Principal Consultant - Banking Credit & Risk (Contract)

About the role

A Principal Consultant is sought to assess the credit and risk processes of a banking client operating across conventional and Islamic banking. Acting as SME and end-to-end Product Owner, you will lead back-end product enhancements from requirements through development, SIT, UAT and deployment. The contract is based in Lahore (onsite/hybrid) and lasts 4 months.

Key responsibilities

• Assess credit and risk processes (origination, underwriting, limits, collateral, monitoring) and identify gaps and improvements.
• Ensure alignment with SBP Prudential Regulations, Basel III, IFRS 9 and Shariah/AAOIFI requirements for Islamic products.
• Act as SME and Product Owner, owning the roadmap, backlog and prioritization of enhancements.
• Formalize client requirements into BRDs, user stories and acceptance criteria for development teams.
• Lead development, manage scope and ensure on-time, quality delivery.
• Plan and lead SIT and UAT, manage defects and secure business sign-off.
• Lead production deployment and post-go-live support.
• Serve as key liaison between business, risk, compliance, Shariah and IT teams.

Required profile

• 10+ years in banking with strong credit and risk management experience.
• Exposure to both conventional and Islamic banking.
• Proven Product Owner, BA lead or SME experience on banking system enhancements.
• Experience leading SIT, UAT and deployments.

Required skills

• Core banking or LOS platforms such as T24, Finacle or FLEXCUBE.