Principal Business Consultant, Front Office

SimCorp•New York, NY

6d•$163,520 - $245,280•Hybrid

About The Position

SimCorp is seeking a Principal Business Consultant specializing in Front Office to join their team. This role is crucial for delivering expert solutions that significantly impact projects and business outcomes for financial clients. The Principal Business Consultant will lead projects autonomously, provide strategic insights, and apply specialized expertise to design and implement complex SimCorp Dimension solutions. This role involves collaborating with senior stakeholders and cross-functional teams to align solutions with business objectives, ensuring exceptional service delivery and client satisfaction. SimCorp facilitates the streamlining of investments, accounting, and operations for major global financial institutions through IT systems, processes, and financial knowledge. Implementing their software via high-quality projects is core to their business. The Principal Business Consultant, Front Office, will be instrumental in expanding the market unit and advancing client project outcomes. This role typically involves full-time work on implementation projects, requiring expertise in the Front Office area, including order and trade management, multi-asset class trading, and portfolio management. The consultant will be responsible for all aspects of their project stream, acting as a key sparring partner for clients and monitoring, coordinating, and escalating issues as needed.

Requirements

Typically 5-8 years of experience in consulting or a related field
Excellent know-how in at least two of the following areas: Front Office – Portfolio Management, Order & Trade Management – for Multi-Asset Class Investment
Consulting or Professional Services within the Buy side 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 front office/portfolio construction/trading functions and related enterprise applications
Consultants should have experience with multiple enterprise implementations involving Front Office/Order Management functions on the buy side, and hands-on experience with applications similar to SimCorp Dimension
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 valuable outcomes on time
Excellent communication skills and proficiency in English – both oral and written
Basic understanding of financial industry/products and related accounting
Ability to travel to client’s site
Can attend the SimCorp office 2x/week as per our hybrid policy.

Nice To Haves

Experience with portfolio construction, order management, trade execution, and/or compliance and limit monitoring across multi-asset class investment workflows is a plus
Hands-on experience with SimCorp Dimension is a plus

Responsibilities

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