Principal, Solution Architect

Role - Principal, Solution Architect
Summary:
This is a Solution Architect role within the Cash IT organization requiring Solution accountability and responsibility towards framing solutions that comprise products/capabilities across the Cash IT organization. Will be responsible for working across the Cash tech organization to provide solution consulting expertise to enhance our capabilities in Balances domain. This position will be responsible for ensuring consistent architectural practices are followed that result in stable, scalable systems that meet performance, functional and business requirements. The Solution Architect will interface with Business and Enterprise Architects to formulate the high level solution that meets the Business intent. Will also work with technical architects to ensure timely Solution delivery and a robust product. Will work with other stakeholders within IT and the business to guarantee alignment of priorities and consistent approaches. The Global Cash IT team is responsible for delivery for all of the bank's application software related to payment processing for domestic and cross border payments through various market channels. The Global Cash IT team also manages our application software related to client facing and internal digital channels for input of global custody and banking activity. Another critical function is to provide a rich set of capabilities via Balance sub-domains, which includes DDA management, liquidity and payment life cycle management and sweep capabilities. The successful candidate will provide solutions consulting across the functional portfolio within the Global Cash IT team, with the primary focus on Balances domain comprising DDA, Sweeps and Liquidity capabilities.
Major Duties:

1. Participate in initial project kick-off meetings with Business and frame the solution context having understood the Business intent and purpose.
2. Work with Business and Enterprise Architect to ensure that the solution meets the strategic direction and intent of the Enterprise. Use such feedback and guidance to take the preliminary solution design for Design Authority review.
3. Participate in Architecture Continuous exploration sessions to generate features to implement the framework. Generate and enhance context diagrams to guide the technical architecture and design.
4. Work closely with the cash development teams to provide a cohesive and consistent approach to integrate all of the financial systems within the cash domain. Ensure that solutions are robust and remain up to date and utilize proven technology that is sustainable and does not become outdated.
5. Consult with technology and business stakeholders to evaluate and recommend techniques, practices, or technologies to ensure efficient, flexible and resilient application architectures.
6. Participate in evaluating, selecting, and applying solutions to meet business and technology capability needs.
7. Provide input into strategic planning and long-range direction for applications solutions for our cash systems.
8. Provide guidance, direction, and mentoring in support of implementing solutions around the bank's cash processing requirements.
9. Develop and maintain knowledge & expertise of Cash domain business patterns to inform application architecture decisions and direction.
10. Participate in technology solution evaluation and design including proof-of-concept work and cost/effort estimation.
11. Work with cash business stakeholders to understand and evaluate functional and non-functional requirements as input to application architecture solution decisions and direction.
12. Participate in governing, developing, and implementing application architecture standards and principles used by developers to deliver efficient, resilient, and secure technical solutions.

Qualifications:
A college or university degree in Computer Science and/or related discipline is required including a minimum of ten years of work experience in information system development and solution/technical architecture. The ideal candidate will have relevant experience in the Financial Services industry with specialization in Core banking capabilities and High Value Payments processing.
Relevant Financial Service Experience:

• Experience or familiarity with Demand Deposit Account applications such as Oracle Flexcube or Temenos is necessary.
• Experience or familiarity with solutions for complex intercompany lifecycle management and Nostro management is highly desirable
• Experience with Bank Sweep products like Intellect and Liquidity management products.
• Payment System Experience and familiarity with payment processing Lifecyle and workflows.
• Experience with Fund Administration, Custody Accounting, Liquidity Management, Cash Sweeps would be highly desirable.
• Experience with payment direct clearing schemes
• Experience with financial application integration, transformation, mapping
• Familiarity/Exposure with Swift messaging, Fedwire, CHIPS, BACS, SEPA is desirable.
• Familiarity with ISO 20022 would be relevant.

Relevant Technical Experience:

• Familiarity with payment processing lifecycle and workflows.
• Articulate and frame solutions using Visio or other industry standards tools like Sparx, Rational, MIRO.
• Understanding and familiarity with event-driven concepts and frameworks.
• Understanding and familiarity with Could and Micro-service based solution patterns.
• Software development lifecycle methodologies including Agile and Scrum
• Relational and no-SQL Database experience
• Experience with DataMesh and ability to plan for data products would be desirable.
• Should be able to relate to technical architecture based on Spring/Springboot.
• Should have past or recent experience with object oriented design patterns
• Should be able to engage in review of technical solution based on Micro-services architecture patterns, cloud architecture principles and patterns.
• Experience with cloud solution design would be high desirable.