New York, NY
|
Architect
|
Perm
|
$175k - $215k (estimate)
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Duties include the below:Strategic Architecture \u0026 Design-Define and maintain the enterprise payments architecture roadmap to support corporate banking and treasury services.-Align payments capabilities (ACH, wires, RTP, SWIFT, card rails, and cross-border) with overall business strategy and client needs.-Translate business objectives into target-state architectures, ensuring scalability, resiliency, and compliance.-Partner with product management to design solutions that enable new payment services, revenue models, and customer experiences.-Assess current-state payments processes, systems, and customer journeys to identify gaps and optimization opportunities.-Develop future-state models (capabilities, data flows, process maps) that enable seamless end-to-end payments execution.-Ensure alignment of payments processes with ISO 20022 standards, regulatory mandates, and clearing/settlement requirements.-Collaborate with technology teams to design integration patterns for core banking, ERP, treasury management, fraud/risk, and liquidity platforms.-Drive adoption of modern APIs, microservices, and cloud-based payments solutions.-Define architectural guardrails to ensure system interoperability, real-time data availability, and operational resilience.-Continuously monitor industry advancements (blockchain, CBDCs, AI in fraud prevention) to assess impact on corporate payments.-Advise senior leadership on emerging payments trends (real-time payments, open banking, digital currencies).Modern Way of Working:-Employ Agile, Product Owner mindset, Shift Left testing methodologies and best practices utilizing collaborative tools like Jira, JTMF, and Confluence to ensure projects progress in the right direction.-Keep current on emerging trends, tools, and techniques to improve product development and delivery, including best practices from Design Thinking and Lean Startup methodologies.-Contribute to a culture of innovation, actively seeking ways to enhance capability and performance efficiency.People Management:-Lead and manage team members, overseeing activities and deliverables aligned with diverse business clients and segments.-Foster people development through mentoring, performance feedback, and career succession planning.Stakeholder Management:-Build and maintain productive relationships with internal and external partners, acting as an ambassador for the business area and the bank.-Effectively engage and update stakeholders, ensuring understanding of project timelines and strategic alignment with senior management.-Influence senior stakeholders and guide team members in the area of expertise, managing expectations and collaborating across teams to achieve business objectives.-Compile and communicate performance metrics to relevant stakeholders.Communication \u0026 Facilitation:-Convey complex concepts clearly, transforming information into compelling business narratives.-Effectively communicate product changes and backlog priorities to stakeholders.Critical Thinking \u0026 Problem-Solving:-Utilize critical thinking and conflict resolution skills to address complex challenges.-Recommend best practices for improving products, processes, or services.-Solve intricate problems and develop innovative solutions through sophisticated analytical thinking.We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global\u0027s Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.","Title":"Business Architect, Payments and Deposits","City":"New York","ExpirationDate":null,"PriorityOrder":0,"Requirements":"-Undergraduate degree required.-7+ years relevant experience.-3+ years in Project Management, Product Owner, Testing Practices, and/or Agile delivery experience.-Certifications such as PMP, Agile Certified Practitioner, or Scrum Product Owner (CSPO) are assets.-Substantial knowledge of SWIFT messages, ISO20022, MX and MT formats.-Deep understanding of payment systems and methods such as Canada Lynx, US CHIPS, and FedWire, etc.-Knowledge of emerging payment rails like Instant Payments-Familiarity with regulatory reporting such as EFTR Fintrac, sanction screening, fraud detection, anti-money laundering (AML), compliance reporting.-Understanding of deposit sub-ledger capabilities (like account management, transaction posting, multi-currency handling, interest calculations, liquidity management, controls, and reporting) to drive/ support deposits transformation, an asset.-Familiarity with various accounts (Nostro, Vostro, Corporate Customer), and integration of payments services with correspondent account processing, an asset.-Understanding of the interaction between payments and deposits operating models and how these serve client needs and use cases.-Experience with payment data, canonical models, and payment data mapping.