Business Analyst - Capital Markets

Business Analyst – Capital Markets

Location Glasgow (Hybrid) | Practice Area: Capital Markets | Type: Permanent

Drive impactful change within Scotland’s leading investment banks

The Role

Capco is seeking experienced Business Analysts to support long-term strategic programmes with major investment banking clients across Scotland. Working closely with both technical and business stakeholders, you’ll help identify improvement areas, deliver effective change, and drive Agile practices across fast-paced, regulated environments. These roles offer an exciting opportunity to contribute to impactful transformation projects while developing deep Capital Markets expertise. You will also be encouraged to leverage approved AI tools, automation, and AI-enabled workflows to enhance analysis, delivery quality, and productivity, while applying appropriate human judgement and governance in regulated environments.

What You’ll Do

• Lead workshops and gather requirements to inform functional specifications and user stories, using appropriate AI-enabled tools and techniques where they improve efficiency, traceability, or insight.
• Map and analyse business processes and customer journeys to identify opportunities for optimisation,including through automation and AI-enabled process improvements where appropriate.
• Deliver change initiatives from business case to UAT planning and execution, ensuring outputs are reviewed, validated, and aligned with business and regulatory requirements.
• Collaborate with diverse stakeholders and third parties to drive successful outcomes.
• Champion Agile methodologies and support continuous improvement across project lifecycles, including the responsible adoption of AI-enabled ways of working.

What We’re Looking For

• Proven Business Analyst experience in the Financial Services sector, particularly within Capital Markets.
• Hands-on delivery across the full project lifecycle, including stakeholder engagement and testing phases.
• Strong analytical skills with a track record of data interpretation and recommendation building.
• Effective communicator, comfortable engaging technical and non-technical audiences.
• Familiarity with change methodologies and Agile delivery frameworks.
• Curiosity and willingness to adopt approved AI tools and AI-enabled workflows to improve productivity, analysis quality, and delivery outcomes.
• Ability to apply sound judgement when using AI-generated outputs, including appropriate review, escalation, auditability, and adherence to responsible AI and organisational governance standards.

Bonus Points For

• Experience working directly in or with investment banks.
• Ability to lead or mentor junior BAs within a project setting.
• Understanding of project planning principles and exposure to PM disciplines.
• Solid academic background and demonstrable problem-solving capability.
• Prior experience with process re-engineering and digital transformation initiatives,including AI-enabled transformation, automation, or operational efficiency programmes.

Why Join Capco

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

We offer a competitive, people-first benefits package designed to support every aspect of your life:

Core Benefits: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover.

Mental Health: Easy access to CareFirst, Unmind, Aviva consultations, and in-house first aiders.

Family-Friendly: Maternity, adoption, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement.

Family Care: 8 complimentary backup care sessions for emergency childcare or elder care.

Holiday Flexibility: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs.

Continuous Learning: Minimum 40 Hours of Training Annually: Take your pick—workshops, certifications, e-learning—your growth, your way. Also, Business Coach assigned from Day One: Get one-on-one guidance to fast-track your goals and accelerate your development.

Healthcare Access: Convenient online GP services.

Extra Perks: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance.

Inclusion at Capco

We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity and inclusivity, and we bring a collaborative mindset to our partnerships with clients and colleagues. #BeYourselfAtWork is the cornerstone of our success and a value that our employees live and breathe every day.

Please note: These roles are based in Edinburgh or Glasgow, with a requirement to be office-based 2–3 days a week. Due to project urgency, priority will be given to candidates currently based in Scotland. Unfortunately, we are unable to provide visa sponsorship at this time.

#LI-NG