At a Glance
- Tasks: Lead the tech direction for global payment systems and ensure seamless money movement.
- Company: Join Goldman Sachs, a leading global investment firm with a commitment to innovation.
- Benefits: Enjoy competitive salary, wellness programs, and opportunities for personal and professional growth.
- Other info: Be part of a diverse team that values inclusion and offers excellent career advancement.
- Why this job: Make a real impact in the fintech world while working with cutting-edge technologies.
- Qualifications: 12+ years in software engineering, with expertise in payments and leadership experience.
The predicted salary is between 90000 - 120000 € per year.
The VP of Money Movement Engineering will lead the strategic technical direction for our global payment infrastructure. This leader is responsible for the end-to-end lifecycle of money movement, from the implementation of domestic real-time rails (RTP, FedNow, Zelle) and legacy systems (ACH) to the integration of international standards like SEPA. You will be the primary technical authority for ensuring that our payment systems are scalable, resilient, and compliant with global industry standards (ISO 20022), while maintaining rigorous Service Level Agreements (SLAs) for millions of consumer transactions.
Key Responsibilities
- Payment Rail Implementation & Integration
- Domestic Rails: Lead the engineering and deployment of U.S. payment rails, including ACH, The Clearing House (TCH) RTP, FedNow, and Zelle.
- European Standards: Oversee the integration and maintenance of SEPA (SCT, SCT Inst, and SDD) to ensure seamless Euro-denominated transactions across the Single Euro Payments Area.
- ISO 20022 Migration: Drive the adoption of ISO 20022 messaging standards across all payment flows to ensure data richness, interoperability, and future-proofing of the payment stack.
- Scalability & Performance Engineering
- High-Throughput Architecture: Design and manage distributed, event-driven systems capable of processing high-volume consumer transactions at scale with sub-second latency.
- SLA Management: Define, monitor, and guarantee strict Service Level Agreements (SLAs) for payment availability, processing times, and settlement finality.
- Resiliency & Recovery: Implement robust disaster recovery (DR) and business continuity plans (BCP) specifically for money movement, ensuring zero data loss and high availability (99.99% or higher).
- Governance, Standards & Compliance
- Industry Standards: Ensure all integrations adhere to NACHA rules, Federal Reserve regulations, and European Payments Council (EPC) guidelines.
- Security & Risk: Partner with Information Security and Fraud teams to integrate real-time risk scoring and AML/KYC checks into the payment orchestration layer.
- Reconciliation & Ledgering: Oversee the engineering of automated, real-time reconciliation systems to ensure the integrity of the general ledger and customer accounts.
- Strategic Leadership & Vendor Management
- Technical Roadmap: Define the 3-year vision for the "New Payment Rails" (NPR) team, balancing the modernization of legacy systems with the adoption of emerging instant payment technologies.
- Stakeholder Management: Act as the primary technical liaison for external partners, including central banks, clearing houses (TCH, EBA Clearing), and payment service providers (PSPs).
- Team Mentorship: Build and lead a high-performing team of payment engineers, architects, and SREs specializing in financial transaction systems.
Required Qualifications & Skills
- Technical Expertise
- Engineering Leadership: 12+ years of experience in software engineering, with at least 6 years in a senior leadership role specifically within Payments or Fintech.
- Rail Mastery: Deep, hands-on experience with the technical specifications of ACH, RTP, FedNow, Zelle, and SEPA.
- Messaging Standards: Expert knowledge of ISO 20022, SWIFT MT/MX, and JSON-based API payment protocols.
- Cloud-Native Infrastructure: Proven experience building high-scale systems on AWS, GCP, or Azure using microservices, Kafka, and distributed databases (e.g., Cassandra, CockroachDB).
- Strategic Leadership
- Operational Excellence: Proven track record of managing mission-critical systems with strict uptime and performance requirements.
- Regulatory Knowledge: Strong understanding of PSD2, Dodd-Frank, and global money transmitter licensing requirements.
- Analytical Rigor: Ability to translate complex payment network rules into technical requirements and control frameworks.
Education
Bachelor’s or Master’s degree in Computer Science, Engineering, or a related technical field.
Asset & Wealth Management - Money Movement & Payment Rails, Software Engineering - Vice President - Birmingham employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in Birmingham that fosters innovation and collaboration. With a strong commitment to employee growth through comprehensive training and development programmes, as well as a focus on diversity and inclusion, we empower our team members to excel in their careers while contributing to cutting-edge financial technology solutions. Our competitive benefits and wellness initiatives further enhance the rewarding experience of working with us in the heart of a vibrant financial hub.
StudySmarter Expert Advice🤫
We think this is how you could land Asset & Wealth Management - Money Movement & Payment Rails, Software Engineering - Vice President - Birmingham
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend meetups, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research the company, understand their payment systems, and be ready to discuss how your experience aligns with their needs. Practise common interview questions and have your own questions ready to show your interest.
✨Tip Number 3
Showcase your skills! If you’ve worked on relevant projects, create a portfolio or GitHub repository to demonstrate your expertise in payment rails and software engineering. This can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Goldman Sachs.
We think you need these skills to ace Asset & Wealth Management - Money Movement & Payment Rails, Software Engineering - Vice President - Birmingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with payment systems and engineering leadership. We want to see how your skills align with the specific requirements of the VP role.
Showcase Your Technical Expertise:Don’t hold back on detailing your hands-on experience with ACH, RTP, FedNow, and SEPA. We’re looking for someone who knows their stuff, so be clear about your technical mastery in your written application.
Highlight Leadership Experience:Since this is a VP position, it’s crucial to emphasise your leadership skills. Share examples of how you’ve built and led teams in the past, especially in high-pressure environments like payments or fintech.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Goldman Sachs
✨Know Your Payment Rails
Make sure you brush up on the specifics of ACH, RTP, FedNow, Zelle, and SEPA. Being able to discuss these payment systems in detail will show that you’re not just familiar with them, but that you truly understand their technical specifications and implications.
✨Demonstrate Leadership Experience
Prepare examples from your past roles where you led teams or projects, especially in high-pressure environments. Highlight how you managed mission-critical systems and ensured compliance with industry standards, as this is crucial for the VP role.
✨Showcase Your Technical Expertise
Be ready to dive deep into your experience with ISO 20022 and cloud-native infrastructures. Discuss specific projects where you implemented these technologies, focusing on scalability and performance engineering to align with the job requirements.
✨Engage with Strategic Vision
Think about the future of payment systems and be prepared to share your vision for the 'New Payment Rails' team. Discuss how you would balance modernising legacy systems with adopting new technologies, showing that you can think strategically while also being hands-on.
