Data Migration Lead

Overview

Job Purpose

Key Result Areas

• Act as the Technology team’s primary representative in the core banking upgrade system migration.
• Collaborate with cross-functional teams, including Business, Finance, operations, external consultants and vendors.
• Support design and validation of business/ops specific configurations within Oracle FLEXCUBE, Channels and surround systems. Ensuring technical & functional integration including local regulatory requirements.
• Coordinate with Oracle team for seamless data migration from existing core to proposed version of core.
• Design and develop data migration strategy.
• Ensure parameters and codes are in place for data migration.
• Ensure data mapping is complete from target application perspective.
• Ensure reverse mapping is complete to validate those data elements which are not getting migrated.
• Draw the data migration plan along with Oracle team for development, Migration acceptance testing runs. The development to include data migration, migration reports, reconciliation reports and automatic comparison reports. Plan to include dress rehearsals and cutover/go-live as well.
• Ensure data used in the migration environment is protected with appropriate access controls.
• Ensure data migration reports including reconciliation reports are fit for purpose.
• Ensure data migration acceptance testing are completed with the acceptance criteria.
• Collaborate with Business, Operations and Finance teams for their acceptance of data migration for each run.
• Ensure required data cleanse is carried out for the target version of the core product.
• Plan for data refresh to testing environments as per the program plan
• Ensure development scripts are refined from run time perspective
• Draw up the cutover run book along with Oracle.
• Own the cutover run book to ensure go-live timelines are efficiently planned.
• Ensure Day-0 data feeds are planned and delivered to respective applications as part of go-live.
• Support change management initiatives, ensuring smooth transition and adoption of the new system.
• Proactively identify and resolve project risks, issues, and delays related to programme deliverables.
• Represent Technology in the working group of the program and update program progress update to Tech senior management.
• Ensure Banks governance process is followed and documented.
• Maintain comprehensive documentation of the upgrade program, including project plans, timelines, budgets, and technical specifications related to assigned business/Ops units.
• Perform business analysis to minimize customizations and maximize global consistency and standardization of products across various geographies.
• Track project benefits realization and document lessons learned to feed into ongoing improvements.

Operating Environment, Framework And Boundaries, Working Relationships

• Work with Technology Dubai and Bangalore team in planning and tracking the program initiatives.
• Work with team members participating in back up and training activities.
• Effective Co-ordination with business and third-party stakeholders to manage their expectation
• Internal functions and work practices as per policy, compliance and procedures of the organization.
• Provide general administrative support to the team, including, meetings, knowledge transfer and Timesheet reporting, preparation pf weekly status report.
• Facilitate meetings, workshops, and status updates with internal stakeholders and external partners.

Problem Solving

• Break down complex issues to identify key information and options.
• Audit, security, and regulatory compliance knowledge.
• Information security operations and incident management.
• People management, interpersonal issues, and staff motivation.

Decision Making Authority & Responsibility

• Responsible for addressing complex challenges related to processes, system configurations, migration and integration requirements.
• This includes resolving discrepancies during data migration, ensuring accurate mapping of data, and troubleshooting data migration issues to ensure seamless data migration.
• The role requires innovative thinking to optimize system functionalities. Additionally, the incumbent must anticipate potential risks, devise mitigation strategies, and provide timely solutions to minimize disruptions during the implementation process.

Experience

• Minimum of 15+ years of experience in Core banking transformation/ data migration with at least 5 years in system implementation.
• Demonstrated experience in implementing core banking systems, particularly Oracle Flexcube.
• Experience in requirements management, Gap analysis and solutioning.

Technical Skills

Behavioural Skills

• Exceptional leadership and team management skills.
• Excellent communication and stakeholder management abilities.
• Strong problem-solving skills and attention to detail.
• Ability to work under pressure and meet tight deadlines.
• Experience in managing core banking transformation projects
• Experience in implementing and supporting core banking systems
• Interested candidates should send their CV along with the following details:
• Expected salary
• Visa/Work Permit status
• Notice Period
• Current Location