Project Manager

CIEL HR; Ernakulam; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

CIEL HR in India seeks an IT Project Manager to lead end-to-end BFSI IT projects, aligning with business goals and delivering on time. You will plan, execute, manage stakeholders, govern risks, and coordinate cross-functional teams of developers, testers, and business units.

Familiarity with JIRA, MS Project, Agile, Waterfall, and hybrid approaches is essential. Experience in RBI compliance, core banking, ERP integrations, and ITSM platforms like ServiceNow is preferred.

Qualifications

• Experience in IT project management within BFSI domain is required.
• Ability to manage end-to-end project lifecycles and deliver on time.
• Strong stakeholder communication and governance skills.

Responsibilities

• Manage definition of scope, objectives and deliverables.
• Develop detailed project plans and oversee execution across initiation, design, development, testing and deployment.
• Engage with internal teams, vendors and business units for alignment and timely communication.
• Maintain governance through steering committee meetings and escalation matrices.
• Identify risks and implement mitigation strategies and ensure timely resolution of issues.
• Ensure documentation (BRDs, project charters, status reports, risk logs) and provide updates to senior management.
• Ensure adherence to RBI guidelines and IT project governance frameworks.

Skills

BFSI domain understanding

Proficiency in JIRA

Proficiency in MS Project

Agile methodologies

Waterfall methodologies

Hybrid project management

Communication skills

Leadership

Stakeholder engagement

Vendor management

Education

PMP or PRINCE2 certification

Tools

JIRA

MS Project

Job description

Role Description

IT Project Manager will be responsible for managing and delivering IT projects in the Banking, Financial Services, and Insurance (BFSI) domain. The role demands hands-on experience in managing end-to-end project lifecycles, stakeholder coordination, and ensuring timely delivery aligned with business goals.

Key Responsibilities

Project Planning & Execution

Manage definition of scope, objectives, and deliverables. Develop detailed project plans along with the Project team and manage execution across phases including initiation, design, development, testing, and deployment.

Stakeholder Management

Engage with internal teams, vendors, and business units to ensure alignment and timely communication. Maintain governance through steering committee meetings and escalation matrices.

Risk & Issue Management

Identify potential risks and develop mitigation strategies. Track issues and ensure timely resolution to avoid project delays.

Documentation & Reporting

Ensure comprehensive documentation including BRDs, project charters, status reports, and risk logs. Provide regular updates to senior management and stakeholders.

Compliance & Quality Assurance

Ensure adherence to internal standards, RBI guidelines, and IT Project governance frameworks. Support audit and compliance activities as required.

Team Coordination

Lead cross-functional teams including developers, testers, and business teams. Delegate tasks and monitor progress to ensure milestones are met.

Required Skills

• Strong understanding of BFSI operations and IT systems
• Proficiency in project management tools (JIRA, MS Project)
• Familiarity with Agile, Waterfall, and Hybrid methodologies
• Excellent communication, leadership, and stakeholder engagement skills
• Ability to manage vendor relationships and third-party integrations

Qualifications

• PMP or PRINCE2 certification preferred
• 45 years of experience in IT project management, with at least 2–3 years in BFSI projects

Preferred Experience

• Exposure to core banking systems, ERP integrations (e.g., Oracle Fusion), and digital transformation initiatives.
• Experience in managing compliance-related projects (e.g., RBI directives)
• Familiarity with ITSM platforms like ServiceNow and cloud-based infrastructure projects

Additional Notes

This role is aligned with strategic initiatives within Breakthrough such as Project Novus, FedOne, and Unified Credit Card Module, and will involve coordination with internal and external teams