-Ability to create and document Target Operating Models (TOMs) and define how opportunities and challenges will be delivered through these TOMs.","Skills":"-Proficient in MS Office and collaboration tools like Jira and Confluence.-Consulting and/or strategy experience preferred, demonstrating problem-solving, analytical thinking, and effective stakeholder management.-Tier 1 bank or financial institution experience preferred.","Industry":"Architect","Country":"US","Division":"IT","Office":null,"IsRemoteJob":false,"IsInternalJob":false,"ExtraValues":null,"__RecordIndex":0,"__OrdinalPosition":0,"__Timestamp":0,"Status":null,"ApplicantCount":0,"SubmittalCount":0,"ApplicationToHireRatio":0,"JobDuration":null,"SalaryHigh":215000.0000,"SalaryLow":175000.0000,"PayRateOvertime":0,"PayRateStraight":0,"Filled":0,"RemainingOpenings":0,"TotalOpenings":0,"Visa":null,"ClearanceType":null,"IsClearanceRequired":false,"IsHealthcare":false,"IsRemote":false,"EndClient":null,"JobCreatedDate":"\/Date(-62135578800000)\/","JobModifiedDate":"\/Date(-62135578800000)\/"}
This position is for a Business Architect in our Payment and Deposits Solutions team and requires subject matter expertise in Payment & Deposits product domains and substantial knowledge in product... capability ownership. The candidate will be responsible for design of payment and deposits solutions across the enterprise. This will be accomplished by integrating knowledge of how Payments and Deposits functions deliver outcomes for multiple business areas at leading financial institutions. The role involves interpreting business challenges, leading cross-functional projects, and developing new solutions to meet our future client needs. Duties include the below:Strategic Architecture & Design-Define and maintain the enterprise payments architecture roadmap to support corporate banking and treasury services.-Align payments capabilities (ACH, wires, RTP, SWIFT, card rails, and cross-border) with overall business strategy and client needs.-Translate business objectives into target-state architectures, ensuring scalability, resiliency, and compliance.-Partner with product management to design solutions that enable new payment services, revenue models, and customer experiences.-Assess current-state payments processes, systems, and customer journeys to identify gaps and optimization opportunities.-Develop future-state models (capabilities, data flows, process maps) that enable seamless end-to-end payments execution.-Ensure alignment of payments processes with ISO 20022 standards, regulatory mandates, and clearing/settlement requirements.-Collaborate with technology teams to design integration patterns for core banking, ERP, treasury management, fraud/risk, and liquidity platforms.-Drive adoption of modern APIs, microservices, and cloud-based payments solutions.-Define architectural guardrails to ensure system interoperability, real-time data availability, and operational resilience.-Continuously monitor industry advancements (blockchain, CBDCs, AI in fraud prevention) to assess impact on corporate payments.-Advise senior leadership on emerging payments trends (real-time payments, open banking, digital currencies).Modern Way of Working:-Employ Agile, Product Owner mindset, Shift Left testing methodologies and best practices utilizing collaborative tools like Jira, JTMF, and Confluence to ensure projects progress in the right direction.-Keep current on emerging trends, tools, and techniques to improve product development and delivery, including best practices from Design Thinking and Lean Startup methodologies.-Contribute to a culture of innovation, actively seeking ways to enhance capability and performance efficiency.People Management:-Lead and manage team members, overseeing activities and deliverables aligned with diverse business clients and segments.-Foster people development through mentoring, performance feedback, and career succession planning.Stakeholder Management:-Build and maintain productive relationships with internal and external partners, acting as an ambassador for the business area and the bank.-Effectively engage and update stakeholders, ensuring understanding of project timelines and strategic alignment with senior management.-Influence senior stakeholders and guide team members in the area of expertise, managing expectations and collaborating across teams to achieve business objectives.-Compile and communicate performance metrics to relevant stakeholders.Communication & Facilitation:-Convey complex concepts clearly, transforming information into compelling business narratives.-Effectively communicate product changes and backlog priorities to stakeholders.Critical Thinking & Problem-Solving:-Utilize critical thinking and conflict resolution skills to address complex challenges.-Recommend best practices for improving products, processes, or services.-Solve intricate problems and develop innovative solutions through sophisticated analytical thinking.We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.