Senior Payments Architect

Job Description

Senior Payments Architect - Global Financial ServicesThe payments specialists will lead the architectural design and solution components of highly complex, business critical payments environments that will increase resilience and enable and unlock new value streams within the clients technology base.They will bring deep understanding of the technology trends in financial services and several years of experience architecting and delivering cloud native, API enabled, and data led architectures in the industry.RequirementsThe payment specialist will have a proven track record helping Banking & Capital Markets clients transform their payments capabilities by taking lead roles in developing solution and technical architectures as well as supporting the delivery of payment transformationsby providing architecture oversight, solution design and leadership. Furthermore, the ideal candidate will:

• Have extensive examples of leading the transformation of payment platforms in the financial services industry encompassing the wide range of multi-disciplinary skills required to deliver change through emerging technologies.
• Be a trusted adviser, with a track record of advising senior executives and company boards on executing value led technical transformation within leading organisations.
• Proven commercial experience as a payment systems specialist - with a successful track record of designing and delivering complex payments projects including established and emerging technologies underpinned by cloud components and API, in one or more industries
• The candidate will have a good understanding of some or all of the following areas:
• Payment schemes: Understanding of domestic payment schemes including BACS, Faster Payments, LINK, Cheque and Credit Clearing, and CHAPS; scheme operating rules; and cross border capabilities such as SEPA, TARGET2, SWIFT and RTP
• Payment channels: Understanding of mobile and online payments, open banking channels
• Payment lifecycle: Understanding of payment messaging, real time and deferred net settlements, exception processing (including failed payments and repairs), and reconciliations
• Digital payments: Understanding of wallets, digital currencies, blockchain based payments, and central bank digital currencies
• Card payments: Understanding of issuers, acquirers and card schemes, interchange, cardholder authentication,
• Payment operations: Understanding of back office functions, including fraud, AML and sanctions operations, liquidity management,
• RTGS: Understanding of central bank real time payments and settlements; role of central bank money; management of liquidity and collateral; gridlock management and commercial bank interfaces
• Payment technologies: Understanding of payments switching, routing, use of cryptography, PIN operations, contact and contactless protocols
• Emerging payment technologies: Understanding of emerging developments such as Open Banking, new payment rails, digital payments, new payment channels such as wallets, smart Point of Sale and ATMs, real time cross border, blockchain-enabled crypto payments,central bank digital currencies, data in payments and financial crime developments
• Payment Fintechs: knowledge of Fintech niches offerings in the payments value chain
• They will have market presence, having a personal significant track record of delivering impactful results across a large network of clients;
• Be accomplished in building effective relationships with third-party delivery organisations through the process of sourcing selecting, and managing the technical engagement with vendors/software providers;
• A confident and impactful communicator, both written and verbal, able to clearly explain solution design to non-technical audiences, and technical design to technical audiences;