Asset & Wealth Management Engineering Core Banking Transformation Vice President Richardson

Role Purpose

The VP of Core Banking Transformation will lead the strategic migration of our legacy core banking platforms (e.g.FISFiserv) 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 fromFIS (Modern Banking Platform/Horizon)orFiserv (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

• Bachelors or Masters degree in Computer Science Engineering or a related field.

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