SWIFT Payments Specialist / Engineer

SWIFT Payments Specialist / Engineer

Location: Boston, MA / Quincy, MA / Hybrid
Experience: 5–10+ years
Employment Type: Contract

Job Summary

State Street is seeking an experiencedSWIFT Payments professional with strong expertise in payment processing, SWIFT messaging, and financial services. The candidate will be responsible for supporting and enhancing payment applications and ensuring accurate, secure, and timely processing of financial transactions.

Key Responsibilities

• Design, develop, configure, and supportSWIFT payment processing solutions.
• Work withSWIFT MT and ISO 20022 MX messages, including payment-related message types.
• Support payment flows such aswire transfers, cross-border payments, ACH, and securities-related payments.
• Analyze payment failures, exceptions, and reconciliation issues and provide timely resolution.
• Work closely with business analysts, payment operations, QA, infrastructure, and other technology teams.
• Perform requirements analysis, application enhancements, testing, and production support.
• Monitor payment processing and investigate transaction-level issues.
• Participate in incident, problem, and change management processes.
• Ensure solutions comply with financial-services security, regulatory, and operational requirements.
• Develop and maintain technical documentation and operational procedures.

Required Skills

• 5+ years of experience inbanking/financial services payments.
• Strong hands-on knowledge ofSWIFT payment messaging.
• Experience withSWIFT MT messages and ISO 20022 MX messages.
• Understanding of payment processing lifecycle, including initiation, validation, routing, settlement, and reconciliation.
• Experience withSWIFT Alliance / Alliance Access / Alliance Gateway or similar SWIFT infrastructure.
• Knowledge ofISO 20022, payment modernization, and migration from MT to MX.
• Strong understanding ofwire payments and cross-border payment processing.
• Experience troubleshooting payment exceptions and production issues.
• Strong SQL skills for transaction investigation and data analysis.
• Experience working inAgile/Scrum environments.
• Excellent communication and problem-solving skills.

Preferred Skills

• Experience withSWIFT gpi.
• Knowledge ofFedwire, CHIPS, ACH, or other payment networks.
• Experience withThe Clearing House / RTP or instant-payment systems.
• Knowledge ofAML, sanctions screening, OFAC, and payment compliance.
• Experience with payment hubs or platforms such asFinastra, FIS, ACI, VolPay, or similar.
• Experience withAPI-based payment integrations.
• Cloud and microservices experience is a plus.