Principal Architect (Cards & Payments)

Job Description:

Experience: 15+ Years

1. One or more of the following Credit Card Issuing Platform Expertise

2. Card Lifecycle Understanding (please look at top 8 pointers and Commercial Cards)

Card issuance, activation, renewal, replacement, Credit Limit management, Global/shadow/available balance,Cash limits, temporary limits

Clearing & Settlement - Visa Base II, Mastercard IPM/MCBS, Late presentments, interchange, FX, MCC, Transaction Category

ISO 8583 Authorization Expertise - Message parsing, DE mappings, Real Time decisioning, partial approvals, stand-in processing, Reversals

Posting & GL Architecture - Provisional vs final posting, Transaction processing, GL integration
Interest, Fees - Daily balance computation, Statement cycles

Disputes & Chargebacks - Representment, pre-arb, arbitration, Scheme reason codes

Fraud & Risk Decisioning - Fraud rings, AI enablement, Fraud product integrations - FICO Falcon/Feedzai/Actimize
Tokenization & Wallet Provisioning - Tokenization, MDES/VTS, Apple Pay/Google Pay provisioning

Loyalty & Rewards Architecture - Redemption: statement credit/catalog/PWP, Partner settlements

Regulatory & Compliance - PCI DSS, Data privacy (GDPR/DPDP), Scheme mandate implementation

Reconciliation & Exception Handling - Auth & Clearing, Posting & GL, Settlement & Cash

In this role, you will:

Understand the Design and Requirements and develop and execute custom application features and functions
Understand the BRD and break the requirements into MVP's and stories
Strong knowledge of more than 1 Card products
Accountable for end-to-end solution design; strategically aligned, cost effective architecture solutions that adhere to platform architecture roadmaps and overall enterprise architecture strategy
Working alongside a wide range of stakeholders, providing architecture direction and leadership to teams
Create relationships with sponsors to define and support business strategy and technology roadmaps
Able to manage risk; Effectively manage and escalate risks and issues
Ensure relevant architecture governance and standards are met
Mentor and support others
Partner with external suppliers to define architecture patterns and integration approaches
Stay up to date with technology trends and communicate to peers and stakeholders

To be successful in this role, you should meet the following requirements:

15+ experience in development and maintenance of complex banking applications such as credit card processing
Significant background in financial services or related industry. Lending or Cards experience is considered a plus.
Experience in delivering solutions over a number of years either as an architect or in roles other than architecture
Proven ability to deliver in a matrixed organisation, including working collaboratively and resolving conflicts
Able to work with ambiguous problems and create solutions through excellent analytical and problem-solving skills
Comfortable collaborating with a range of stakeholders to develop solutions, across both business and IT organisations
Knowledge of, or certification in at least one cloud platform
Excellent written and verbal communication skills, with the ability to adapt communications appropriately to the audience
Awareness of infrastructure, integration, data, messaging or security are also relevant technical skills.
Ability to be pragmatic, flexible, have a sense of ownership, develop networks, and be culturally sensitive are also relevant personal attributes.
Digital Banking Retail Experience (Cards or Loans preferable)
Full stack solution design skills (Web, App, API, Orchestration, Mainframe (not essential)
Cyber security mindset
Resilient and High Availability design experience
Cloud Certification

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