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:
- Requirement Gathering and Analysis:
- Collaborate with stakeholders to gather, document, and analyze business and technical requirements.
- Translate business needs into functional and technical specifications.
- 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.
- Stakeholder Collaboration:
- Act as a liaison between business units, technical teams, and external vendors.
- Facilitate workshops and discussions to align on project objectives.
- Process Optimization:
- Identify inefficiencies in payment processes and propose improvement strategies.
- Ensure compliance with regulatory and security standards in payment systems.
- 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.
- 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.
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