[Hiring] Senior Principal, Business Consulting - Payments @Infosys

Role Description

Infosys Consulting’s Financial Services Practice is seeking a Senior Principal Payment Modernization & Transformation Management Consultant. The ideal candidate should have good knowledge of electronic payments, high-value payment systems, the modernization of mainframes, and replacing them with COTS products or custom-built microservices.

As a Senior Principal, you will work on strategic programs dealing with complex, industry-specific requirements, while further deepening knowledge in your respective area of specialization. You will independently deliver high quality solutions and actively build key client relationships.

• Manage the overall relationship of a biggest client (a large sized US Bank) across project delivery, BAU change delivery & Support.
• Key deliverables include product & customization delivery for FED ISO 20022. Managing FED certification & Other business and compliance projects related to MTS & UPF products of ACI.
• Managing Senior Management expectations of the client institution while keeping the profitability at the desired level.
• Orchestrating deliveries from internal teams and aligning to the program direction.
• Collaborated closely with business & technical teams including architects to ensure clear understanding and efficient delivery of SWIFT GPI, Multi-country FI (Vostro) clearing propositions, MT101, Giftsoft integration for USA Payments and ISO 20022 payment initiation products.
• Mandated & drove the team towards embedding of STP in each of these initiatives ensuring efficiency and reducing operational risk.
• Implemented digital solutions including Trade Blockchain, Digital Payments, Host to Host and Internet banking Channels covering ISO 20022 cash management messages such as Pain 001, CAMT 052, 053 & 054, Mobile Banking Apps, AI/ML Driven Trade solutions & API lead innovation solutions.
• Lead digital engineering teams handling Systems & technologies under Cash Management, Liquidity, Trade & Supply Chain finance, Corporate Channels, Corporate Credit Origination, Credit Administration & Customer Life Cycle Management functions.
• Owned delivery of Strategic transformations and sustained smooth ‘business as usual’ through tactical initiatives.
• Adherence to Enterprise Architecture & Information security Guidelines, program governance, regulatory compliance needs, Finance frameworks etc.
• Driven Corporate banking business innovations through technology driven solutions in liaison between technology senior leadership and stakeholders for FAB UAE & US entities facilitating data-driven collaborative communication.
• Aligned and harmonizing Business and IT Strategies and helping business and Operations functions in achieving their goals.

Qualifications

• Bachelor’s degree or foreign equivalent required.
• Minimum 9 years of relevant experience with at least 3 years of management consulting experience at a top-tier consulting firm.
• Candidate should have a good knowledge of end-to-end value chain, architecture, and a good understanding of mainframe systems in the payments space.
• Experience in one or more domain areas – B2B Payments, Disbursements, Card Payments, Consumer/Retail Payments across origination, processing, clearing and settlement, servicing, and messaging.
• Hands-on experience with one or more of ISO 20022, electronic payments (Wires, ACH, Immediate Payments) in multiple geographies, Cross-Border Payments, Credit Card payments, Wallets is a must-have.
• Hands-on experience with market-leading Payment Hub products and Card Processors is a plus.
• At least one or two cycles of bank level payments modernization programs experience and have experience of running similar large complex technology programs.
• Good knowledge and solution implementation experience of products and custom solutions for Fed WIRES, Canada Lynx and SWIFT cross border payment (high value payment solutions).
• Experienced in Engineering services, DevSecOps implementation management and Testing services Management.
• Ability to travel as needed (typically up to 4 days/week) to client locations.
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply.

Requirements

• Detailed understanding and knowledge of ISO 20022 message standards.
• Have hands on exposure to CBPR+ and FEDNOW/ FEDWIRE demands for ISO 20022 through at least 1 full program completed and delivered.
• Data Solutions for payments monetization, data quality and lineage etc. (Can be separate specialist or in combination).
• RTP implementation experiences through products like FINASTRA, FISERV etc., will be a definite advantage.
• Decent awareness of tech stack under the hood and architectural awareness will be a significant plus for making the hiring opportunity to be more successful (coverage – micro services construct, cloud deployment knowledge etc.).
• Gather and analyze business requirements, processes, design and develop data maps required to support technology transformation initiatives.
• Collaborate with cross-functional teams across the client organization and Infosys on technology transformation programs and initiatives.
• Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation.
• Support business development activities ranging from leading or contributing to proposals and developing propositions.
• Develop market relevant points of view to generate and sustain presence in the marketplace.

Benefits

• Medical/Dental/Vision/Life Insurance
• Long-term/Short-term Disability
• Health and Dependent Care Reimbursement Accounts
• Insurance (Accident, Critical Illness, Hospital Indemnity, Legal)
• 401(k) plan and contributions dependent on salary level
• Paid holidays plus Paid Time Off