Target2 Process Owner

Finom

Target2 Process Owner managing direct payment infrastructure for Finom, a European fintech building all-in-one financial tools for entrepreneurs. Designing operations, migration, controls, investigations, and regulatory processes across European payment schemes.

Posted 8/7/2026full-timeRemote • 🇪🇸 SpainMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in payment operations, including direct participation in TARGET2, SEPA schemes, and SWIFT messaging standards. Proficient in designing operational processes, managing payment investigations, and liaising with regulatory bodies.

Highest-signal resume keywords

Payment Operations ManagementTARGET2 Direct ParticipationSWIFT Messaging StandardsPayment InvestigationsRegulatory Liaison

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

SEPA SchemesSCT InstTARGET ServicesSWIFT/ISO 20022Payment InvestigationsOperational Process DesignIncident ManagementLiquidity MonitoringReconciliationAuthorization Matrices

Soft Skills

Cross-Functional CoordinationRegulatory CommunicationDecision-MakingProblem-SolvingCustomer Handling

Tools & Technologies

T2 GUICRDMU2A/A2A ActionsPayment Tracking ToolsEscrow Infrastructure

Industry Keywords

Payment OperationsEMIPSPDNBEurosystemInstant Payments RegulationPSD2Financial InfrastructureCentral BanksIncident Detection

Tech Stack

Tools & technologies

Swift

About the role

Key responsibilities & impact

Own the operational setup and end-to-end lifecycle of Target2 direct participation processes and infrastructure
Design and document the operating model before go-live and validate it during August end-to-end UAT
Manage BIC-by-BIC cutover from indirect to direct participation and maintain operations as business-as-usual
Own incoming and outgoing SCT Inst recalls, including alert/customer-consent flows and full or partial refunds
Automate and support SCT/SCT Inst inquiries and investigations, including non-receipt investigations and pacs.028 payment-status requests
Own and automate SWIFT enquiry handling, including MT199, MT999, RFIs, and relevant ISO 20022 flows
Monitor inbound RTGS payments, handle exceptions and returns, manage unmatched or pending items, and establish Escrow infrastructure
Maintain operational decision-making and customer-handling processes for rejects, returns, refunds, codes, alerts, and exceptions
Operate the T2 GUI/dashboard directly through U2A and A2A for payment tracking, returns, liquidity visibility, and fallback/manual actions
Maintain CRDM reference data, TARGET access, four-eyes authorization matrix, production segregation of duties, and manual-versus-automated operating model
Own Payment Operations’ interface with daily reconciliation across MCA, RTGS DCA, and TIPS DCA; escalate liquidity-related payment issues
Redesign incident detection and escalation routes with DNB, FIS, and TARGET and own payment-impact assessment
Own DNB notifications, reporting, and evidence retention to DNB readiness standards
Define Payment Operations’ role in the ECONS II contingency solution, including training and test evidence
Coordinate with the T2 scheme/Eurosystem, DNB, SWIFT/NSP, FIS, correspondent banks, and BNP Paribas during the dual-run period
Partner with Product and Engineering to test interfaces, identify back-office development needs, and define automated versus manual behavior
Establish documented processes, ownership, escalation/fallback procedures, and UAT evidence for successful direct participation
Ensure stable post-go-live T2 operations with Finom-controlled investigation SLAs and no residual BNPP operational dependency

Requirements

What you’ll need

Minimum 3+ years of experience in payment operations at a bank, EMI, or PSP
Hands-on exposure to SEPA schemes, including SCT and SCT Inst, and TARGET Services including T2/RTGS and TIPS direct connectivity
Practical knowledge of payment investigations, recalls, returns/refunds workflows, and SWIFT/ISO 20022 messaging standards including MT199, MT999, pacs, camt, and pain
Experience operating central financial-infrastructure interfaces directly, such as T2 GUI, CRDM, reconciliation, and liquidity-monitoring tools, including U2A/A2A actions
Ability to design and document operational processes, including SOPs, four-eyes controls, and authorization matrices to audit/regulatory standards
Experience liaising directly with regulators or scheme operators, including central banks, Eurosystem, and SWIFT/NSP, and cross-functional teams
Seniority sufficient to independently own sign-offs, incident escalation, and regulatory reporting decisions
Familiarity with DNB/TARGET-NL conditions, the Instant Payments Regulation (IPR), and EMI/PSD2 operational obligations
Professional fluency in English, written and spoken, for regulatory and cross-border coordination
Confidence coordinating with DNB, Eurosystem, SWIFT/NSP, service providers, correspondent banks, Product, Engineering, Compliance, Risk, and Finance Ops
Prior direct TARGET/RTGS/TIPS onboarding or sponsor-bank-to-direct-participation migration experience is a nice to have
Experience establishing incident management and ECONS II contingency processes is a nice to have

Benefits

Comp & perks

Continuous personal and professional development resources and opportunities
Flexibility to travel and work remotely or in a hybrid model across Europe
Stock Options Program available to every team member
Constant support and care
Modern, friendly, and eco-conscious corporate culture
Work & Swim Program: one month in a corporate apartment in Cyprus