Fixed Income Settlement Jobs in Minnesota (NOW HIRING)

Consulting Principal - Fixed Income Transformation
About Cognizant Consulting
Cognizant Consulting is more than Cognizant's consulting practice-we're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we're looking for our next colleague who'll join us in shaping the future of business. Could it be you?
About the role
As a Consulting Principal - Fixed Income Transformation, you will lead large-scale transformation initiatives focused on modernizing legacy platforms within fixed income environments. You will play a critical role in early-stage program definition - conducting current-state assessments, identifying capability gaps, and shaping future-state solutions leveraging commercial platforms.
You will work closely with clients, consulting teams, and technology partners to drive complex transformation programs and deliver business outcomes across the fixed income lifecycle.
In this role, you will:

• Lead discovery, scoping, and gap assessment efforts for modernization programs, mapping legacy workflows to target-state platforms
• Drive business and systems analysis, including process mapping, requirements definition, and capability alignment
• Partner with senior stakeholders and executive leadership to shape transformation strategy and roadmap
• Oversee delivery of large-scale programs, ensuring alignment across business, technology, and operations teams
• Provide domain leadership across fixed income products, including securities lifecycle processes and servicing models
• Mentor consulting teams and contribute to practice growth through thought leadership and solution development
• Consistently demonstrate the Cognizant Way to Lead through strong client focus, collaboration, and accountability

Work model
We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring 3 days a week in a client or Cognizant office in Minnesota or New York City, with additional travel as needed.
The working arrangements for this role are accurate as of the date of posting and may change based on project or client requirements.
What you must have to be considered

• 15+ years of consulting or industry experience in fixed income/government security projects/environments
• Demonstrated experience leading large-scale system modernization or transformation initiatives
• Strong expertise in business analysis, process mapping, and gap assessment methodologies
• Solid understanding of fixed income products and lifecycle processes (e.g., issuance, servicing, settlement)
• Proven ability to engage and influence senior stakeholders and executive leadership
• Experience leading cross-functional teams and delivering complex consulting engagements
• U.S. Citizenship required with ability to obtain a Public Trust or equivalent clearance

These will help you succeed

• Experience working with commercial financial platforms and integrating them into legacy environments
• Familiarity with mainframe modernization or core platform replacement programs
• Domain knowledge of government securities and regulated financial environments
• Strong program management skills with the ability to manage ambiguity and evolving requirements
• Advanced degree (MBA or equivalent)

We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply-even if you don't meet every requirement. Your transferable experience and perspective matter.
Compensation
• $165,000 - $194,000 annually
• This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.
Benefits

• Medical, dental, vision and life insurance
• 401(k) plan with company contributions
• Employee stock purchase plan
• Employee assistance program
• Paid time off plus company holidays
• Paid parental leave and fertility assistance
• Learning and development programs and certifications

Post closing date
Applications will be accepted until August 4th, 2026
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] for roles based in the Americas or [email protected] for roles based in India.