Senior Consultant / Principal Consultant - Capital Markets

Job description

**Role Overview** We are seeking an experienced Capital Markets Consultant to support business transformation, regulatory change, and technology implementation initiatives across capital markets. The candidate will work closely with business stakeholders, front-, middle-, and back-office teams, technology teams, and external partners to deliver solutions that improve operational efficiency, strengthen risk management, and enhance trading and post-trade processes. The ideal candidate is a capital markets professional with 6–8 years of experience who combines strong financial services domain knowledge with consulting, business analysis, and project delivery capabilities. The candidate should be comfortable engaging with stakeholders, analysing complex business processes, translating requirements into practical solutions, and driving deliverables across multidisciplinary teams. **Key Responsibilities** - **Capital Markets Domain Expertise** - Demonstrate strong understanding of capital markets products, processes, and operating models across equities, fixed income, foreign exchange, derivatives, and structured products. - Understand the trade lifecycle, including trade execution, confirmation, clearing, settlement, collateral management, and reconciliations. - Work across front-office, middle-office, and back-office functions, depending on project requirements. - Understand market infrastructure, including exchanges, central counterparties (CCPs), central securities depositories (CSDs), and custodians. - Support initiatives involving trading platforms, order management systems (OMS), execution management systems (EMS), and post-trade processing platforms. - **Business Analysis and Consulting** - Engage with business stakeholders to understand business needs, pain points, and operational challenges. - Conduct workshops, stakeholder interviews, process assessments, and gap analyses. - Translate business needs into business requirements documents (BRDs), functional specifications, user stories, and acceptance criteria. - Develop current-state and future-state process maps and recommend process improvements. - Perform impact assessments for business, operational, regulatory, and technology changes. - Support solution design and ensure alignment between business objectives and technical implementation. - **Project Delivery and Implementation** - Drive assigned workstreams across the project lifecycle, from requirements gathering and solution design to testing, implementation, and post-go-live support. - Coordinate with business, technology, operations, risk, compliance, and vendor teams. - Support Agile delivery practices, including sprint planning, backlog refinement, daily stand-ups, and sprint reviews, where applicable. - Manage dependencies, risks, issues, and deliverables within the assigned workstream. - Prepare project documentation, status reports, presentations, and stakeholder updates. - Support change management, user training, and business readiness activities - **Regulatory and Risk Initiatives** - Support regulatory and market-driven transformation initiatives relevant to capital markets. - Assess the impact of regulatory changes on trading, clearing, settlement, reporting, and risk management processes. - Contribute to initiatives involving transaction reporting, trade transparency, market conduct, and regulatory compliance. - Support implementation of relevant market standards and industry initiatives, such as Legal Entity Identifiers (LEIs), ISO 20022, and applicable settlement or reporting reforms. - Work with risk and compliance stakeholders to identify control gaps and support remediation activities. - **Testing and Quality Assurance** - Develop test scenarios, test cases, and test data based on business requirements. - Support System Integration Testing (SIT), User Acceptance Testing (UAT), regression testing, and end-to-end testing. - Validate trade flows, transaction data, reconciliations, and downstream system integrations. - Track defects, coordinate resolution with technology teams, and manage retesting. - Support implementation planning, cutover activities, and post-production validation. - **Stakeholder and Client Management** - Build effective relationships with business users, senior stakeholders, technology teams, and external vendors. - Facilitate discussions to resolve business and functional issues. - Communicate complex capital markets concepts clearly to technical and non-technical audiences. - Manage stakeholder expectations and ensure timely delivery of agreed outcomes. - Mentor junior analysts and contribute to knowledge sharing and team development. **Essential Skills** - 6–8 years of experience in capital markets, investment banking, financial services consulting, or a related domain. - Strong understanding of capital markets products, trade lifecycle, and front-to-back operating models. - Experience in business analysis, functional consulting, process improvement, or transformation delivery. - Proven ability to gather, document, and validate business and functional requirements. - Experience working with business and technology stakeholders on complex projects. - Familiarity with project delivery methodologies, including Agile and Waterfall. - Strong analytical, problem-solving, communication, and stakeholder management skills. - Experience in preparing BRDs, functional specifications, process flows, user stories, and test documentation. **Preferred Skills** - Experience with capital markets platforms, trading systems, clearing and settlement systems, or post-trade solutions. - Knowledge of regulatory frameworks applicable to the target market and asset class. - Familiarity with SQL, data analysis, Excel, and reporting tools. - Exposure to APIs, system integrations, data mapping, and interface specifications. - Experience with tools such as Jira, Confluence, Visio, or equivalent project delivery platforms. - Experience working in a consulting environment or delivering client-facing transformation engagements.