Senior Application Specialist - Payments

Posted 5 Days Ago
Be an Early Applicant
Rosemont, IL, USA
In-Office
66K-130K Annually
Senior level
Fintech • Information Technology • Marketing Tech • Financial Services
Committed to being an employer of choice through strong principles, shared values, and distinctive culture.
The Role
Senior Application Specialist responsible for day-to-day management, configuration, testing, support and troubleshooting of payment systems. Collaborates with business, technology teams and vendors, leads change management, supports audits and acquisition/conversion activities, and provides 24x7 production support.
Summary Generated by Built In

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”

  • Strong understanding of payment rails (Fedwire, SWIFT, RTP, TCH and Third-Party Foreign Currency) methodologies, architectures, including authorization, clearing and settlement networks, execution, routing, Industrial regulatory requirements and changes. Familiar with NACHA/The Clearing House/Fed/ISO file formats

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Promote from within culture

Why join this team?

  • This position has the opportunity to interface with and have a positive impact on multiple areas of Wintrust's business
  • We hold ourselves accountable to high standards, share wins, operate ethically, and have fun

Position Overview

The Sr. Application Specialist - Banking is a senior level position and serves as a subject matter expert various payment systems they support. They are accountable for ensuring the day-to-day operations of the systems under their charge and for supporting and implementing change and configuration management, including testing and defect management relating to new product implementations, development releases, upgrades, patches, and other system maintenance as required. Application Specialists will work closely with Business resources and stakeholders, internal Technology teams, and various vendors and third-party consultants and implementers. They must understand their application’s interdependencies with other applications and infrastructure both internally and outside the corporate network.

Ongoing knowledge of current and changing business and technological environments, trends and strategy is important to success. This position will also support/lead acquisition and conversion activities related to their business domains.

What You’ll Do

  • Day-to-day management of payment applications, including implementing new systems, testing, coordinating release of configurations, etc.
  • Participate on cross-functional teams to support and define business and technical requirements, operational processes, application strategy and project/product implementation.
  • Design and administer application software configuration to meet the business process design and application requirements.
  • Support corporate compliance, regulatory and both internal and external audit examinations and reviews.
  • Provide Tier 2 application-level support and troubleshooting, escalation and complex problem solving.
  • Understand the interdependencies of systems and data across the banking business line to identify and analyze impacts as applications and systems are integrated, changed/upgraded and retired.
  • Must be willing to provide support 24x7x365.

Qualifications

  • 7-10 years of experience working in a banking or financial services environment with special emphasis on applications implementation, testing, maintenance, configuration, and support.
  • Advanced understanding of how to troubleshoot application/system performance.
  • Experience with system testing including creation of a test plan and documentation of results.
  • Active payment support responsibilities within past 5 years, real practical knowledge.
  • Strong written and verbal communication skills (this is very detailed work).
  • Experience with system testing including creation of a test plan and documentation of results.
  • Time management – critical payment outages are time sensitive.
  • Previous knowledge of Finastra PayPlus or Global PayPlus (wire transfer applications) and other payment systems.
  • Knowledge of entire payment cycle, including interfaces, processing, settlement, etc.
  • Experience with hands-on, keyboard work for payments.
  • Knowledge of entire payment cycle, including interface.
  • Able to work with strict deadlines and time pressure.

Benefits

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation

The estimated salary range for this role is $100,000.00 - $130,000.00, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life.  To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Skills Required

  • 7-10 years of experience in banking or financial services with emphasis on application implementation, testing, maintenance, configuration, and support
  • Strong understanding of payment rails (Fedwire, SWIFT, RTP, TCH) and payment cycle including authorization, clearing, settlement and interfaces
  • Familiarity with NACHA/The Clearing House/Fed/ISO file formats
  • Previous knowledge and hands-on experience with Finastra PayPlus or Global PayPlus (wire transfer applications)
  • Active payment support responsibilities within the past 5 years with practical, hands-on payments experience
  • Experience with system testing, including creation of test plans and documentation of results
  • Advanced ability to troubleshoot application/system performance and provide Tier 2 application-level support and complex problem resolution
  • Strong written and verbal communication skills
  • Ability to work under strict deadlines and time pressure, including supporting critical payment outages
  • Willingness to provide support 24x7x365

Wintrust Financial Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Wintrust Financial Corporation and has not been reviewed or approved by Wintrust Financial Corporation.

  • Affordable Benefits Employer covers a large share of medical premiums, making health coverage comparatively low cost. Plan options are broad and pair with HSA/FSA choices and wellbeing programs.
  • Parental & Family Support Paid maternity, parental, and adoption leave are structured and fully paid, with backup childcare access through Bright Horizons. Adoption assistance and family support resources further strengthen caregiving support.
  • Retirement Support A 401(k) with a company match and an employee stock purchase plan provide multiple savings and ownership avenues. Match mechanics and plan access are noted features of the total rewards offering.

Wintrust Financial Corporation Insights

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The Company
HQ: Rosemont, IL
5,284 Employees
Year Founded: 1991

What We Do

Wintrust Financial (Wintrust) is a financial services holding company based in Rosemont, Illinois, with $50 billion in assets. Wintrust engages in the business of providing traditional community banking services, wealth management services, commercial insurance premium financing, mortgage origination and more.

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