About Tonic
Tonic is an expertise-led Capital Markets Consultancy, unlike other consultancies.....in a good way. Well actually, in lots of ways.
But mainly because we leverage genuine expertise across the front-to-back trade lifecycle to provide a superior service model for our clients.
Today Tonic deploys our expertise-led model to lead a growing book of work for our clients across high-growth domains including collateral, digital, securities finance, post-trade, risk, treasury, legal, sustainability and More.
Our transformation and cross-domain expertise, combined with our client-focus, means that we accelerate business objectives and financial benefits for our clients.
MORE Expertise. MORE Trust. MORE Achieved.
Role Purpose
At Tonic we're growing quickly. Driven by our growing reputation as expertise-led leaders across Capital Markets, we continue to expand our global team.
This is where you come in, to join our Leadership Team as Head of Digital US, based in New York, Boston or New Jersey.
The Digital domain is focused on applications of the below to our core domains :
- Tokenised Real World Assets (Bonds, Equities etc.)
- Digital Cash (Stablecoins, CBDCs, tokenised deposits)
- Crypto (BTC, ETH, etc.)
- AI and Machine Learning
This role will lead the US side of our Digital domain, working closely with our Head of Digital UK at Tonic - activities include :
Leading US Digital business developmentBuilding out Digital capabilities, with expertise-led service offerings that meet our clients' evolving needsPerforming high-quality client delivery, as a Senior Advisor / SMELeading and growing our US Digital teamYou will also play an integral role in the definition of future company strategy and direction, ensuring that we build out our internal capabilities in line.
You will collaborate closely with the Tonic Co-Founders, Domain Heads (including Head of Digital UK), Head of Client Management and the rest of the Tonic team.
Responsibilities
Lead our Digital Business Development in the USSales Generation
Ongoing relationship management with Tonic's key stakeholders (existing clients & targets)Identification of Digital sponsors within our existing clientsLeveraging of industry network for new sales opportunitiesIdentification of new Tonic sales targets, across firms, divisions and individualsCross-sell Tonic's wider set of domain and service offeringsSales Execution
Lead Digital service proposals and bids for new workManage the delivery of high-quality service proposals, including services, plans, teams and commercialsContribute towards Client Statements of Work, for contracted servicesBuild Partner Relationships
Upfront and ongoing identification of key vendors and industry partners within the Digital domainRelationship generation and building with targeted vendors, to establish :Sales referralsJoint service offeringsJoint marketing opportunitiesOther partnership opportunitiesMarketing & Events
Raising Tonic's Digital footprint, via key marketing and events vehicles, such as :Representation at industry event panelsSpeaking on webinars and podcastsThought leadership creation e.g. website blogs, podcasts, videos, etcWebsite content, leveraging service deck and thought leadership materialsOngoing LinkedIn content creationBuild Out Our Digital CapabilitiesIndustry Research
Ongoing market research across our Digital domain, to better understand our clients' and the broader market's service needs. Research outputs should include :Industry challenges (per sub-domain and organization type)Regs, market developments, technology, best practice, etcTonic service opportunities and targetsTonic resource needsIndustry outreach should include ongoing collaboration with :Tonic clientsOther custodians / sell-side / buy-side firmsMarket vendors (technology / central infra & service providers / other)Industry bodiesTonic Service Definition
Focus on service offerings for :DigitalX-domain Tonic service offeringsA key output will be the Tonic service decksProblem statement, key impact areas, key challenges, Tonic servicesPerforming High-Quality Client DeliveryPerform billable client delivery engagements, as Senior Tonic SME. Roles will likely include :
Senior AdvisorSMELead ConsultantPerform quality assurance reviews of artefacts produced by other Tonic team members, to ensure Tonic's high-quality delivery standards are metGrowing our Digital TeamRecruitment
Identify Tonic resource needs for US Digital service proposals and client opportunitiesContribute to Tonic job specifications, alongside our Talent LeadTake an active role in recruiting new consultants via :InterviewsAssessment designAssessment review and scoringManagement of growing US pool of Digital consultantsOversee the US Digital team performance, including appraisals, performance reviews and developmentAdditional Tasks
Any additional duties as they arise as part of company growth, to be agreed on an ad-hoc basis.
Required Skills & Experience
Domain
20+ years' dedicated experience within the Financial Services industryDigital industry practitioner, with 5+ years dedicated experience within the Digital domainVaried Trad-Fi and Digital experience, across multiple different firms and sectors, including sell-side, buy-side and custodiansExtensive knowledge of Digital Asset applications across core industry domains (Collateral, Sec Finance, Custody, Clearing & Settlement etc.) :Tokenised Real World Assets (Bonds, Equities, Funds etc.)Digital Cash (Stablecoins, CBDCs, Tokenised Deposits)Crypto (BTC, ETH, etc.)Sales & Relationship Management
Strong network across the Digital domain.Previous direct experience working in a sales and / or relationship management capacityTransformation
10+ years dedicated experience within transformation roles, leading and supporting major change programs across business and technologyExperience of rolling out best practice transformation frameworks across multiple organisationsSuccessful leadership of high-profile, high-complexity transformation programmes within tight timeframesDesirable Skills & Experience
Direct consultancy experience, ideally within a big 4 firmBusiness development / relationship management experienceExperience working within a smaller, growing organisationKnowledge of AI and Machine LearningDepartment Consulting Role Domain SME (USA) Locations USA Remote status Hybrid