Domain Consultant – Transaction Banking

We are looking for experts with around 10 years experience in Transactional banking as Functional consultant for

Payments
Credit
Limit Management
Pricing (Corporate & Retail)
Deposits

Product Rationalization:

Work closely with business stakeholders, system integrators, and core banking vendors to assess the current product catalogue across retail, SME, and corporate segments.
Identify products to be sunset, products to be migrated to the new core system, and new products to be introduced.
Refine and redesign products selected for migration to ensure alignment with the new core banking platform’s product architecture and conceptual model.
Advise on simplification, bundling, and innovation opportunities, incorporating capabilities from the core banking vendor (e.g., pricing engine, rule configurator).

Process Re-engineering:

Focus on re-engineering core banking-related processes directly tied to the product scope.
Target processes include: accounting flows, control and fund reservation mechanisms, management of value-bearing instruments such as deposit books and term certificates, and end-to-end product lifecycle processes.
Product lifecycle processes include the definition of new product codes, product tree structures, pricing and fee schemes, and procedures for sunsetting obsolete products.
Identify automation opportunities and pain points within these areas and propose lean, scalable process improvements.

Target Operating Model (TOM):

Define the future-state TOM across key domains such as Core Banking, Lending, Payments, Pricing, Limit Management.
Include governance and operational processes for managing the full lifecycle of financial products, from launch to retirement.
Align TOM with business strategy, cloud-native architecture, and future product/service offerings.

Requirement:

8–15 years’ experience in transaction/corporate banking, with focus on Payments/Credit/Limits/Pricing
Prior involvement in large transformation programs or strategic product design
Exposure to platforms like T24, Finastra, Oracle FLEXCUBE, FIS, or in-house banking platforms
Strong business analysis, stakeholder management, and documentation skills
Experience working with consulting firms, banks, or fintechs on strategic initiatives

When you apply, you voluntarily consent to the disclosure, collection and use of your personal data for employment/recruitment and related purposes in accordance with the Tech Aalto Privacy Policy, a copy of which is published at Tech Aalto’s website (https://www.techaalto.com/privacy/)
Confidentiality is assured, and only shortlisted candidates will be notified for interviews.

Functional Consultant Transaction Banki...