At a Glance
- Tasks: Lead the Payments Transformation Project, ensuring successful implementation and integration of a new payments solution.
- Company: BACB is a UK bank specialising in trade finance, focusing on Africa and the Middle East.
- Benefits: Enjoy hybrid working with 3 days onsite and 2 from home, plus competitive pay.
- Why this job: Join a dynamic team driving innovation in banking and make a real impact on financial services.
- Qualifications: 7+ years in project management, ideally in banking; strong understanding of payment schemes required.
- Other info: Contract position with opportunities for professional growth and development.
The predicted salary is between 40000 - 60000 £ per year.
BACB plc City Of London, England, United Kingdom
Payments Project Manager
BACB plc City Of London, England, United Kingdom
5 days ago Be among the first 25 applicants
This range is provided by BACB plc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
About Us
BACB is a UK bank that offers trade finance and complementary products to clients in specialist markets, especially Africa and the Middle East.
We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK.
Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.
Additional Info
- Hybrid Working: 3 days onsite, 2 from home
- Location: City of London
- Contract Type: 6 months contract
Job Summary
The Payments Project Manager will lead the delivery of BACB’s strategic payments transformation initiative, overseeing the implementation of a new cloud-based payments solution and its integration with core banking systems. This role will be responsible for managing all aspects of the project lifecycle, from planning through to execution, ensuring alignment with business objectives, timelines, and regulatory expectations. The Payments PM will work closely with internal stakeholders, vendors, and delivery partners to coordinate resources, track progress, manage risks, and ensure successful cutover and adoption.
Key Work Outputs and Accountabilities
- Lead the end-to-end delivery of the Payments Transformation Project, including vendor onboarding, system implementation, and operational readiness.
- Own and maintain the project delivery plan, ensuring key milestones are met and dependencies are tracked and managed.
- Coordinate inputs across business, technology, and third-party vendors to ensure aligned and timely delivery.
Governance & Compliance:
- Ensure the payments implementation aligns with internal governance frameworks, change delivery standards, and external regulatory obligations (e.g. SWIFT, ISO 20022, FCA).
- Monitor and manage project risks, issues, and controls, escalating where required and ensuring mitigations are in place.
- Support audit readiness and contribute to regulatory submissions where relevant.
Stakeholder Engagement & Communication:
- Act as the central point of contact for all payments programme activities across internal teams (IT, Operations, Compliance, Risk) and external vendors.
- Provide regular progress updates to the Steering Committee and other senior stakeholders, including dashboards, risks, and decisions required.
- Maintain strong engagement with the vendor delivery teams and BACB SMEs to align design decisions with business outcomes.
Planning & Budget Management:
- Manage project budgets and ensure vendor invoicing aligns with contractual milestones.
- Support the development and tracking of implementation cost models, resource plans, and licensing/subscription forecasts.
- Work closely with the PMO and Finance to ensure costs are accurately reflected in programme reporting.
Testing & Cutover Coordination:
- Lead planning for testing phases, including UAT, integration testing, and regression.
- Ensure cutover planning, dress rehearsals, and go-live activities are defined, coordinated, and executed successfully.
- Support business readiness and transition-to-support planning post-implementation.
- Approved and tracked delivery plan for the Payments Programme.
- Risk, issue, dependency, and decision logs maintained and shared with governance forums.
- Successful implementation of the selected payments platform, meeting technical, operational, and regulatory requirements.
- Clear handover to BAU with support structures and controls in place.
Required Qualifications and Experience
Knowledge & Experience
- Minimum 7 years of experience in project management within banking or financial services, ideally including payments transformation programmes.
- Strong understanding of UK and cross-border payment schemes (e.g. CHAPS, Faster Payments, BACS, SWIFT MT/MX, ISO 20022).
- Experience in implementing third-party or SaaS-based payments platforms.
- Familiarity with core banking systems (preferably Temenos Transact) and integration with payment engines.
- Demonstrated track record of managing multi-vendor programmes and third-party delivery models.
- Experience working in mid-sized or regulated financial institutions advantageous.
Technical Skills
- Proficiency in MS Office tools (Excel, PowerPoint, Project) and project collaboration platforms (e.g. SharePoint, Teams, Jira).
- Strong delivery management skills including planning, RAID management, and resource coordination.
- Understanding of integration approaches (e.g. APIs, file-based transfer, SFTP) and testing cycles (UAT, SIT, Regression).
- Budgeting and cost tracking experience, including vendor invoice and milestone management.
Soft Skills
- Strong interpersonal and communication skills; able to influence and engage with technical teams, SMEs, and senior stakeholders.
- High level of ownership, accountability, and self-direction.
- Structured, proactive, and delivery-focused with attention to detail.
- Calm under pressure and comfortable operating in evolving programme environments.
Qualifications
- Degree in Business, Technology, or related field preferred.
- Recognised project management qualification (e.g. PRINCE2, PMP, or Agile certification) are highly desirable.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Contract
Job function
-
Job function
Project Management
-
Industries
Banking
Referrals increase your chances of interviewing at BACB plc by 2x
Get notified about new Project Manager jobs in City Of London, England, United Kingdom.
London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
City Of London, England, United Kingdom £50,000.00-£60,000.00 2 weeks ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 2 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 2 months ago
Greater London, England, United Kingdom 4 days ago
Greater London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 2 months ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 4 days ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Payments Project Manager employer: BACB plc
Contact Detail:
BACB plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payments Project Manager
✨Tip Number 1
Familiarise yourself with the latest trends in payments transformation, especially cloud-based solutions. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the banking and financial services sector, particularly those involved in payments. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for the role.
✨Tip Number 3
Prepare to discuss your experience with multi-vendor programmes and third-party delivery models. Be ready to share specific examples of how you've successfully managed these aspects in previous roles, as this is crucial for the Payments Project Manager position.
✨Tip Number 4
Understand the regulatory landscape surrounding payments in the UK and cross-border transactions. Being able to articulate how you would ensure compliance with regulations like SWIFT and ISO 20022 will set you apart from other candidates.
We think you need these skills to ace Payments Project Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project management, particularly in banking or financial services. Emphasise your familiarity with payments transformation programmes and any specific payment schemes you've worked with.
Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about the Payments Project Manager role at BACB plc. Mention your understanding of their focus on trade finance and how your skills align with their strategic payments transformation initiative.
Highlight Technical Skills: Clearly outline your proficiency in MS Office tools and project collaboration platforms. If you have experience with core banking systems or SaaS-based payments platforms, make sure to include that as well.
Showcase Soft Skills: BACB plc values strong interpersonal and communication skills. Provide examples in your application that demonstrate your ability to engage with technical teams and senior stakeholders, as well as your calmness under pressure.
How to prepare for a job interview at BACB plc
✨Understand the Payments Landscape
Familiarise yourself with UK and cross-border payment schemes such as CHAPS, Faster Payments, and SWIFT. Being able to discuss these in detail will show your expertise and understanding of the industry.
✨Demonstrate Project Management Skills
Prepare to showcase your project management experience, particularly in payments transformation programmes. Highlight specific examples where you've successfully managed multi-vendor projects and how you handled challenges.
✨Engage with Stakeholders
Be ready to discuss how you have effectively communicated with various stakeholders in previous roles. Share examples of how you maintained strong relationships with internal teams and external vendors to ensure project success.
✨Showcase Your Technical Proficiency
Brush up on your knowledge of integration approaches and testing cycles. Be prepared to discuss your experience with tools like MS Office, Jira, and any relevant project collaboration platforms, as this will demonstrate your readiness for the role.