Business Analyst

Job Title:Business Analyst

Location: Glasgow

About the Job you are considering:

A Business Analyst in Payments Capital Markets acts as a bridge between business stakeholders and technology teams, supporting payment and settlement processes associated with securities trading. The role focuses on ensuring accurate, efficient, and controlled cash movement across the trade lifecycle.

Hybridworking:

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.

Your Role

1. Requirements Gathering & Analysis

• Gather and document business requirements from Trading, Operations, and Treasury teams.
• Analyze requirements related to:
• Trade settlements (DvP, PvP)
• Margin payments (Initial Margin, Variation Margin)
• Corporate actions (Dividends, Coupons)

2. Process Analysis & Mapping

• Map end-to-end trade and payment workflows:
• Trade →Clearing →Settlement →Cash Movement
• Create As-Is and To-Be process flows.
• Document RTGS and net settlement payment processes.

3. Functional Documentation

• Prepare BRDs, FRDs, and User Stories.
• Define:
• Payment workflows
• SWIFT MT and ISO 20022 MX messaging requirements
• Settlement instructions
• Netting rules and logic

4. System Analysis

• Work with:
• Payment platforms and SWIFT gateways
• Clearing and settlement systems
• Custody/CSD platforms
• Define data mappings between trade events and payment instructions.

5. Testing & Validation

• Support SIT and UAT activities.
• Validate:
• Payment accuracy
• Settlement completeness
• Reconciliation results
• Assist in defect management and resolution.
• Stakeholder Management

Your Skills

Capital Markets

• Trade lifecycle (T, T+1, T+2)
• Equities, Bonds, and Derivatives
• Clearing and Settlement processes
• CCP (Central Counterparty)
• CSD (Central Securities Depository)

Payments

• RTGS and Net Settlement
• SWIFT MT Messages (MT103, MT202)
• ISO 20022 MX Messaging
• Nostro and Vostro Accounts
• Liquidity Management

Risk & Controls

• DvP (Delivery versus Payment)
• Settlement Risk
• Herstatt Risk
• Reconciliation and Exception Management

Functional Skills

• Business Analysis
• Requirements Documentation
• Process Modelling (BPMN, Visio)
• Payments and Settlement Operations

Technical Skills

• SQL
• Data Analysis
• APIs and Payment Integrations
• SWIFT Interfaces
• Payment Engines

Common Tools

• JIRA
• Confluence
• Visio / Lucidchart
• Excel
• SQL
• SWIFT Simulators
• Payment Hubs
• Calypso
• Murex

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 ManageMentor, 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.

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