Principal IT Architect Financial Institutions

2 months ago


Mumbai, India Boston Consulting Group Full time
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersâempowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Practice Area Profile
BCG Platinionâs presence spans across the globe, with offices in Asia, Europe, and South and North America. We achieve digital excellence for clients with sustained solutions to the most complex and time-sensitive challenge. We guide clients into the future to push the status quo, overcome tech limitations, and enable our clients to go further in their digital journeys than what has ever been possible in the past. At BCG Platinion, we deliver business value through the innovative use of technology at a rapid pace. We roll up our sleeves to transform business, revolutionize approaches, satisfy customers, and change the game through Architecture, Cybersecurity, Digital Transformation, Enterprise Application and Risk functions. We balance vision with a pragmatic path to change transforming strategies into leading-edge tech platforms, at scale.
What You'll Do
As a Principal Architect at BCG Platinion, you will lead and deliver enterprise architecture solutions for BFSI clients. You will work closely with business and technology stakeholders to understand their objectives, challenges, and opportunities and translate them into technology capabilities. You will also define the target architecture building blocks across channels, digital enablers, applications, integration, cloud, infrastructure, data, microservices, and security and recommend implementing them.
  • Lead and deliver enterprise architecture solutions for BFSI clients.
  • Define the target architecture building blocks across channels, digital enablers, applications, integration, cloud, infrastructure, data, microservices, and security.
  • Analyze implementation options considering Reuse vs. Buy vs. Build.
  • Define conceptual solution architecture for each recommendation.
  • Prioritize recommendations to deliver business value.
  • Develop an implementation roadmap with milestones and cost-benefit analysis for each initiative.
  • Recommend DevSecOps and Agile ways of working.
  • Communicate effectively with senior business stakeholders and technology teams.
  • Make crisp presentations on technology recommendations.
  • Work collaboratively with diverse teams.
  • Manage product/ vendor selection for implementation.
  • Manage governance and problem-solving during implementation.
  • Manage vendor management.
  • Build and manage senior client relationships.
  • Manage technology operation model and org structure.
  • Manage engineering best practices for âBuildâ solutions.


What You'll Bring (Experience & Qualifications)
  • A BTech / MTech degree from a top engineering college
  • At least 14 years of experience in working on enterprise architecture for BFSI clients
  • Expertise in enterprise architecture frameworks such as TOGAF
  • Knowledge of emerging technologies and trends such as Lakehouse Architecture, Cloud Architecture, Microservices, etc.
  • Relevant Cloud certifications from AWS, Azure, or GCP
  • Experience in past positions as Technology Consultant, Enterprise Architect, Cloud Architect
  • Experience in digital transformation (Strategy as well as implementation)
  • Understanding of banking/NBFC/Insurance architecture
  • Understanding of core banking/PAS/LOS/LMS products
  • Understanding of new age mobility stacks, and DevOps
  • Strong interpersonal skills to work with diverse teams
  • Excellent relationship management skills with the ability to engage, negotiate and manage client stakeholders and suppliers
  • Experience in developing and implementing technology solutions in a complex organization
  • Experience in evaluating emerging technologies and trends to identify opportunities for the organization
  • Good hold on slide writing/presentation



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