SENIOR CONSULTING MANAGER, PAYMENTS

Senior Consulting Manager, Payments

Banking & Financial Services

Chicago, IL

ABOUT US

Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant, a member of the NASDAQ-100, is ranked 195 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com.

COGNIZANT CONSULTING

Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we’re growing!

The Role

Our Banking & Financial Services group is looking for a Senior Consulting Manager, Payments to join our journey. We’re looking for someone who is passionate, high energy, and can offer different perspectivevs and new ways of thinking. As a member of our team, you will be responsible for acting as a Senior Business Analyst in Wealth Management projects, working with ISO 20022 standards.

We’re looking for Senior Consulting Managers who can deliver within Cognizant’s Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Senior Manager, Consulting (which is a Senior Manager level position) this means leading a team of Consultants through a client-facing engagement, managing escalations, and serving as a the owner of a workstream; maintaining expertise in your domain; meaningfully contributing to the sales process through a mix of RPI development, client presentations, financial modeling, pricing strategy, and flawless delivery; creating service offerings and/or client partner training materials; and contributing to PeopleCare initiatives, recruiting, and mentoring. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.

Our solutions are in demand and we’re passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!

Responsibilities

• Consult directly with our clients and provide advisory services designed to help them solve their most complex business and technology challenges

· Act as a senior business analyst in wealth management projects, contributing expertise from prior business analysis or consulting roles at a financial institution.

· Analyze and interpret ISO20022 messaging standards with a focus on payments (wires) and cash management workflows.

· Support CHAPS or SWIFT migration initiatives to MX standards through detailed requirements gathering and stakeholder coordination.

· Document functional requirements, write detailed business specifications, and support the technical implementation process.

· Participate in agile ceremonies and adapt comfortably to agile, waterfall, or hybrid delivery models.

· Facilitate requirements gathering sessions, maintain product backlogs, and develop business cases that align business and technology objectives.

· Write clear and concise user stories, conduct data mapping, and validate business logic across systems.

· Leverage domain knowledge of wealth and taxonomies to assess money movement, operational risk, and regulatory compliance implications.

Qualifications

• The track record and 10+ years of experience to achieve the above, which includes ideally 6 years of management consulting experience, where at least 2 of those (though ideally 4+) have been Digital technology (business or technical consultative) team lead experience
• Experience in wealth management transformation projects, preferably within a consulting environment.
• Strong understanding of ISO20022 and SWIFT/CHAPS standards.
• Skilled in functional documentation, process design, and bridging business-technology gaps.
• Proficient in writing user stories, working with data dictionaries, and managing product backlogs.
• Hands-on experience in agile environments and familiarity with traditional SDLC models.
• Subject matter expertise in money movement, payment processing, and risk-sensitive areas in the wealth domain.
• MBA or PGDM degree Preferred
• Chicago, IL for hybrid work model Preferred

· Personal leadership and a desire to create a culture that enables exceptional outcomes; the embodiment of Cognizant’s Core Values of: Start with a point of view; Seek data, build knowledge; Always strive, never settle; Work as one; Create conditions for everyone to thrive; Do the right thing, the right way.

Work Authorization

· Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

• Medical/Dental/Vision/Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term/Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.