Head of Core Banking....
Head of Core Banking Technology Transformation - Commercial Bank of Dubai
Posted on :
31-01-2024
Employer Active
1 Vacancy
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Job Description
Req ID : 2487552
DESCRIPTION
Job Purpose:
As the Head of Core Banking Technology Transformation you will lead the strategic initiative to overhaul and modernize our core banking systems and technology infrastructure. This role requires a seasoned professional with a strong background in banking technology project management and leadership. You will be responsible for shaping the vision strategy and execution of core banking technology transformation ensuring it aligns with the organizations business objectives.
Principal Accountabilities:
Strategic Planning:
Develop and drive the strategic roadmap for core banking technology transformation aligning it with the overall business strategy.
Define clear objectives milestones and key performance indicators (KPIs) for the transformation initiative.
Team Leadership:
Build and lead a highperforming team of technology professionals including project managers architects engineers and analysts.
Foster a culture of collaboration innovation and continuous improvement within the team.
Project Management:
Oversee multiple transformation projects ensuring they are delivered on time within budget and in line with quality standards.
Implement effective project management methodologies and tools.
Vendor and Partner Management:
Collaborate with external vendors technology partners and consultants to leverage their expertise and solutions for core banking transformation.
Negotiate contracts manage relationships and ensure deliverables meet expectations.
Technology Assessment and Selection:
Evaluate the suitability of existing core banking systems and technology stacks.
Lead the process of selecting and implementing modern core banking solutions or upgrades.
Regulatory Compliance:
Ensure that all technology transformations adhere to regulatory requirements and compliance standards within the banking industry.
Liaise with regulatory bodies and auditors as necessary.
Risk Management:
Identify potential risks associated with technology transformations and develop mitigation strategies.
Implement robust cybersecurity measures to protect sensitive customer data.
Change Management:
Develop and execute comprehensive change management plans to minimize disruptions and ensure smooth transitions for both employees and customers.
Provide training and support to staff affected by technology changes.
Budget Management:
Develop and manage budgets for core banking technology transformation projects.
Monitor expenses and allocate resources effectively.
Communication and Reporting:
Maintain transparent and effective communication channels with executive leadership and stakeholders.
Provide regular updates on project progress challenges and outcomes
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Employment Type
Full Time
Key Skills
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