Capco Logo

Capco

Managing Principal - Banking Transformation

Posted An Hour Ago
Be an Early Applicant
Hybrid
New York, NY, USA
212K-236K Annually
Expert/Leader
Hybrid
New York, NY, USA
212K-236K Annually
Expert/Leader
Leads large-scale banking transformation, modernization, platform replacement, and technology migration programs for financial institution clients. Oversees strategy, governance, risks, budgets, testing, cutover planning, stakeholder alignment, and transition to business-as-usual operations. Builds executive client relationships, identifies consulting opportunities, supports proposals and go-to-market activity, and develops multidisciplinary delivery teams. Requires extensive consulting and financial services experience, banking transformation expertise, and strong commercial and program leadership.
The summary above was generated by AI

Managing Principal – Banking Transformation & Migration

Location: New York City / Charlotte | Practice Area: Banking & Payments | Type: Permanent

Lead complex banking transformations. Navigate large-scale technology migrations. Help shape the future of banking through strategic leadership and exceptional program delivery.

The Role

At Capco, we're looking for an experienced Managing Principal to help lead and grow our Banking & Payments practice, with a particular focus on large-scale banking transformations, technology migrations, and complex change programs.

You'll work with leading financial institutions to navigate significant business and technology change, helping clients modernize their banking platforms, migrate critical systems, and deliver strategic transformation initiatives that achieve measurable business outcomes.

This is a senior consulting leadership role that combines banking industry knowledge, program delivery expertise, and strong stakeholder management. While an understanding of banking technology and systems is important, the focus is on leading transformation rather than hands-on technical implementation.

You'll play a key role in strengthening client relationships, identifying commercial opportunities, and guiding multidisciplinary teams through complex transformation journeys.

What You’ll Do

  • Lead large-scale banking transformations: Provide strategic direction and end-to-end delivery oversight for complex banking modernization, platform replacement, and technology migration programs, ensuring alignment with business objectives and measurable outcomes.
  • Oversee complex migration programs: Guide the planning and execution of large-scale banking system and data migrations, including migration strategy, operational readiness, testing coordination, cutover planning, and transition to business-as-usual operations.
  • Connect business and technology: Work closely with senior business, operations, and technology stakeholders to translate strategic objectives into achievable transformation roadmaps, ensuring effective coordination across delivery teams, technology partners, and third-party vendors.
  • Manage delivery, governance, and risk: Establish effective program governance, manage dependencies and delivery risks, oversee budgets and milestones, and provide clear executive reporting to support informed decision-making throughout the transformation lifecycle.
  • Grow client relationships and consulting capabilities: Build trusted relationships with senior banking executives, identify new business opportunities, contribute to commercial proposals, and develop high-performing consulting teams that deliver meaningful client outcomes.

What We’re Looking For

  • Consulting & Financial Services Experience: 10+ years of experience in consulting and financial services, with a track record of delivering complex banking transformations and strategic initiatives.
  • Banking Transformation & Migration Expertise: Experience overseeing large-scale banking modernization programs, platform replacements, system migrations, and legacy technology transformations.
  • Program Delivery: Ability to manage complex programs, including governance, budgets, risks, vendors, and delivery milestones.
  • Business & Technology Understanding: Good knowledge of banking operations and technology, with the ability to connect business needs with technology delivery.
  • Stakeholder & Commercial Leadership: Experience engaging senior executives, managing client relationships, and contributing to go-to-market strategies, business development, and new consulting opportunities.

Bonus Points For

  • Experience delivering core banking modernization, payments transformation, digital banking migration, or enterprise-wide banking platform replacement programs.
  • Familiarity with banking migration approaches, including phased migrations, parallel runs, data conversion, cutover planning, and post-migration stabilization.
  • Experience working with major banking technology vendors, systems integrators, and third-party delivery partners.
  • Knowledge of Agile, Waterfall, and hybrid program delivery methodologies, including experience adapting delivery approaches to complex banking environments.
  • Experience supporting business development, developing client propositions, and expanding consulting relationships within major financial institutions.

