Payments Consultant Job Description

Payments Consultant Job Description

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Payments consultant provides testing support to MasterCard customers for all products and services with a strong focus on MasterCard's emerging products and technologies.

Payments Consultant Duties & Responsibilities

To write an effective payments consultant job description, begin by listing detailed duties, responsibilities and expectations. We have included payments consultant job description templates that you can modify and use.

Sample responsibilities for this position include:

Distinguished by additional specialized knowledge in breadth and/or depth, record of success in solutioning and upsells
Independently conduct and coordinate in-depth cyber security assessments, including assessments of our international business partners based on Data Security policies, industry standards, guidelines and best practices
Perform unit testing, functional testing and integration testing
Be accountable for individually assigned sales and signing targets, client engagement progression and results
Maintain commercially valuable client relationships
Advising businesses on upcoming regulatory changes
Use of an unsecured line of credit
Maintain high levels of product and service knowledge about the Corporate and OPEN suite of products and solutions and clearly communicate appropriate product features and benefits to prospects and their stakeholders
Develop and enhance Discovers Information Security Compliance (DISC) program which focuses on the security controls at our merchant and service provider partners
If the prospect if best fit for corporate product suite, Membership Advisor will seamlessly refer the lead to Large Business team

Payments Consultant Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Payments Consultant

List any licenses or certifications required by the position: RTE, DCI, ISO, UX, UI, CSM, PMP, APMP, CISSP

Education for Payments Consultant

Typically a job would require a certain level of education.

Employers hiring for the payments consultant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Computer Science, Finance, MBA, Business, Business/Administration, Education, Engineering, Economics, Information Systems, Technical

Skills for Payments Consultant

Desired skills for payments consultant include:

Bank products and services
Commercial credit and credit quality
Deposit products and treasury management services
Client service issues and organization operations
Product marketing
Breadth
Company products and services and may be tasked with introducing new products
Depth
Emerging technologies and the travel industry
Payment / card industry technology

Desired experience for payments consultant includes:

Ability to keep key stakeholders appraised of progress and issues
Availability to travel as project/customer requirements demand
Availability for International Travel as project/customer requirements demand
Project Management discipline (e.g., Risk/Issue identification and tracking, time and budget management)
Bachelor’s Degree in Business, Economics, Finance, Accounting, Mathematics, Computer Science or a related field
Experience in designing professional externally facing reports

Payments Consultant Examples

1

Payments Consultant Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of payments consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for payments consultant
  • Collaborate with Business Analysts, Product Owners, Tech Managers and Stakeholders as input to feature/requirement gathering/creation
  • Collaborate with the Product Managers to ensure the business vision is captured accurately
  • Define and re-engineer processes to integrate products into business as usual activities of other teams
  • Provide project status reporting and other formal/informal communications regarding initiatives, issues, and achievements for a variety of audiences including internal and external business partners, and senior management
  • Support project efforts in the creation of plans to gain and maintain alignment of delivery success criteria with business partners
  • Accountable for identifying needs, securing commitments and monitoring progress of deliverables from various business units, legacy teams and technology teams
  • Coordinate Line of Business release implementation (including process documentation)
  • Responsible for providing the overall view for Business Implementation
  • Ensure all necessary stakeholders are communicated to and involved in implementation at the work stream level
  • Partner with other work stream project managers to ensure dependencies and timelines are aligned with the program timeline
Qualifications for payments consultant
  • 7 years of progressive related experience with proficiency and understanding in functions, including 2+ years of experience in process-related roles, and 2+ years in a banking or financial services environment
  • Serve as 2LoD day-to-day contact for all operational Payments Risk issues in coordination with other 2LoD risk oversight functions
  • Managing Card Management Systems including subsystems such as SmartData
  • Ideally will have previous experience within Lending & Payments Compliance and upcoming regulations
  • Prior experience in working for a management consulting company or financial institution
  • First experience in Project management, Business Analysis and/or technology implementation projects
2

