About Parkar

At Parkar, we are redefining cloud transformation with the power of Microsoft Azure and AWS platforms. Our commitment to aligning with industry-leading cloud technologies enables us to deliver tailored, best-in-class solutions that drive tangible results for our clients.

With over a decade of experience and more than 100 enterprise engagements across diverse industries, we specialize in empowering businesses to innovate and scale. From AIOps to Generative AI and advanced Machine Learning, our expertise spans the technologies that shape tomorrow's enterprises.

As a Microsoft Gold Partner, we boast over 125 Azure certifications and a track record of 400+ successful projects powered by our team of 200+ skilled engineers. Whether it's data analytics, DevOps automation, or application development, Parkar is dedicated to achieving each client's unique transformation goals with agility, precision, and a relentless pursuit of excellence.

Vector is our flagship platform, built on the latest in IT and AI technology to empower organizations to work smarter and stay ahead in a fast-changing digital world. It streamlines digital operations with intelligent automation and seamless cloud integration. With features like real-time monitoring, early problem detection, and scalable flexibility, Vector helps reduce costs, boost reliability, and drive continuous innovation.

For more info., Visit our website: https://parkar.in

Role Summary

We are looking for a Migration Business Analyst (BA), who will be instrumental in transformation initiatives, focusing on the migration of client, account, and transactional data into Temenos Transact T24. As a key member of the programme, the BA will combine business insight with technical proficiency to ensure accurate, auditable, and compliant data transitions while upholding the highest standards of data integrity and regulatory adherence.

Responsibilities

Lead and facilitate migration workshops with business stakeholders, subject matter experts, and IT teams to define data sources, transformation rules, and acceptance criteria.
Ensure all workshop outcomes—decisions, open points, exceptions—are fully documented, reviewed, and signed off.
Translate business requirements into detailed data mapping specifications between legacy systems and T24 entities (e.g., CUSTOMER, ACCOUNT, SAM, CONTRACT,POSITION, LEDGER, FEES & CHARGES, ETC.).
Oversee the build activities performed by the migration development team and own the testing process to validate their deliverables against agreed specifications.
Execute and/or supervise test scenarios, including data extraction, transformation logic, file formatting (FBF), and load validations in T24 environments (DEV → UAT → PROD).
Perform reconciliations and gap analyses to verify completeness, correctness, and consistency of migrated data.
Report, track, and revalidate defects in close collaboration with developers and testers.
Prepare and maintain comprehensive artefacts: workshop summaries, mapping documents, test scripts, evidence packs, and handover documentation.
Ensure compliance with Swiss Banking Act (BA) principles, data protection laws, and regulatory reporting obligations (FATCA, MIFID, CRS, AML/KYC).

Requirements

Bachelor's degree in Business, Finance, IT, or related discipline.
Minimum 8-10 years experience in banking IT projects, preferably within private banking or wealth management.
Proven participation in at least one T24 implementations or migration programmes in a functional or business analyst role.
Good knowledge of Temenos Transact T24, including navigation (FI, DD), versioning (TVMM), workflows, products
Hands-on experience with data migration testing, validation techniques, and defect management.
Strong analytical abilities and meticulous attention to detail and data quality.
Skilled in stakeholder engagement, requirement elicitation, and conflict resolution.
Preferred Attributes
T24 certification (e.g., Temenos TLC and TCCP certification) on Private Banking modules such as Securities, Derivatives, Structured Products, Fiduciary, Forex, Financial reporting.
Familiarity with Triple A plus product.
Familiarity with jBASE, TAFC, SQL, or scripting languages for data validation purposes.
Experience using Jira, Confluence, or similar tools for tracking tasks and documentation.
Accountabilities
End-to-end ownership of migration analysis, workshop facilitation, and output documentation.
Full responsibility for validating deliverables from the migration development team through structured testing and reconciliation.
Delivery of migration assets fit for audit, governance review, and operational handover.

Education

Bachelor's degree in Business, Information Technology, Engineering, or a related field

Migration Business Analyst Transact T24 Specialist