Why Join Capco

  • Deliver high-impact technology and business transformation solutions for leading financial institutions.
  • Work in a collaborative, flat, and entrepreneurial consulting culture.
  • Access continuous learning, professional development, and industry certifications.
  • Be part of a team shaping the future of digital financial services.
  • Help shape the future of banking transformation across our Banking & Payments practice.

Benefits

We offer a competitive, people-first benefits package designed to support every aspect of your life:

  • Healthcare Coverage: Medical, dental, and vision benefits.
  • Retirement Planning: 401(k) matching contributions.
  • Family-Friendly Support: Maternity and paternity leave, alongside dependent care benefits.
  • Learning & Development: Tuition reimbursement to support your continued professional growth.
  • Wellness Support: Wellness reimbursement.
  • Financial Flexibility: Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA).
  • Commuter Benefits: Support for eligible commuting expenses.
  • Everyday Savings: Access to Working Advantage, a discounted marketplace offering savings on products, services, and experiences.

Inclusion at Capco

We’re committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we’ll be happy to help.

We value each person’s unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other every day.

Use of Artificial Intelligence in Talent Acquisition

At Capco, we use artificial intelligence (AI) tools to support and enhance several parts of talent acquisition. This includes using AI-enabled features within LinkedIn to help source potential candidates, speeding up routine recruitment communications such as emails and creating compelling and brand-aligned job postings that accurately reflect role requirements, and AI-scheduling applications to improve the efficiency of interview coordination.

AI is used as a support tool only. All hiring decisions are made by talent acquisition and hiring teams.

Why This Role Is Open

We are currently hiring for this role due to an existing or newly created vacancy within our organization. This position is open as part of our ongoing business needs, and we are actively reviewing applications to fill this role with a qualified candidate who can make an immediate impact

#LI-JC1

US Pay Range
$212,000—$236,000 USD

Capco New York, New York, USA Office

Inside the Empire State Building in the heart of NYC is where you will find our office. Near all public transportation it is a commuters dream.

Similar Jobs at Capco

An Hour Ago
Hybrid
New York, NY, USA
212K-236K Annually
Expert/Leader
212K-236K Annually
Expert/Leader
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Leads commercial banking and lending transformation engagements for financial institution clients. Responsibilities include modernizing lending lifecycles and platforms, improving underwriting and servicing workflows, guiding complex technology implementations, managing senior client relationships, developing consulting opportunities, and overseeing multidisciplinary delivery teams. The role also shapes GenAI and intelligent automation strategies for credit decisioning, portfolio monitoring, and relationship management.
Top Skills: AgileAutomated Credit DecisioningCommercial Loan Origination PlatformsCommercial Loan Servicing PlatformsData AnalyticsGenaiExcelMicrosoft PowerpointSystems Integration
5 Days Ago
Hybrid
New York, NY, USA
146K-183K Annually
Expert/Leader
146K-183K Annually
Expert/Leader
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Designs and delivers enterprise-scale generative and agentic AI architectures, including foundation-model integrations, scalable solution patterns, cloud-native infrastructure, MLOps pipelines, orchestration, and production systems. The role aligns AI technology with business objectives, mentors colleagues, collaborates across teams, and contributes to thought leadership. Candidates need extensive software architecture and AI/ML experience, strong generative AI expertise, Python proficiency, and cloud-platform experience. The position is hybrid, requiring three office days weekly in New York or Orlando.
Top Skills: Agentic AiAi/Ml FrameworksAWSAzureFoundation ModelsGCPGenerative AiKubernetesMlopsPythonRetrieval-Augmented Generation (Rag)Vector Databases
25 Days Ago
Hybrid
New York, NY, USA
143K-183K Annually
Entry level
143K-183K Annually
Entry level
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Lead business analysis and Scrum Master activities for large-scale high-value and cross-border payments transformation initiatives. Gather and translate business and technical requirements, facilitate agile ceremonies, support payment-system delivery, and align business, technology, and operations stakeholders. The role also involves building client relationships and delivering solutions for major financial institutions, with a focus on payment processing systems, financial messaging standards, and modernization programs.
Top Skills: ChipsFedwireIso 20022Pacs.008Pacs.009

What you need to know about the NYC Tech Scene

As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.

Key Facts About NYC Tech

  • Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
  • Key Industries: Artificial intelligence, Fintech
  • Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
  • Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account