Banking Operations Contractor: 6-9 Years (Advanced)
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.1
Reclaim your time by letting our AI handle the grunt work of job searching.
We continuously scan millions of openings to find your top matches.

Overview
Job Description
Only on W2No C2C
USC / GC OnlyLocation: Whippany NJ office 4 days per weekOverall Purpose of RoleLead and own the Payment Control Gateway (PCG) operating model, ensuring robust execution of paymentcontrols at scale, effective risk-based decisioning, and delivery of a controlled, auditable and production-readyframework to prevent erroneous payments across Global Markets.Main Duties and Responsibilities
Own end-to-end delivery and execution of the payment control operating model across regions
Provide leadership and oversight of AVP and BA4 teams executing daily payment control activities
Ensure consistent and effective decisioning across stop / review / release processes
Own escalation framework for high-risk, complex or ambiguous payment scenarios
Maintain accountability for control effectiveness, auditability and adherence to risk frameworks
Drive root cause analysis across exceptions and erroneous payment events, ensuring systemic issues areidentified and resolved
Partner with Technology and SMEs to define and refine rule logic, thresholds and control design
Own MI and reporting for volumes, outcomes, control performance and risk indicators for senior stakeholders
Engage with Front Office, Operations, Risk and Technology leadership to ensure end-to-end control coverage anddrive engagement escalation to resolve complex scenarios, where cannot independently verify, where there’s anydoubt/queries and direct answers from the services as to the rationale/process for the payment are required
Lead transition from manual control execution to scalable and automated Payment Control Gateway capabilitiesBasic Qualifications:
7+ years experience in Global Markets Operations, payments or post-trade environments
Strong understanding of payment flows, settlement lifecycle and operational risk
Proven experience leading operational teams in high-risk, high-volume environments
Demonstrated ability to make senior risk-based decisions under pressure
Strong analytical and problem-solving capability, with focus on root cause resolutionPreferred Qualifications:
Experience in payment control, transaction monitoring or risk/control frameworks
Knowledge of FX, Derivatives, Collateral or Financing products
Experience working with rule-based and AI/ML control environments
Strong stakeholder management across Operations, Technology and Front Office
Track record of driving operational transformation and automation initiatives
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
