Location: Buffalo,NY, USA
Position: Java Enterprise Architect - Digital Transformation & Banking Location: Buffalo, NY (Onsite) Duration: Long term contract Overview: We are seeking a highly skilled and experienced Business Architect with expertise in Digital Transformation and Banking Migration to join our team. The ideal candidate will have a deep understanding of banking operations, financial services technology, and a proven track record of leading successful digital transformation initiatives. The Business Architect will play a pivotal role in aligning business processes with innovative digital solutions, optimizing technology systems, and driving change across the organization to ensure successful migration to new platforms and capabilities. Key Responsibilities: Strategic Business Architecture Development: • Lead the design and development of business architecture frameworks that support the digital transformation strategy for banking services and operations. • Collaborate with senior stakeholders (business, IT, and operations) to ensure business objectives are aligned with technological solutions, with a focus on driving value through digital initiatives. • Develop and maintain the business capability model, focusing on optimizing business processes and improving customer experiences in the digital ecosystem. Digital Transformation Leadership: • Partner with senior management to define the digital vision and roadmap for banking transformation, ensuring alignment with broader business goals and industry trends. • Define and communicate business and IT alignment strategies to ensure successful execution of digital migration plans (core banking system upgrades, cloud migrations, fintech integrations, etc.). • Provide expertise in agile transformation methodologies to support rapid and effective implementation of digital solutions. Business Process Optimization: • Identify opportunities to streamline and automate banking processes through technology, with an emphasis on enhancing operational efficiency, compliance, and scalability. • nalyze current-state processes and define future-state processes to ensure seamless integration with digital solutions and the migration to new platforms. Change Management and Stakeholder Engagement: • ct as a liaison between business leaders, IT, and external vendors, ensuring that transformation initiatives are effectively managed and executed. • Lead change management initiatives, including creating training programs and helping employees adapt to new systems and ways of working. • Oversee the impact of digital transformation on the business, ensuring that key stakeholders are informed, engaged, and aligned throughout the process. Technology and Data Strategy Alignment: • Provide guidance on the selection of digital platforms, tools, and technologies that best support the bank's long-term goals (e.g., cloud, API-based services, data-driven banking). • Collaborate with data architects to ensure proper integration of data architecture with business architecture to enable advanced analytics, AI, and personalized customer services. Risk and Compliance Management: • Ensure that all digital transformation activities adhere to regulatory requirements and compliance standards specific to the banking industry (e.g., GDPR, PSD2, AML). • Help identify and manage potential risks associated with the transformation, particularly around data security, system outages, and regulatory compliance. Continuous Improvement: • Continuously evaluate emerging trends in digital banking, technology innovations, and industry best practices to inform the ongoing evolution of the bank's digital strategy. • Encourage a culture of innovation and improvement by fostering cross-functional collaboration and knowledge sharing within the organization. Qualifications and Skills: • Education: Bachelor's degree in Business, Computer Science, Information Systems, or related field; Master's degree preferred. • Experience: o Minimum of 12-15 years in business architecture or business analysis roles, with at least 5 years in a banking or financial services environment. o Proven experience in leading digital transformation or migration initiatives in banking, such as core banking system upgrades, cloud adoption, data analytics implementation, or digital customer engagement solutions. o Strong understanding of banking operations, regulatory frameworks, and financial services industry trends. o Demonstrated expertise in business process modeling (BPM), requirements gathering, and digital solution delivery. • Skills: o Expertise in digital banking technologies, cloud-based platforms, APIs, and emerging financial technologies (e.g., blockchain, AI/ML). o Strong analytical, problem-solving, and conceptual thinking skills. o Excellent communication and stakeholder management skills, with the ability to explain complex technical concepts to non-technical stakeholders. o Familiarity with agile methodologies and tools (e.g., Scrum, Kanban, Jira). o In-depth knowledge of risk and compliance regulations (e.g., GDPR, PSD2, KYC, AML). • Certifications (optional but preferred): • TOGAF (The Open Group Architecture Framework) certification or other relevant enterprise architecture certification. • Certified Business Architect (CBA) or related business architecture certifications. Certifications in Agile or Scrum.