TERMS OF REFERENCE – ARCHITECT - CORE BANKING APPLICATIONS Demonstrate proficiency in designing and implementing technology solutions that support the bank’s core banking systems. The role typically demands a deep understanding of banking, banking operations, technical architecture, solutions development and the ability to translate business needs into scalable and reliable solutions.
Key Responsibilities:
Lead the architecture and design of scalable, secure, and reliable core banking systems.
Collaborate with cross-functional teams, including developers, QA, technology operations, security, and compliance, to deliver integrated solutions.
Work closely with business stakeholders to understand requirements and translate them into technical solutions.
Develop detailed architectural blueprints, technical specifications, and solution designs for core banking and payments platforms
Create integration strategies and patterns to ensure seamless interaction between core banking, payments systems, and external partners (payment processors).
Drive the adoption of modern software development practices, including microservices, containerization, and cloud-native architectures
Provide hands-on technical leadership to development teams, guiding the implementation of core banking and payments solutions.
Participate in coding, code reviews, and technical design sessions to ensure high-quality software delivery.
Oversee the development of APIs, microservices, and integration layers that connect core banking systems with other applications and external services.
Lead the end-to-end implementation of core banking and payments solutions, from initial design through to production deployment.
Collaborate with DevOps teams to establish and maintain CI/CD pipelines, enabling continuous integration, testing, and deployment of software.
Ensure that all core banking deployed solutions are optimized for performance, security, and scalability, and that they adhere to architectural principles.
Create and Review Technical Architecture Documents for system changes and new systems and solutions
Lead in elicitation and documentation of non-functional requirements.
Participate and guide on the non-functional tests planning and execution i.e. performance / load tests, security tests and high availability and fail over testing
Monitor and analyze system performance, identifying and addressing bottlenecks, latency issues, and other performance concerns.
Lead the deployment of core banking and payments solutions to production environments, ensuring minimal disruption to operations.
Work with infrastructure and operations teams to establish deployment automation, rollback procedures, and disaster recovery plans.
Ensure that all deployments are thoroughly documented and that deployment scripts are maintained and version-controlled.
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Skills & Experience
Bachelor’s degree in Computer Science, Software Engineering, Information Technology, or a related field.
At least 7 years of experience in software architecture and development, with at least 5 years in core banking and payments systems.
Hands on development experience in service decomposition, solution design and implementation based on microservices architecture.
Proven experience in designing, developing, and deploying large-scale, mission-critical banking and payments applications.
Strong knowledge of core banking platforms (e.g. Temenos) and payments systems (e.g. SWIFT, ACH, card processing).
Proficiency in modern software architecture patterns (e.g. microservices, event-driven architecture, messaging) and technologies (e.g. Kubernetes, Docker)
Software development hands-on experience
Excellent communication and collaboration skills, with the ability to work effectively with diverse teams.
Experience with digital transformation initiatives in banking.
Familiarity with API gateways, integration platforms, and middleware.
Understanding of cybersecurity practices and regulatory compliance in banking