Job Title: Consultant/Senior Consultant (BFSI) for Consulting Practice Grade: Consultant/Senior consultant/Consulting Manager
Base Location: Bengaluru/Pune/Mumbai/Hyderabad. Should be willing to travel internationally or within India (as per business requirements)
Job Description:
The role holders would be expected to work with Strategic Business Managers or work independently on projects in driving the business towards decisions in matters of strategic, organizational, operational, and technological investment. As a part of Business Consulting Team, you will be involved in:
• Lead and manage business transformation programs and making sure to alignment with organizational goals and objectives.
• Collaborate closely with clients to understand their key priorities, shape the transformation roadmap, and lead the Innovation agenda for clients.
• Provide structure to the client problems and problem solving and ability to conceptualise, develop and implement standard methods, tools, and approaches.
• Advising clients on IT strategy and Roadmap development, Application portfolio rationalization, Cost optimization, IT simplification strategies, Benchmarking studies.
• Develop and implement strategies to drive business process improvements, enhance operational efficiency, and achieve cost savings. Collaborate with all levels of management and be able to document existing processes, analyse data, and recommend business processes enhancements. Develop and monitor scorecard and other tools to measure success of process improvement initiatives.
• Collaborate with cross-functional teams, including Business teams, Operations, and Client account teams to ensure successful project execution. Identify and mitigate risks associated with transformation initiatives. Monitor and report on project progress, ensuring timely delivery and achievement of key milestones.
• Support the development of Solutions/ Business Model/Business Platforms and provide recommendation and benefits.
• Provide strategic consulting on Cross-border Trade Finance, Cards, and Domestic payment systems with emerging payment technologies.
• The Business Consultant should be able to take the initiative to complete key activities, consulting line management.
• Conduct comprehensive process review for end-to-end value chains, identified as per business priorities or delivery challenges.
• Create service offerings along with global colleagues and define key deliverables for Go to Market
• Provide leadership and guidance to project teams, fostering a culture of continuous improvement and innovation.
Critical Success Factor:
• 5 to 10 years of Experience on Digital Transformation / Process Consulting / Business Consulting
• Master’s degree in business administration from Tier I institutes.
• Extensive experience in BFSI consulting, process reengineering, and digital transformation.
• Experience and knowledge of any two to three domain - Corporate Banking, Cards and Payments, Credits and Lending, Wealth Management, Insurance, Corporate finance, Trade Finance, Treasury etc.
• Good experience in working in SDLC and AGILE program management methods.
• Excellent communication skills (written and verbal)
• Strong JIRA/VSTS, MS Office skills, particularly PowerPoint, Excel, and Word
• Must have worked in developing thought leadership – White Papers, Concept notes, POVs etc., on emerging techs for banking industry.
