Target2 Process Owner

Finom

Target2 Process Owner running direct payment infrastructure for Finom, a European fintech building an all-in-one financial platform for entrepreneurs. Owning migration, controls, investigations, and regulatory operations.

Posted 8/7/2026full-timeRemote • 🇳🇱 NetherlandsMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Payment Operations, including hands-on experience with SEPA schemes, TARGET Services, and SWIFT messaging. Capable of designing operational models, managing incident escalations, and ensuring compliance with regulatory requirements.

Highest-signal resume keywords

Payment Operations ExperienceSEPA Schemes KnowledgeTARGET Services ExpertiseSWIFT Messaging ProficiencyRegulatory Reporting Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Payment InvestigationsRecalls WorkflowsReturns/Refunds WorkflowsSOP Design and DocumentationIncident ManagementLiquidity MonitoringAuthorization MatricesAudit-Quality EvidenceDirect TARGET/RTGS/TIPS ConnectivityECONS II Contingency Processes

Soft Skills

CollaborationIndependent Decision-MakingCommunication

Tools & Technologies

T2 GUICRDMReconciliation ToolsU2A/A2A ActionsPayment Tracking Dashboard

Industry Keywords

EMIPSPInstant Payments RegulationPSD2 Operational ObligationsDNB/TARGET-NL Conditions

Tech Stack

Tools & technologies

Swift

About the role

Key responsibilities & impact

Own the operational setup for TARGET2 direct participation end to end
Design and document the operating model before go-live
Validate processes during August end-to-end UAT
Cut over BIC by BIC 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, investigations, and pacs.028 payment-status requests
Own and automate SWIFT enquiry handling, including MT199, MT999, RFIs, and ISO 20022 pacs, camt, and pain flows
Monitor inbound RTGS payments, handle exceptions and unmatched or pending items, manage returns, and establish Escrow infrastructure
Maintain rejects, returns, refunds, back-office visibility, codes, and abnormal-exception alerts
Operate the T2 GUI/dashboard through U2A and A2A for payment tracking, returns, liquidity visibility, and fallback/manual actions
Maintain CRDM reference data, TARGET access, four-eyes authorization, production segregation of duties, and manual-versus-automated operations
Manage migration from indirect to direct participation and define retirement criteria for BNPP-dependent steps
Own Payment Operations interfaces into reconciliation across MCA, RTGS DCA, and TIPS DCA
Redesign incident management and escalation routes for direct participation
Own DNB notifications, reporting, and evidence retention
Define Payment Operations responsibilities for ECONS II contingency, including training and test evidence
Coordinate with the T2 scheme/Eurosystem, DNB, SWIFT/NSP, FIS, correspondent banks, and BNP Paribas
Partner with Product and Engineering to test interfaces, identify back-office development needs, and define automated versus manual behavior
Collaborate with reconciliation teams on liquidity management and operational processes
Establish documented ownership, procedures, controls, escalation paths, fallback processes, and UAT evidence
Deliver migration with no customer-experience impact and stable post-go-live operations without 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
Hands-on exposure to TARGET Services, including T2/RTGS and TIPS direct connectivity
Practical knowledge of payment investigations, recalls, returns/refunds workflows
Working knowledge of SWIFT and ISO 20022 messaging, including MT199, MT999, pacs, camt, and pain
Experience operating T2 GUI, CRDM, reconciliation, and liquidity-monitoring tools through U2A/A2A actions
Ability to design and document SOPs, four-eyes controls, authorization matrices, and audit-quality evidence
Experience coordinating with regulators, scheme operators, service providers, correspondent banks, and cross-functional teams
Ability 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
Prior direct TARGET/RTGS/TIPS onboarding or sponsor-bank-to-direct-participation migration experience is nice to have
Experience establishing incident management and ECONS II contingency processes is 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
Modern, friendly, and eco-conscious corporate culture
Constant support and care
Work & Swim Program: one month in a corporate apartment in Cyprus
Equal opportunity employer and diversity commitment