Job Title: CM - BUSINESS ANALYST - Glasgow
Job Summary
Business Analyst specializing in capital markets, trading systems, and payment infrastructure, responsible for translating business requirements into functional and technical solutions. Focused on enabling secure and efficient cash movement linked to securities transactions, including settlement, margin, and corporate action payments. Works across front office, operations, and treasury teams to deliver robust solutions with strong emphasis on accuracy, risk control, and regulatory compliance.
Hybrid working:
The places that you work from day to day will vary according to your role, your needs, and those of the business; it will be a blend of Company offices, client sites, and your home; noting that you will be unable to work at home 100% of the time.
Job Role
- Gather, analyse, and document business requirements related to trade settlement, payments (DvP, PvP), margin processing, and corporate actions
- Map end-to-end processes across trade lifecycle, clearing, settlement, and cash movement (As-Is and To-Be)
- Define functional specifications including BRDs, FRDs, and user stories
- Design payment workflows, including RTGS, net settlement, and SWIFT messaging (MT/MX formats)
- Perform system analysis across payment platforms, SWIFT gateways, clearing systems (CCPs), and custody/CSD platforms
- Define data mappings for trade, settlement, and payment instructions
- Support SIT and UAT phases, ensuring validation of payment accuracy, reconciliation, and settlement completeness
- Act as a liaison between IT teams, business users, and external stakeholders (custodians, clearing houses)
- Ensure risk controls such as DvP and settlement risk mitigation are embedded in processes
Collaborate with stakeholders to ensure solutions meet operational and liquidity management requirements
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Job Skills
Functional Skills
- Business analysis and requirements gathering
- Trade lifecycle and capital markets knowledge (T+0 to T+2)
- Payments and settlement processing (RTGS, net settlement)
- Process modelling (BPMN, Visio, Lucidchart)
- Documentation (BRD, FRD, user stories)
- SWIFT messaging standards (MT103, MT202, ISO 20022 MX)
- Reconciliation and exception handling
Technical Skills
- Knowledge of payment systems, SWIFT interfaces, and payment engines
- Experience with trading systems (e.g., Calypso, Murex)
- Data analysis using SQL and Excel
- API integrations for payments and financial systems
- Familiarity with clearing and custody platforms (CCP, CSD)
Domain Knowledge
- Capital markets (equities, bonds, derivatives)
- Clearing and settlement concepts (CCP, CSD)
- Payment infrastructure (RTGS, SWIFT, liquidity management)
- Nostro/Vostro account structures
- Risk concepts (DvP, Herstatt risk)
Soft Skills
- Strong stakeholder communication and collaboration
- Problem-solving and analytical thinking
- Attention to detail (critical in payments and settlements)
Ability to work across cross-functional and global teams.
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We are a Disability Confident Employer:
Capgemini is proud to be a Disability Confident Employer (Level 2) under the UK Government’s Disability Confident scheme. As part of our commitment to inclusive recruitment, we will offer an interview to all candidates who:
- Declare they have a disability, and
- Meet the minimum essential criteria for the role.
Please opt in during the application process.
Make It Real (what does it mean for you):
- You’d be joining an accredited Great Place to work for Wellbeing in 2024. Employee wellbeing is vitally important to us as an organisation. We see a healthy and happy workforce a critical component for us to achieve our organisational ambitions.
To help support wellbeing we have trained ‘Mental Health Champions’ across each of our business areas, and we have invested in wellbeing apps such as Thrive and Peppy.
- You will be empowered to explore, innovate, and progress. You will benefit from Capgemini’s ‘learning for life’ mindset, meaning you will have countless training and development opportunities from thinktanks to hackathons, and access to 250,000 courses with numerous external certifications from AWS, Microsoft, Harvard Manage Mentor, Cybersecurity qualifications and much more.
You will be joining one of the World’s Most Ethical Companies®, as recognised by Ethisphere® for 13 consecutive years. We live our values by making ethical business choices every day. Working ethically is at the centre of our culture at Capgemini, meaning you will be helping to create a future we can all be proud of.
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Why you should consider Capgemini:
Growing clients’ businesses while building a more sustainable, more inclusive future is a tough ask. When you join Capgemini, you’ll join a thriving company and become part of a collective of free-thinkers, entrepreneurs and industry experts. We find new ways technology can help us reimagine what’s possible. It’s why, together, we seek out opportunities that will transform the world’s leading businesses, and it’s how you’ll gain the experiences and connections you need to shape your future. By learning from each other every day, sharing knowledge, and always pushing yourself to do better, you’ll build the skills you want. You’ll use your skills to help our clients leverage technology to innovate and grow their business. So, it might not always be easy, but making the world a better place rarely is.
About Capgemini:
Capgemini is an AI-powered global business and technology transformation partner, delivering tangible business value. We imagine the future of organisations and make it real with AI, technology and people. With our strong heritage of nearly 60 years, we are a responsible and diverse group of 420,000 team members in more than 50 countries. We deliver end-to-end services and solutions with our deep industry expertise and strong partner ecosystem, leveraging our capabilities across strategy, technology, design, engineering and business operations. The Group reported 2024 global revenues of €22.1 billion.
Make it real | www.capgemini.com.
