Shortened Settlements Transformation - Capital Markets

About the team:

Capital Markets is part of Capco’s DNA. In fact, the Capco name was inspired by this domain. The Capital Markets team delivers expert consulting skills and deep product and functional knowledge across all areas of the front office, operations, technology, risk, finance and compliance.  Our clients include the largest investment banks, global universal banks and capital markets divisions from regional banks across the country and around the globe. 

Our delivery expertise spans across launching new lines of business, coordinating high-impact regulatory response programs, leading complex integration projects and analyzing the dependencies in an application rationalization effort. We have a consistent track record in helping clients with significant cost reductions and ensuring our clients grow, change and compete.’

About the Job:

As a Shortened Settlements Transformation BA/PM on the Capital Markets Team, you will work in a fast-paced team setting, alongside industry experts. You will become an expert in cross-functional, end-to-end delivery that spans multiple products. In this role, you will provide BA/PM support to gather and document requirements from business team members and ensure project team is adhering to project plans while mobilizing stakeholders to achieve project milestones, performing test checkouts and create necessary artefacts and documentation for review by regulators.

What You’ll Get to Do:

• Facilitate the collaboration and coordination between business and technology to deliver on client end-to-end objectives
• Gather and analyze information and provide recommendations to address strategic business objectives
• Document business/functional requirements, perform gap analysis, design system flows and manage UAT activities leading to production release
• Translate business requirements into technical requirements, such as reduced confirmation timelines
• Handle margin and collateral changes required to facilitate a shortened settlement cycle
• Updates to Trade Execution and Reference Data systems configured for T+1 as standard settlement
• Matching, affirmation, and submission of trades for netting services
• Settlement instruction transmission and communication with Clearing Agents and Custodian Banks
• Updates to stock borrowing and lending process and controls
• Take projects from inception to execution, defining initial plan and actively managing on going delivery
• Work with business to structure different business requirements into a prioritized set of requirements with estimates
• Directs and assists team to elicit, challenge and prioritize requirements
• Manage scope
• Provide status / feedback on progress
• Align vendor projects and communication into one master plan and resolve conflicts and escalate when needed
• Stand-up work items and team management structure for development and support of technology platforms supporting Regulators and Operations
• Understand client's challenges and issues; document resolution options and go forward plans

What you’ll bring with You:

• 4+ years' experience in capital markets/investment banking specifically within the securities settlements / operations space 
• 2-4 years' experience with technology management or development
• Understanding of the front to back booking process for derivative products
• Understanding of implications for a shortened settlement cycle
• Understanding of upstream / downstream applications and data
• Ability to work on multiple workstreams from inception through to implementation
• Agile background
• Ability to apply experiences with existing software or processes to define and collect metrics and develop better processes to be used in the future
• Exposure to multiple project management methodologies including, but not limited to Agile and Waterfall
• Experience in successfully delivering business and technology projects with an understanding of product development lifecycle
• Development productivity tools (JIRA, TFS, or other)
• Microsoft Office suite (Excel, PowerPoint, Project, Visio, etc.)
• Excellent communication skills with the ability to liaise and influence a range of internal and external stakeholders
• Bachelor's degree 

Why Capco?  

A career at Capco is a chance to help reshape the competitive landscape in financial services.  We launch new banks, transform existing ones, and help our clients navigate complex change.  As consultants, we work on the front-end business design all the way through to technology implementation.

We are the largest Financial Services focused consultancy in the world, serving everyone from global banks to emerging FinTechs, from strategy through digital transformation, design, business consulting, data and analytics, cyber, cloud, technology architecture, and engineering.

Capco is a young and growing firm. We maintain an entrepreneurial spirit and growth mindset and have minimal bureaucracy. We have no internal silos that get in the way of your career opportunities or ability to focus on our clients and make a difference to the business.  We offer the opportunity for everyone to learn rapidly, take on tough challenges, and get promoted quickly. We take pride in our creative, collaborative, diverse, and inclusive culture, where everyone can #BYAW.

We offer highly competitive benefits, including medical, dental and vision insurance, a 401(k) plan, tuition reimbursement, and a work culture focused on innovation and creation of lasting value for our clients and employees. 

Ready to take the Next Step ?

If this sounds like you, we would love to hear from you.  This is an opportunity to make a difference and contribute to a highly successful company with a significant growth trajectory.