At a Glance
- Tasks: Lead the design and operation of innovative payments platforms in a dynamic environment.
- Company: Join OSB Group, a leader in banking technology with a focus on sustainability.
- Benefits: Competitive salary, annual bonus, 30 days leave, and family-focused benefits.
- Other info: Flexible working and a commitment to professional development in a supportive workplace.
- Why this job: Make a real impact in the payments domain while shaping future-ready solutions.
- Qualifications: Senior technical leadership experience in banking and deep payments expertise required.
The predicted salary is between 90000 - 110000 € per year.
About the team
At OSB Group, technology underpins how we serve our customers and support sustainable growth across our specialist savings and lending brands. Our payments platforms are critical to that mission - enabling secure, resilient and innovative customer journeys in a highly regulated environment. We're looking for a Principal Engineer (Payments) to play a pivotal leadership role across our payments and core banking technology landscape. This role combines deep technical expertise with strong people and delivery leadership, shaping how we design, build and run payment solutions across the Group. Working closely with senior technology and value stream leaders, and reporting to the Group Head of Technical Delivery, you'll help define strategy while actively driving end-to-end delivery to ensure our platforms are secure, scalable and future‑ready. The role can be based from our Wolverhampton, Chatham or London office and will require occasional travel between all OSB Group locations.
What you will be doing
As a Principal Engineer you'll provide hands‑on technical leadership across engineering teams delivering and operating our payments platforms, including Faster Payments, BACS, CHAPS, cards, Open Banking and mobile wallets.
Responsibilities
- Setting and executing the engineering strategy for the payments domain, aligned to OSB Group’s technology and business objectives
- Leading the design, build and operation of modern payments platforms, ensuring regulatory compliance, performance and resilience
- Owning end‑to‑end technical delivery, including architecture, development, testing, deployment, change governance and live operations
- Providing hands‑on technical leadership across full‑stack engineering teams, with a strong focus on quality, automation and cloud‑first design
- Overseeing integrations with UK payment schemes and core banking platforms, including Mambu
- Partnering with product, architecture and business stakeholders to translate customer and regulatory needs into robust technical solutions
- Managing supplier and partner relationships to ensure delivery meets OSB standards
What's in it for you
Base salary between £90,000 - £110,000 depending upon experience. Enhanced family‑focused benefits. Annual bonus opportunity up to 25%. 30 days annual leave + bank holidays.
About us
OSB Group is committed to professional development, flexible working, and employee well‑being fostering a dynamic and supportive workplace.
Do you have the skills?
We are looking for talented individuals who have the experience and knowledge set out below:
Experience and qualifications
- Significant experience in a senior technical leadership role within banking or financial services
- Deep expertise in the payments domain, including real‑time payments, cards, BACS, CHAPS, Open Banking and APIs
- Proven experience designing, scaling and operating secure, high‑performance payments platforms
- Strong background in core banking systems, cloud‑native architectures, microservices and DevOps practices
- Solid understanding of regulatory, risk and compliance requirements (e.g. PSD2, PCI DSS, GDPR)
- Excellent stakeholder engagement skills, with the ability to clearly communicate complex technical concepts
- Experience with cloud platforms (AWS, Azure or GCP) and modern data platforms
Next steps
If this sounds like you, please apply now. For internal applications, visit the internal careers page to apply. We are committed to Inclusivity and do not require you to meet 100% of the criteria to apply. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.
Principal Engineer in Wolverhampton employer: OneSavings Bank Plc
At OSB Group, we pride ourselves on being an excellent employer that champions professional development and employee well-being. Our dynamic work culture fosters collaboration and innovation, particularly in our payments technology team, where you will have the opportunity to lead cutting-edge projects while enjoying a competitive salary, generous annual leave, and enhanced family-focused benefits. With locations in Wolverhampton, Chatham, and London, we offer flexibility and the chance to grow your career in a supportive environment committed to inclusivity and diversity.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Engineer in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend meetups, and engage with professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Principal Engineer role.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills and leadership experience. We recommend practising common interview questions related to payments platforms and core banking systems. Show them you’re not just a tech whiz, but also a great team leader!
✨Tip Number 3
Don’t forget to showcase your achievements! When you get the chance to chat with potential employers, highlight your past successes in designing and operating secure payment solutions. We want them to see how you can bring value to their team right from the start.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re committed to inclusivity, so don’t hesitate to apply even if you don’t tick every box. We’re excited to see what you can bring to the table!
We think you need these skills to ace Principal Engineer in Wolverhampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your expertise in payments and technical leadership, as this is what we’re really looking for!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re the perfect fit for the Principal Engineer role. Share specific examples of your past achievements in payments platforms and how they align with our mission at OSB Group.
Showcase Your Technical Skills:Don’t hold back on showcasing your technical prowess! Mention your experience with cloud platforms, core banking systems, and any relevant regulatory knowledge. We want to see how you can contribute to our secure and scalable solutions.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at OneSavings Bank Plc
✨Know Your Payments Inside Out
Make sure you brush up on your knowledge of payment systems like Faster Payments, BACS, and Open Banking. Be ready to discuss how these systems work and their regulatory requirements, as this will show your deep expertise in the payments domain.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in leading engineering teams. Discuss how you've set and executed engineering strategies in the past, and be ready to explain how you can apply that to OSB Group's technology objectives.
✨Communicate Complex Concepts Clearly
Practice explaining technical concepts in a way that's easy to understand. You’ll need to demonstrate your excellent stakeholder engagement skills, so think about how you can break down complex ideas for non-technical audiences.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific challenges in payments technology. Think through scenarios involving regulatory compliance or integrating with core banking platforms, and prepare your thought process on how you'd tackle these issues.
