Full-Time
Business Analyst
Payments Domain-M4
Capco
5,001-10,000 employees
Management consultancy for financial and energy sectors
No salary listed
Senior, Expert
Hyderabad, Telangana, India + 2 more
More locations: Chennai, Tamil Nadu, India | Bengaluru, Karnataka, India
Candidates can work from Chennai, Bangalore, or Hyderabad.
- Should be an agile practitioner with an agile mindset; very well versed with all the agile approach for requirements gathering and grooming of user stories for implementation in sprints.
- Should be able to elicit requirements from business users and convert it into software requirements specifications with epic user stories, implementable user stories, acceptance criteria, reference test data, detailed and clear business rules, process flow diagrams, clear identification of mandatory fields and any associated rules for the fields, external interface points etc.
- Strong skills in Jira and Confluence to manage the epic and user stories is an absolute must.
- Should be detailed oriented and be able to explain to the development team clearly during sprint grooming so that they are able to understand what functionality/feature needs to be implemented.
- Should be responsible for functional testing of implemented user stories for the sprint.
- Should also take responsibility for the show and tell session with the product owner at the end of each sprint.
- Should also be able to coordinate the UAT with the business users and manage the defect triage for functional defects reported.
- Should be able to conduct a brief application training to the business users for UAT testing.
- Should act as a facilitator and conduit to manage functional dependencies with other application groups where integration is needed.
- Elicit requirements from product owner and detail them into user stories for implementation.
- Perform functional testing as needed on the implemented solution.
- Coordinate the UAT with the business users and manage the defect triage for functional defects reported.
- Conduct a brief application training to the business users for UAT testing.
- Act as a facilitator and conduit to manage functional dependencies with other application groups where integration is needed.
- Very good understanding of retail and corporate/commercial banking functionality.
- Good understanding of financial products.
- Work experience in payments domain areas like Faster Payments Gateway, CHAPS, BACS, FX.
- Strong understanding of banking standards such as ISO20022, SEPA (cross border payments), Clearing and Settlements, SWIFT.
- Statutory reporting requirements and a strong understanding of reporting formats for submission to regulatory authorities.
- Experience in Payment Hub implementation would be an advantage.
Capco provides management and technology consulting services specifically for the financial services and energy sectors. The company helps banks, investment firms, insurance companies, and energy clients tackle complex strategic and operational challenges. Capco's approach involves a team of skilled professionals who combine industry knowledge with practical experience to deliver tailored solutions. Their services include digital consulting and technology innovation, aimed at improving efficiency and fostering growth. Unlike many competitors, Capco emphasizes a diverse and inclusive workplace culture, which they believe enhances creativity and problem-solving. Their goal is to support clients in navigating industry changes while also committing to social responsibility and sustainable practices.
Company Size
5,001-10,000
Company Stage
Acquired
Total Funding
$2B
Headquarters
London, United Kingdom
Founded
1998
Simplify's Take
What believers are saying
- Collaboration with OpenAI enhances Capco's AI-driven innovation in financial services.
- FCA's AI testing service offers Capco a competitive edge in regulated environments.
- Partnership with NatWest on ISO 20022 showcases Capco's digital transformation leadership.
What critics are saying
- Over-reliance on AI tools may impact human-driven insights at Capco.
- Involvement in FCA's AI testing exposes Capco to regulatory risks.
- UK energy market expansion may face competitive pressures from established firms.
What makes Capco unique
- Capco combines innovative thinking with deep industry knowledge for financial services.
- Capco's proprietary PlatformZero offers specialized solutions enhancing client operations.
- Capco's emphasis on diversity and inclusion fosters innovative solutions.
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Benefits
Hybrid Work Options
Company News
Charlotte Byrne, Head of Generative AI at financial services consultancy Capco, comments on the FCA’s latest AI announcement and its implications for the UK financial services sector: “The FCA’s live AI testing service is an incredibly positive move for the UK financial services sector, signalling that the FCA is leaning towards a collaborative regulatory environment, with an appetite towards safe innovation rather than steps to stifle innovation. “Trust in AI is critical as organisations start to roll out scaled AI customer facing products. By providing firms with structured regulatory support, the FCA’s new service will introduce positive guardrails, helping organisations test and benchmark their AI models against key principles like fairness, transparency, and accountability before they reach the market. “It will also help level the playing field, enabling a wider range of firms to innovate responsibly and at pace. For smaller firms that may not have extensive in-house AI expertise or resources, the testing lab offers an opportunity to strengthen governance and build trust with customers and stakeholders. “This isn’t entirely selfless, the lab testing and collaboration with innovators will provide the FCA with valuable insights, from use cases to impact and common challenges to better understand how AI may impact UK financial markets and better prepare for the future. “It’s important the FCA ensures the service remains accessible and genuinely encourages responsible innovation across firms of all sizes. The success of the initiative – and whether it ends up an accelerator rather than a cumbersome and timely process – will depend on the practical support offered and the timeframes the FCA can support given the potential demand
Michael Shand, Managing Principal at financial services focused technology and management consultancy Capco, comments on the Financial Conduct Authority’s new five-year strategy announcement. “The FCA’s new five-year strategy is firmly aligned with the UK government’s growth agenda, but there could be some additional clarity around success metrics – though that task is made more challenging by factors outside of the FCA’s control, such as macroeconomic factors, competition from other jurisdictions, and the take up and future impact of technology.“While banks and other financial services will welcome the spirit of the FCA’s strategy – a growth focus, proportionate oversight, and an ambition to simplify, reduce or remove reporting obligations – its implications could vary widely in practice.“It is welcome that the FCA is placing consumer outcomes at the heart of the new strategy. It is clearly prioritising greater financial inclusion and resilience through a combination of greater participation in more complex, higher risk investing with a robust approach to protection, for example by cracking down on financial crime.“The FCA has also recognised the power of technology and innovation – from AI to Open Finance – as key enablers. There is a focus both on efficiency – for the FCA and the firms it regulates – and access, including unlocking more sources of funding.“The strategy provides a useful reference point for banks and other financial services firms to assess their priorities and opportunities in line with these themes. However, they will no doubt welcome greater clarity as the strategy translates into the FCAs specific plans and actions
Capco, the global management and technology consultancy, today announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s top financial institutions. This collaboration combines OpenAI’s cutting-edge innovations with Capco’s financial services domain and GenAI expertise to deliver powerful solutions that help clients achieve transformative results. As part of its GenAI Infused strategy, Capco is leading by example in the adoption and application of GenAI tools and solutions across the financial services industry. Through this collaboration with OpenAI, Capco is further scaling the adoption of ChatGPT across its workforce and pioneering these GenAI tools to accelerate client delivery and execution at scale in real world use cases that are making a difference for our clients
Capco, the global management and technology consultancy, today announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI's transformative impact at the world's top financial institutions.
Capco, a financial services and energy sector consulting firm, has promoted Chris McNeely to global lead of its energy practice and John Janssen to head of the Texas market.