About the roleAs a
Senior Consultant in
Global Payments (ISO 20022), you will make an impact by driving analysis, specification, and documentation to support engineering teams delivering solutions for SWIFT MT-to-MX migration, ISO 20022 processing, and integration across payments ecosystems. You will be a valued member of the Capital Markets team and work collaboratively with engineering teams, payment platform stakeholders, and compliance systems.
In this role, you will:
- Elicit and document technical and functional requirements for ISO 20022 initiatives, translating CBPR+ guidelines and message definitions into detailed specifications
- Perform element-level data mapping between SWIFT MT and ISO 20022 MX messages, defining transformation rules, conditional logic, and exception handling
- Conduct technical gap analysis across payment platforms, middleware, and downstream systems to identify required changes and new components
- Define system behavior for MT/MX coexistence scenarios including truncation, character conversion, structured mapping, and fallback logic
- Support end-to-end delivery through interface specification, testing, defect triage, standards evaluation, and collaboration with screening and monitoring platforms
Work model - HybridWe believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring time in a client or Cognizant office. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. This may change based on the project you're engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations.
What you must have to be considered- 5-8 years of experience as a BSA, Technical Analyst, or Systems Analyst within payments technology or financial messaging
- Expert knowledge of SWIFT MT messages (MT103, MT202, MT202COV, MT199, MT900/910, MT950) and ISO 20022 schemas (pacs, camt, pain) including CBPR+ guidelines
- Strong experience with ISO 20022 data mapping, including transformation logic, conditional rules, and exception handling
- Proficiency with XML/XSD, XPath, and XSLT for message interpretation and transformation specification
- Experience defining integration logic for payment middleware and platforms (e.g., Volante, Bottomline, Axway, IBM MQ, Kafka, SWIFT Alliance)
- Strong SQL skills for data analysis, validation, and requirement verification
- Experience designing APIs, message queues, and file-based integrations within a payments ecosystem
- Familiarity with SWIFT infrastructure (FIN, FINplus, InterAct, FileAct) and correspondent banking models
These will help you succeed- Experience working with sanctions screening and transaction monitoring platforms from an integration perspective
- Knowledge of regulatory frameworks including travel rule (31 CFR 1010.410), FATF Recommendation 16, and OFAC screening requirements
- Experience modeling end-to-end payment flows using sequence diagrams, data flow diagrams, and state transition diagrams
- Ability to support testing, defect triage, and release cycles for SWIFT SR and ISO 20022 initiatives
- Strong collaboration skills to work across engineering, compliance, and payment platform teams
We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.
We regularly assess market data to ensure we offer a competitive compensation package for our associates. The base salary for this position ranges between $90,000 - $100,000 per year. Where the successful candidate may fall within the range depends on relevant education, work and/or management experience and other business-related and job-necessary qualifications. This position is also eligible for Cognizant's discretionary annual performance-based bonus, as well as benefits that support your physical, mental and financial wellbeing.
