Sr. Consulting Manager – Fixed Income Subject Matter Expert, Banking & Finance Consulting

About Cognizant Consulting

Cognizant Consulting is a global community of consulting professionals helping clients transform business and technology capabilities across industries.

About the role

As a Senior Consulting Manager – Fixed Income Subject Matter Expert, you will provide deep functional and operational expertise across fixed-income products, securities servicing, transfer agency and trust operations. You will advise program leadership and project teams on debt-security administration, ownership and recordkeeping requirements, servicing processes, operational controls and applicable industry practices.

You will support discovery, assessment, modernization and transformation initiatives by evaluating current-state operations, validating business requirements and proposed solutions, and identifying opportunities to improve processes, controls and customer servicing. Working closely with business, operations, compliance and technology stakeholders, you will help ensure that solutions align with operational needs, servicing obligations and regulatory expectations.

In this role, you will

• Provide subject matter expertise across fixed-income products, securities servicing, transfer agency operations, trust operations and related capital-markets functions.

• Advise program leadership and project teams on business processes, operating models, servicing requirements, ownership administration and industry practices associated with debt securities and related financial instruments.

• Serve as a trusted adviser on fixed-income servicing operations, securities administration, registered transfer agency functions and associated business processes.

• Support discovery, assessment, modernization and transformation initiatives by providing operational expertise and validating business requirements, process flows and proposed solution approaches.

• Collaborate with business, operations, compliance and technology stakeholders to evaluate current-state processes and identify opportunities for operational improvement and modernization.

• Provide guidance on registration, ownership maintenance, securities transfers, redemption processing, reconciliation, reporting, recordkeeping and customer servicing.

• Apply expertise across the administration and servicing lifecycles of government securities, public-sector debt instruments and other fixed-income products.

• Facilitate requirements discussions and help translate complex operational needs into clear business requirements, workflows, process models and solution considerations.

• Assist with the interpretation and application of regulatory, operational and servicing requirements affecting securities administration and ownership recordkeeping.

• Support requirements reviews, process assessments, testing activities and solution-validation efforts to confirm alignment with business and operational needs.

• Review project deliverables, workflows, operating procedures, functional requirements and process documentation for consistency with industry practices and servicing obligations.

• Advise stakeholders on operational controls, exception management, reconciliation processes, customer-servicing considerations and risk-mitigation practices.

• Support user acceptance testing through scenario reviews, operational validation, defect discussions and business-readiness activities.

• Use working knowledge of SQL to support data analysis, reconciliation, validation and issue investigation when required.

• Contribute practical recommendations and industry expertise during stakeholder meetings, workshops and client discussions.

• Communicate complex fixed-income, securities-servicing and operational concepts clearly to both business and technical audiences.

• Work independently on assigned advisory activities while collaborating closely with program leadership and project stakeholders.

• Consistently demonstrate the Cognizant Way through strong client focus, collaboration, accountability and delivery excellence.

Work model

We believe hybrid work is the way forward. This position requires three to four days per week in a Cognizant or client office in New York, New Jersey, or Minneapolis, Minnesota.

What you must have to be considered

• 12+ years of experience in fixed income, securities servicing, transfer agency operations, trust operations, government securities or related capital-markets functions.

• Strong understanding of debt-security administration and servicing lifecycles, including registration, ownership maintenance, transfers, redemption processing, reconciliation, reporting, recordkeeping and customer servicing.

• Experience supporting government-issued securities, public-sector debt instruments or related fixed-income servicing environments.

• Demonstrated knowledge of registered transfer agency operations and associated ownership, recordkeeping and servicing responsibilities.

• Experience with trust, custody, securities administration or ownership-based financial-product servicing.

• Experience with operational controls, reconciliation processes, exception management and risk-mitigation practices.

• Working knowledge of regulatory and compliance considerations affecting securities servicing and ownership administration.

• Ability to advise business and project stakeholders on operational requirements, business impacts, servicing obligations and industry practices.

• Experience facilitating business requirements, reviewing process flows and validating proposed operational or technology solutions.

• Experience partnering with business and technology teams on modernization, transformation or process-improvement initiatives.

• Experience supporting operational testing, user acceptance testing or business-solution validation.

• Familiarity with process modelling and the documentation of current-state and future-state operational processes.

• Working familiarity with SQL for data analysis, reconciliation, validation or issue investigation.

• Strong client-advisory, workshop-facilitation, communication and stakeholder-management skills.

• Ability to explain complex operational and securities-servicing concepts to both business and technical audiences.

• Experience working in highly regulated financial-services, securities-servicing or government environments.

• U.S. citizenship with the ability to obtain and maintain a Public Trust or equivalent clearance.

• Four-year degree in Business, Finance, Technology, Engineering or a related discipline.

These will help you succeed

• Experience supporting retail fixed-income servicing, government debt instruments, registered securities or similar ownership-based financial products.

• Experience supporting public-sector financial programs or regulated securities-servicing environments.

• Experience with municipal bond servicing, trust operations or corporate debt administration where ownership management and lifecycle-processing knowledge is directly applicable.

• Experience supporting U.S. registered transfer agents, broker-dealers, trust organizations, custodians, financial institutions or government clients.

• Experience with technology modernization, platform transformation or operational-improvement initiatives.

• Experience participating in operating-model reviews, process assessments or business-transformation engagements.

• Familiarity with legacy-platform modernization, data conversion and large-scale records-management initiatives.

• Ability to identify operational risks, control gaps, process inefficiencies and opportunities for service improvement.

• Understanding of securities-servicing governance, regulatory controls, operational risk and customer-service obligations.

• Strong client-advisory, facilitation and stakeholder-management capabilities.

• Advanced industry certifications, financial-services credentials or a relevant postgraduate degree are a plus.

Compensation

The annual salary for this position is between USD $120,000 and $150,000, depending on experience, qualifications, geographic location and other job-related factors.

Benefits

Employees are eligible for Cognizant’s comprehensive benefits package, including medical, dental, vision and life insurance; retirement benefits; paid time off; wellbeing programs; and professional-development opportunities.

Application deadline

Applications will be accepted until 7 November 2026.

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.