Manager Consulting (Senior Manager Level) - Payment Card Network

Company: Cognizant
Location: Richmond
Posted on: October 31, 2024

Job Description:

Manager Consulting (Senior Manager Level) - Payment Card Network Banking & Financial Services Consulting Location: Chicago/ Richmond/ Virginia/Remote 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. Learn how Cognizant helps clients lead with digital at . 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. The Role Our Banking & Financial Services Consulting group is looking for a Manager Consulting to join our journey. We're looking for Consulting Managers who can deliver within Cognizant's Five Pillars of Consulting Excellence: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Manager, Consulting (which is a Senior Manager level position), this means a client-facing engagement, managing escalations, and serving as the owner of a workstream; maintaining expertise in your domain; contributing to the sales process through RPI development, client presentations, financial modeling, pricing strategy, and flawless delivery; creating service offerings and/or client partner training materials; and contributing to People Care initiatives, recruiting, and mentoring. Responsibilities

• Working with clients to define and execute product roadmaps and implementation roadmaps.
• Managing large-scale network transformation projects with a focus on:
  • Platform modernization - Auth Switch, Partner boarding platform, Disputes, Rewards and loyalty, and Clearing and Settlement.
  • Product innovation and partner onboarding and servicing.
  • Effectively manage engagement deliverables, risks, and issues.
  • Develop & document policies for managing digital content for clients.
  • Apply deep subject knowledge in the internal banking policy-making environment.
  • Familiarity with Intranet/internet technologies and the related policy environments.
  • Strong analytical skills and ability to convey trends and data analysis in verbal and visual mediums.
  • Polished business writing skills; ability to articulate thoughts into words; familiar with policy documentation.
  • Act as a trusted resource who understands client objectives, manages projects, and leads teams to deliver superior results.
  • Identify and support areas to build practice capabilities and presence, support service line development and case studies through the gathering of industry best practices. Qualifications
    • Bachelor's or master's degree from an accredited college or university, or equivalent relevant experience, with additional certifications preferred, but not mandatory.
    • 10+ years of business analysis experience in the banking/financial services industry with a focus on payment card network.
    • Demonstrated experience problem-solving and developing products from scratch.
    • Proven expertise in working on core capabilities of major payment card networks:
      • Network Authorization Switch.
      • Partner Onboarding (Issuers, Merchants, Acquirers, Wallets, and Fintechs).
      • Disputes.
      • Billing & Pricing.
      • Network Clearing and Settlements.
      • Network offers, Campaigns.
      • Strong understanding of payment network architecture, protocols (ISO 8583 and ISO 20022), and security standards (Encryption standards, Tokenization, Cryptography, etc.) and compliance (PCIDSS 4.0).
      • Experience in launching emergent products as part of the network portfolio: IoT payments, Digital currency payments acceptance, SoftPoS acceptance, BNPL, A2A (QR payments), and Push to Card payments.
      • Knowledge of regulatory requirements (Reg-E, Reg Z, etc.) and compliance standards relevant to payment networks.
      • Excellent relationship management skills.
      • Leadership and team management skills, with the ability to inspire and guide cross-functional teams towards a common goal.
      • Ability to travel if needed for business requirements. 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.
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Keywords: Cognizant, Alexandria , Manager Consulting (Senior Manager Level) - Payment Card Network, Executive , Richmond, Virginia