Sr. Payments Engineer - (SWIFT & TCS BaNCS)

We are looking for an experienced Senior Product Engineer with strong expertise in SWIFT Payments and TCS BaNCS Payments to support enterprise payment platform initiatives within Business Platforms & Payments. The ideal candidate should possess strong experience in payment processing, SWIFT messaging, remittance operations, payment lifecycle management, and enterprise banking integrations.

The role requires a strong understanding of domestic and international payment processing, payment messaging standards, banking operations, and modern payment platforms within large-scale banking environments.

Key Responsibilities

• Design, develop, and support enterprise payment solutions using SWIFT and TCS BaNCS Payments.
• Analyze, enhance, and optimize payment processing workflows for high-volume banking transactions.
• Support end-to-end payment processing across domestic and international payment systems.
• Manage inward and outward Telegraphic Transfer (TT) payments and remittance confirmations.
• Perform payment reconciliation and ensure transaction accuracy across payment systems.
• Develop, maintain, and support payment interfaces between core banking systems and external payment networks.
• Integrate third-party payment gateways, APIs, and banking services.
• Configure and support SWIFT payment interfaces and payment routing solutions.
• Work closely with business users to understand payment requirements and translate them into technical solutions.
• Support production incidents, root cause analysis, issue resolution, and payment monitoring.
• Ensure compliance with banking regulations, payment standards, and internal security policies.
• Participate in Agile ceremonies including sprint planning, backlog grooming, stand-ups, and retrospectives.
• Collaborate with Product Owners, Business Analysts, Architects, QA teams, and Operations to deliver high-quality payment solutions.
• Prepare technical documentation, solution designs, and implementation guides.
• Support payment modernization and digital transformation initiatives.

Required Technical Skills

• Strong hands-on experience with SWIFT Payments.
• Strong experience working on TCS BaNCS Payments platform.
• Expertise in payment processing and payment lifecycle management.
• Experience handling:
• TT Payments
• Inward Payments
• Outward Payments
• Remittance Processing
• Payment Reconciliation
• Strong understanding of:
• SWIFT MT Message Formats
• ISO 20022 Payment Messaging
• Payment Validation
• Payment Routing
• Experience integrating payment systems with:
• Third-party APIs
• Payment Gateways
• External Banking Systems
• Strong understanding of REST APIs and enterprise integrations.
• Experience working with enterprise banking applications and payment platforms.
• Good understanding of SQL and database concepts.
• Experience with production support, incident management, and troubleshooting.
• Knowledge of SDLC, Agile, and software engineering best practices.

Functional Knowledge

Strong understanding of:

• Domestic Payments
• International Payments
• SWIFT Network
• Cross-border Payments
• Telegraphic Transfer (TT)
• Remittance Processing
• Payment Investigation
• Payment Reconciliation
• Payment Compliance
• Settlement Processes
• Banking Payment Operations

Required Competencies

• Strong analytical and problem-solving skills.
• Excellent stakeholder management and communication skills.
• Ability to work effectively with Business, Operations, and Technology teams.
• Strong ownership mindset with focus on delivery quality and operational excellence.
• Ability to manage multiple priorities in fast-paced banking environments.
• Strong troubleshooting and production support capability.
• Experience working within Agile delivery teams.

Preferred Domain Experience

• Banking
• Financial Services
• Payments
• Core Banking
• Digital Banking

Nice to Have

• Experience with payment switches and enterprise payment hubs.
• Exposure to RTGS, ACH, Instant Payments, or Cross-border Payments.
• Experience with payment modernization initiatives.
• Knowledge of API-based payment architectures.
• Experience with cloud-native payment platforms.
• Understanding of regulatory and compliance requirements for banking payments.
• Exposure to DevOps and CI/CD practices.