2244749No5439232510.00.004/27/2026Banking / Senior Principal, Business Consulting - Payments

Infosys Consulting's Financial Services Practice is seeking a Senior Principal Payment Modernization & Transformation Management Consultant. The ideal candidate should have good knowledge of electronic payments, high-value payment systems, the modernization of mainframes, and replacing them it COTS products or custom-built microservices.

The Role - What You'll Do

As a Senior Principal, you will work on strategic programs dealing with complex, industry-specific requirements, while further deepening knowledge in your respective area of specialization. You will independently deliver high quality solutions and actively build key client relationships.

Role Description:

• Manage the overall relationship of a biggest client (a large sized US Bank) across project delivery, BAU change delivery & Support.
• Key deliverables include product & customization delivery for FED ISO 20022. Managing FED certification & Other business and compliance projects related to MTS & UPF products of ACI.
• Managing Senior Management expectations of the client institution while keeping the profitability at the desired level.
• Orchestrating deliveries from internal teams and aligning to the program direction
• Collaborated closely with business & technical teams including architects to ensure clear understanding and efficient delivery of SWIFT GPI, Multi-country FI (Vostro) clearing propositions, MT101, Giftsoft integration for USA Payments and ISO 20022 payment initiation products. Mandated & drove the team towards embedding of STP in each of these initiatives ensuring efficiency and reducing operational risk.
• Implemented digital solutions including Trade Blockchain, Digital Payments, Host to Host and Internet banking Channels covering ISO 20022 cash management messages such as Pain 001, CAMT 052, 053 & 054, Mobile Banking Apps, AI/ML Driven Trade solutions & API lead innovation solutions
• Lead digital engineering teams handling Systems & technologies under Cash Management, Liquidity, Trade & Supply Chain finance, Corporate Channels, Corporate Credit Origination, Credit Administration & Customer Life Cycle Management functions
• Owned delivery of Strategic transformations and sustained smooth 'business as usual' through tactical initiatives. Adherence to Enterprise Architecture & Information security Guidelines, program governance, regulatory compliance needs, Finance frameworks etc.
• Driven Corporate banking business innovations through technology driven solutions in liaison between technology senior leadership and stakeholders for FAB UAE & US entities facilitating data-driven collaborative communication
• Aligned and harmonizing Business and IT Strategies and helping business and Operations functions in achieving their goals

Responsibilities:

• Detailed understanding and knowledge of ISO 20022 message standards.
• Have hands on exposure to CBPR+ and FEDNOW/ FEDWIRE demands for ISO 20022 through at least 1 full program completed and delivered.
• Data Solutions for payments monetization, data quality and lineage etc. (Can be separate specialist or in combination)
• RTP implementation experiences through products like FINASTRA, FISERV etc., will be a definite advantage.
• Decent awareness of tech stack under the hood and architectural awareness will be a significant plus for making the hiring opportunity to be more successful (coverage - micro services construct, cloud deployment knowledge etc.)
• Gather and analyze business requirements, processes, design and develop data maps required to support technology transformation initiatives.
• Collaborate with cross-functional teams across the client organization and Infosys on technology transformation programs and initiatives.
• Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation.
• Support business development activities ranging from leading or contributing to proposals and developing propositions.
• Develop market relevant points of view to generate and sustain presence in the marketplace.

Basic Qualifications:

• Bachelor's degree or foreign equivalent required.
• Minimum 9 years of relevant experience with at least 3 years of management consulting experience at a top-tier consulting firm
• Candidate should have a good knowledge of end-to-end value chain, architecture, and a good understanding of mainframe systems in the payments space.
• Experience in one or more domain areas - B2B Payments, Disbursements, Card Payments, Consumer/Retail Payments across origination, processing, clearing and settlement, servicing, and messaging. Hands-on experience with one or more of ISO 200022, electronic payments (Wires, ACH, Immediate Payments) in multiple geographies, Cross-Border Payments, Credit Card payments, Wallets is a must-have.
• Hands-on experience with market-leading Payment Hub products and Card Processors is a plus.
• At least one or two cycles of bank level payments modernization programs experience and have experience of running similar large complex technology programs
• Good knowledge and solution implementation experience of products and custom solutions for Fed WIRES, Canada Lynx and SWIFT cross border payment (high value payment solutions)
• Experienced in Engineering services, DevSecOps implementation management and Testing services Management
• Ability to travel as needed (typically up to 4 days/week) to client locations.
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time.

Preferred Qualifications:

• Certifications are preferred like Bank of international settlements /FED or any other internationally recognized institutes.
• MBA / Economics major at graduate level. 3-5 years of experience working on change initiatives in Banking or Payment Services firms working either directly or with a reputed professional services firm.
• Exposure to Real time payments TCH RTP and FEDNOW would be added advantage, or they can be looked at exclusive RTP requirements position
• Good knowledge and liquidity management (Nostro/Vostro) accounts and any solutions
• Experience in executing programs using Agile methodologies.
• Prior experience with market-leading Payment Hub products, Payment Processors, and Card Processors.
• Strong knowledge of one or more payment schemes for High Value, Mass Payments, Immediate Payments, and P2P Payments.
• Firm building experiences through pre-sales, thought leadership, industry research and visibility through industry forums.

The estimated total annual compensation (Base + Bonus) range for candidates based out on NJ, IL, NY, CA & WA will be $ 210,000 - $ 256,667

147299BRAnywhere in the US and/or Remote USAInfosys Limited Senior Principal - Business ConsultingITL USA Anywhere in the US and/or Remote BankingProcess|Consulting processes|Technology Consulting process Senior Principal, Business Consulting - Payments Modernization & Transformation

Benefits

Along with competitive pay, as a full-time Infosys employee you are also eligible for the following benefits:

• Medical/Dental/Vision/Life Insurance
• Long-term/Short-term Disability
• Health and Dependent Care Reimbursement Accounts
• Insurance (Accident, Critical Illness , Hospital Indemnity, Legal)
• 401(k) plan and contributions dependent on salary level
• Paid holidays plus Paid Time Off

About Us

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

EEO

Infosys provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.