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Senior Manager – Capital Markets Domain Consultant

00071112981

About Cognizant Consulting

Cognizant Consulting is more than Cognizant’s consulting practice—we’re a global community of 6,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we’re looking for our next colleague who’ll join us in shaping the future of business. Could it be you?

About the role

As a Senior Manager – Capital Markets Domain Consultant, you will make an impact by leading the discovery, design, and delivery of core post-trade functional capabilities that are being rebuilt from the mainframe for the client's institutional brokerage business. You will be a valued leader within the Banking & Financial Services Consulting team and work collaboratively with Managing Directors, Operations, Engineering teams, and senior client stakeholders - owning workstreams, mentoring consultants, and shaping target-state solutions.

What You'll Do / Responsibilities

  • Lead and own one or more capability workstreams across the capital markets post-trade program, driving discovery and reverse engineering of existing mainframe capabilities.

  • Serve as a trusted advisor to the client's Managing Directors, Operations, and Engineering leadership - guiding critical design decisions and resolving complex functional trade-offs.

  • Translate deep domain expertise in the securities trade lifecycle (with a focus on middle and back office) into actionable business rules, target-state designs, and roadmaps.

  • Oversee the production of excellent written specifications, acceptance criteria, and evidence packs - ensuring quality and consistency across the team.

  • Champion the use of AI-enabled approaches to accelerate discovery and reverse engineering across the identified capability areas.

  • Mentor and develop Senior Associates and Associates on the team; manage delivery against scope, timeline, and quality commitments.

  • Contribute to practice-building activities including proposal development, thought leadership, and client relationship expansion.

What You Must Have / Qualifications

  • 8+ years of overall professional experience in capital markets, financial services operations, consulting, technology transformation or related areas.

  • 5+ years of relevant experience in capital markets post-trade, operations or consulting within a broker-dealer, clearing firm, custodian or investment bank.

  • Proven track record leading large, complex transformation or modernization programs for Tier 1 investment banks or similar financial institutions.

  • Deep hands-on experience across multiple of the following key capability domains:

  • Equities Trade Processing & Clearing

  • US Listed Options Transaction Processing

  • Margin & Risk

  • Financing

  • Custody

  • Ledgers, Journals & Cash Management

  • Tax, Billing, Fees & Commissions

  • Regulatory Reporting & Continuity

  • Settlements, Confirmations & Physical Settlement

  • Client Reporting, P&L & Portal

  • Reference Data & Client Onboarding

  • Experience leading programs whose objective is to rebuild functional capabilities that currently run on the mainframe for the institutional brokerage business of a large investment bank.

  • Deep understanding of how the above capabilities are built on systems, along with the underlying business rules - able to challenge, validate, and architect at a senior level.

  • Expert-level understanding of the securities trade lifecycle with authoritative expertise in the middle and back office.

  • Fluency with AI-enabled approaches for discovery and reverse engineering, and the ability to shape how teams apply them at scale.

  • Excellent written and verbal communication skills - able to produce and quality-review specifications, acceptance criteria, and evidence packs for senior audiences.

  • Demonstrated success engaging and influencing Managing Directors, Operations, and Engineering executives.

  • Experience managing, mentoring, and growing consulting teams.

Salary and Other Compensation

The annual salary for this position is between $134,000 – $158,000, depending on experience and other qualifying factors.

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Things to know before you apply

  • Work authorization: Cognizant will only consider applicants for this position who are legally authorized to work in Canada without requiring employer sponsorship, now or at any time in the future.
  • Accommodations: If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] with your request and contact information.
  • AI in hiring: We use artificial intelligence (AI) tools to help us screen and assess applications more efficiently. Our team performs additional human review and ultimately decides who moves forward in our hiring process.
  • Open position: Unless otherwise stated, this job posting is for an open position on our team.
  • Language proficiency: We ask that all candidates have basic English proficiency for company-wide communications purposes. For roles based in Quebec, professional English proficiency is required, as you’ll deliver services to and collaborate with stakeholders outside the province who may not speak French.
  • Inclusion: Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, provincial or local laws.

About Cognizant
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.

Benefits that help you thrive and grow

Our benefits program is built with you in mind—so you can enjoy a fulfilling, balanced and healthy life.

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Financial wellbeing

We regularly review market data to ensure compensation reflects the value you bring. Your benefits extend beyond pay and may include financial education, a pension plan with matching contributions, etc.

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Physical and mental health

We empower you to prioritize your wellbeing through paid time off, flexible working where possible, healthcare plans, counselling, our Mental Health Allyship program and more. 

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Your career, your way

With 350,000+ roles at Cognizant, you’ll have opportunities explore new technologies, industries and locations—and build the skills you need to grow your career.

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Real-world impact

Think about the biggest brands you rely on. Chances are, they rely on us to help strengthen their business. Here, you’ll turn bold ideas into solutions that improve lives everywhere.

Your path to Cognizant

Here’s what you can expect from our hiring process. Please keep in mind that it may vary by role and location. Explore our FAQs to learn more.

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Step 1: Apply to the right opportunity

Find an open role that matches your skills and career goals and show us why you’re the person for the job. Don’t see the right opportunity? Consider joining our Talent Community.

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Step 2: Connect with your recruiter

If one of our recruiters sees a fit, they’ll set up a short intro call to learn more about you and how your experiences and skills match the role.

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Step 3: Show off your skills

If you and our team would like to continue the process, you’ll interview with our hiring team. Some roles may also require technical assessments and/or client interviews.

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Step 4: Decision time

Our team will then review each candidates’ potential to succeed in the role. This step may take some time because we want to find the right fit for both you and us—but you can count on us to keep you updated.

CAN Brigitte
Cognizant is great for those wanting to make the world a better place, as we create solutions with top technology partners to address complex problems for our clients.
Brigitte Roy Director of Strategy Alliances
CAN Rahul
I’m supported by motivational leaders who empower me to grow in my career through learning programs, industry conferences and internal job moves. I’m proud of the career progression I’m making here.
Rahul Sathe Principal Product Architect – Insurance
Can Amita
The moment I joined Cognizant, I felt like I belonged. I was heard and empowered to challenge ideas—and I still am to this day.
Dr. Amita Oppal Gill Service Line Sales Manager
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Cognizant has one of the best learning ecosystems you can ask for. From sponsored certifications to training platforms to mentorship, we have all that we need to grow.
Debashish Mishra SAP MM Developer

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