What are the responsibilities and job description for the Business Analyst - Capital Markets/ Python Programming position at Cognizant?
Business Analyst - Capital Markets/ Python Programming
Banking & Financial Services
Location: New Jersey
ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Learn how Cognizant helps clients with digital at www.cognizant.com.
The Role
We are seeking a passionate, high energy, Business Analyst. Our strength is built on our ability to work together. Our diverse set of backgrounds offer different perspectives and new ways of thinking. It encourages lively discussions, inspires thought leadership, and helps us build better solutions for our people and clients. We are looking for someone who thrives in this setting and is inspired to craft relevant solutions through true collaboration. If you are excited by change, and excel through autonomy, we would love to hear from you!
It takes a lot to succeed in today’s fast-paced market, and Cognizant has become a leader in the industry. We love big ideas and even bigger dreams. We stand out because we put human experiences at the core. We help clients engage customers by envisioning and building creative products and services. We develop go-to-market strategies and invent entirely new business models, ensuring that every company we work with walks away with both encouragement and a plan. Everything we do at Cognizant we do with passion—for our clients, our communities, and our organization. It’s the defining attribute that we look for in our people.
If you are excited by change, and excel through autonomy, we would love to hear from you!
Job Description
We are seeking a highly analytical and technically proficient Business Analyst with strong experience in capital markets and hands-on Python programming skills. This role is ideal for professionals who thrive at the intersection of finance and technology, and who are passionate about driving data-driven insights and regulatory compliance in a dynamic trading environment.
Key Responsibilities
- Collaborate with trading, risk, and technology teams to gather, analyze, and document business requirements related to capital markets products and risk analytics.
- Develop and maintain Python-based tools and scripts to support data analysis, reporting, and automation of business processes.
- Analyze and interpret complex financial instruments including interest rate swaps, FX products, bonds, and repos.
- Work closely with risk and finance teams to understand and validate P&L and risk calculations for various asset classes.
- Support the implementation and monitoring of regulatory requirements such as Volcker Rule, MiFID II, and other global financial regulations.
- Translate business needs into functional specifications and work with development teams to ensure successful delivery.
- Participate in testing, validation, and user training for new tools and system enhancements.
Required Qualifications
- Bachelor’s or Master’s degree in Finance, Economics, Computer Science, or a related field.
- Proven experience as a Business Analyst in capital markets, preferably within an investment bank, hedge fund, or financial services firm.
- Strong Python programming skills with the ability to manipulate large datasets and automate analytical workflows.
- Deep understanding of financial instruments such as interest rate swaps, FX derivatives, bonds, and repos.
- Solid grasp of risk and P&L metrics, including how they are calculated and reported.
- Familiarity with regulatory frameworks including Volcker Rule, MiFID II, and other relevant compliance standards.
- Excellent communication skills with the ability to bridge the gap between business and technical teams.
Work Authorization
Cognizant will only consider applicants for this position who are legally authorized to work in US without requiring employer sponsorship, now or at any time in the future.
