Head of Core Banking Technology Transformation

3 weeks ago


Dubai, United Arab Emirates Talent Pal Full time
DESCRIPTION Job Purpose:
As the Head of CoreBanking Technology Transformation you will lead the strategicinitiative to overhaul and modernize our core banking systems andtechnology infrastructure. This role requires a seasonedprofessional with a strong background in banking technology projectmanagement and leadership. You will be responsible for shaping thevision strategy and execution of core banking technologytransformation ensuring it aligns with the organizations businessobjectives.
Principal Accountabilities:

Strategic Planning:

Develop and drivethe strategic roadmap for core banking technology transformationaligning it with the overall business strategy. Define clear objectives milestones and key performanceindicators (KPIs) for the transformation initiative.
TeamLeadership:

Build and lead a highperforming team oftechnology professionals including project managers architectsengineers and analysts. Foster a cultureof collaboration innovation and continuous improvement within theteam.
Project Management:

Oversee multipletransformation projects ensuring they are delivered on time withinbudget and in line with quality standards. Implement effective project management methodologies and tools.
Vendor and Partner Management:

Collaborate with external vendors technology partners andconsultants to leverage their expertise and solutions for corebanking transformation. Negotiatecontracts manage relationships and ensure deliverables meetexpectations.
Technology Assessment and Selection:

Evaluate the suitability of existing core banking systems andtechnology stacks. Lead the process ofselecting and implementing modern core banking solutions orupgrades.
Regulatory Compliance:

Ensure that alltechnology transformations adhere to regulatory requirements andcompliance standards within the banking industry. Liaise with regulatory bodies and auditors asnecessary.
Risk Management:

Identify potentialrisks associated with technology transformations and developmitigation strategies. Implement robustcybersecurity measures to protect sensitive customer data.
Change Management:

Develop and executecomprehensive change management plans to minimize disruptions andensure smooth transitions for both employees and customers. Provide training and support to staffaffected by technology changes.
BudgetManagement:

Develop and manage budgets for core bankingtechnology transformation projects. Monitor expenses and allocate resources effectively.
Communication and Reporting:

Maintain transparentand effective communication channels with executive leadership andstakeholders.
Provide regular updates on project progress challengesand outcomes
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