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Consulting Analyst - Financial Risk Management

Cognizant Technology Solutions
Chicago, IL Full Time
POSTED ON 3/29/2025
AVAILABLE BEFORE 5/29/2025

Consulting Analyst - Financial Risk Manager

Banking and Financial Services

Chicago

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 lead with digital at www.cognizant.com.

COGNIZANT CONSULTING

Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide several Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we're growing!

The Role

Our BANKING & FINANCIAL SERVICES CONSULTING PRACTICE group is looking for a Consulting Analyst to join our journey.

We're looking for Consultants who can deliver within Cognizant's Five Pillars of Consulting: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Consulting Analyst, this means creating high-quality client deliverables and taking ownership (with supervision) of producing client content and meeting client expectations; developing an expertise in your functional area, including obtaining certifications; contributing to Client Satisfaction and/or RFPs; supporting leadership and contributing to content development for service offerings; and participating in People Care initiatives and always exhibiting personal leadership. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.

Our solutions are in demand and we're passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!

Responsibilities

* Exercise responsibility for one or more components of a consulting engagement
Support or drive data-driven identification and analysis of solution requirement

* Conduct workshops with clients to elicit requirements as the basis for creating business requirements documents and user stories

* Monitor solution quality compliance to standards and conduct or facilitate structured solution walkthroughs.

* The Tech Business Systems Analyst transforms client functional requirements into technical specifications.

* S/he works in conjunction with Business & Technology leads to document appropriate use-cases and assist with conducting testing with teams.

* Responsible for ensuring specifications are complete, comprehensive, technically feasible, in alignment with system capabilities, conform to IT and regulatory standards, and follow consistent documentation practices.

* Conducts requirements peer-reviews to ensure technical specification requirements correctly interpreted. Documents technical designs, tracks requirement deliverables, and assists in preparation use case test.

* Assists project team in the execution of formal testing scripts and oversees approval for user acceptance plans.

* As technical liaison confirms project scoping for client solutions; communicates effectively to identify options, explain issues, recommend solutions, manage risks, and reduce escalations during project design and delivery.

Qualifications

* Masters or MBA Degree a plus

* The candidate should have 6 years of experience in Risk Management - Stress testing, back testing, margin computation.

* Financial Risk Management (FRM) certified candidates preferred.

* Solution acceptance testing experience (functional, integration, manual, automation)

* Experience with program quality frameworks, methods, and tools (e.g., Six Sigma)

* Experience in working in Agile environments, and proficiency with requirements collection tools (e.g., JIRA, R4J, RRC, and so on)

* Exposure to cloud/digital projects

* Exposure to international clients across various geographical locations

* Experience in working on complex multi-team projects using an onsite / offshore model

* Personal leadership and a desire to create a culture that enables exceptional outcomes

* The embodiment of Cognizant's Core Values of: Start with a point of view; Seek data, build knowledge; Always strive, never settle; Work as one; Create conditions for everyone to thrive; Do the right thing, the right way.

Work Authorization

* Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)


Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

 

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