What are the responsibilities and job description for the Real-Time Payment Systems - Immediate Requirement position at iTek People, Inc.?
Job Details
JD:-
Must Have: -
Solution Architecture: Lead the design and architecture of real-time payment solutions
using FED, CHIPS, and SWIFT. Define technical requirements, ensure systemscalability, security, and high availability for payments processing environments.
Functional Expertise: Leverage deep functional knowledge of real-time payment
systems to advise on best practices and innovative solutions. Understand regulatory
requirements and industry standards for payments (knowledge of CHIPS / FED wire is
must), ensuring compliance.
Technical Leadership: Provide guidance and mentorship to development teams,
ensuring that solutions are implemented according to architectural guidelines and
industry standards.
Stakeholder Collaboration: Engage with business stakeholders, product managers,
and other teams to understand business needs and translate them into functional and
technical requirements.
End-to-End Design: Design end-to-end payment flows from transaction initiation to
settlement, ensuring smooth and efficient operations across various real-time payment
networks.
Documentation: Prepare and maintain detailed architectural documentation, including
design specifications, data flow diagrams, and system interfaces. Communicate design
decisions effectively to both technical and non-technical stakeholders.
Key Requirements:
Experience:
o At least 7-10 years of experience in payment systems architecture with a focus
on real-time payments, including hands-on experience with FED, CHIPS, and
SWIFT.
o Proven experience as a Solution Architect or a senior role in payment systems or
financial services technology.
Functional Knowledge:
o Strong functional knowledge of real-time payment systems and protocols
(including transaction flows, settlement, and reconciliation processes).
o Familiarity with the Federal Reserve's Real-Time Payment Network, CHIPS, and
SWIFT messaging protocols and services.
Technical Skills:
o In-depth understanding of payment system architectures, API integrations, and
modern payment processing technologies.
o Expertise in payment network standards such as ISO 20022, ISO 8583, and
other messaging formats used in the payment industry.
Leadership & Communication:
o Excellent problem-solving and leadership skills, with a proven track record of
managing complex solution architecture projects.
o Ability to communicate complex technical concepts to non-technical stakeholders
and senior management.
o Strong interpersonal and collaboration skills to work effectively with cross-
functional teams.
Preferred Qualifications:
Experience in working with global payments infrastructure and standards.
Knowledge of real-time payment systems in USA region and regulatory environments.
Please send your resume's to Resumes(@)itekpeople(.)com
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