Happiest Minds Technologies - Consultant - Core Banking Operations

Position : Domain Consultant - Core Banking Operations

Location : Bengaluru

Experience : 10+ Years

Employment Type : Full-Time / Contract

About the Role :

We are looking for an experienced Domain Consultant / Banking SME with strong expertise in Temenos T24 (Temenos Transact) and Core Banking Operations, including exposure to Islamic Banking products and processes. The ideal candidate will act as a bridge between business stakeholders and delivery teams, driving requirement analysis, functional consulting, testing support, and banking domain guidance across implementation and transformation programs.

Key Responsibilities :

1. Core Banking & Domain Consulting :

- Act as a Subject Matter Expert (SME) for Temenos T24 / Temenos Transact implementations.

- Analyze business requirements and translate them into functional specifications.

- Review BRDs, FRDs, test scenarios, and business processes.

- Support development, testing, and business teams with domain guidance.

- Validate business flows across account opening, lending, payments, and customer management.

2. Islamic Banking Expertise :

- Strong understanding of Islamic Banking products :

a. Murabaha

b. Ijara

c. Musharaka

d. Mudaraba

e. Wakala

f. Istisna

g. Sukuk

- Validate Shariah-compliant banking processes within T24 modules.

- Work closely with business stakeholders on product configuration and compliance requirements.

3. Temenos T24 Functional Expertise :

- Hands-on experience in :

a. AA (Arrangement Architecture)

b. LD (Lending)

c. FT (Funds Transfer)

d. ACCOUNT

e. CUSTOMER

f. Islamic Banking Modules (IB.-)

- Exposure to payments and integration :

a. SWIFT MT103 / MT202

b. ISO 20022

c. PACS.008 / PACS.009

d. RTGS / ACH

4. Testing & Delivery Support :

- Review functional test cases, SIT and UAT scenarios.

- Support defect analysis and root cause identification.

- Conduct domain workshops and knowledge transfer sessions.

- Collaborate with banking SMEs, implementation partners, and third-party vendors.

- Participate in Agile and Waterfall delivery projects.

Mandatory Skills :

- 10+ years of Banking Domain experience.

- Minimum 5 years of hands-on experience in Temenos T24 / Temenos Transact.

- Strong expertise in Core Banking Operations.

- Experience in T24 implementation, migration, upgrade, or transformation projects.

- Functional knowledge of :

a. AA

b. LD

c. FT

d. ACCOUNT

e. CUSTOMER

f. Islamic Banking Modules

- Strong understanding of :

a. Account opening

b. Lending lifecycle

c. Payments

d. GL postings

e. Banking operations

- Experience in preparing BRDs, FRDs, FSDs, and UAT documentation.

Preferred Skills :

- Temenos Infinity, Temenos Payments Hub, SWIFT MT/MX & ISO 20022, JIRA, Zephyr, BDD, SQL (Oracle/MS SQL), HP ALM/QC.

- Experience with GCC/MENA Banking Clients.

- Knowledge of SAMA, CBUAE, QCB, CBB Bahrain Regulations.

- Exposure to Finacle or other Core Banking Platforms.

- Certifications such as CAIIB, ISTQB, CDCS.

Technical Environment :

- Core Banking : Temenos T24 / Temenos Transact, Temenos Infinity.

- Islamic Banking : IB.MURABAHA, IB.IJARA, IB.MUSHARAKA, IB.MUDARABA, IB.WAKALA, Sukuk.

- Payments : SWIFT MT103, MT202, ISO 20022, PACS.008, PACS.009, RTGS, ACH.

- Tools : JIRA, Zephyr, HP ALM/QC, SQL.

- Methodologies : Agile, Scrum, Waterfall, V-Model, BDD.

Deal Breaker Skill :

- Core Banking Operations.