Functional Architect

4 weeks ago

Pune, Maharashtra, India NTT DATA Services Full time

Req ID: 287111

NTT DATA Services is seeking a skilled and innovative Functional Architect to join our team in Pune, India. As a key member of our organization, you will play a crucial role in providing strategic and technical guidance to our clients in the banking industry.

The ideal candidate will have extensive experience in core banking systems, architectural principles, and industry best practices. You will work closely with stakeholders, including business leaders, IT teams, and external vendors, to design and implement efficient and scalable core banking solutions.

Key Responsibilities:

Core Banking System Design:

Collaborate with clients' stakeholders to understand their core banking system requirements and develop innovative architectural designs.

Design end-to-end business architectures, process flows, and data models aligned with clients' core banking objectives.

Ensure seamless integration of the core banking system with existing infrastructure and compliance with regulatory standards.

Provide technical guidance and support to development teams during the core banking system implementation.

Stakeholder Collaboration:

Engage with clients' business stakeholders, subject matter experts, and IT teams to identify their specific needs and translate them into pragmatic core banking system solutions.

Conduct workshops and interactive sessions to gather business requirements and elicit actionable insights.

Foster collaboration between business and IT teams to ensure alignment and obtain buy-in for core banking transformation initiatives.

Solution Evaluation and Selection:

Assess solution capabilities, scalability, performance, and security in accordance with clients' specific criteria.

Develop comprehensive business cases and deliver persuasive presentations to senior management.

System Implementation and Integration:

Work closely with clients and project teams to oversee and guide the successful implementation of core banking systems.

Collaborate with IT teams to manage system integrations, data migration, and comprehensive testing activities.

Define and monitor key performance indicators (KPIs) to measure the effectiveness of core banking system implementations.

Governance and Compliance:

Ensure compliance with industry standards, regulations, and data security requirements throughout core banking system implementations.

Develop and maintain system governance frameworks, policies, and procedures.

Provide expert guidance on risk mitigation strategies and establish controls to safeguard sensitive information.

Requirements:

Education:

Bachelor's degree in Business Administration, Computer Science, Information Technology, or a related field. Master's degree will be a plus.

Experience:

Extensive experience (10+ years) as a Core banking Business Architect or in a similar role within the financial services industry. Deep hands-on knowledge about Temenos T24 or Finacle will be preferred.

Skills and Attributes:

Good understanding of economic or market issues and the ability to interpret their impact on clients.

Possess strong interpersonal and teaming skills.

Leverage technology to continually learn, improve service delivery, and maintain our leading-edge best practices.

Strong presentation skills and proficiency in the use of PowerPoint, Word, and Excel.

Good team player with strong communication and problem-solving skills.

About NTT DATA:

NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize, and transform for long-term success. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation, and management of applications, infrastructure, and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. Visit us at us.nttdata.com.

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