Business Analyst Cloud Modernization (Banking & Payments)

Overview

On Site
$50 - $70
Contract - W2

Skills

Cloud Modernization
Banking & Payments

Job Details

Client: Mphasis Flagstar Bank
Location: Troy, MI (Local Candidates Only)
Domain: Banking & Payments
Type of Hire: C2C
Visa: Independent Only

Position: Business Analyst Cloud Modernization (Banking & Payments)

Key Responsibilities:

  • Requirements Gathering & Analysis:

    • Elicit, document, and validate business/technical requirements for cloud migration of banking & payment platforms.

    • Analyze current workflows, identify pain points, and define future-state processes using cloud-native capabilities.

    • Translate business needs into functional and non-functional specifications.

  • Process Mapping & Solution Design:

    • Develop process flows, business models, and user stories for banking/payment operations.

    • Support integration between legacy and new cloud systems for smooth transitions.

  • Compliance & Regulatory Alignment:

    • Ensure compliance with AML, GDPR, PCI DSS, ISO 20022, SWIFT, SEPA, RTGS standards.

    • Prepare documentation for audits and compliance checks.

  • Stakeholder Management:

    • Act as liaison between business, IT, and vendors.

    • Conduct workshops, demos, and solution validation sessions.

  • Testing & Implementation Support:

    • Develop test cases, support UAT, and validate solutions against business/regulatory requirements.

    • Track and resolve issues during testing and post-go-live.

  • Documentation & Reporting:

    • Maintain detailed business requirement docs, process flows, and change logs.

    • Manage vendor RFP process, create evaluation scorecards, and recommend final solutions.

    • Provide regular updates on progress, risks, and mitigation.

Required Skills & Experience:

  • Experience:

    • 5+ years as a Business Analyst in Banking/Payments/Financial Services.

    • 2+ years in cloud migration/modernization projects.

    • Hands-on work with payment systems (ISO 20022, SWIFT, SEPA, FPS, RTGS).

  • Technical Skills:

    • Knowledge of cloud concepts (SaaS, PaaS, IaaS) & modern architectures.

    • Proficiency in Visio, UML, Agile (Scrum/Kanban), and requirements management tools.

    • Familiarity with data migration, integration patterns, and cloud-native services.

  • Soft Skills:

    • Strong analytical, problem-solving, and documentation abilities.

    • Effective communicator across technical and business audiences.

    • Strong stakeholder management skills.

  • Education:

    • Bachelor s degree in Business, Computer Science, Information Systems, or related field.

Preferred Qualifications:

  • Large-scale core banking or payment system transformation experience.

  • Knowledge of DevOps, CI/CD in cloud environments.

  • CBAP, CCBA, AWS, Azure, or Google Cloud Platform certifications.

Key Attributes:

  • Proactive, detail-oriented, and results-driven.

  • Adaptable to fast-paced environments.

  • Passion for tech-driven banking transformation.

If you meet the above requirements and are local to Troy, MI, please share your updated resume along with:

  • Full Name

  • Work Authorization

  • Expected Rate

  • Availability

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.