What are the responsibilities and job description for the VP Embedded Finance Solution Architect (Hybrid) position at Bancorp Bank, The?
Overview
Work Arrangement:
***After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office.***
The Vice President Embedded Finance Solution Architect is responsible for defining the overall architecture, ensuring seamless integration with third-party financial services, and optimizing API-driven transaction flows. This role is responsible for collaborating with engineering, product, and business teams to align technology solutions with business objectives, while maintaining compliance with financial regulations and security best practices. The ideal candidate is responsible for leading architectural decisions, selecting the right technologies, and driving innovation in the Embedded Finance vertical for payments, banking, lending, and digital wallets to build and enhance our platform’s capabilities.
Responsibilities
Essential Functions
1. Designs end-to-end financial solutions, ensuring they align with business objectives and regulatory requirements.2. Defines API-first architecture for embedding financial services (payments, lending, banking, etc.) into platforms.3. Develops reference architectures for integrating third-party financial services, payment processors, and banking platforms.4. Guides the development of event-driven and microservices architectures for financial transactions.5. Defines integration strategies for third-party APIs, including payment gateways, fraud detection, KYC/AML services, and partners.6. Defines the tech stack and tooling for financial services integration, cloud infrastructure, and DevOps.7. Aligns financial architecture with business goals, ensuring the Embedded Finance technology roadmap supports growth and scalability.8. Designs secure authentication and authorization frameworks (OAuth 2.0, JWT, API key management).9. Implements real-time and batch processing workflows for payments, settlements, and reconciliations.10. Works closely with engineering teams to ensure solution feasibility and execution.11. Partners with product managers to translate business requirements into scalable financial solutions.
Qualifications
Education/Experience Requirements
• An Undergraduate degree in Computer Science or related field or an equivalent combination of training and experience.• 10 years of experience in financial services.• 5-8 years or more of experience in Solution architecture, cloud architecture, and/or enterprise architecture.• Prior experience in payment processing, digital banking, lending-as-a-service (LaaS), or embedded finance platforms.
Preferred Qualifications
• Self-Starter who can work independently in a self-managed team environment.• Experience in designing multi-tenant architectures.• Understanding of compliance frameworks, including PCI-DSS, SOC 2, GDPR, PSD2, Open Banking, NACHA (ACH payments), KYC, AML, and fraud detection best practices in financial services.• TOGAF, CPP, CFP, AWS Certified Solution Architect.
Background & EEO Statement
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: click here
Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank: click here
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
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