Payments Consultant Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of payments consultant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for payments consultant
  • Assist the product manager in building high level product roadmap
  • Develop partnership relationships with Other Technical and Operational Teams and maintain working rapport with others, leveraging these relationships to meet common project milestone/goal
  • Lead and facilitate project status meetings
  • Partnering with sales representatives and relationship managers to understand customer requirements and define the best complete solution for their business needs
  • Know how CFOs and CMOs measure their business
  • Know the relationship and differences between customer lifetime value and enterprise value and when to apply them to build a business case
  • Create value-selling tools and iteratively evolve them to help the Customer Success team effectively make the business case for value creation opportunities
  • Functioning as domain expert and Deliver advise (both business side and technical side) to customers for their cloud based payment projects
  • Working together with customer on cloud based payment implementation and testing projects for parties in the industry (back end system implementation, HCE app implementation, card profile definition and testing activities for cloud based payment products)
  • Coaching junior employees
Qualifications for payments consultant
  • Collection and Recovery
  • Fraud, risk & identity management
  • Digital Payment solutions
  • A Bachelor’s, Master’s, Diploma and/or PHD degree
  • German and English language proficiency
  • Minimum 5 years of experience in Consultancy positions
3

Payments Consultant Job Description

Job Description Example
Our company is hiring for a payments consultant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for payments consultant
  • Pre-sales support from content perspective in the cloud based payment domain
  • Helping clients in attaining their business ambition
  • Defining, developing and program verification according to client requirements, international payments standards
  • Defining and program verification according to client requirements, international payments standards
  • Leverage industry expertise and known best practices to expand and cross-sell B2B charge volume growth opportunities
  • Act as B2B knowledge champion for the LM organization
  • Analyze complex customer AP data sets and provide insights to understand and prioritize B2B opportunities
  • Drive the strategy for client meetings and discussions
  • Influence leadership to be agile with decision making and escalation as needed
  • Employ Challenger Selling Model with clients--teaching, problem-solving, and tailoring sophisticated B2B solutions to meet stated objectives
Qualifications for payments consultant
  • Minimum 5 years of experience in the field of Payments for medium to large clients
  • Proficient in Agile methodology, including backlog grooming, writing user story, interactive engagement with Scrum Master, SMEs and other Product Owners
  • Experience in designing user interfaces, and overseeing a process to ensure alignment between internal/external customer/client needs is preferred
  • Educational Qualifications- Bachelors
  • Excellence in Marketing Automation (Marketo a plus)
  • CRM experience (Salesforce preferred)
4

Payments Consultant Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of payments consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for payments consultant
  • Support the innovation and delivery of next generation products and capabilities via engagement with key partners
  • Solicits and maintains a network of prospects
  • Provide strategic and business oversight for the standards development
  • Recommend and manage the direction of the standards
  • Monitor new developments in payments specifications and standardization organizations
  • Improve, update, and implement best practices for department processes, practices, and programs, including efficient workflow, customer service, benchmarks, and training tools for standards awareness
  • Look for opportunities to grow new business through products and services that can be initiated from the development of new standards
  • Deliver EPP overview presentations internally to various levels within the organization and externally to Payments Network Customer and Partners
  • Collaborate with marketing professionals to produce presentation decks, product guides, articles, and other documentation for internal & external use
  • Manage and forecast cost center marketing expenses
Qualifications for payments consultant
  • Ability to represent the team and be a key player in an integrated team
  • Payments strategy & integration
  • Interactive customer management
  • Core payment processing & re-architecture
  • Payment Terminals
  • Digital and Omnichannel Banking– Mobile/ Online/ New Channels
5

Payments Consultant Job Description

Job Description Example
Our company is searching for experienced candidates for the position of payments consultant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for payments consultant
  • Practice Leadership - Active member of Banking Practice
  • Knowledge of domestic processing systems including Real Time Gross Settlement (RTGS) and Direct Entry
  • The ability to work to set guidelines and procedures when required
  • Knowledge of Australian Payments Clearing Association (APCA) and Bulk Electronic Clearing System (BECS) procedures preferred
  • Possess tertiary qualifications, preferably with a degree in a finance or business discipline
  • Use data insights and product management discipline to proactively identify opportunities to grow volume, reduce costs and improve retention
  • Lead a range of well-planned online marketing campaigns, refining approach and identifying new opportunities
  • Assist in the development of the product strategy, involving extensive product research to understand competitor activity and emerging market trends locally and globally
  • Business case preparation and providing SME project support
  • Management of all product interfaces including channels, operations, collateral and sales specialists to provide a seamless customer experience
Qualifications for payments consultant
  • Core Payments and/ or Cards Payments (issuing, acquiring)
  • Alternative Payment Methods and Payments Innovation(e.g.Bitcoin, E-Wallets, Blockchain)
  • Payments Regulation
  • Fraud detection and prevention in Payments
  • Delivery experience in Core Banking/ Payment systems implementation and related organizational impacts (functional, business requirements, processes, roles, ) will be an asset
  • Good mix and exposure to Business and Technology (operations, technology, front office, contact center, Internet Banking, Branch banking & Back office operations)

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