Principal, Business Consulting - Core Banking

Infosys Consulting; New York (NY); On-site; USD 154,375 - 193,125; Full time

Benefits offered by this job

Long-term/Short-term Disability

Health and Dependent Care Reimbursement Accounts

Insurance (Accident, Critical Illness, Hospital Indemnity, Legal)

401(k) plan

Job summary

A leading management consulting firm in New York is seeking a Principal to direct teams in executing strategic programs for Fortune 500 clients. You will utilize your expertise in Core Banking to lead industry transformation and define innovative offerings. Candidates should have over 7 years of experience in management consulting, with a solid track record in team leadership and business development. This position includes competitive compensation and diverse benefits, supporting a culture of innovation.

Qualifications

• 7+ years of relevant experience, including 5 years of management consulting.
• Strong background in leading teams with client stakeholders and technology specialists.
• History of successful business development and sales cycles.

Responsibilities

• Lead strategic programs in complex industry-specific challenges.
• Advise clients using insights from industry best practices.
• Manage teams to develop strategies and implementation paths.
• Collaborate with clients to define goals and strategies.
• Provide insights on banking best practices and service offerings.

Skills

Management Consulting Experience

Team Leadership

Business Development

Core Banking Knowledge

Education

Bachelor’s degree

MBA or equivalent advanced degree

Job description

We are a leader in advisory services for many of the world’s best-known names in Financial Services. We combine innovative and human centric approaches with the latest technological breakthroughs to help large organizations drive a complex change agenda. We do this through our highly talented, industry-focused consultants, who bring deep domain expertise to senior business leaders across all our engagements. Our customized programs address key challenges and opportunities most impacting the C-suite.

The success of our firm is delivered through our people. Leaders and consultants are drawn to our entrepreneurial culture which encourages individuals to disrupt and innovate, with no boundaries to creative thinking. We offer a different approach to consulting and an exciting growth story at the intersect of strategy and technology. We work together to create tomorrow’s leaders through our ongoing commitment to diversity, equity and inclusivity.

Role

As a Principal, you will lead teams that execute strategic programs tackling complex, industry-specific challenges, while further deepening knowledge in your area of specialization. You will work directly and closely with clients, affording opportunities to build relationships with business and technology leaders in Banking.

You will work with the top Fortune 500 Financial Institutions to envision new products, define domain blueprints and roadmaps, redefine experiences and processes, monetize data, modernize banking infrastructure, and drive innovation.

You will have the opportunity to develop and leverage your industry experiences and relationships to bring innovative ideas and insightful perspectives to life and become established as a thought leader in the industry. You will leverage your knowledge of the industry and market to help define the next generation of our consulting offerings and services.

Responsibilities

• Lead the design and delivery of client advisory, solution delivery and organizational transformation engagements in standalone projects or as part of wider client programs
• Advise clients on strategy and detailed use cases by leveraging insights from industry best practices
• Lead and manage a team of consultants to develop concise and practical strategies, roadmap and/or re-engineering program recommendations with a clear implementation path
• Oversee the formulation of hypothesis / client problem statement, identification, analysis, and interrogation of related data and synthesize the key outcomes and resulting recommendations
• Collaborate with clients to define long-term vision, goals and strategies, help identify and design downstream product, operational and technology initiatives
• Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics
• Provide insights on new and emerging best practices in Banking and contribute to the development of service offerings
• Coach and develop junior team members to deliver quality results and promote professional development
• Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts

Basic Qualifications

• Bachelor’s degree or foreign equivalent required
• 7+ years of relevant experience with at least 5 years of management consulting experience at a top-tier consulting firm
• Strong background of leading teams, comprising both client stakeholders, operations, business, and technology specialists
• Successful business development history including exposure to each of the various aspects of a typical sales cycle.

Preferred Qualifications

• MBA or equivalent advanced degree
• 5-7 years of experience working in Core Banking at banks or finance technology firms in one or more market segments – consumer and small business, middle market, and large enterprise
• Excellent business understanding of retail / commercial banking / credit card functions to help transform client operations
• Hands-on experience in Technology or Operations with one or more leading Core Banking platform and/or experience developing or managing related business products and services.
• Good depth of knowledge in multiple areas of Core Banking such as Core Modernization, IT rationalization/re-engineering, digital channels and experience, process optimization, business operations, and product management.
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time.

The estimated annual total compensation (Base + Bonus) range for candidates based in CA, IL, NJ, WA, and NY will be $154375 to $193,125

EEO/About Us

Along with competitive pay, as a full-time Infosys employee you are also eligible for the following benefits:

• Long-term/Short-term Disability
• Health and Dependent Care Reimbursement Accounts
• Insurance (Accident, Critical Illness , Hospital Indemnity, Legal)
• 401(k) plan and contributions dependent on salary level

About Us

Infosys Consulting is a global management consulting firm helping some of the world’s most recognizable brands transform and innovate. Our consultants are industry experts that lead complex change agendas driven by disruptive technology. With offices in 20 countries and backed by the power of the global Infosys brand, our teams help the C-suite navigate today’s digital landscape to win market share and create shareholder value for lasting competitive advantage. To see our ideas in action, or to join a new type of consulting firm, visit us at www.InfosysConsultingInsights.com