Capital Markets Business Analyst📣 Job Ad

About Capco

Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation within the financial services industry. With a client portfolio comprising over 100 global organizations, Capco operates at the intersection of business and technology, delivering data-driven solutions and fast-tracking digital initiatives across banking and payments, capital markets, wealth and asset management, insurance, and the energy sector.

The Role: Capital Markets Business Analyst

Capco is seeking a full-time Capital Markets Business Analyst to support the delivery of a major brokerage platform transformation in Riyadh. This role involves analyzing business needs, defining functional requirements, and supporting the implementation throughout its lifecycle. The Business Analyst will collaborate with various teams, including business, operations, risk, compliance, technology, and third-party teams, to ensure successful project delivery.

Key Responsibilities

• Analyze current processes and document target-state brokerage workflows.
• Capture and document business, functional, data, reporting, integration, and operational requirements.
• Produce business requirements, functional specifications, user stories, process maps, use cases, and acceptance criteria.
• Maintain traceability between requirements, solution designs, configurations, interfaces, and test cases.
• Support platform walkthroughs and document capability coverage, gaps, constraints, and dependencies.
• Work with Subject Matter Experts (SMEs) and solution teams to define requirements for order capture, routing, execution, risk checks, positions, settlement, and reconciliation.
• Document integration requirements for internal applications, market infrastructure providers, and external service providers.
• Define business rules, data validations, exception scenarios, approval processes, and audit requirements.
• Track requirements changes, decisions, assumptions, dependencies, risks, and outstanding actions.
• Develop process documentation, user guides, and training materials.
• Support knowledge-transfer, operational-handover, and post-implementation activities.

Required Qualifications and Experience

• Experience as a Business Analyst within capital markets, securities brokerage, investment services, or trading technology.
• Saudi Arabia local market experience is required.
• Good understanding of the trade lifecycle, from order capture and execution through clearing, settlement, reconciliation, and reporting.
• Experience working on trading, brokerage, order-management, execution-management, or post-trade platform implementations.
• Experience producing business requirements, functional specifications, user stories, process maps, and traceability matrices.
• Experience supporting system integration testing, user acceptance testing, defect management, and business sign-off.
• Ability to analyze complex processes and translate them into clear, testable requirements.
• Experience working within Agile, hybrid, or structured delivery methodologies.

Inclusion at Capco

Capco is committed to making its recruitment process accessible and straightforward for all candidates. Adjustments can be provided at any stage upon request. The company values each person’s unique perspective and contribution, fostering a #BeYourselfAtWork culture that encourages individuality and collaboration.

Application Process

This position is open due to an existing or newly created vacancy within our organization, reflecting our ongoing business needs. We are actively reviewing applications to fill this role with a qualified candidate.