Business Analyst - Payments and Banking Systems

Business Analyst - Payments and Banking Systems

We are seeking a skilled Business Analyst with expertise in Swift Messaging, Payments Systems, and Banking Operations. The ideal candidate will have hands-on experience with payment platforms such as RTGS, NEFT, GIRO, IMPS, and SWIFT. They will play a pivotal role in analyzing, defining, and optimizing payment processes to meet organizational and industry standards.

1. Requirement Gathering and Analysis:
   Collaborate with stakeholders to gather, document, and analyze business and technical requirements.
   Translate business needs into functional and technical specifications.
2. Payments and Messaging Expertise:
   Work on payment systems, including RTGS, NEFT, GIRO, IMPS, and SWIFT Messaging (MT and MX standards).
   Analyze and implement solutions for cross-border and domestic payment processes.
3. Stakeholder Collaboration:
   Act as a liaison between business units, technical teams, and external vendors.
   Facilitate workshops and discussions to align on project objectives.
4. Process Optimization:
   Identify inefficiencies in payment processes and propose improvement strategies.
   Ensure compliance with regulatory and security standards in payment systems.
5. Testing and Implementation:
   Define test scenarios, review test cases, and ensure successful User Acceptance Testing (UAT).
   Support go-live activities, ensuring smooth deployment of payment solutions.
6. Documentation and Reporting:
   Prepare detailed process documentation, functional specs, and user guides.
   Provide regular updates and reports to stakeholders on project progress.

• 5+ years of experience as a Business Analyst in banking and payment systems.
• Strong understanding of SWIFT messaging standards (MT and MX).
• Proven expertise in handling payment platforms like RTGS, NEFT, GIRO, and IMPS.

• Knowledge of payment protocols and regulatory frameworks.
• Experience in working with SQL for data analysis is a plus.
• Familiarity with APIs and integration with payment systems.