Core Banking Project Manager

Core Banking Project Manager

Deep Light AI is a specialist AI and data consultancy with extensive experience implementing intelligent enterprise systems across multiple industries, with particular depth in financial services and banking. Our team combines deep expertise in data science, statistical modeling, AI/ML technologies, workflow automation, and systems integration with a practical understanding of complex business operations.

The Core Banking Project Manager is responsible for overseeing core banking projects from inception to deployment. The role is responsible for the full lifecycle of the project, using hybrid methodologies, and must ensure delivery is aligned with strategic business goals of the organisation. The role works closely with cross‑functional teams to deliver high‑impact transformation projects. The role combines strong technical understanding with exceptional project management skills and business acumen and requires deep domain and technical awareness to successfully navigate the system's complexity.

The Core banking PM role is centered on managing the implementation, transformation, or upgrade of the bank's central IT systems, which are critical to all operations.

• Develop comprehensive project plans, defining scope, objectives, deliverables, and milestones. Set deadlines, manage the budget, and ensure effective resource allocation.
• Proactively identify potential risks and issues (RAID – Risks, Assumptions, Issues, Dependencies) specific to the banking domain (e.g., data loss, security breaches, compliance failure) and prepare detailed mitigation strategies.
• Manage communication and expectations across a diverse, complex stakeholder group, including Executive Sponsors and Bank Management, Business Analysts and End Users, IT Teams, Architects and Technical Leads, and External Vendors.
• Monitor and report project status, risks, and performance metrics to management. Ensure comprehensive documentation is maintained for auditability and governance.
• Regulatory Compliance: ensure the project design and implementation (including data integrity, security, and process flows) adhere strictly to local and international financial regulations (e.g., AML, KYC, FATCA, Basel III).
• Coordinate the complex process of data migration, ensuring data integrity and zero information loss during the transition. Establish clear migration pathways and contingency plans to prevent service disruptions.
• Manage interfaces and system integration with surrounding applications (e.g., wealth management, loan systems, digital channels).
• Manage the relationship and contracts with the Core Banking System vendor, tracking their tasks, deliverables, and commitment to the project's success.
• Possess an understanding of the banking IT world, system design, databases (SQL), and API management (REST, SOAP) to effectively liaise with technical leads and investigate system logs or queries when necessary.

• Proficient in project management methodologies like Agile, Scrum, PMP, or PRINCE II.
• Significant demonstrable experience working within financial services.
• Experience managing large teams through change.
• Experience preventing data mapping errors and maintaining data quality across historical and customer data.
• Experience managing and controlling changes to the project's scope, as mid‑project changes can severely impact budget and timelines.
• Strong leadership to guide cross‑functional teams (IT, Legal, Operations, Business) and clear, frequent communication to senior stakeholders.
• A solid knowledge of banking products, processes, and the strategic rationale for the core banking change.
• The ability to identify bottlenecks, troubleshoot issues in a high‑stakes environment, and make quick, informed decisions to maintain business continuity.
• Knowledge and understanding of how core banking transactions are performed.
• Understanding and experience of working within the SDLC framework.

• Competitive salary and performance bonuses
• Comprehensive health insurance
• Professional development and certification support
• Opportunity to work on cutting‑edge AI projects
• Flexible working arrangements
• Career advancement opportunities in a rapidly growing AI company

Mid‑Senior level

Full‑time

Other

IT Services and IT Consulting

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