Job Description

Risk & Control Payments Analyst

9 Month Contract (Possible Extension)

Hybrid/ 2-3 Days Onsite (Client located in New York, NY)

Work Schedule

Full Time – Monday-Friday

*Must be local to the New York, NY area

*Must be able to work on W-2 Basis

Job Description

Grow your career as a Risk & Controls Payments Analyst with an innovative global bank in New York, NY. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will develop and deliver end-to-end software solutions and work with project managers, business and senior managers to deliver well-architected scalable solutions in a timely project-oriented manner. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

JOB DESCRIPTION

Operations Optimization and Enablement (OOE) is a newly formed team designed to drive change and implement Operations strategy. Operations is helping to lead the company transformation agenda by rapidly scaling programs of work which will redefine core operations architecture and the processes they support. One key element of OOE is Movement of Funds – This team plays a crucial role in managing and refining risk associated with movements of funds – covering outgoing, incoming, and internal transfers. Focused on defining a clear payment risk appetite, consolidating and reporting payment risks as a unified entity, and harmonizing controls across the enterprise. Approach includes developing a cohesive framework for risk management and reducing reliance on detective controls by implementing proactive measures. By addressing these areas, the aim is to streamline processes, enhance financial stability, and ensure consistent, effective operations throughout the organization.

We are looking for independent contractors who bring a combination of senior subject matter expertise/business analysis/data analysis/program management to support the implementation of strategic controls related to payments and payments risk. Identified candidates will help delivery of control program execution across operations, technology, risk and control, and all lines of defense as applicable, ensuring the program parameters are fully defined and fit for purpose, and ensuring management and progress of the program is accurate, complete, on-time, and transparent to the constituent management teams.

• Work with Solution Leads to help co-ordinate and articulate the execution strategy, vision, and implementation approach for strategic payment control solutions
• Work with Solution Leads and partner with technology, inter/intra LoB teams, and lines of defense teams to synchronize execution, expose dependencies, evaluate execution risks, escalate issues, assess status, and bring reporting transparencies to the broader organization
• Work with Solution Leads to drive best practice execution and promote standardization and consistency for the payment control solutions
• Bring awareness, ideate improvements and solutions, and coordinate relationships to related programs, as necessary

Ensure all process and technology implementations for the controls meet Operations’ outcomes:

o Safe – Well controlled environment – Control framework, which is complete, timely, accurate and manageable

o Efficient – Highly automated – Emphasis on STP; no increase in manual work; exception-based processing; Simplified and consistent end-to-end process with clear roles and responsibilities across Operations and Finance

o Client-centered – Evolves towards same day / real-time operations and visibility (reporting) for Treasury, Operations, and clients

o Functionally complete – Supports both product-level and legal-entity level views

o Extensible design to accommodate future change

Skill Requirements

• Must have 7-10 + years of experience
• Must have strong understanding of payment flows, types, and messaging
• Domain expertise across Operations and Technology functions
• Large, complex implementation and transformation program expertise
• Hands-on Data Analysis experience
• Hands-on Program Management experience
• Hands-on Business Analysis experience
• Some proficiency in technology architecture, workflow, and tools to ensure efficient execution
• Change Management: Ability to plan, execute and monitor implementation

Knowledge of Markets, SSO, TTS, and Lending products from transaction booking to payments

• Leadership & effective communication
• Strong Stakeholder Management to ensure cross collaborative buy in
• Proficiency in negotiation to resolve conflicts, reach consensus and manage expectations
• Problem solving to address challenges and obstacles that arise during implementation, identifying solutions and making informed decisions
• Experienced leader, building and fostering a collaborative team environment, promoting teamwork, trust, and mutual respect
• Decision making: Decisive & data driven to provide clear guidance and alignment
• Adaptability: Ability to navigate the team through ambiguity and embrace change
• High emotional intelligence to navigate the team through a complex matrix of stakeholders

You Will Receive The Following Benefits:

Medical & Dental Insurance

Health Savings Account (HSA)

401(k)

Paid Sick Time Leave

Pre-tax Commuter Benefit

Applicants must be currently authorized to work in the United States on a full-time basis now and in the future.

Motion Recruitment provides IT Staffing Solutions (Contract, Contract-to-Hire, and Direct Hire) in major North American markets. Our unique expertise in today’s highest-demand tech skill sets, paired with our deep networks and knowledge of our local technology markets, results in an exemplary track record with candidates and clients.

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