Our Payments team within our Banking & Markets practice are looking for an experienced Consultant / Senior Consultant to join the team
As part of an industry leading consulting organisation, our Banking & Markets team partner with leading financial institutions, to create and execute sustainable strategies across their businesses. We work across retail, corporate, and investment banking to deliver long lasting change. Our clients include global transaction banks, leading high-street banks, mid-market players, growing digital banking providers, and a range of private banking firms.
What you will be doing
Payments are the lifeblood of our Banking & Markets clients and a key enabler to achieving business growth, allowing them to offer a seamless customer experience and increase loyalty. With increasing competition from new fintech challengers, advancing payment technology and constant regulatory change, our clients are relying on us more than ever to help them navigate and capitalise on the opportunities to differentiate and innovate through payments.
1. We are seeking individuals passionate about being part of the growth of our Banking & Markets payments capability.
2. We are looking for consultants passionate and enthusiastic about payments to join our growing team of industry experts, delivering some of the most strategically important enterprise payments engagements in the market.
3. Successful candidates will play a key role within our payments capability, partnering with clients across a range of initiatives from defining their payments strategy and how they structure themselves for success, to helping them implement the technology innovation to realise their ambitions whilst meeting regulatory demands.
Your skills and experience
4. An understanding of key aspects of payments:
5. The ecosystem of payments, across users, central infrastructures & PSPs
6. The business of payments, and how payments impacts other areas of an institution, such as operations, treasury, cash management, and product teams
7. One of the UK payment rails - electronic payments: FPS, NPA, BACS, CHAPS, SEPA, etc, including corporate payment processing using SWIFT or cards issuing and acquiring cards, or an understanding of similar payment rails across EU and US
8. Understanding of the payments regulatory landscape and roadmap (, Open Banking, ISO20022, NPA, Card acquiring services review etc.)
9. Active interest in payments innovations and trends and the opportunities and challenges these create across retail, corporate and transaction banking and the wider ecosystem of PSPs
10. An interest in broader Banking & Markets across one or more of the following areas:
11. Retail banking product knowledge (propositions, channels, operations and technologies), including mortgages, secured and unsecured lending, current accounts and digital banking
12. Commercial, corporate and investment banking product knowledge (propositions, channels, operations and technologies), including Cash Management, Transaction Banking, Wholesale Lending and Trade Finance, Securities and Trade Settlement.
13. Demonstrated the following capability characteristics over your work experience:
14. Strong communication and presentation skills; comfortable facing off to senior stakeholders.
15. Comfortable working with business stakeholders and technology teams alike.
16. The ability to collaborate and work with others to get the best outcomes for our clients.
17. Strong analytical and problem-solving skills.
18. An interest in helping to build and develop our capabilities, thought leadership and offerings.
What a career at Baringa will give you
Putting People First.
Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:
19. Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.
20. Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.
21. Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.
22. Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.
23. Career Progression: No one develops at the same pace. That’s why we have quarterly rather than annual promotion reviews. We don’t have any quotas: if you’re ready and delivering at the right level, you’ll get that promotion.
24. Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.