Functional Analyst - Finance & Trading

Joining Capco means joining an organisation that is committed to an inclusive working environment where you’re encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It’s important to us that we recruit and develop as diverse a range of talent as we can and we believe that everyone brings something different to the table – so we’d love to know what makes you different. Such differences may mean we need to make changes to our process to allow you the best possible platform to succeed, and we are happy to cater to any reasonable adjustments you may require. You will find the section to let us know of these at the bottom of your application form or you can mention it directly to your recruiter at any stage and they will be happy to help.

About Capco

Capco is a global technology and business consultancy, focused on the financial services sector. We are growing at fast pace in our Italian office, the opportunity for growth is large, accessible, and immediate. We are passionate about helping our clients succeed in an ever-changing industry. Capco is going through a significant growth journey, now is a very good time to join us as we expand our consulting team in Italy.

Role Description:

As a Functional Analyst at Capco, you will work closely with clients in the Financial Services industry. You will collaborate with Business, Operations, Compliance, and Technology teams to analyze and translate business needs into technical requirements, particularly in the context of financial instruments and securities trading regulations (tax-related skills are not required).

You will also be responsible for supporting testing activities, including the coordination and execution of UAT (User Acceptance Testing) and SIT (System Integration Testing) phases, ensuring the delivery of high-quality solutions in an agile environment.

As part of the consulting team, the Functional Analyst will:

• Define and document high-level epics, features, and user stories to support value-driven solutions that address business needs.
• Collaborate with stakeholders to ensure backlog items reflect the right mix of people, processes, technology, and dependencies.
• Align deliverables with user journeys and target operating models.
• Identify and communicate risks, issues, and interdependencies across the project lifecycle.
• Recommend process improvements and support the business in implementing and validating changes.

Skills and Experience

To qualify for the role you must have:

• Minimum 2 years’ experience as a Functional Analyst or Business Analyst in the Financial Services and/or Consulting industry.
• Solid knowledge of financial instruments and of regulations related to securities trading, with particular focus on post-trade processes.
• Practical experience in UAT and SIT management, particularly in regulatory or financial contexts.
• Familiarity with Agile methodologies and iterative delivery models.
• Ability to manage stakeholders effectively, including both technical and non-technical audiences.
• Excellent communication skills, with the ability to adapt messaging to different functional levels and business areas.

Nice to have:

• Bachelor’s degree in Economics, Finance or Management Engineering
• Knowledge of Design Thinking methodology
• Agile Certification

Why join Capco?

You will work on engaging projects with some of the largest banks in the world, on projects that will transform the financial services industry.

We offer:

• A work culture focused on innovation and building lasting value for our clients and employees
• Ongoing learning opportunities to help you acquire new skills or deepen existing expertise
• A flat, non-hierarchical structure that will enable you to work with senior partners and directly with clients
• A diverse, inclusive, meritocratic culture

Office location:

#LI-Hybrid

#LI-AD1