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.
What You’ll Do
Lead workshops and gather requirements to inform functional specifications and user stories.
Map and analyse business processes and customer journeys to identify opportunities for optimisation.
Deliver change initiatives from business case to UAT planning and execution.
Collaborate with diverse stakeholders and third parties to drive successful outcomes.
Champion Agile methodologies and support continuous improvement across project lifecycles.
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.
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.
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
Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation in the financial services industry. With a growing client portfolio comprising of over 100 global organizations, Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to deliver end-to-end data-driven solutions and fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting-edge ingenuity is brought to life through its Innovation Labs and award-winning Be Yourself At Work culture and diverse talent.

Workplace Initiatives
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Programme for parents returning to work after Parental Leave? |
Yes, the Return To Work Programme |
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Leadership development programmes? |
Yes |
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Mentoring programmes? |
Yes |
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Coaching programmes? |
Yes |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
Yes |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
26 weeks |
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Minimum weeks tenure required to be eligible for paid maternity leave: |
41 weeks |
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No. of weeks paid paternity leave at full salary: |
2 weeks |
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Minimum tenure required to be eligible for paid paternity leave: |
41 weeks |
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Gender pay gap reporting information - |
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Average pay gap: |
17.25% |
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Median pay gap: |
17.18% |
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Average bonus gap: |
11.83% |
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Median bonus gap: |
3.70% |
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Signatory of the UK Women in Finance Charter? |
Yes/No |
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Targets to raise the number of women in leadership? |
Yes - At least 30% of senior leaders will be women by 2025 |
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Targets to raise the number of BAME individuals in leadership? |
No - 7% of employees will be Black by 2025 + 30% of employees will be from a minority ethnic group by 2025 |
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Listed in the Bloomberg Diversity & Inclusion Index? |
Yes/No |
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Returner Programme |
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Returner Programme |
Yes. We have continued to run our Return to Work programme, with a focus on women who have been out of the workforce for at least two years. This has been successful in reaching women at junior manager level in particular and we have had two successful intakes this year. |