Business Analyst with Payments Domain

Softpath System, LLC.
New York

Role: Business Analyst with Payments Domain

Location: New York, NY


Position Summary:

Candidate should be working or have worked as a Business Analyst on the Payments Transformation Projects in a large multinational Bank.

Candidate should have a reasonable understanding of the overall Payments domain with specific in depth understanding of the core Payments processing functions.

Job Description:

Be part of the Payments Product/ Hub or Engine Implementation / Enhancements

Handling implementation of Change requests or new functionality with writing User stories, Functional Requirements , Interfaces documents, Test Scenarios etc.

Work with Senior / Lead BA's in discussions with business and IT teams

Work in conjunction with onshore–offshore team model for various incidents, problems and changes.

Work with project leads to help them interpret and understand the business and functional requirements, interfaces requirements and test requirements respectively. Test requirements cover functional end to end testing, SIT and UAT Scenarios

Should be able to perform analysis of source systems and extract the relevant information into use cases that will be required for field mapping and interfacing

Job Specification:

Good depth of knowledge in Payments domain i.e. End to End processing flows of Cross Border Funds Transfer, Domestic Funds transfer, Real time Payments
– Transaction Processing from Origination till Settlement
– Resolving STP barriers like fixing all static data set ups and configurations
– Experienced in writing Artifacts like User stories, Functional and Interface documents for Development

Knowledge of Global Clearing and Settlement systems especially Fedwire, US CHIPS, NACHA

Knowledge of Typical set of interfaces in Payments ecosystem Internal (Sanctions, Rates etc.) and External (Gateways, Interfaces etc.)

Experience in Using UML and other tools TLC tools

Knowledge of PL/ SQL and on Production Reports will be added advantage

Knowledge of SWIFT innovations and implementation methods

Other Attributes:

Good spoken and written communication skills

Lead and take ownership of initiatives

Good Analytical & Problem–Solving Skills

Strong Team Player ability to work in Cross functional teams

Ready to work as per the Client needs


Overall 10–12 years of Experience in the Payments Domain in Banking IT Projects

– provided by Dice