Business Architect

About the Company

Client is seeking a highly experienced Senior Business Architect with expertise in Commercial Banking, Treasury Services, Cash Management, and Liquidity Solutions to support strategic transformation initiatives across transaction banking.

About the Role

The ideal candidate will serve as a trusted advisor to business and technology leadership teams, helping define product strategy, target operating models, business capabilities, and transformation roadmaps for deposit and liquidity solutions. This role requires deep industry experience across corporate deposits, liquidity management, treasury services, cash concentration, pooling, sweeps, working capital optimization, and related transaction banking capabilities. The candidate should be capable of engaging senior executives from Day 1, bringing industry best practices, competitive insights, product innovation ideas, and actionable recommendations.

Responsibilities

• Deposit & Liquidity Management:
  • Deep expertise in commercial and corporate deposits
  • Strong understanding of liquidity products and services
  • Experience with: Cash Concentration, Notional Pooling, Physical Pooling, Zero Balance Accounts (ZBA), Target Balance Accounts (TBA), Account Sweeps, Interest Optimization Structures
  • Working capital optimization solutions
  • Deposit pricing and profitability management
  • Commercial banking operating models
• Treasury & Cash Management:
  • Treasury Management Services
  • Commercial Cards and Treasury Products
  • Receivables and Payables Management
  • Virtual Accounts
  • Integrated Treasury Platforms
  • Liquidity forecasting and cash positioning
  • Commercial client cash-flow and liquidity solutions
• Transaction Banking Strategy:
  • Product strategy and product lifecycle management
  • Market benchmarking and competitive analysis
  • Business capability modeling
  • Operating model design
  • Transformation roadmap creation
  • Business case and value realization development
  • Revenue growth and profitability optimization
• Digital Transformation:
  • Treasury Digital Transformation initiatives
  • Treasury portals and digital channels
  • Client onboarding and servicing transformation
  • Workflow automation and straight-through processing
  • Commercial banking ecosystem integration
  • API Banking and Open Banking concepts
  • Data-driven treasury insights and analytics
• Payments & Collections:
  • ACH
  • Wire Payments
  • Real-Time Payments (RTP)
  • FedNow
  • SWIFT
  • ISO 20022
  • Lockbox Services
  • Receivables and Collections
• Business Architecture:
  • Define target-state business capabilities across Deposit and Liquidity Management
  • Develop business architecture and capability maps aligned to strategic goals
  • Create future-state operating models for treasury and cash management organizations
  • Identify capability gaps and recommend transformation priorities
• Strategic Advisory:
  • Act as a trusted advisor to executive leadership teams
  • Provide industry best practices and market insights
  • Offer competitor benchmarking and product comparisons
  • Assess emerging trends impacting transaction banking and treasury services
• Product & Domain Consulting:
  • Evaluate existing deposit and liquidity product portfolios
  • Recommend opportunities for modernization and innovation
  • Support product rationalization, enhancement, and expansion initiatives
  • Develop product strategy aligned with client growth objectives
• Transformation Leadership:
  • Lead business assessments and current-state evaluations
  • Facilitate executive workshops and stakeholder interviews
  • Develop strategic roadmaps and implementation plans
  • Define business outcomes, KPIs, and value realization metrics
• Client Engagement:
  • Present recommendations and thought leadership to senior executives
  • Build relationships with Treasury, Transaction Banking, Product, Operations, and Technology stakeholders
  • Collaborate with solution architects and technology teams to align business and technology strategies

Qualifications

• Bachelor's degree or foreign equivalent required from an accredited institution. Will also consider three years of progressive experience in the specialty in lieu of every year of education
• At least 15+ years of experience in Banking, Treasury Services, Cash Management, or Transaction Banking
• At least 10+ years of experience in consulting, business architecture, product strategy, or business transformation
• Location for this position is Toronto, Canada or NY City. Candidate must be located within commuting distance or be willing to relocate to the area. This position may require travel to project locations. Local candidates to Toronto are preferred

Required Skills

• Deposit & Liquidity Management
• Treasury & Cash Management
• Transaction Banking Strategy
• Digital Transformation
• Payments & Collections
• Business Architecture
• Strategic Advisory
• Product & Domain Consulting
• Transformation Leadership
• Client Engagement

Preferred Skills

Preferred Certifications