Cognizant Consulting is a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 3,400 consultants worldwide, CC offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance performance. Clients draw upon our deep industry expertise and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The CC team is a high performing organization that is constantly expanding our client base and increasingly recommended by analysts such as Forrester and Gartner.

 BFS Consulting is looking for Technology Strategy professionals to bring a unique mixture of business and technology expertise to develop strategic plans that define how technology can create value for an organization. You will be working at the intersection of business and technology these strategists will define holistic strategies that combine business objectives with technology opportunities while working with clients. As a Technology Strategy professional, you must maintain deep knowledge of evolving trends and the latest advancements in technology, strategy, and management to develop innovation solutions and approaches. You will work to define strategies that may include governance, organization structure and staffing, enterprise architecture models, business capability models, process definitions, and enterprise operating models. At their core, Technology Strategy professionals identify the most important client issues or opportunities, and maximize value by conducting rigorous analysis and developing strategic plans to address issues and/or seize opportunities.

Key offerings include, Operating Model, Digital Strategy, IT Value Strategy, Technology Innovation and Ecosystems, Operating Model, Cloud Strategy, Enterprise Architecture Strategy & AI Strategy 

Role and Responsibilities

A professional at this position level within Cognizant has the following responsibilities:

Lead consulting teams that work in the intersection of banking and technology n the capacity of an engagement manager (with principal/ partner oversight). In this capacity, the candidate identifies, assesses and solves business problems for the Client and/or Cognizant.

Can work in situations that require some rigor and depth analysis of qualitative and quantitative data, some of which maybe incomplete and can proficiently deliver high quality work-products that may include techno-functional presentations, solution approaches and the like.

Lead the development of solution approach, plan, roadmap, conceptual architecture, Target Operating Models and Standard Operating Procedures for implementing technology in banks.

Interacts with senior management at a client and/or within Client on matters where they may need to gain acceptance on an alternate approach.

Has some latitude in decision-making esp. when leading a small team. Acts independently to determine methods and procedures on relatively simpler assignments, or as a part of a team in larger, more complex assignments.

Develop and lead client collaboration on projects, run delivery dates, resourcing and schedules. Facilitate project execution by providing support in project-level issues.

Can provide project leadership, direction on support on one or more projects while ensuring quality on all outcomes.

Helps build, lead, and develop team of onshore/offshore consultants

Identify and supports up-sell opportunities and activities.

Contribute to business development through activities such as pre-sales client presentations, research, and writing proposal, RFP responses and SOWs.

Have the ability to position industry insights as they pertain to client needs & requirements

Deeply understand their client’s business challenges, and provide thought leadership in addressing these issues

Work proactively to bring the best of Cognizant expertise to their client(s)

 Basic Requirement:

Bachelor’s degree although Master’s level degree in Business/Management highly preferred

At least 5 years of technology strategy consulting experience with proficiency in one or more areas of use of Technology in Banks and Financial Institutions-- including but not limited to, Core Modernization, Digital Channels, Cloud Adoption, Information Security and Regulatory and Compliance Audit Technology and operating processes.

At least 5 years experience in at least two of the offerings (Digital Strategy, IT Value Strategy, Technology Innovation and Ecosystems, IT Operating Model, Cloud Strategy, Enterprise Architecture Strategy, AI Strategy)

At least 5 years of experience writing business cases (quantitative and qualitative) to support strategic business needs, process improvement or IT transformation

5 years of experience leading large teams effectively including planning/structuring analytical work, facilitating team workshops, and developing technology strategy recommendations

Product Implementation understanding of leading Banking solutions is a plus. .

Practical experience in gathering client needs, mapping processes, creating use cases, conducting hypotheses based analysis, creating business cases, evaluating and presenting solutions

Experience in project management activities: project plans and estimates, scoping and requirements through implementation, including ensuring delivery of quality outcomes within timelines and budgets

 Professional Skill Requirements

Experience in Technology Consulting for banks in at least a few of these areas:

IT Strategy and CIO Advisory areas like Application Value Management, Application Portfolio Optimization, Application Lifecycle Management, and Core Modernizations

Excellent skills in consulting work-products including demonstrated proficiency in PowerPoint, Excel, Visio,  Knowledge of Data Visualization tools (Tableau, Microsoft Power BI etc.), and SQL as an intermediate skilled user is a definite plus. 

Excellent leadership and team management skills