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Associate Principal – BFSI Management Consulting

Associate Principal – BFSI Management Consulting

FirstsourceGhaziabad, IN
10 days ago
Job description

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE : FSL, BSE : 532809, Reuters : FISO.BO, Bloomberg : FSOL : IN), is a specialized global business process services partner, providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centred teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes.

With a legacy of partnering with Fortune 500 companies and high-growth enterprises across industries, Firstsource combines deep domain expertise, innovative methodologies, and state-of-the-art tools to deliver measurable business impact.

Associate Principal – BFSI Management Consulting

About the Team

You will join Firstsource’s Management Consulting practice, a collaborative, high-performance team that blends strategic thinking with hands-on execution. Our consultants work across sectors to co-create solutions with clients, leveraging cross-functional expertise and a culture of continuous learning.

Role Summary

As an Associate Principal, you’ll lead end-to-end BFSI engagements—covering digital banking, credit-risk transformations, insurance claims optimization, and regulatory program management—driving strategy, delivery, and client growth.

Key Responsibilities

  • Project Leadership : Manage full project lifecycle—scoping, design, execution, and deployment—across BFSI domains (retail banking, corporate finance, insurance operations).
  • Strategic Solution Design : Develop digital and operational frameworks—core-banking migrations, IFRS 9 models, policy-administration systems—and build GTM roadmaps.
  • Client Relationship Mining : Identify cross-sell and upsell opportunities—new digital channels, risk-monitoring tools—and support proposal development.
  • Regulatory Program Management : Oversee Basel III / IV, IFRS 17 readiness programs; coordinate with compliance and audit teams.
  • Financial & P&L Ownership : Track engagement profitability; manage budgets and resource utilization.
  • Practice & People Development : Mentor mid-level consultants; contribute to BFSI methodologies, case-study development, and sector thought leadership.

Qualifications & Skills

  • MBA or advanced degree with strong BFSI focus.
  • 8+ years of consulting or industry experience in banking / insurance projects.
  • Proven success in BFSI transformations and regulatory programs.
  • Strong financial acumen and proposal-writing expertise.
  • Excellent communication, client-management, and leadership skills.
  • Disclaimer : Firstsource follows a fair, transparent, and merit-based hiring process. We never ask for money at any stage. Beware of fraudulent offers and always verify through our official channels or @firstsource.com email addresses.

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    Associate Consulting • Ghaziabad, IN

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