Analyst - T24 Payments

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

About the Role

Position Title : Business Analyst – T24 SME

Corporate Title : Analyst

Reporting to : VP/Director

Location : Bengaluru

Job Profile

Purpose of Role

The purpose of the role of Business Analyst – T24 SME - GOS Operations and IT solutions - is to drive and oversee the strategic changes of T24 CBS within MUFG. This role involves leading teams in the implementation of multiple key systems including core banking systems i.e. T24 and associated projects including regulatory demands, issue resolution, enhancing operational efficiency, reducing costs, and improving customer experiences. This role with collaborate closely with IT, Technology, and Operations teams to align transformation initiatives with business goals, while ensuring compliance and managing risks throughout the transformation journey.

Main Responsibilities

Develop and drive the strategic roadmap as SME of T24 for Global Operations & Services (GOS) Operations and IT Solutions Team, aligning it with the overall business objectives and technological advancements.

Lead the BA teams managing multiple projects including T24 to achieve smooth migrations of system transitions, changes by liaising closely with all the relevant key stakeholders.

Carry strong exposure and experience in Payment stream of T24.

Play key role in supporting the team to setup the Centre of Excellence for T24 /Transformation in MGS.

Lead initiatives to optimize and transform GOS, ensuring scalability, efficiency, and alignment with regulatory requirements.

Collaborate closely with IT and Technology teams to integrate new technologies, such as automation, artificial intelligence, and blockchain, into operational processes.

Ensure that technology initiatives are aligned with operational needs and that systems are implemented effectively and securely.

Oversee the adoption of digital tools and platforms to enhance operational efficiency and customer service.

Lead the planning and execution of operations transformation projects, focusing on improving end to end processes, reducing costs, and increasing operational efficiency.

Work with cross functional teams to design and execute process reengineering projects, ensuring they meet both current and future business needs.

Act as the primary liaison between operations, IT, and technology teams, ensuring clear communication and alignment on transformation objectives.

Manage relationships with key stakeholders, including senior management, to ensure support for transformation initiatives.

Ensure that all transformation initiatives comply with regulatory requirements and internal policies.

Identify and mitigate risks associated with operational changes and technology implementations.

Oversee the allocation of resources for transformation projects, ensuring that teams have the necessary skills and tools to succeed.

Manage budgets and ensure that transformation initiatives are delivered on time and within budget.

Establish key performance indicators (KPIs) to measure the success of transformation initiatives.

Geographies to be covered – APAC, EMEA and USA

Candidate Profile

Skills & Knowledge

(e.g., Capability, Traits required for the role)

Ability to develop and communicate a strategic vision for operational transformation, aligning it with the broader organizational goals.

Expertise in leading large-scale transformation initiatives, including managing resistance and fostering a culture of innovation

Good domain expertise Core banking for Asian/European or American markets in T24 /Finacle/Flexcube with hands on experience in migrating systems,.

Strong understanding of emerging technologies like AI, machine learning, RPA, and blockchain.

Ability to work closely with Operations, IT and technology teams

Experience in managing large budgets

Strong ability to articulate complex transformation strategies and progress to senior leadership

Understanding of the regulatory landscape in banking, including knowledge of local and global regulations effecting banking operations.

Strong analytical skills to diagnose operational challenges and develop innovative solutions.

Education & Professional Qualifications

Graduate or Postgraduate

Length & Type of Experience

Minimum of 3 years of relevant experience as a PMO/BA/Operations in banking industry