Solution Architect Real-Time Payment Systems for Job Location Florham Park, NJ for Video Interview

Employment type C2C

Job Title Solution Architect Real-Time Payment Systems

Job Location Florham Park, NJ

Duration 6 months

Experience level -12

Mandatory Skills Real-Time Payment Systems (FED/CHIPS/SWIFT), payment network standards such as ISO 20022, ISO 8583 etc.

Job Description:
Department: Payments Technology

About the Role:

We are seeking an experienced Solution Architect with deep functional knowledge and hands-on experience in real-time payment systems, specifically with FED (Federal Reserve), CHIPS (Clearing House Interbank Payments System), and SWIFT. This role requires expertise in designing and implementing end-to-end solutions for real-time payment processing, including strategic architecture planning, functional design, and system integration.

As a Solution Architect, you will collaborate with cross-functional teams, including business stakeholders, developers, and operations, to design scalable, secure, and high-performance payment solutions that align with business needs and industry standards.

(Knowledge of pagoNext and CHIPS is preferred)

Key Responsibilities:

• Solution Architecture: Lead the design and architecture of real-time payment solutions using FED, CHIPS, and SWIFT. Define technical requirements, ensure system scalability, 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:
  • 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.
  • Proven experience as a Solution Architect or a senior role in payment systems or financial services technology.
• Functional Knowledge:
  • Strong functional knowledge of real-time payment systems and protocols (including transaction flows, settlement, and reconciliation processes).
  • Familiarity with the Federal Reserve's Real-Time Payment Network, CHIPS, and SWIFT messaging protocols and services.
• Technical Skills:
  • In-depth understanding of payment system architectures, API integrations, and modern payment processing technologies.
  • Expertise in , and other messaging formats used in the payment industry.
• Leadership & Communication:
  • Excellent problem-solving and leadership skills, with a proven track record of managing complex solution architecture projects.
  • Ability to communicate complex technical concepts to non-technical stakeholders and senior management.
  • 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.

Tekshapers is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.