Project description
A bank in UAE is embarking on a transformative Payment
Hub Program to enhance its payment processing capabilities, ensure compliance with regulatory mandates like ISO20022, and support multi-country, multi-scheme workflows across Corporate, Retail, and
Operational domains. To achieve seamless execution, the bank is seeking vendor expertise to establish robust program management and governance frameworks while designing and managing a scalable, secure, and complaint architecture that integrates with existing systems and supports future growth.
Responsibilities
Build a robust, scalable, future ready, target state and compliant architecture that integrates seamlessly with the bank's ecosystem and supports multi-scheme payment workflows
Technical Architecture:
Establish seamless integration with existing systems (e.g., core banking, middleware,
reconciliation tools) and external applications.
Ensure high performance, scalability, and fault tolerance for the Payment Hub platform.
Implement robust security controls to protect sensitive data during processing and storage.
Design and manage a hybrid infrastructure that supports on-premises systems for production and cloud environments for non-production phases (e.g., SIT, UAT).
Design APIs and microservices to ensure modularity, flexibility, and easier maintenance across integration points.
Functional Architecture:
Align architecture with regulatory standards, such as ISO20022 and central bank guidelines.
Ensure functionality supports Corporate, Retail, and Operations needs, including multi -scheme payment workflows.
Develop reusable components for future scheme rollouts to reduce time-to-market.
Enable dynamic rule-based workflows to adapt quickly to new payment schemes and regulatory changes.
Enable dynamic rule-based workflows to adapt quickly to new payment schemes and regulatory
changes.
Collaboration and Stakeholder Engagement:
Work closely with domain squads and platform squads to design and validate workflows and interface points.
Conduct workshops and deep-dive sessions to align the architecture with business priorities.
Documentation and Compliance:
Provide detailed architectural documentation, including:
Functional requirements.
Integration designs and workflows.
System scalability and performance guidelines.
Conduct regular reviews of architecture for compliance with internal and external standards.
Skills
Must have
MUST HAVE:
At least 8 years of professional experience prior experience of as an architect implementing large programs in Central Bank/ Regulatory payments area.
Experience of Payment Hub implementation and knowledge of Central Bank UAE payments scheme will be preferred.
Experience of working in large organization and collaborating with multiple entities/ department and managing sr. stake holders
Flexible to travel to bank's international location, if needed
Experience in reviewing the technical product / services contract and working with procurement and legal for closure and alignment
Nice to have
understanding/ experience of the following payment platforms/ Schemes: SWIFT, MUREX, Smart Stream (Cash Management System and Intraday Liquidity), Gloss
Experience in Banking/ FI in relation to payments standardisation, reconciliations, payments regulation, fraud, anti-money laundering, financial crime systems
Good understanding of the following operational areas: regulatory reporting, derivatives trade support, money market processing, bonds, collateral management, confirmations, credit control, fixed income trade support, loan participation, loan agency and settlements
0-2 0-2 2-5 5+ This field is required
Under the terms of your specific consent or to perform our obligations under a contract with you, as applicable, we, Luxoft Holding Inc. will manually and electronically process your personal data, specifically your first name, last name, phone number, e-mail address and other data you provide us through this form.
Within this context, we process personal data only for the specific purpose(s) indicated in the individual consent language or other notices provided below.
We will – insofar as reasonably necessary for the purpose you have agreed to and within the scope of applicable laws – transfer your personal data to other entities within the Luxoft Group and to the group of third party recipients listed in our Privacy Notice. Such Recipients can be located outside the European Union (EU) and/or the European Economic Area (EEA) (“Third Countries”). The Third Countries concerned, e.g. the USA, may not have the level of data protection that you enjoy e.g. under the GDPR. This can result in disadvantages such as an impeded enforcement of data subjects’ rights, a lack of control over further processing and access by state authorities. You may only have limited legal remedies against this. Insofar our transfer of your personal data to recipients in Third Countries is not covered by an adequacy decision of the EU Commission, we achieve an adequate level of data protection as further detailed out in our Privacy Notice.
With your consent, we personalise marketing communications to you by way of carrying out marketing research analysis, analysing the surfing-behaviour of our website visitors and to adjust it to their detected tendencies, as well as to plan more efficient future marketing activities. This personalised marketing does not include any automated decision-making activities.
Further information on how we process personal data in general is available in our . You may withdraw any given consent at any time. The withdrawal of your consent(s) will not affect the lawfulness of processing before its withdrawal. For any request in this context, please e-mail us at: DPO@luxoft.com.
Before uploading CV or any other information to this website, to learn more about your obligations and restrictions arising from the use of this website, please read our .
