Transact Corporate - CMB Functional

Bahwan CyberTek; Chennai District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading IT consulting firm in Chennai is seeking a Functional Consultant to understand business requirements and implement T24/Transact banking solutions. Candidates should have a Bachelor's or MBA in a related field and experience in implementing banking modules globally. The role involves collaboration with stakeholders, solution design, and user training. Proficiency in tools like JIRA is preferred. This full-time position offers a dynamic work environment with potential short-term travel.

Qualifications

• Experience in implementing Temenos T24/Transact core banking modules is required.
• Strong knowledge of Trade Finance, Cash Management, Corporate Lending is essential.
• Experience with Agile methodologies and project management tools is advantageous.

Responsibilities

• Conduct workshops and interviews for requirements gathering.
• Create functional specifications and use cases.
• Assist in configuration and customization of T24.
• Serve as contact point between business users and technical teams.
• Prepare documentation and lead end-user training.

Skills

Stakeholder Management

Business Requirements Gathering

Solution Design

Functional Testing

Documentation

Education

Bachelor's degree or MBA in Business, Banking, or related discipline

Tools

JIRA

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

Overview

The Functional Consultant is tasked with understanding business requirements, transforming them into functional specifications, and facilitating the effective implementation of the T24/Transact banking solution. This position requires close collaboration with regional clients, stakeholders, and the development team to ensure that the solution fulfills business needs while aligning with strategic objectives. This position may involve short-term travel to client locations depending on business requirements.

Responsibilities

• Requirement Gathering: Organize workshops and conduct interviews with business users to collect and document business requirements. Evaluate and confirm requirements to guarantee that they are comprehensive and consistent. Engage in the requirements phase and coordinate with business users to acquire necessary information.
• Solution Design: Create functional specifications, use cases, and process flows derived from the gathered requirements. Work closely with the technical team to design solutions that address business needs. Ensure that proposed solutions are in accordance with T24/Transact capabilities and industry best practices. Prepare functional specification documents in either User Stories or Use Case format. Identify potential gaps in the requirements and communicate with relevant stakeholders for resolution.
• Implementation: Offer T24/Transact functional expertise throughout the implementation phase. Assist in the configuration and customization of T24 to fulfill business requirements. Perform functional testing and provide support during user acceptance testing (UAT). Review test cases created by the QA team and carry out functional or unit testing of applications.
• Stakeholder Management: Serve as the main point of contact between business users and the technical team. Facilitate communication to ensure all stakeholders are updated on project developments and changes in requirements.
• Documentation and Training: Prepare comprehensive documentation, including requirement specifications, functional specifications, and user manuals in accordance with TIM (Temenos Implementation Methodology). Lead training sessions for end-users and provide support after implementation.
• Support: Diagnose and resolve issues that surface during the implementation and post-implementation periods. Offer proactive solutions to alleviate risks and guarantee project success. Assess changes suggested by the business team and conduct necessary impact analyses.

Qualifications

• A Bachelor's degree or MBA in Business, Banking, or a related discipline is required.
• Experience in implementing Temenos T24/Transact core banking modules in various global locations.
• Strong knowledge across key Transact modules such as Trade Finance, Cash Management, Guarantees, Corporate Lending, and Customer & Static Tables is essential.
• A solid understanding of Banking operations and regulatory requirements is necessary.
• T24/Transact product certification on relevant modules is preferred.
• Previous experience with Agile methodologies and project management tools is advantageous.
• Familiarity with tools like JIRA for risk analysis, change request logging, conflict management is preferred.
• Proficiency in Microsoft Word, Excel, and PowerPoint is preferred.

Seniority

• Mid-Senior level

Employment type

• Full-time

Job function

• Other

Industries

• IT Services and IT Consulting