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.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
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, state or local laws.
Applicants must be currently authorized to work for any employer in the United States. The company is unable to provide employment-based immigration sponsorship for this position.
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.
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.
