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Banking & Technology Director

West Monroe Partners, LLCChicago, IL
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Job Description

Ready to thrive in the next step on your career journey?

Banking Technology Director will serve as a leader in the firm's financial services bank and wealth management technology practice. You will work closely with C-level executives at top-tier banks and financial institutions, helping them navigate critical technology decisions, including legacy technology modernization, platform selection, data modernization, and integration frameworks. You will be responsible for leading a team of banking technology professionals, developing new business opportunities, and shaping strategic solutions for clients in areas such as core banking, credit technology, API frameworks, data, analytics, artificial intelligence, and cybersecurity.

What You Will Be Doing:

Strategic Leadership:

  • Develop and execute a comprehensive technology point of view and strategy for the banking verticals, aligning with West Monroe's overall business objectives and working closely with West Monroe's technology practice
  • Identify and capitalize on emerging market trends, opportunities, and innovations within the banking and wealth management sector.

Operational Management:

  • Oversee and coordinate with the banking technology teams' day-to-day operations and strategic priorities, ensuring high performance and operational efficiency.
  • Establish and maintain strong relationships with key clients, stakeholders, and industry partners.
  • Ensure compliance with industry regulations and standards, maintaining the highest levels of integrity and ethical standards.

Business Development:

  • Lead business development efforts to expand West Monroe's presence in the banking and wealth management market emphasizing our banking technology point of view in support of our core functions (commercial banking, treasury management, and risk and regulatory)
  • Foster and maintain relationships with existing clients while identifying new business opportunities and partnerships within the functional banking and wealth information technology groups
  • Drive sales and revenue growth through innovative service offerings and solutions tailored to client needs.

Team Leadership and Development:

  • Build, mentor, and lead a high-performing team of professionals within the banking and wealth technology team
  • Promote a culture of collaboration, innovation, and continuous improvement.
  • Invest in professional development and succession planning to ensure long-term team success.
  • What else you bring:
  • Bachelor's degree in business administration, information technology, or a related field; MBA, MIS, or advanced degree preferred.
  • 15+ years of technology experience, with a focus in the financial services industry
  • Support the design and implementation of technical infrastructure for banking systems, including core banking platforms, digital banking solutions, and integration with third-party services.
  • Partner with business stakeholders, IT teams, and external vendors to ensure the functionality and scalability of banking systems.
  • Integrate banking systems with various third-party services, such as payment networks, fraud detection platforms, and customer relationship management (CRM) systems.
  • Provide architectural guidance to development teams and other stakeholders, ensuring that all systems are aligned with business goals and architectural standards.
  • Proven track record of success in senior leadership roles, with extensive experience in strategic technology planning, business development, and operational management.
  • Deep understanding of the financial services technology landscape market, including current trends, challenges, and opportunities.
  • Strong leadership and team-building skills, with the ability to inspire and motivate others.
  • Excellent communication, negotiation, and interpersonal skills.

This role requires the ability to travel, as required based on client and practice demands. Additionally, it requires the ability to be in-person three days a week.