Functional Architect

2 weeks ago

Pune, Maharashtra, India NTT DATA Full time

Job Description

Req ID: 287111

We are seeking a highly skilled Functional Architect to join our team in Pune, India. As a Core Banking Business Architect, you will play a crucial role in providing strategic and technical guidance to our clients in the banking industry.

Key Responsibilities:

Core Banking System Design:

  • Collaborate with clients' stakeholders to understand their core banking system requirements.
  • Develop innovative architectural designs that meet clients' needs.
  • 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.

Stakeholder Collaboration:

  • Engage with clients' business stakeholders, subject matter experts, and IT teams to identify their specific needs.
  • 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:

  • Bachelor's degree in Business Administration, Computer Science, Information Technology, or a related field.
  • 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.
  • Strong understanding of core banking systems, architectural principles, and industry best practices.
  • Proven ability to lead and facilitate workshops, gather business requirements, and effectively manage stakeholders.

This is an exceptional opportunity to leverage your expertise and contribute to the success of our clients' core banking transformation initiatives.

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