Business Architect - Banking

Virtusa; Hyderabad; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

Virtusa in Hyderabad seeks a Senior Business Architect to drive cross-domain banking initiatives across Retail, Wholesale, Digital Banking, Capital Markets & Treasury. You will map processes, develop capability maps, operating models, and transformation roadmaps, partnering with Solutions Architects to ensure business-IT alignment.

With 7+ years in enterprise-level business analysis or architecture in financial services, you will translate strategic objectives into concrete initiatives and

Qualifications

• Must have extensive experience in business architecture and process design within banking.
• Deep knowledge of banking products and related processes.
• 7+ years in enterprise-level business analysis or architecture in financial services.
• Experience creating capability maps, operating models and transformation roadmaps.
• Strong consulting, stakeholder management and communication skills.
• TOGAF or similar framework knowledge.
• Experience using EA tools and ArchiMate modeling (preferably Bizzdesign).
• Ability to translate strategic objectives into actionable initiatives.

Responsibilities

• Analyze and map current banking processes, products, and capabilities for improvement opportunities.
• Develop business capability models aligned with strategy, regulation, and customer needs.
• Define business requirements and translate into capability roadmaps and deliverables.
• Collaborate with Solutions Architects and tech teams for business-IT alignment.
• Support operating model development to enhance efficiency, compliance, and customer experience.
• Provide strategic recommendations for process optimization and product innovation.
• Keep architecture documentation and repositories up to date.

Skills

Business architecture

Process design

Banking domain knowledge

Enterprise analysis

Capability maps

Operating models

Transformation roadmaps

Stakeholder management

TOGAF knowledge

ArchiMate modeling

Bizzdesign

Strategic translation

Tools

ArchiMate modeling

Bizzdesign

Job description

Job RequirementsThis role is being recruited across different domains: Retail Banking, Wholesale Banking, Digital Banking, Capital Markets & Treasury, Payment, and Shared Services & Compliance.

Job RequirementsThis 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 Experience7-10Years