Functional BA - Capital Markets Consultant

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Gurugram, India

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Relocation friendly

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Business Analysis

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BCM Industry

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23/02/2026

Req. VR-121163

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Project description

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.

Responsibilities
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Work with trading risk finance and operations teams to gather and document business requirements

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Create BRD FRD user stories process maps and functional specifications

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Analyse trade lifecycle flows from trade capture to settlement to ensure process and control completeness

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Support functional solution design and coordinate with technology teams for feasibility assessments

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Lead backlog management and user story refinement in an Agile environment

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Prepare test plans test cases and lead SIT and UAT cycles including defect tracking

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Support risk teams on market risk and credit risk metrics such as sensitivities VaR scenario analysis limits exposure profiles and stress testing

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Support regulatory and finance reporting requirements as needed

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Prepare user guides functional documents and training material

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Provide status reporting and highlight risks issues and dependencies

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Collaborate with global teams and ensure delivery quality and compliance

Skills

Must have

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6+ years of experience in similar role

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FRM certification is mandatory

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Strong understanding of market risk concepts such as Greeks VaR stress testing backtesting and limits

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Strong understanding of credit risk concepts such as PFE EPE CVA limits and counterparty hierarchy

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Good capital markets product knowledge covering Rates FX Credit and derivatives

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Strong business analysis skills including requirements engineering process design and documentation

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Experience in SIT UAT planning and execution

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Knowledge of data flows trade and risk data reference data and reconciliations

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Strong communication and stakeholder management skills

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Working knowledge of Agile delivery practices and tools such as JIRA and Confluence

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Strong MS Excel skills for analysis

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Education

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Bachelor's degree in financeengineering mathematics economics or an equivalent field

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FRM is mandatory

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CA or CFA is preferred but optional

Nice to have

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CA or CFA qualification

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Exposure to risk engines or pricing libraries at a conceptual level

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Familiarity with front office middle office or back office platforms

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Understanding of regulatory frameworks such as FRTB SA CCR EMIR and Basel

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Understanding of accounting impacts related to derivatives

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Ability to read SQL queries for data analysis

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Experience working with distributed global teams

Other
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Languages

English: C1 Advanced

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Seniority

Senior

Gurugram, India

Req. VR-121163

Business Analysis

BCM Industry

23/02/2026

Req. VR-121163

Apply for Functional BA - Capital Markets Consultant in Gurugram

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