Payment Solution Architect

Job description

Title : Payment Solution Architect :

The ideal candidate will be an exceptional solutions architect who exhibits sound business judgment, a proven ability to influence others and possess strong analytical skills.

In this role, you will be primarily responsible for designing and delivering specification for reusable web service interfaces that can facilitate transfer of funds both in P2P and C2B scenarios including offline and online / real-time mode of payment such as Zelle and TCH / RTP. Acts as a point of contact for Architecture and design delivery, with the ability to identify service and reusable components, and clearly documents and communicates design recommendations across teams supporting movement of funds, including core payment constructs of authorization, clearing & settlement, and supporting batch updates to banks ledger

Responsibilities

Designs and develops web services specifications, solution architecture and design for enterprise wide systems, and supports implementation and deployment of these services and design by working closely with the delivery teams.

Brings a deep understanding of payment landscape onboard with focus on challenges and opportunities in P2P and C2B payment scenarios in both offline and online modes of payment, including, authorization, settlement and reconciliation flows.

Understands complexity of adapting to an enterprise wide web service modelling where many enterprises are involved and requires to interface with heterogeneous applications and suggests solutions.

Responsible for components of complex engineering and / or analytical tasks and activities.

Ensure all internal processes, procedures, and policies are effectively enforced.

Serves as a fully seasoned / proficient technical resource; provides tech knowledge and capabilities as a team member and individual contributor.

Will work closely with business partners and technology systems owners to define requirements for POC initiatives, ability to understand and adapt new technologies independently.

Exercises judgment within broadly defined practices and policies in selecting methods, techniques, and evaluation criterion for obtaining results.

Requirements

Mandatory skills

Familiarity with financial services and payments and payment processing including digital payments (i.e. funds transfers, bill payments, Zelle).

Experience and / or working knowledge of payment solution working with devices and merchant services

Design and development skills in enterprise wide web service, applications and reusable components that are unified across an Industry, in P2P and C2B payment domain covering near real time payments.

Good understanding of multiple industry standard of payment messages and files, like ISO20022, ISO8583, SWIFT MT / MX, NACHA / ACH, BACS, NPCI UPI API etc.

Effectively work with business teams, program management, on-site / off-site development staff to accomplish project deliverables

Strong communication / interpersonal skills both written and verbal and the ability to quickly form meaningful working partnerships.

Work well under pressure. Manage multiple priorities, be proactive, and deliver quality results under aggressive deadlines.

Self-starter, good aptitude, Problem Solver and someone who is open to learning new technologies and comes with strong analytical capabilities

Maintain a comprehensive library of technical terminology and documentation

Understanding of service oriented architecture and best practices

Strong use of visuals skills (EA Sparx or MS Visio), ability to convene points with graphics and illustrations

Strong attention to details

Desired skills

Experience of working in an offshore / onsite model.

Experience of working in an Agile team.

Understanding of downstream systems that payment applications usually interact with, including, deposit products, batch updates to bank ledger, third party applications like clearing houses, interbank settlement systems.