Job
Description
Job Summary Synechron seeking a highly skilled and experienced Payment Subject Matter Expert with a strong focus on banking payment processes, particularly within the Australian banking environment. The SME will provide deep domain expertise in payment operations such as Debit Orders, Mandate Management, Payment Orders, and related functionalities. Key Responsibilities: Serve as the primary expert on all payment-related processes, standards, and regulations specific to Australian banking for Debit Orders, Mandate Management, and Payment Orders. Support the integration of payment systems with banking platforms, ensuring accurate processing of instructions and mandates. Provide subject matter guidance during system upgrades, new product launches, or regulatory changes impacting payment operations. Providing the functional support to team in understanding the lifecycle of mandates, including creation, amendment, expiry, and cancellation, ensuring compliance and security. Assist in reviewing and implementing compliance policies related to Debit Orders, Mandates, and Payments. Conduct training sessions and provide knowledge transfer to relevant teams on payment processes and best practices.. Functional Abilities & Skills: In-depth knowledge of Australian banking payment systems, including Debit Order processing, Mandate management, and Payment Orders. Familiarity with NPP (New Payments Platform), BECS (Bulk Electronic Clearing System), and other Australian payment infrastructures. Understanding of regulatory frameworks like APRA, ASIC, and BSP guidelines related to payments and mandates. Ability to analyse and interpret payment instructions and reconcile transactions. Experience with payment mandate lifecycle management, including enforcement of mandates and authorizations. Ability to work with cross-functional teams for system implementation, testing, and process improvement. Technical & Business Skills: - Strong grasp of payment flows, and settlement processes. - Knowledge of fraud prevention, security standards, and compliance (e.g., AML, KYC) as they relate to payments. - Effective communication skills to liaise with technical teams and customer stakeholders. Qualifications: Prior experience working with Australian banking institutions or payment processing is good to have Familiarity with relevant Australian payment standards, protocols, and regulatory requirements. Certifications related to payments, banking operations, or compliance are advantageous. Professional Competencies Strong analytical and problem-solving skills to address complex technical challenges Effective communication and stakeholder management abilities Leadership qualities in mentoring team members and driving technical discussions Ability to adapt quickly to changing project requirements and technological advances Innovation-driven mindset to explore new tools, frameworks, and best practices Strong organizational skills for managing multiple tasks and meeting deadlines
