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Functional BA - Capital Markets Consultant
Successfully
Req. VR-121163
This role is for a Capital Markets Functional Consultant supporting a front to back transformation and BAU enhancements for a global financial services client. The consultant will focus on trade lifecycle processes risk and controls reporting and functional change across asset classes such as Rates FX Credit and Equities. The role does not require Calypso experience. The primary expectation is strong financial risk management knowledge supported by an FRM certification. The consultant will work with business users risk teams operations finance and technology teams to gather requirements design solutions and support delivery.
Work with trading risk finance and operations teams to gather and document business requirements
Create BRD FRD user stories process maps and functional specifications
Analyse trade lifecycle flows from trade capture to settlement to ensure process and control completeness
Support functional solution design and coordinate with technology teams for feasibility assessments
Lead backlog management and user story refinement in an Agile environment
Prepare test plans test cases and lead SIT and UAT cycles including defect tracking
Support risk teams on market risk and credit risk metrics such as sensitivities VaR scenario analysis limits exposure profiles and stress testing
Support regulatory and finance reporting requirements as needed
Prepare user guides functional documents and training material
Provide status reporting and highlight risks issues and dependencies
Collaborate with global teams and ensure delivery quality and compliance
Must have
6+ years of experience in similar role
FRM certification is mandatory
Strong understanding of market risk concepts such as Greeks VaR stress testing backtesting and limits
Strong understanding of credit risk concepts such as PFE EPE CVA limits and counterparty hierarchy
Good capital markets product knowledge covering Rates FX Credit and derivatives
Strong business analysis skills including requirements engineering process design and documentation
Experience in SIT UAT planning and execution
Knowledge of data flows trade and risk data reference data and reconciliations
Strong communication and stakeholder management skills
Working knowledge of Agile delivery practices and tools such as JIRA and Confluence
Strong MS Excel skills for analysis
Education
Bachelor's degree in financeengineering mathematics economics or an equivalent field
FRM is mandatory
CA or CFA is preferred but optional
Nice to have
CA or CFA qualification
Exposure to risk engines or pricing libraries at a conceptual level
Familiarity with front office middle office or back office platforms
Understanding of regulatory frameworks such as FRTB SA CCR EMIR and Basel
Understanding of accounting impacts related to derivatives
Ability to read SQL queries for data analysis
Experience working with distributed global teams
Languages
English: C1 Advanced
Seniority
Senior
Gurugram, India
Req. VR-121163
Business Analysis
BCM Industry
23/02/2026
Req. VR-121163
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