Job Description

Role Purpose

The VP of Core Banking Transformation will lead the strategic migration of our legacy core banking platforms (e.g., FIS, Fiserv) to a modern, cloud-based ledger system. This leader is responsible for the end-to-end migration lifecycle, including strategy definition, data mapping, and the establishment of a rigorous governance framework. You will ensure that the transition maintains 100% data integrity, meets strict regulatory standards, and minimizes operational risk through a phased, "near-live" migration approach.

Key Responsibilities

1. Migration Strategy & Execution

• Strategy Definition: Define the overarching migration approach (e.g., Phased Co-existence, "Big Bang," or Product-by-Product) to minimize downtime and risk.
• Mock Structure & Phases: Design and lead multiple "Mock Migrations" to validate technical processes, timing, and rollback procedures before the final cutover.
• Success Criteria: Establish clear, measurable KPIs for each phase (e.g., data reconciliation accuracy, latency benchmarks, downstream system stability).

2. Data Engineering & Lineage

• Data Mapping & Transformation: Oversee the creation of complex data maps from legacy schemas (monolithic/COBOL-based) to modern, event-driven cloud data models.
• Lineage & Traceability: Implement a robust data lineage framework to ensure end-to-end traceability from the legacy source to the cloud ledger, satisfying audit and regulatory requirements.
• Reconciliation Framework: Develop automated, real-time reconciliation engines to validate balances and transaction history across parallel systems during the co-existence phase.

3. Integration & Downstream Orchestration

• Downstream Integration: Map and manage the integration requirements for all downstream systems (e.g., Risk, Finance, Regulatory Reporting, MarTech) to ensure zero disruption during migration.
• Abstraction Layer Development: Oversee the engineering of a "Core Abstraction API" to route requests between legacy and modern systems during the transition period.
• Vendor Management: Act as the primary technical lead for engagements with legacy providers (FIS/Fiserv) and modern cloud ledger partners.

4. Governance & Risk Management

• Governance Framework: Establish a migration governance board to oversee architectural decisions, risk mitigation strategies, and go/no-go milestones.
• Regulatory Compliance: Ensure the new cloud ledger and migration processes adhere to global banking regulations, including data residency and security standards.
• Operational Resilience: Define and test Business Continuity Plans (BCP) and Disaster Recovery (DR) protocols specifically for the migration window.

Required Qualifications & Skills

Technical Expertise

• Legacy Mastery: 8+ years of experience in core banking, with specific expertise in migrating from FIS (Modern Banking Platform/Horizon) or Fiserv (DNA/Signature/Premier)
• Cloud-Native Architecture: Deep understanding of cloud-native ledger systems (e.g., Thought Machine, Mambu, or internal proprietary cloud ledgers) and distributed database technologies.
• Data Governance: Proven experience implementing data lineage tools (e.g., Collibra, Atlan) and traceability frameworks in a regulated environment.
• Migration Tooling: Proficiency with Change Data Capture (CDC) tools, ETL pipelines, and automated testing frameworks for large-scale data moves.

Strategic Leadership

• Complex Program Delivery: Proven track record of leading multi-year, $50 million+ transformation programs in the financial services sector.
• Stakeholder Influence: Ability to communicate technical risks and migration progress to the Board, Regulators, and C-suite executives.
• Analytical Rigor: Exceptional ability to define "Success Criteria" that balance technical perfection with business velocity.

Education

• Bachelor’s or Master’s degree in Computer Science, Engineering, or a related field.

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