- Lead the core banking transformation program team by proactively driving the delivery of a next-generation Core Banking platform for Mashreq.
- Individual will be responsible for the end-to-end management for the responsible function (from start of the program till implementation across 6 geographies) and timely completion of Core Banking Program for Business/Function.
- Take ownership for the specific function on the large-scale transformation of core banking systems. This pivotal position requires support in modernization efforts essential for enhancing operational efficiency, customer experience, and overall business agility.
- To lead collaboration with key stakeholders and leverage cutting-edge technologies to deliver a seamless and robust transformation that aligns with the organization's strategic objectives.
- To ensure required data on all the existing systems are analysed and base product setup is done.
- To ensure the required configurations in Core are considered and are in place in the new systems for all the geographies.
- To make sure of successful run and completion of different phases of the program like SIT, UAT, Go-Live etc.
- This role is central to the bank's future success and sustainability, demanding exceptional expertise, vision, and execution capabilities.
- Responsible and accountable for the respective business/function representing the core banking transformation program.
- Perform business analysis to minimize customizations and maximize global consistency and standardization of products across various geographies.
- Interact with various disciplinary teams and senior management across departments.
- Define, design and finalize test cases and test plans for the unit.
- Engage with stakeholders across business units and geographies.
- Make sure strong project governance is maintained for all activities.
- Plan and execute multiple rounds of testing prior to implementation.
- Maintain documentation of all processes, including changes.
- Develop talent specializing in the new core banking platform for Mashreq.
- Align Technology, COEs, Country Ops Heads, PMO, Compliance, Risk, and ISG with challenges and work streams of implementing the Core upgrade.
- Utilize strong interpersonal skills to assess problems, analyse options, and navigate diverse perspectives.
- Execute the program's strategy, minimizing customization, and adhering to the "hollow the Core" concept within the project timeline.
- Implement best practices and innovative solutions during the transformation.
- Manage a cross-functional team across different locations while ensuring task consistency.
- Design processes and controls to ensure on-time and on-budget project delivery within risk tolerances.
- Understanding of banking operations, products, and services
- Knowledge of regulatory requirements in the banking sector
- In-depth knowledge of core banking software and platforms
- Awareness of emerging technologies and trends in core banking
- Knowledge of system integration and data migration methodologies
- Proficiency in project planning, scheduling, and monitoring
- Ability to manage project risks and issues effectively
- Strong analytical and problem-solving skills
- Experience in requirements gathering and documentation
- Ability to bridge the gap between business needs and technical solutions
- Skills in stakeholder management and communication
- Experience in developing and executing change management strategies
- Ability to foster a culture of innovation and continuous improvement
- 12 to 15 years of experience working in the banking or financial services industry and associated part of large-scale core banking transformation (preferably Flexcube)
- Experience in managing core banking transformation projects
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