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Transact Corporate - CMB Functional

Transact Corporate - CMB Functional

ConfidentialChennai, Bengaluru / Bangalore
7 days ago
Job description

The Functional Consultant is responsible for understanding business requirements, translating them into functional specifications, and facilitating the effective implementation of the Temenos T24 Transact banking solution. This role involves close collaboration with regional clients, stakeholders, and the development team to ensure the solution meets business needs and aligns with strategic objectives.

This position may involve short-term travel to client locations depending on business requirements.

Key Responsibilities

Requirement Gathering

  • Organize workshops and conduct interviews with business users to collect and document business requirements.
  • Evaluate and confirm requirements to ensure 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 based on gathered requirements.
  • Work closely with the technical team to design solutions that address business needs.
  • Ensure that proposed solutions are aligned with Temenos T24 Transact capabilities and industry best practices.
  • Prepare functional specification documents in User Stories or Use Case format.
  • Identify potential gaps in the requirements and communicate with relevant stakeholders for resolution.
  • Implementation

  • Provide Temenos T24 Transact functional expertise throughout the implementation phase.
  • Assist in configuration and customization of T24 to meet business requirements.
  • Perform functional testing and support user acceptance testing.
  • Review test cases created by the QA team and conduct 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 keep stakeholders informed on project progress and changes in requirements.
  • Documentation and Training

  • Prepare comprehensive documentation including requirement specifications, functional specifications, and user manuals following Temenos Implementation Methodology.
  • Lead training sessions for end-users and provide support after implementation.
  • Support

  • Diagnose and resolve issues during implementation and post-implementation periods.
  • Offer proactive solutions to mitigate risks and ensure project success.
  • Assess changes suggested by the business team and conduct necessary impact analyses.
  • Qualifications

  • Bachelor's degree or MBA in Business, Banking, or a related discipline.
  • Technical Experience

  • Experience in implementing Temenos T24 Transact core banking modules in global locations.
  • Strong knowledge of key Transact modules such as Trade Finance, Cash Management, Guarantees, Corporate Lending, and Customer & Static Tables.
  • Solid understanding of banking operations and regulatory requirements.
  • Temenos T24 Transact product certification on relevant modules preferred.
  • Experience with Agile methodologies and project management tools.
  • Familiarity with JIRA for risk analysis, change request logging, and conflict management.
  • Proficiency in Microsoft Word, Excel, and PowerPoint.
  • Skills Required

    Functional Testing, Agile, Jira, Banking Operations

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    Transact Corporate Cmb Functional • Chennai, Bengaluru / Bangalore

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