Job Description:
* We are hiring a Payment Solution Architect for a leading Banking & Financial Services client. This is a strategic role that blends solution architecture with business analysis, focusing on SEPA, ISO 20022, and UK/EU payment systems.
* As a key player in the architecture and transformation space, you will collaborate with cross-functional teams to design modern, scalable, and compliant payment solutions across the European landscape.
Key Responsibilities
* Lead the solution design and architecture for payment systems across SEPA and UK schemes.
* Engage in end-to-end business analysis – from requirement gathering to stakeholder management.
* Develop high-level and low-level design documents, functional specs, and architecture blueprints.
* Drive and support SEPA SCT and SEPA Instant Payment implementations.
* Ensure alignment with ISO 20022 standards and manage migration or enhancement initiatives.
* Work closely with internal teams, product owners, compliance, and third-party vendors.
* Collaborate with technology teams on API designs, message schemas, and payment flows.
* Contribute to strategy discussions, payment innovation, and future-proofing initiatives.
Key Requirements
* Proven experience as a Payment Solution Architect or Solutions Architect (with Business Analysis Expertise) in banking or financial institutions.
* Deep understanding of SEPA (Credit Transfer & Instant) – functional and technical.
* Strong knowledge of ISO 20022 messaging standards (pacs.008, pacs.004, pain.001, camt.053, etc.).
* Hands-on experience with UK/EU payment systems such as CHAPS, BACS, Faster Payments, RTGS, TARGET2, or SWIFT.
* Excellent skills in requirement gathering, stakeholder management, and solution documentation.
* Familiarity with open banking, real-time payments, and regulatory compliance is a plus.
* Strong communication and documentation skills, with the ability to influence both technical and business stakeholders.
About Us:
* Ascendion is a global, leading provider of AI-first software engineering services, delivering transformative solutions across North America, APAC, and Europe. We are headquartered in New Jersey. We combine technology and talent to deliver tech debt relief, improve engineering productivity solutions, and accelerate time to value, driving our clients’ digital journeys with efficiency and velocity. Guided by our “Engineering to the power of AI” [EngineeringAI] methodology, we integrate AI into software engineering, enterprise operations, and talent orchestration, to address critical challenges of trust, speed, and capital. For more information, please go to www.ascendion.com.