DOMAIN CONSULTANT - Core Banking Operations

JOB DESCRIPTION

Domain SME T24 / Temenos Transact

(Islamic Banking & Core Banking Domain)

Job TitleBA / Banking Domain SME ? T24 / Temenos Transact (Islamic Banking)Experience Required10+ YearsEmployment TypeFull-Time / ContractLocationChennai / HybridReporting ToDelivery HeadDomainCore Banking | Islamic Banking

Role Overview

We are looking for an experienced Business Analyst / Domain Subject Matter Expert with deep expertise in Temenos T24 / Transact core banking platform, with a strong focus on Islamic Banking products and conventional banking modules. The candidate will serve as the primary bridge between business stakeholders and technical delivery teams, driving requirement analysis, functional specification, and domain consultation across the implementation lifecycle.

Key Responsibilities

Domain & Functional Expertise

• Act as the go-to Subject Matter Expert for T24/Temenos Transact across Islamic Banking and Core Banking modules
• Guide development and QA teams on product behavior, business rules, and system configurations
• Translate complex business requirements into actionable functional specifications and acceptance criteria
• Review of Business Requirement Documents (BRDs), Functional Specifications, and Test Scenarios

Islamic Banking Domain Coverage

• Deep hands-on knowledge of Murabaha, Ijara, Musharaka, Mudaraba, Wakala, Istisna, and Sukuk products
• Validate Shariah compliance rules embedded in T24 Islamic banking modules (IB.MURABAHA, IB.IJARA, etc.)
• Understand Profit Calculation methods (Flat Rate, Reducing Balance, Actual/365) specific to Islamic finance
• Liaise with Shariah advisory teams on product structuring and compliance validation

T24 Module Coverage

• Core Banking modules: AA (Arrangement Architecture), LD (Lending), FT (Funds Transfer), ACCOUNT, CUSTOMER
• Payments: Domestic and SWIFT Payments integration with T24 (MT103, MT202, PACS.008, PACS.009)
• Treasury: FX, Money Market, and Securities modules as applicable
• Reporting and Regulatory modules: Zakat computation, regulatory reporting for Islamic Finance jurisdictions
• Define and review T24 functional test cases, integration scenarios, and UAT scripts for T24-based implementations
• Support testing team as domain consultant and functional reviewer on T24 Module cases
• Support for defects understanding gaps and provide domain-based root cause analysis and workaround guidance
• Validate end-to-end business flows across T24 modules including account lifecycle, loan origination, and profit processing
• Act as domain liaison between the testing team and business stakeholders during SIT and UAT phases, facilitating query resolution and functional sign-off

Stakeholder & Delivery Support

• Conduct knowledge transfer sessions and domain workshops for project teams
• Collaborate with Temenos implementation partners, bank SMEs, and third-party vendors
• Participate in requirement elicitation, design reviews, and sprint planning (Agile/Waterfall environments)
• Prepare functional documentation, training materials, and domain runbooks

Required Skills & Qualifications

Mandatory

• 10+ years of experience in Banking domain, with at least 5 years on Temenos T24 / Transact platform
• Proven expertise in Islamic Banking products and Shariah-compliant finance structures within T24
• Hands-on functional knowledge of T24 modules: AA, LD, FT, ACCOUNT, CUSTOMER, IB.* modules
• Experience working on T24 implementation, upgrade, or migration projects for banking clients
• Strong understanding of banking business processes: account opening, loan lifecycle, payments, GL postings
• Ability to write clear BRDs, functional specs, test scenarios, and acceptance criteria

Good to Have

• Exposure to Temenos Infinity (digital banking front-end) or Temenos Payments Hub
• Knowledge of SWIFT MT/MX (ISO 20022) messaging and payments integration with T24
• Experience with Gulf/Middle East banking clients (GCC, MENA region)
• Familiarity with regulatory frameworks: SAMA, CBUAE, QCB, CBB Bahrain standards for Islamic banks
• Knowledge of Finacle or other core banking platforms as additional background
• ISTQB / CAIIB / CDCS / relevant banking domain certifications

Technical Proficiency Summary

AreaSkills / ToolsCore Banking PlatformTemenos T24 / Transact, Temenos InfinityIslamic Banking ModulesIB.MURABAHA, IB.IJARA, IB.MUSHARAKA, IB.MUDARABA, IB.WAKALA, SukukT24 Functional ModulesAA, LD, FT, ACCOUNT, CUSTOMER, SC, FX, MM, EB.CONTRACTPayments & MessagingSWIFT MT103/202, ISO 20022 PACS.008/PACS.009, RTGS, ACHTesting ToolsHP ALM/QC, JIRA, SQL (Oracle/MS SQL), Zephyr,MethodologiesAgile/Scrum, Waterfall, V-Model, BDDDocumentationBRD, FRD, FSD, Test Cases defining, Traceability MatrixRegulatory KnowledgeSAMA, CBUAE, QCB, CBB Bahrain, AAOIFI standards