Principal Consultant - Banking Domain

Infosys; Bengaluru; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Infosys seeks a Principal/Lead Consultant in Banking Domain Consulting to drive end-to-end transformation programs for global financial services clients. You will lead multi-stakeholder workshops, craft business cases, and oversee delivery from inception to value realization.

The role requires extensive domain knowledge, MBA background, and a track record of delivering complex banking programs using agile methodologies and Finacle or similar products.

Qualifications

• MBA from a top-tier institution.
• 10–20 years of experience, with at least 6+ years in Banking/Financial Services consulting.
• Experience leading the domain track in large transformation programs.
• Hands-on banking process knowledge across deposits, lending, and trade services.
• Experience in client CxO conversations, proposals, and solution design.

Responsibilities

• Lead complex banking transformation engagements across global clients.
• Manage agile governance, timelines, and stakeholder communications.
• Develop business cases and value-led propositions for clients.
• Facilitate functional workshops and perform requirement scoping and fit-gap analyses.
• Mentor and guide a team of high-performing consultants.

Skills

Project Management

Agile Methodologies

SAFe

Stakeholder Engagement

Leadership

Business Case Development

Workshops Facilitation

CxO Relationships

Banking Domain Knowledge

Education

MBA

Tools

Finacle

Job description

Principal/Lead Consultant – Banking Domain Consulting

Hands-on experience with configuring and solutioning products to meet business specific requirements, including parameter settings, workflow definitions, and data mapping.

• Experience in supporting multiple and complex programs across work-streams, setting priorities, managing and monitoring schedules, developing relevant tools and templates, communication frameworks and in engaging key internal, external stakeholders and subject matter experts.
• Project Management: Experience in agile methodologies, have led as Project Manager, Product Owner and Scrum Master roles within SAFe projects and helped build Agile Ways of working transformation programs for client IT organizations. Experience: 10-20 years, with at least 6+ years of top-tier consulting experience post MBA in Banking/Financial Services is preferable.
• An MBA from a top-tier institution.
• Proven experience of managing the domain track in at least 8 large transformation programs, overseeing the entire implementation lifecycle from inception to delivery.
• Experience in leading implementation projects with a consultative, pre-opinionated and business-focused approach.
• Extensive knowledge of banking concepts, including deposits, lending, and trade services, and proficiency in various computation methodologies across these functions. Strong understanding of financial theory and practice across banking functions, including formulas such as interest, amortization, scheduling, and their application in the end-to-end value chain.
• Comprehensive knowledge of how different banking business models operate, including product offerings, revenue streams, and customer service models. Experience in scenario-based configuration within banking systems and event-based modeling for business operations.
• Hands-on experience in banking processes, working with a leading bank(s) or banking product(s) company in a solution and transformation role.
• Proven expertise in business solutioning, functional fit-gap analysis, and business scenario modeling to ensure alignment of solutions with client requirements.
• Ability to develop and articulate compelling business cases and track key performance metrics that demonstrate clear value realization for clients.
• Experience in leading and facilitating functional workshops with stakeholders, ensuring effective functional dependency analysis. Experience in ASD (Accelerated Solution Design) methodologies using Finacle or similar products for smooth implementation of solutions.
• Be responsible for delivering complex engagements for large, medium, and small-sized companies across the globe in the Banking/Financial Services sector.
• Be responsible for developing effective senior (CxO) relationships with clients and business development target organizations.
• Independently lead client CxO conversations, build proposals & solution approach, lead design thinking workshops and solution design, consulting engagements and the project teams.
• Contribute to account mining and relationship activities with value scan, health check diagnostics, benchmarking, opportunity assessment and presentation to clients.
• Provide strategic counsel to clients on industry trends, leveraging technological innovations to shape their vision and navigate complex stakeholder dynamics.
• Lead complex transformation projects through the full lifecycle of banking/financial services value chain.
• Effectively convey complex concepts and solutions in a simple, yet persuasive manner, demonstrating a thorough understanding of the underlying intricacies.
• Influence stakeholders and non-technical team members.
• Contribute to the profile and reputation of Finacle Consulting Group through firm-building, developing new capabilities, and offering development initiatives, thought leadership, whitepapers and conference speeches.
• Mentor a team of high performing consultants.
• Drive next generation banking thought leadership, contribute to building business strategy/value-led propositions, accelerated solution design capabilities for banking transformation engagements to deliver faster p