About the role
Core Banking Transformation - Vice President - Richardson location_on Richardson, TX, United States Asset & Wealth Management - Engineering -
Core Banking Transformation - Vice President - Richardson Apply Asset & Wealth Management - Engineering -
Core Banking Transformation - Vice President - Richardson location_on Richardson, TX, United States Apply Role Purpose The VP of
Core Banking Transformation will lead the strategic migration of our legacy core banking platforms (e.g., FIS , Fiserv ) 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 from FIS (Modern Banking Platform/Horizon) or Fiserv (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 Bachelor’s or Master’s degree in Computer Science, Engineering, or a related field.
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