Managing Principal - Banking Transformation

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.

• →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.

• 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.

• 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.

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.

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.

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

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