Job Description

This role will lead the strategic planning, development, and management of all aspects of Temenos Core banking Liability (Deposit/CASA) products framework * Responsible for End-to-end setup of deposit products in Temenos Transact (T24) using AA (Arrangement Architecture). Configure CASA (Current & Savings Accounts), Term Deposits (Fixed Deposits, CDs), and Recurring Deposits. Define product conditions (interest calculation methods, tiered rates, penalty clauses, auto-renewals). Implement sweep-in/sweep-out facilities and overdraft linkages

• Responsible for Account Opening to Closure: Configure workflows for account activation, maturity processing, and early withdrawals. Interest Accruals & Payouts: Set up daily/monthly/quarterly interest posting (simple vs. compound).Taxation & Charges: Handle TDS (Tax Deducted at Source), GST/VAT, and fee structures. Regulatory Compliance: Ensure adherence to DICGC, Basel III LCR/NSFR, and local banking regulations
• Expert in Temenos Transact/T24 Deposits Modules: Deep knowledge of MM (Money Market), LD (Liability Deposits), AA (Arrangement Architecture). Customizations: Develop Temenos BASIC routines for business-specific deposit logic. Integrations: Work with Payment Systems (RTGS/NEFT), Tax Engines, Regulatory Reporting Tools. Troubleshooting: Debug EOD batch failures, interest calculation errors, and GL mismatches.
• Conducting a business requirement study and suggesting best practice methodologies to satisfy end user requirements and implement an efficient solution.
• Co-ordinate with Vendors, IT and Business for implementation of initiative, process and systems. Carry out post implementation review of the system, suggest modifications based on user feedback.
• All the above accountabilities include but not limited to any additional/new tasks or responsibilities assigned by the line Manager

Competencies/Skills
Education

• Minimum Bachelor's Degree in IT / Business

Work Experience

• Minimum 6 years Strong knowledge/experience on Temenos Transact Liability Products like Liabilities & Deposits (CASA, Term Deposits, Savings)

Skills Required