RAKBank
Ras Al Khaimah, UAEPosted 6 days ago
The Associate Vice President & Solution Architect will play a crucial role in driving the bank's strategic initiatives and architectural vision. They will be responsible for leading and designing innovative solutions, ensuring alignment with the bank's goals and regional banking practices. This role requires a strong technical background, excellent leadership skills, and a deep understanding of the banking industry. What You'll Be Doing: Own end-to-end solution architecture for the Core Banking platform (Finacle), translating business, product and regulatory requirements into robust, scalable technical designs. Define and govern the target architecture for core product modules including Customer Information File (CIF), Loans and Liabilities, General Ledger (GL), Value Added Modules (VAM), and Liquidity Solutions, ensuring alignment with enterprise architecture principles. Architect and optimize core banking frameworks such as EOD (End-of-Day) processing, batch cycles, and cross-application handoffs to ensure timely, reliable close-of-business operations. Design integration patterns and interfaces between the core banking platform and surrounding applications (digital channels, payments, CRM, risk, compliance, data warehouse) using APIs, messaging and file-based interfaces. Lead solution design for core customizations, extensions and upgrades, balancing standard product capability against bespoke development. Provide architectural guidance across conventional and Islamic banking product lines, covering Large Corporate/FI, SME and Retail lines of business. Assess UAE and regional regulatory requirements and translate them into core banking design changes, ensuring compliance by design. Partner with business, delivery and vendor teams to define implementation roadmaps for core banking programs, upgrades and migrations. Conduct architecture reviews, impact assessments and technical risk assessments for changes to the core banking ecosystem. Mentor solution and technical teams, acting as the go-to authority on core banking architecture within the organization. What We're Looking For: 10+ years of experience within Banking and Financial Services Technology, with a strong focus on Core Banking. Deep product and domain knowledge across core modules including CIF, Loans and Liabilities, GL, VAM, and Liquidity Solutions. Strong understanding of core banking frameworks, including EOD processing, batch scheduling, and cross-application handoffs. Proven experience integrating core banking systems with surrounding applications (channels, payments, CRM, risk, compliance) via APIs and middleware. UAE banking experience with exposure to best-of-breed practices across conventional and Islamic banking, spanning Large Corporate/FI, SME and Retail lines of business. Hands-on development and customization experience within core banking platforms (Finacle customization/scripting preferred). Sound knowledge of UAE and regional regulatory requirements affecting core banking operations. Proven implementation experience with tiered banks in the UAE region, across upgrades, migrations or greenfield core banking implementations. Bachelor's degree in Computer Science, Information Technology, Engineering, or a related discipline. Mandatory experience within Core Banking technology, specifically on the Finacle platform. Skills: Core Banking Solution Architecture (Finacle) Product Domain Knowledge: CIF, Loans & Liabilities, GL, VAM, Liquidity Solutions EOD Processing & Batch Design Core-to-Ecosystem Integration & API Management Conventional & Islamic Banking Practices Corporate/FI, SME & Retail Banking Domain Core Customization & Development Regulatory & Compliance Knowledge Implementation & Upgrade Delivery Enterprise & Solution Architecture Governance Vendor & Stakeholder Management
A bachelor's degree in an engineering discipline, preferably with a focus on computer science or a related field. A minimum of 10 years of experience in core banking modules, including asset management, liabilities, GL, wealth management, and virtual accounts. Extensive knowledge and hands-on experience with Finacle, a core banking solution. Strong understanding of banking products and practices, with expertise in both conventional and Islamic banking domains. Familiarity with regional banking practices and regulations in the UAE is essential. Excellent leadership and communication skills, with the ability to collaborate effectively with cross-functional teams. Proven track record in designing and implementing core banking solutions. Experience in leading and managing solution architecture projects. Ability to work independently and make sound architectural decisions. Willingness to stay updated with industry trends and best practices.
Own end-to-end solution architecture for the Core Banking platform (Finacle), translating business, product and regulatory requirements into robust, scalable technical designs. Define and govern the target architecture for core product modules including Customer Information File (CIF), Loans and Liabilities, General Ledger (GL), Value Added Modules (VAM), and Liquidity Solutions, ensuring alignment with enterprise architecture principles. Architect and optimize core banking frameworks such as EOD (End-of-Day) processing, batch cycles, and cross-application handoffs to ensure timely, reliable close-of-business operations. Design integration patterns and interfaces between the core banking platform and surrounding applications (digital channels, payments, CRM, risk, compliance, data warehouse) using APIs, messaging and file-based interfaces. Lead solution design for core customizations, extensions and upgrades, balancing standard product capability against bespoke development. Provide architectural guidance across conventional and Islamic banking product lines, covering Large Corporate/FI, SME and Retail lines of business. Assess UAE and regional regulatory requirements and translate them into core banking design changes, ensuring compliance by design. Partner with business, delivery and vendor teams to define implementation roadmaps for core banking programs, upgrades and migrations. Conduct architecture reviews, impact assessments and technical risk assessments for changes to the core banking ecosystem. Mentor solution and technical teams, acting as the go-to authority on core banking architecture within the organization.
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Get my free matchesAED 10k–15k a month· est.