Product Consulting Manager - Payments
Banking & Financial Services Consulting
San Francisco or Charlotte (Onsite)
About Us
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Learn how Cognizant helps clients lead with digital at www.cognizant.com.
COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide several Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high-performing organization continually expanding our client base and increasingly recommended by analysts such as Forrester and Gartner. And we are growing!
The Role
Our BANKING & FINANCIAL SERVICES CONSULTING PRACTICE group is looking for a Consulting Manager-to join our journey. This role requires cross border payments experience
The ideal candidate will possess extensive knowledge and experience in handling various payment rails, including Wire, Swift ACH, cross border payments, remittances, Visa Direct . This role requires a deep understanding of payment regulations, middle and back-office functions, fraud prevention, ISO standards, and payment modernization practices.
We are looking for Consulting Managers who can deliver within Cognizant’s Five Pillars of Consulting Excellence: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Consulting Manager, this means partnering with clients and project stakeholders, colleagues to clarify requirements and support delivery of effective solutions; applying technical and domain expertise to solve core client business challenges or inefficiencies; developing and strengthening domain knowledge and maintaining an accurate understanding of Cognizant’s industry propositions and consulting capabilities; supporting business development activities of senior leaders; contributing to the development of practice initiatives or new service offerings (e.g., Strategic Control Points, development of consulting assets); and being an inspiring colleague, promoting team motivation, partnership, and ownership for projects. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.
Our solutions are in demand and we’re passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!
Responsibilities
- Led the implementation and optimization of Wire, Swift ACH, RTP, FedNow, and Zelle payment systems.
- Collaborated with internal teams to design and deploy robust payment processing solutions.
- Good understanding of middle office and back office operations to streamline payment processing workflows.
- Payment Messaging: Thorough understanding of payment messaging with precision and ensure all communications are clear, accurate, and timely.
- Payment Processing: Understand end-to-end payment processing cycle, ensuring all transactions are executed efficiently and securely.
- Validation and Reporting: Conduct thorough validation of payment transactions and generate comprehensive reports to track payment activities.
- API Integration: Thorough understanding of payment APIs to streamline processes and enhance payment solutions. Ensure seamless integration and functionality.
- Message Mapping: Experience Mapping messages accurately to facilitate smooth communication between different payment systems.
- Merger Experience: Leverage experience with mergers to contribute valuable insights and support seamless integrations.
Qualifications
- Bachelor's degree in Finance, Business Administration, Information Technology, or a related field is preferred.
- 12 -14 years of experience in Finance & Accounting.
- Proven experience in payment messaging, processing, validation, and reporting.
- Strong knowledge of payment APIs and message mapping techniques.
- Experience with mergers and acquisitions is a significant advantage.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to work independently as well as part of a team.
- Excellent communication and interpersonal skills.
- Familiarity with industry-standard payment platforms and protocols.
- Proficiency in using financial software and tools for payment processing and reporting.
- Understanding of regulatory requirements and compliance standards in the payment industry.
- Advanced proficiency in Excel and other data analysis tools.
Work Authorization
- Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)
