existing internal margin calculation engine with the

XTP (eXtended Trading Platform) , ensuring a seamless migration and continuity of accurate margin calculations across asset classes.

The ideal candidate will have deep expertise in

Exchange Traded Derivatives , strong experience with

margin methodologies

(e.g., VaR, SIMM, Stress), and a solid background integrating with

Ion/XTP trading platforms . Prior experience with GMI and margin systems in large-scale financial institutions is highly desirable.

Requirements and Qualifications

Lead an

Agile development team

in the delivery of a strategic margin platform migration initiative.

Act as the

techno-functional SME for margin engines supporting Exchange Traded Derivatives such as

Futures, Options on Futures, and Cleared Derivatives .

Design and implement solutions that integrate

positions, market data, collateral, and margin data

from upstream systems into the XTP platform.

Ensure robust support for

margin computation models , including

VaR, SIMM, Stress, and internal margin models .

Collaborate with technology and business stakeholders to

maintain accuracy and continuity

of existing margin calculations post-migration.

Provide oversight and input into

integration design with Ion/XTP (Fidessa)

platforms.

Conduct

gap analysis, functional reviews , and end-to-end validation of margin processes during and after the platform transition.

Document system workflows, functional requirements, and test strategies to support successful implementation.

10+ years of experience

working with margin systems in the capital markets domain.

Hands‑on experience with

GMI (Global Margining Interface)

and/or similar internal margin engines.

Strong functional knowledge of

Exchange Traded Derivatives

and related margin processing.

Direct experience integrating with

Ion/XTP (Fidessa)

trading platforms.

Deep understanding of risk-based margin methodologies, including

VaR, SIMM, and Stress Testing .

Proven ability to operate in fast-paced,

cross-functional Agile environments .

Excellent problem-solving, stakeholder engagement, and communication skills.

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