Job Description
- Knowledge of Temenos Transact or Avaloq
- Spanish: C2 Proficient
- English: C2 Proficient
- 7-10 years in banking Enterprise Architecture (European banks preferred)
- Core Banking/Wealth Management experience
- TOM design & implementation in wealth management or retail banking
- Enterprise architecture principles, system integration, infrastructure optimization knowledge
- Strategic application rationalisation proposal creation
- Workshops with executive stakeholders to define 'as-is' and recommended state
- Business case development with key stakeholders
- Wealth management domain knowledge
Project description
As an Enterprise Architect, you will work closely with the client to evaluate the current technological landscape and define an optimal future state architecture. This involves an assessment of existing systems, identification of systems that may become redundant, and development of a detailed integration strategy. By defining the technical and functional aspects of the target architecture, we aim to ensure that the new Core Banking System can seamlessly integrate with the bank's existing infrastructure while maximizing efficiency and reducing costs.
Additionally, to provide an understanding of the Total Cost of Ownership (TCO) associated with the transition to the new Core Banking System. This includes an analysis of current and projected costs, enabling the client to make informed decisions about the financial implications of the Core Banking System, renewal.
Responsibilities
Technical Architecture and Integration Map:
AS-IS Assessment: Analyze the current technical architecture, identifying all existing systems, databases, and data flows.
System Redundancy Identification: Determine systems that may become redundant with the new CBS capabilities.
TO-BE State Definition: Design the future state architecture, including new integrations, data flows, and infrastructure changes.
Integration Strategy: Develop integration strategies for connecting the new CBS with existing systems.
Interconnection Map: Create a visual map showing the interconnections between all systems in the TO-BE architecture.
Functional Architecture and Capabilities:
Current Capability Analysis: Evaluate the functionalities of existing systems, identifying gaps and areas for improvement.
Future Capability Requirements: Define the necessary functionalities for the future architecture in alignment with Miraltabank's strategic goals.
Capability Mapping: Map the current capabilities to the new system functionalities, identifying overlaps and potential enhancements.
Stakeholder Interviews: Conduct interviews with key stakeholders to gather requirements and validate the proposed functionalities.
Regulatory Compliance Check: Ensure that the proposed functionalities meet regulatory requirements.
Total Cost of Ownership (TCO) Analysis:
Cost Identification: Identify all costs associated with current systems, including licenses, infrastructure, maintenance, and support.
Cost Estimation: Estimate the costs associated with the new CBS, including implementation, training, and ongoing support.
Cost Comparison: Compare the current and future costs, highlighting potential savings and investments.
Financial Impact Analysis: Assess the long-term financial impact of the transition to the new CBS.
ROI Calculation: Calculate the return on investment for the proposed CBS renewal.
Skills
Must have
7-10 years experience in banking Enterprise Architecture roles preferably with European banks
Experience in Core Banking/Wealth Management
Experience working on Target Operating Model (TOM) design and implementation projects within wealth management or retail banking.
In-depth knowledge of enterprise architecture principles, system integration patterns, and technology infrastructure optimization.
Ability to build a strategic application rationalisation proposal across all key business functions
Run workshops with key executive stakeholder to define the "as-is", recommended state
Develop business case with the bank's key stakeholders
Wealth management domain knowledge
Nice to have
Knowledge Temenos Transact or Avaloq
Other
Languages
Spanish: C2 Proficient,English: C2 Proficient
Seniority
Lead
