Payment Solution Architect

Tech Aalto Pte ltd; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Tech Aalto Pte ltd in Singapore is seeking a Payment Solution Architect to design and implement end-to-end payment system solutions. You will review legacy systems, model AS-IS vs. Target landscapes, and align with enterprise architecture principles while guiding delivery teams.

The role requires deep payments knowledge, strong analytical and communication skills, and the ability to work with internal teams and external vendors to ensure successful implementation.

Qualifications

• Experience in payments, cash management and transaction banking projects.
• Knowledge of core banking functionality and payment processing is a plus.

Responsibilities

• Design functional and technical solutions for payment system functions and integration points.
• Review current and legacy solutions and propose feasible target architectures.
• Collaborate with enterprise architects to ensure adherence to standards and guidelines.
• Draft AS-IS to Target landscape roadmaps for payment ecosystems.
• Influence best practices within the payment landscape and document dependencies.
• Develop end-to-end functional designs and present to architecture board.
• Work with internal and external stakeholders (SI partners, vendors) to deliver solutions.

Skills

Strong analytical skills

Excellent communication

Payments domain expertise

Stakeholder management

Problem solving

Teamwork and independence

Knowledge of cross-border payments

Job description

Role- Payment Solution Architect

Responsibilities

• Be part of the project team to design functional & technical solutions for payment system functions, APH Systems, integration with internal & external systems, and monitor implementation of the solutions.
• Review current and legacy solutions and provide feasible target solutions considering existing limitations, including modernization of legacy payment application.
• Work with Enterprise Architects and project teams to ensure solution architectures developed are complied with enterprise architecture principles, standards and guidelines. Act as the bridge between enterprise architecture and delivery.
• Prepare the journey landscape from AS-IS model to a Target Strategic landscape.
• Design and influence various market best practices deployed for payment landscape.
• Provide detailed study of AS-IS landscape and the dependencies there of from payment ecosystem perspective.
• Design highly critical system/application according to business expectations and existing constraints, through both tactical and strategic solutions.
• Develop, document and present distinct and end-to-end functional solutions to architecture board and ensure the implementation team delivers as per the design.
• Work closely with internal and external stakeholders (SI partners, product vendors) to deliver end to end solution.

Primary Skills

• Strong analytical skills and attention to details
• Strong verbal and written communication skills
• Excellent interpersonal and negotiation skills
• Able to work independently as well as within a team to tackle issues & identify solutions in a timely manner
• In depth experience in payments, cash management and transaction banking projects
• Good Technical & Operational understanding of Payments & Collections/Receivables (Cross-border TT, RTGS, ACH Bulk Payments, Direct Debit, Internal Transfer, Instant/FAST payments, Virtual Account, etc)

Secondary skillset (good to have)

• Sound knowledge of Core Banking functionality, General Ledger posting, Pymt FX processing, STP efficiency, AML requirements, Reconciliation and Cashflow.
• Good knowledge of regional regulatory requirements and payments related risk controls and governance
• Experience in Supply Chain Finance, Trade Finance, cheques and Loans processing
• Strong operations and/or Testing background