Job DescriptionSenior Consultant - BFS Consulting - Banking, Core Banking, Retail Banking
Cognizant Consulting (CC) is a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 3,400 consultants worldwide, CC offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including: Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The CBC team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner.
Role and Responsibilities
Consulting resources within our Banking and Financial Services (BFS) teams own and drive the delivery and execution of medium to large-size consulting projects for Fortune 500 banks and financial services firms. Typical Consulting projects involve Business Strategy, Tech Strategy, Technology and Platform Optimization, Banking Regulatory and Market Trends, Digital Banking, Business / Ops / IT Transformation.
In addition, Consulting resources often take up leadership and senior level roles such as Program/ Project Manager, Business & Solutions Architect, Business Analyst in large engagements that involve multiple service lines within Cognizant.
Typically, a Senior Consultant is expected to perform the following:
Consulting Engagement Execution:
Participates in solving of challenging client problems in a team or individual setup.
Identifies critical aspects of the engagement, contributes to data gathering and applies relevant tools, methodologies and techniques to support problem solving
Adapts as required to dynamically changed client environment
Formulates, articulates and prioritizes key conclusions
Develops comprehensive set of sound recommendations
Presents engagement outcome to client
Conducts research on the market and industry trends
Contributes to development of new CBC service offerings
Co-authors articles/whitepapers that demonstrate thought leadership
Assists in building Knowledge artifacts
Acts as mentor/ buddy for new joiners and help familiarize with Cognizant facilities, CBC environment, work culture etc.
Creates/Reviews training material/modules
Actively shares knowledge and provides guidance within the team and beyond o Assists in recruitment activities
Participates in internal process improvements
Support to Business Development:
Participates in pre-sales activities
Works as a team member in developing proposals and presentations o Contributes to RFPs/RFIs and recommends value proposition
Prepares and reviews client presentations
Dedicatedly finds opportunities for existing and potential clients
Key Focus Areas
Should have strong domain experience and credentials in two or more of the following BFS consulting areas —Retail Banking, Commercial Banking, Lending & Mortgage, Cards and Payments, Capital Markets & Wealth Management, Risk and Regulations, Cards and Payments, Fintech platforms esp Digital Technologies.
Should have broad, enterprise-wide view of the business and at least intermediate level proficiency in initiatives related to business & technology strategy, processes, capabilities, enabling technologies, and governance.
Should have the ability to apply his/her deep understanding of the domain and related industry frameworks to plan, define and solution client engagements, and be able to appreciate top down as well as bottom-up perspectives to solution engagements.
Experienced in Program/Project management tools and techniques, including use of agile and waterfall frameworks, project governance principles, project risk management principles and partner relationship management
Should be proficient in Business Architecture and Requirements Gathering.
Should be a Problem Solver, Self Starter and Outcome focused individual with professional work ethic, who works well in teams with varied strengths.
Should have superb communication, data analysis, presentation, data visualization, process/capability modeling, presentation, and project management skills.
BS/BA degree in Information Technology or equivalent. Masters level degree in Business/Finance/Management strongly preferred
Minimum 5 years’ experience in Banking & Financial Services industry in a consulting or industry practitioner role.
Demonstrable skills in core consulting tools (including Excel, Word, PowerPoint, Visio, Access etc.) and methodologies (data analytics, data visualization, process mapping etc.)
Industry expertise in Banking and Financial Services area – Capital Markets, Cards & Payments, Consumer / Retail, Business and other areas
Experience with Data Modeling and Analytical skills (incl. Excel modeling in areas like CBA)
Excellent ability to communicate technical concepts to all audiences – in addition to engaging clients (story boarding, executive level presentations etc.)
Practical experience in capturing client requirements, mapping processes, conducting hypotheses based analysis, creating business cases, evaluating and presenting solutions
Working knowledge of US Banking and Financial services industry including understanding overarching value chain, key players and roles, market trends etc.
Strong ability to lead teams of strong consultants and client resources in high-impact, high-pressure environment, and lead multiple task assignments in a cross-cultural team supporting different time zones
Ability to quickly develop strong client relationships and interact with senior level clients
Strong work ethic with a commitment to client service excellence
Ability to work creatively and analytically in a problem-solving environment
Employee Status : Full Time Employee
Shift : Day Job
Travel : No
Job Posting : Aug 06 2021
About Cognizant Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 194 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @USJobsCognizant.
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