Associate Partner, Business Consulting - Banking & Payments Transformation

About the role

The ideal candidate will manage the relationship with a large-sized US Bank, delivering high-quality solutions and building key client relationships. Key responsibilities include managing product & customization delivery for FED ISO 20022, FED certification, and other business and compliance projects. The role also involves orchestrating deliveries from internal teams and aligning to the program direction.

Responsibilities

• Manage product & customization delivery for FED ISO 20022
• Manage FED certification and other business and compliance projects
• Orchestrates deliveries from internal teams and aligns to the program direction
• Collaborate with cross-functional 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
• Implement 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
• Own delivery of Strategic transformations and sustained smooth 'business as usual' through tactical initiatives
• Adhere to Enterprise Architecture & Information security Guidelines, program governance, regulatory compliance needs, Finance frameworks etc.
• Drive corporate banking business innovations through technology-driven solutions in liaison between technology senior leadership and stakeholders for FAB UAE & US entities
• Align and harmonize Business and IT strategies and help business and operations functions achieve their goals

Qualifications

• Bachelor’s degree or foreign equivalent required
• Minimum 12 years of relevant experience with at least 5 years of management consulting experience at a top-tier consulting firm
• 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 200022, electronic payments (Wires, ACH, Immediate Payments) in multiple geographies, Cross-Border Payments, Credit Card payments, Wallets is a must-have
• Experience in one or more of Fed WIRES, Canada Lynx and SWIFT cross-border payment (high value payment solutions)
• Experience in implementing 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

Preferred Qualifications

• Certifications like Bank of international settlements /FED or any other internationally recognized institutes
• MBA / Economics major at graduate level
• 3-5 years of experience working on change initiatives in Banking or Payment Services firms working either directly or with a reputed professional services firm
• Exposure to Real time payments TCH RTP and FEDNOW would be added advantage, or they can be looked at exclusive RTP requirements position
• Good knowledge and liquidity management (Nostro/Vostro) accounts and any solutions
• Experience in executing programs using Agile methodologies
• Prior experience with market-leading Payment Hub products, Payment Processors, and Card Processors
• Strong knowledge of one or more payment schemes for High Value, Mass Payments, Immediate Payments, and P2P Payments
• Firm building experiences through pre-sales, thought leadership, industry research and visibility through industry forums