Position Overview

The Back-Office Migration Specialist plays a critical role in driving the operational transformation of our client, major pan-European commercial banking group, core banking architecture. This position sits at the intersection of daily financial operations and large-scale IT migration, focusing on the seamless transition of legacy account, payment, and securities data onto the OLYMPIC Banking System .

The ideal candidate bridges the gap between technical migration teams and business operations, ensuring data integrity, rigorous user acceptance testing (UAT), and zero disruption to live back-office activities during platform 'cut-over' phases.

Key Responsibilities

1. Data Migration & Systems Mapping

• Legacy-to-Target Data Cleaning: Analyze, reconcile, and map complex back-office data from legacy infrastructures into OLYMPIC data structures.

• Static Data Setup: Manage and validate the accurate migration of critical static data, including client profiles, portfolios, instruments, and counterparty networks.

• Exception Resolution: Troubleshoot, track, and resolve data drops or formatting anomalies discovered during extraction and loading phases.

2. Testing & Quality Assurance (UAT)

• Test Case Design: Author and execute comprehensive UAT test cases reflecting real-world, high-volume back-office processing scenarios.

• Parallel Runs: Conduct parallel production simulations to ensure that calculations, accounting entries, and system-generated reports in OLYMPIC exactly match legacy baselines.

• Defect Management: Identify system defects, document technical bugs, and work directly with developers and vendors to implement fixes.

3. Core Back-Office Transition Management

• Securities & Custody Operations: Support transitional workflows for corporate actions, clearing, settlement, and custody administration within the OLYMPIC environment.

• Cash & Liquidity Reconciliations: Monitor international cash rails (SWIFT, SEPA), treasury lines, and accounting breaks throughout the migration lifecycle.

4. Change Management & Documentation

• SOP Authoring: Update and draft new Standard Operating Procedures (SOPs), desk manuals, and day-in-the-life workflows for the target state.

• Cross-Functional Liaison: Translate complex operational business requirements into actionable specifications for technical engineers and external platform vendors (ERI).

Profile & Requirements

• Experience: Proven experience in corporate banking, private banking, or asset servicing back-office operations (specifically within securities settlement, custody, or international payments).

• Platform Expertise: Hands-on experience with or deep functional knowledge of the OLYMPIC Banking System . Direct experience participating in a core banking system migration or upgrade is highly preferred.

• Technical Literacy: Advanced data manipulation capabilities using MS Excel (complex formulas, VLOOKUPs, pivot tables). Basic familiarity with database querying (SQL) or XML formats is a strong asset.

• Industry Knowledge: Comprehensive understanding of financial market infrastructure, including SWIFT messaging standards, SEPA clearing, and EU/local regulatory compliance (AML/KYC frameworks).

• Languages: Professional fluency in English is required. Proficiency in French, Italian, or German is considered a significant advantage given UniCredit’s pan-European footprint.

Core Operational Balance

Business As Usual (BAU) Continuity Migration & Innovation

Protecting daily market and clearing cut-offs to prevent settlement failures.

Dedicated hours analyzing data discrepancies and functional gaps in test environments.

Working securely within strict internal control, compliance, and risk frameworks.

Actively identifying legacy manual processes that can be automated or optimized natively within OLYMPIC.

Hard skills

• Database Migration
• UAT
• Asset Servicing
• Olympic Banking System
• Operations Specialist

Soft skills

• Analytical Thinking
• Troubleshooting
• Attention to Detail
• Cross-Functional Collaboration
• Written Communication