DTCC Modernization Sr Consulting Manager

Cognizant•Chicago, IL

21d•Hybrid

About The Position

As a Senior Business Analyst – DTCC Modernization & Securities Lending, you will make an impact by leading business analysis efforts for a major DTCC modernization initiative. You will be a valued member of the consulting team and work collaboratively with Operations, Trading, Technology teams, and client stakeholders to ensure readiness for DTCC-driven changes. In this role, you will:

Requirements

10+ years as a Business Analyst in Securities Lending, Post-Trade Operations, or Change Management within a financial institution.
Strong knowledge of DTCC settlement processes and their relevance to securities lending.
Proven ability to produce high-quality BRDs, impact assessments, and test documentation.
Excellent communication and stakeholder management skills.
Experience delivering large-scale change initiatives.

Nice To Haves

Direct experience working on DTCC initiatives.
Knowledge of both Agile and Waterfall delivery methodologies.
Ability to work independently and manage multiple stakeholders.
Familiarity with collateral movements and DTCC interfaces.

Responsibilities

Lead business analysis for DTCC Program initiatives impacting securities lending operations.
Analyze current-state processes and define target-state workflows aligned with DTCC modernization requirements.
Produce Business Requirements Documents (BRDs), Functional Specifications, and Change Impact Assessments.
Facilitate discussions with Operations, Trading, and Technology teams to validate impacts and agree on implementation steps.
Support User Acceptance Testing (UAT) by defining test scenarios, coordinating execution, and validating outcomes.