FS PR, Business Consulting – Payments Functional Program Manager

Infosys

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profile Job Location:

Boston, NH - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Principal Business Consulting Payments Functional Program Manager
Practice: Financial Services Infosys Consulting
Focus: High Value Payments (HVP) Modernization ISO 20022 COTS on Microservices Agentic AI

Role Summary
Infosys Consultings Financial Services practice is seeking a seasoned Functional Program Manager to lead a Payments Modernization program for a Tier 1 financial institution. You will drive the replacement of legacy mainframe systems with a COTS product and forward engineer rail agnostic capabilities on a cloud/microservices platform incorporating agentic AI to enable intelligent future ready payment flows.
This is a high impact client facing role(s) requiring deep payments expertise strong program leadership and a track record of delivering complex transformations in regulated environments.

What Youll Do
  • Own the client relationship across transformation delivery BAU change and support for a large U.S. bank; manage senior stakeholder expectations while maintaining profitability and growth.
  • Lead platform modernization that includes but not limited to reverse engineering of legacy mainframe platforms forward engineering COTS product implementation and upstream/downstream integrations.
  • Direct ISO 20022 adoption and certification (e.g. Fedwire/FedNow CBPR); guide product configuration and customizationespecially for ACI MTS and UPF.
  • Govern program financials: budgeting milestone billing forecasting pipeline management and margin integrity.
  • Set payments architecture direction: advocate rail agnostic orchestration microservices patterns cloud deployment models and event driven integration.
  • Shape and integrate agentic AI interventions across journeys (ops automation dispute/exception handling reconciliation data quality monetization).
  • Lead cross functional teams (client & Infosys) to gather requirements design data maps ensure traceability and manage risk/issue remediation.
  • Support business development: solutioning proposals thought leadership market relevant POVs.
  • Ensure compliance with PCI DSS/AML/KYC resiliency observability and operational excellence.
  • Not a pure BA rolewere seeking leaders who can span program delivery architecture direction and domain depth.

Role Tracks (You may align to one primary track and flex across others)
  • Program Management (Payments Modernization)
  • Drive multi year HVP modernization with COTS integrations ISO migrations certification and executive governance.
  • Enterprise / Solution Architecture (Payments)
  • Define target state (rail agnostic ISO native) microservices reference architecture messaging integration patterns security and scalability.
  • Payments SME / Advisory
  • Lead consulting engagements across HVP RTP cross border treasury and ISO 20022; shape roadmaps operating models and AI enabled capabilities.
Required Qualifications
  • Bachelors degree (or foreign equivalent).
  • 7 years in payments/financial services with 3 years in management consulting at a top tier/professional services firm. (10 years overall experience preferred for a principal.)
  • Deep HVP domain expertise: Fedwire/CHIPS CBPR cross border and ISO 20022 message standards (pacs/camt/pain; mapping validation enrichment).
  • Delivered at least one end to end ISO 20022 migration for CBPR and/or Fedwire/FedNow: experience with certification and market testing. (Cards professionals are welcome with consumer and commercial card solutions E2E implementation experiences)
  • Hands on experience across payments value chain at enterprise and ecosystem level: origination processing clearing/settlement servicing messagingB2B disbursements consumer/retail.
  • Experience with COTS Payment Hubs and processors (e.g. ACI MTS/UPF Finastra Fiserv) and complex integration in regulated environments.
  • Solid understanding of legacy mainframe payment systems and modernization patterns.
  • Proficiency in program governance & financials stakeholder management issue/risk management and executive communication.
  • Familiarity with cloud & microservices constructs (e.g. containerization APIs event streaming) and DevSecOps/testing management.
  • Ability to travel extensively.
  • 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: PMP/PRINCE2/SAFe; TOGAF 9.2/10 (for architecture track); ISO 20022 certifications; BIS/Fed or equivalent; Agile delivery.
  • RTP expertise: TCH RTP and FedNow implementation; vendor experience (Finastra Fiserv) is a plus.
  • Liquidity/Treasury: Nostro/Vostro cash & liquidity management payables/receivables collections.
  • Cross rail expertise: HVP mass payments (ACH) immediate payments (RTP/FedNow) P2P card (retail & commercial) tokenization stablecoins (awareness).
  • Data & Engineering: lineage quality metadata monetization; Kafka/event streaming; API management; observability; resiliency engineering.
  • AI in Payments:Machine Learning & Predictive Modeling (fraud risk anomaly detection forecasting); GenAI/LLMs for ops automation dispute handling policy interpretation developer/API copilots and RAG; Reverse/forward engineering accelerators; MLOps and responsible AI (XAI bias/fairness).
  • Firm building: pre sales POVs conference visibility industry research.

Core Skills & Ways of Working
  • Thought leadership and structured problem solving; crisp storytelling for C Suite.
  • Numbers driven program leadership: budget schedule scope and benefits realization.
  • Stakeholder management across technology operations risk/compliance product and external networks.
  • Hands on orientation with the ability to go deep on requirements mappings and validation without losing the big picture.

Responsibilities Snapshot (Illustrative)
  • Stand up and run a multi wave ISO 20022 program (CBPR Fedwire FedNow).
  • Lead COTS hub implementation (e.g. ACI MTS/UPF): product fit customization integration certification.
  • Define target state architecture (rail agnostic orchestration microservices APIs streaming).
  • Implement AI/LLM use cases in payments ops exception management reconciliation and data monetization.
  • Deliver RTP via leading products (Finastra Fiserv) as an advantage.
  • Manage DevSecOps and testing services; ensure performance resilience and compliance.
  • Build data maps and transformations for message conversion and canonical models.
  • Drive pipeline expansion and support pursuits with solutioning and differentiated PoVs.

The estimated total annual compensation (Base Bonus) range for candidates based out on NJ IL NY CA & WA will be $168000 to $234000

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 Consulting is a next-generation consulting partner that bridges strategy and execution. With an AI-first mindset deep industry knowledge and the combined strengths of business and technology consulting it helps enterprises turn bold vision into tangible outcomes faster smarter and at scale.
Infosys Consulting is helping some of the worlds most recognizable brands transform and innovate. Our consultants are industry experts that lead complex change agendas driven by disruptive technology. With offices in 20 countries and backed by the power of the global Infosys brand our teams help the C-suite navigate todays digital landscape to win market share and create shareholder value for lasting competitive advantage.


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.


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Principal Business Consulting Payments Functional Program ManagerPractice: Financial Services Infosys ConsultingFocus: High Value Payments (HVP) Modernization ISO 20022 COTS on Microservices Agentic AIRole SummaryInfosys Consultings Financial Services practice is seeking a seasoned Functional P...
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