Business Architect - Banking
Virtusa
Hyderabad, Telangana, India
Job Requirements
This role is being recruited across different domains: Retail Banking, Wholesale Banking, Digital Banking, Capital Markets & Treasury, Payment, and Shared Services & Compliance.
Experience: 7+ years
Required Skills
- Proven experience in business architecture and process design within the banking sector.
- Strong knowledge of banking products (retail, wholesale, payments, treasury, compliance, etc.) and related business processes.
- 7+ years of experience in enterprise-level business analysis or business architecture, preferably in financial services.
- Experience in developing and managing business capability maps, operating models, and transformation roadmaps.
- Strong consulting, stakeholder management, and communication skills.
- Knowledge of TOGAF or other enterprise architecture frameworks.
- Experience in one of the EA tools and ArchiMate modeling, preferably Bizzdesign.
- Ability to translate strategic objectives into actionable business and technology initiatives
Key Responsibilities
- Analyze and map current banking business processes, products, and capabilities to identify improvement and transformation opportunities.
- Develop business capability models and align them with strategic initiatives, regulatory mandates, and customer needs.
- Work with stakeholders to define business requirements and translate them into capability roadmaps and architectural deliverables.
- Collaborate with Solutions Architects and Technology teams to ensure business and IT alignment across all initiatives.
- Support the development of business operating models that enhance efficiency, compliance, and customer experience.
- Provide strategic recommendations for process optimization, product innovation, and business model enhancements within banking.
- Ensure that business architecture documentation, capability maps, and repositories are maintained and kept up to date.
Work Experience
7-10Years