SWIFT Payments Specialist / Engineer

Info Way Solutions; Boston (MA); On-site; USD 120,000 - 170,000; Full time

Job summary

State Street is seeking an experienced SWIFT Payments professional to support and enhance payment applications, ensuring secure, timely processing of financial transactions. You will design and support SWIFT-based solutions, work with MT and ISO 20022 messages, and handle wire and cross-border payments within a collaborative, regulated environment.

The role emphasizes analysis of failures and reconciliation, coordination with multiple technology teams, and maintaining up-to-date documentation

Qualifications

• 5+ years of experience in banking/financial services payments.
• Strong hands-on knowledge of SWIFT payment messaging.
• Experience with SWIFT MT messages and ISO 20022 MX messages.
• Understanding of payment processing lifecycle from initiation to reconciliation.
• Experience with SWIFT Alliance / Alliance Access / Alliance Gateway or similar SWIFT infrastructure.
• Knowledge of ISO 20022, payment modernization, and MT to MX migration.
• Strong understanding of wire payments and cross-border payment processing.
• Excellent problem-solving and analytical skills.

Responsibilities

• Design, develop, configure, and support SWIFT payment processing solutions.
• Work with SWIFT MT and ISO 20022 MX messages, including payment types.
• Support wire transfers, cross-border payments, ACH, and securities-related payments.
• Analyze failures, exceptions, and reconciliation issues and resolve them promptly.
• Collaborate with business analysts, payment operations, QA, and infrastructure teams.
• Perform requirements analysis, enhancements, testing, and production support.
• Monitor payment processing and investigate transaction-level issues.
• Participate in incident, problem, and change management processes.
• Ensure compliance with security, regulatory, and operational requirements.
• Develop and maintain technical documentation and procedures.

Skills

SWIFT payments

SWIFT messaging

SWIFT MT / ISO 20022 MX

SQL

Agile/Scrum

Wire and cross-border payments

Payment processing lifecycle

APIs

SWIFT Alliance / Alliance Gateway

Regulatory/compliance (AML, OFAC)

Job description

Experience: 5-10+ years

Job Summary

State Street is seeking an experienced SWIFT Payments professional with strong expertise in payment processing, SWIFT messaging, and financial services. The candidate will be responsible for supporting and enhancing payment applications and ensuring accurate, secure, and timely processing of financial transactions.

Key Responsibilities

• Design, develop, configure, and support SWIFT payment processing solutions.
• Work with SWIFT MT and ISO 20022 MX messages, including payment-related message types.
• Support payment flows such as wire transfers, cross-border payments, ACH, and securities-related payments.
• Analyze payment failures, exceptions, and reconciliation issues and provide timely resolution.
• Work closely with business analysts, payment operations, QA, infrastructure, and other technology teams.
• Perform requirements analysis, application enhancements, testing, and production support.
• Monitor payment processing and investigate transaction-level issues.
• Participate in incident, problem, and change management processes.
• Ensure solutions comply with financial-services security, regulatory, and operational requirements.
• Develop and maintain technical documentation and operational procedures.

Required Skills

• 5+ years of experience in banking/financial services payments.
• Strong hands-on knowledge of SWIFT payment messaging.
• Experience with SWIFT MT messages and ISO 20022 MX messages.
• Understanding of payment processing lifecycle, including initiation, validation, routing, settlement, and reconciliation.
• Experience with SWIFT Alliance / Alliance Access / Alliance Gateway or similar SWIFT infrastructure.
• Knowledge of ISO 20022, payment modernization, and migration from MT to MX.
• Strong understanding of wire payments and cross-border payment processing.
• Experience troubleshooting payment exceptions and production issues.
• Strong SQL skills for transaction investigation and data analysis.
• Experience working in Agile/Scrum environments.
• Excellent communication and problem-solving skills.

Preferred Skills

• Experience with SWIFT gpi.
• Knowledge of Fedwire, CHIPS, ACH, or other payment networks.
• Experience with The Clearing House / RTP or instant-payment systems.
• Knowledge of AML, sanctions screening, OFAC, and payment compliance.
• Experience with payment hubs or platforms such as Finastra, FIS, ACI, VolPay, or similar.
• Experience with API-based payment integrations.
• Cloud and microservices experience is a plus.