Senior Payments Business Analyst

Job Description

We are seeking an experienced Senior Payments Business Analyst  with 9–12 years of experience in the payments domain. The ideal candidate will have strong expertise in Cross-Border Wires, ACH, Real-Time Payments, ISO 20022, SWIFT, and Wire payment formats, with proven experience in business analysis, impact assessment, requirements management, and working closely with business, development, and testing teams.

Key Responsibilities

• Analyze different payment standards, formats, and regulatory requirements and assess their potential impact on client-facing products and systems.
• Provide subject matter expertise across payment products including:
  • Cross-Border Wires
  • ACH
  • Real-Time Payments (RTP)
  • Domestic and international payment processing
• Demonstrate in-depth understanding of ISO 20022 payment messages, including payment initiation, clearing, settlement, and reporting messages.
• Work extensively with SWIFT messaging and wire payment formats and understand their mapping to internal and external systems.
• Analyze business requirements and map user stories to delivery scope, business value, and functional outcomes.
• Perform detailed analysis of user stories and identify dependencies, gaps, assumptions, and downstream impacts.
• Collaborate with partner systems and stakeholders to establish agreement on:
  • Data and message mapping documents
  • Interface requirements
  • Communication protocols
  • Payment processing flows
• Conduct high-level and detailed impact assessments to determine affected applications, interfaces, processes, and client experiences.
• Prepare impact assessments that support effort estimation, work-package planning, and delivery prioritization.
• Work closely with Business, Product, Development, QA, and Testing teams throughout the SDLC.
• Conduct user-story walkthroughs with Business stakeholders and ensure requirements are clearly understood.
• Explain and elaborate user stories, functional requirements, payment flows, and business rules to Development and Testing teams.
• Support Development and Testing teams during implementation and validation.
• Review test cases to ensure adequate coverage of business requirements, payment scenarios, message formats, and exception conditions.
• Organize and facilitate user story walkthrough and requirement review sessions with Business stakeholders.
• Maintain and manage the user story backlog, ensuring requirements are clearly defined, prioritized, and ready for development.
• Identify business and system dependencies, risks, gaps, and potential client impacts.
• Drive resolution of requirements-related issues and act as a bridge between Business, Technology, Development, and Testing teams.
• Provide recommendations and make decisions based on detailed analysis of business and technical impacts.

Required Skills & Qualifications

• 9–12 years of experience in Business Analysis, Payments, Banking, or Financial Services.
• Strong hands-on/domain knowledge of payment products and payment processing.
• Strong expertise in:
  • Cross-Border Payments / Wires
  • ACH
  • Real-Time Payments
  • ISO 20022
  • SWIFT
  • Wire Transfer formats
• In-depth knowledge of ISO 20022 payment message structures and mappings.
• Experience analyzing payment message mappings and integration requirements across multiple systems.
• Strong understanding of business requirements, user stories, acceptance criteria, and backlog management.
• Experience performing impact assessments and dependency analysis.
• Experience working with Development and QA/Test teams in Agile/SDLC environments.
• Strong experience in test case review and requirements traceability.
• Excellent analytical, communication, presentation, and stakeholder-management skills.
• Strong problem-solving and decision-making abilities.
• Ability to work effectively with Business, Product, Technology, Development, QA, and external/partner-system teams.

Preferred Profile

Senior Payments Business Analyst / Payments SME with strong ISO 20022 + SWIFT + Cross-Border Wires + ACH + Real-Time Payments experience, capable of translating business requirements into actionable user stories and guiding teams through analysis, development, testing, and delivery.