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Full-Time

Senior Functional Consultant

Posted on 7/9/2024

Zafin

Zafin

501-1,000 employees

SaaS platform for banking product pricing

Fintech
Financial Services

Senior, Expert

Toronto, ON, Canada

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Requirements
  • Bachelor’s degree in Computer Science, Finance, or related fields
  • 5+ years of experience in Business Analysis or Functional consulting in the Banking industry
  • Data analytical skills
  • Exceptional communication skills
  • Team player with the ability to collaborate effectively
  • Goal-oriented and reliable
  • Strong situational analysis and decision-making abilities
  • Strong negotiation skills
  • Proactive attitude
  • Ability to act as a liaison
  • Domain knowledge of banking and financial institutions (Nice to have)
  • Basic knowledge of cloud concepts (Nice to have)
Responsibilities
  • Elicit, clarify, and document business requirements
  • Articulate key functional capabilities of SaaS solution suite
  • Lead fit-gap analysis exercise
  • Establish user stories and backlog items
  • Prepare key implementation deliverables
  • Organize and execute functional tests
  • Articulate the solution from a business perspective

Zafin provides a Software-as-a-Service (SaaS) platform tailored for banks and financial institutions to manage and optimize their product pricing, packaging, and offers. The platform enables banks to quickly adapt to customer needs and competitive pressures by deploying new products and pricing strategies in days, rather than months, which reduces reliance on extensive IT support. This efficiency helps banks attract new customers, retain existing ones, and grow their business while ensuring compliance with regulations through consistent and transparent practices. Zafin serves a wide range of clients, from small regional banks to large international institutions, and operates on a subscription-based model that provides continuous value through regular updates and support. The company's goal is to assist banks in their digital transformation and core modernization efforts, allowing them to stay competitive in a rapidly changing financial landscape.

Company Stage

Series B

Total Funding

$47.2M

Headquarters

Vancouver, Canada

Founded

2002

Growth & Insights
Headcount

6 month growth

28%

1 year growth

4%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of Michael Nitsopoulos as Chief Product Officer brings extensive experience and a proven track record of innovation, which could drive further product advancements.
  • Partnerships with industry leaders like Finxact and Navy Federal Credit Union enhance Zafin's credibility and expand its market reach.
  • The acquisition by Nordic Capital provides Zafin with additional resources and strategic support to accelerate growth and innovation.

What critics are saying

  • Executive turnover in the tech industry, as seen with recent changes, could lead to instability and strategic misalignment.
  • The competitive fintech landscape requires continuous innovation to maintain a leading position, posing a challenge for sustained growth.

What makes Zafin unique

  • Zafin's platform enables banks to deploy new products and pricing strategies in days rather than months, offering a significant time-to-market advantage over competitors.
  • The company's focus on regulatory compliance and operational efficiency makes it particularly appealing to banks undergoing digital transformation or core modernization.
  • Zafin's international perspective and experience with diverse banking markets provide it with unique insights and best practices that set it apart from other fintech providers.
INACTIVE