Consulting Manager - Senior Business Analyst

Cognizant; Minneapolis (MN); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Retirement savings

Wellbeing resources

Job summary

Cognizant is seeking a Consulting Manager - Senior Business Analyst to lead capital markets modernization initiatives in New York or Minneapolis. You will guide discovery, requirements elicitation, and stakeholder workshops, shaping current and future state processes for fixed income and government securities operations.

The role requires deep capital markets knowledge, strong communication, and the ability to manage cross-functional teams across business, operations, and technology.

Qualifications

• 10+ years of consulting, business analysis, or industry experience in Capital Markets or related financial services.
• Experience supporting large-scale system modernization or platform transformation initiatives.
• Strong knowledge of fixed income products, securities servicing, settlement, and lifecycle processes.
• Excellent communication and stakeholder engagement abilities.

Responsibilities

• Lead discovery, assessment, and modernization initiatives across business processes and operating models.
• Conduct requirements elicitation, process mapping, gap analyses, and business impact evaluations.
• Facilitate stakeholder interviews, workshops, and working sessions to gather requirements and opportunities.
• Develop current-state and future-state process models, business requirements, and functional specs for executive audiences.
• Translate needs into actionable requirements to enable solution design and transformation success.
• Collaborate with business, operations, and technology teams to align solutions with program goals.
• Support large-scale technology modernization and platform transformation programs with risk and dependency analysis.
• Apply fixed income expertise to drive business and technology initiatives within capital markets.
• Prepare client-facing materials, findings, and documentation for leadership reviews.
• Present recommendations and insights to project teams and leadership.

Skills

Stakeholder management

Business analysis

Requirements elicitation

Process mapping

Fixed income domain knowledge

Tools

Capital markets tools

Job description

Consulting Manager - Senior Business Analyst

New York, NY or Minneapolis, MN, USA | Hybrid

About Cognizant Consulting

Cognizant Consulting is more than Cognizant's consulting practice. We are a global community of 5,000+ experts dedicated to helping clients reimagine their business. By combining deep industry expertise with technology advisory capabilities, we deliver innovative business solutions to Fortune 500 organizations across the globe.

About the role

We are seeking a highly experienced Consulting Manager - Senior Business Analyst to join our Capital Markets Consulting practice. In this role, you will support large-scale business and technology transformation initiatives focused on fixed income, government securities, and capital markets operations. You will work closely with client stakeholders, business leaders, and technology teams to assess current-state environments, define future-state capabilities, and deliver actionable recommendations that drive modernization outcomes.

In this role, you will:

• Lead discovery, assessment, and modernization initiatives by analyzing business processes, operating models, systems, and supporting technologies.
• Conduct business analysis activities including requirements elicitation, process mapping, capability assessments, gap analyses, and business impact evaluations.
• Facilitate stakeholder interviews, workshops, and working sessions to gather requirements, identify challenges, and uncover opportunities for improvement.
• Develop current-state and future-state process models, business requirements, functional specifications, and executive-ready deliverables.
• Translate complex business needs into clear, actionable requirements that enable solution design, implementation, and transformation success.
• Partner with business, operations, and technology teams to ensure proposed solutions align with strategic objectives and program goals.
• Support large-scale technology modernization and platform transformation programs by identifying business impacts, risks, dependencies, and opportunities.
• Apply expertise in fixed income products, securities servicing, settlement, and lifecycle processes to drive business and technology initiatives.
• Prepare presentations, findings summaries, process documentation, and client-facing materials for executive and stakeholder audiences.
• Present recommendations and insights to project teams and leadership while consistently demonstrating Cognizant's commitment to client success, collaboration, accountability, and delivery excellence.

Work model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this position requires 3-4 days per week in a Cognizant or client office in New York, NY or Minneapolis, MN. Regardless of your working arrangement, we are committed to supporting a healthy work-life balance through our wellbeing, learning, and professional development program. The working arrangements for this role are accurate as of the date of posting and may change based on business, client, or project requirements.

What you must have to be considered

• 10+ years of consulting, business analysis, or industry experience within Fixed Income, Government Securities, Capital Markets, or related financial services environments.
• Experience supporting large-scale system modernization, transformation, platform implementation, or operating model transformation initiatives.
• Strong expertise in business analysis methodologies includes requirements gathering, process mapping, business capability assessments, and gap analysis.
• Solid understanding of fixed income products and securities lifecycle processes, including servicing, settlement, and operational workflows.
• Demonstrated experience eliciting, documenting, validating, and managing business and functional requirements.
• Strong analytical, critical thinking, and problem-solving skills with the ability to navigate ambiguity and evolving business requirements.
• Experience working in complex programs involving multiple business and technology stakeholders.
• Excellent verbal and written communication skills with experience presenting to stakeholders and leadership teams.
• Ability to work independently while collaborating effectively across cross-functional teams.
• U.S. Citizenship required with the ability to obtain a Public Trust or equivalent government clearance.

Compensation

• The annual salary for this position is between $110,000 and $130,000 USD, depending on experience, qualifications, geographic location, and other job-related factors.

Benefits

Employees are eligible for Cognizant's comprehensive benefits package, which includes medical, dental, vision, life insurance, disability coverage, paid time off, paid holidays, retirement savings programs, employee assistance programs, wellbeing resources, and professional development opportunities.

Post closing date

Applications will be accepted until November 7, 2026.