About Cognizant ConsultingCognizant Consulting is more than Cognizant's consulting practice—we're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we're looking for our next colleague who'll join us in shaping the future of business. Could it be you?About the roleAs a Senior Consultant in Global Payments (ISO 20022), you will make an impact by driving analysis, specification, and documentation to support engineering teams delivering solutions for SWIFT MT-to-MX migration, ISO 20022 processing, and integration across payments ecosystems. You will be a valued member of the Capital Markets team and work collaboratively with engineering teams, payment platform stakeholders, and compliance systems.In this role, you will:Elicit and document technical and functional requirements for ISO 20022 initiatives, translating CBPR+ guidelines and message definitions into detailed specificationsPerform element-level data mapping between SWIFT MT and ISO 20022 MX messages, defining transformation rules, conditional logic, and exception handlingConduct technical gap analysis across payment platforms, middleware, and downstream systems to identify required changes and new componentsDefine system behavior for MT/MX coexistence scenarios including truncation, character conversion, structured mapping, and fallback logicSupport end-to-end delivery through interface specification, testing, defect triage, standards evaluation,



and collaboration with screening and monitoring platformsWork model – HybridWe believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring time in a client or Cognizant office. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.The working arrangements for this role are accurate as of the date of posting. This may change based on the project you're engaged in, as well as business and client requirements. Rest assured; we will always be clearabout role expectations.What you must have to be considered8+ years of experience as a BSA, Technical Analyst, or Systems Analyst within payments technology or financial messagingExpert knowledge of SWIFT MT messages (MT103, MT202, MT202COV, MT199, MT900/910, MT950) and ISO 20022 schemas (pacs, camt, pain) including CBPR+ guidelinesStrong experience with ISO 20022 data mapping, including transformation logic, conditional rules, and exception handlingProficiency with XML/XSD, XPath,



and XSLT for message interpretation and transformation specificationExperience defining integration logic for payment middleware and platforms (e.G., Volante, Bottomline, Axway, IBM MQ, Kafka, SWIFT Alliance)Strong SQL skills for data analysis, validation, and requirement verificationExperience designing APIs, message queues, and file-based integrations within a payments ecosystemFamiliarity with SWIFT infrastructure (FIN, FINplus, InterAct, FileAct) and correspondent banking modelsThese will help you succeedExperience working with sanctions screening and transaction monitoring platforms from an integration perspectiveKnowledge of regulatory frameworks including travel rule (31 CFR 1010.410), FATF Recommendation 16, and OFAC screening requirementsExperience modeling end-to-end payment flows using sequence diagrams, data flow diagrams, and state transition diagramsAbility to support testing, defect triage, and release cycles for SWIFT SR and ISO 20022 initiativesStrong collaboration skills to work across engineering, compliance, and payment platform teamsWe regularly assess market data to ensure we offer a competitive compensation package for our associates. The base salary for this position ranges between $100,000 - $127,500 per year. Where the successful candidate may fall within the range depends on relevant education, work and/or management experience and other business-related and job-necessary qualifications. This position is also eligible for Cognizant's discretionary annual performance-based bonus, as well as perks that support your physical, mental and financial wellbeing. #J-18808-Ljbffr

📌 Consulting Manager, Payment Services (Toronto)
🏢 Cognizant
📍 Toronto