Capital Markets - Business Analyst

About the Position

We are seeking a Capital Markets Business Analyst to support the delivery of a major brokerage platform transformation in Riyadh.

Responsibilities

• Analyse 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 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.

Requirements

• Experience as a Business Analyst within capital markets, securities brokerage, investment services, or trading technology.
• Saudi Arabia local market experience is a must.
• 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 analyse complex processes and translate them into clear, testable requirements.
• Experience working within Agile, hybrid, or structured delivery methodologies.

We Offer

• Deliver high-impact technology solutions for Tier 1 financial institutions.
• Work in a collaborative, flat, and entrepreneurial consulting culture.
• Access continuous learning, training, and industry certifications.
• Be part of a team shaping the future of digital financial services.
• Help shape the future of digital transformation across FS & Energy.

About the Company

Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation in the financial services industry. With a growing client portfolio comprising over 100 global organizations, Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to deliver end-to-end data-driven solutions and fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting-edge ingenuity is brought to life through its Innovation Labs and award-winning Be Yourself At Work culture and diverse talent.

Inclusion at Capco

We’re committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We value each person’s unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other every day.