Role Summary

We are seeking a highly experienced Financial Services Architect / Strategy Leader to drive strategic initiatives across banking and financial services domains. The role will be responsible for shaping business and technology strategy, defining enterprise and domain architecture, and leading the design of future-state operating models and solution landscapes aligned with regulatory, operational, and customer objectives.

This role requires a strong combination of financial services domain expertise, strategic thinking, and hands-on architecture leadership to support complex programs spanning payments, core banking, channels, data, regulatory reporting, customer communication, and digital modernization.

Key Responsibilities

Strategy/Architecture

- Define enterprise architecture vision aligned to business and growth strategy.

- Identify capability gaps and opportunities for digitization, automation, and modernization.

- Design future-state business capability models and target architecture.

- Lead modernization of banking, capital markets and insurance platforms.

- Design overall architecture for modernization initiatives (core banking, wealth payments, lending, digitization underwriting, claims etc.).

- Define system interaction models across channels, middleware, core systems, and external ecosystems.

- Provide recommendation for build versus buy and aid the client in product evaluation if the recommendation is purchase a solution

- Establish architecture governance, principles, standards, and minimal viable guardrails.

- Embed regulatory compliance within architecture with modernization strategy

- Ensure data governance, risk management, and cybersecurity alignment.

Solution Execution

- Translate target architecture into multi-year, phased roadmap

- Partner with Risk, Compliance, and Security teams to ensure secure-by-design architectures.

- Define migration waves and sequencing to minimize business and operational risk.

- Identify quick wins, foundational enablers,



and long-term modernization initiatives.

- Establish clear transition architectures between current and target states.

- Align roadmap with planning funding cycles, regulatory milestones, business priorities customer impact

- Align business, product, and technology teams to enterprise vision.

- Drive integration between finance, business, and IT delivery teams.

- Maintain architectural coherence across programs and product portfolios.

- Partner with CIO/CTO leadership to evolve technology operating models.

- Manage and track initiative adoption across front, middle, and back-office functions to ensure sustained benefits realization

Value Realization

- Lead change at pace within a regulatory framework through data-driven decision-making, disciplined risk management, and operational resilience

- Ensure alignment between architecture decisions and value targets.

- Define KPIs, baselines, and benchmarking mechanisms to track benefits realization.

- Prioritize investments using financial impact and cost-benefit analysis.

- Provide executive-level reporting on value delivery, risk, and strategic alignment across multiple workstreams and vendors

Read more about us.

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Your experience counts!

Master s or bachelor s degree in business, computer science, computer engineering, electrical engineering, system analysis or a related field of study, or equivalent experience.

Technical Functional Expertise

Architecture Technology Depth

- Experience in any one of the Banking, Cap Markets and insurance platforms/suites (e.g., Temenos, Avaloq, Mambu, Finastra Suite, Guidewire Suite, Duck Creek, etc.).

- Core Banking - Transact,



Flexcube, Finacle, BaNCS, etc.

- Payments - GPP, TPH, etc.

- Insurance - Policy Center, Claim Center, Contact Manager, Agency Portal etc.

- Capital Markets - Calypso, Avaloq, Murex, FIS Trading Suite etc.

- Ability to align technology architecture with business outcomes and regulatory obligations.

- Experience in defining current, target, and transition architectures.

- Proven ability to incorporate sequencing, and prioritization approach when defining roadmaps

- Know-how of

- Cloud architectures, APIs, microservices, data platforms, and integration patterns.

- Enterprise integration patterns, data architecture, and predictive analytics.

- Security and resilience requirements

- AI, GenAI and Agentic AI uses cases

Industry Experience

- 15+ years of experience in banking (retail, corporate, wealth, investment)/insurance (Life/PC)/capital markets industry in the strategy and consulting space.

- Proven track record of delivering modernization (digital, core banking, operating model, or regulatory) initiatives

- Exposure to global or multi-county modernization programs preferred

- Deep understanding of banking/insurance/capital markets products, processes, and regulatory landscape and industry standards

- Experience in any of the frameworks/industry standards (e.g., TOGAF, BIAN, Zachman, ISO 20022, SWIFT, Open Banking, etc.).

Leadership Competencies

- Executive presence with ability to influence C-suite stakeholders.

- Robust consulting acumen, stakeholder management, and business development capability.

- Ability to balance long-term architectural vision with short-term execution realities.

- Vendor and technology neutral mindset focused on business outcomes.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 ITSA- Insurance - Senior Manager/Manager (Mumbai)
🏢 Sigma Allied Services
📍 Mumbai