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Business Analyst - Payments and Banking Systems

Salary undisclosed

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Description

e 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.

Key Responsibilities:

  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.

Requirements

  • 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.

Technical Skills:

  • 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.