Business Analyst-Payments

Role: Business Analyst (Payments)

Location: Bangalore, Pune, Hyderabad, Delhi

Experience : 7-15 Years

Domain E xperience:

• Payments & Cards
• Needs to exhibit excellent knowledge of end-to-end lifecycle of payments – initiation, processing, clearing and settlement
• Excellent knowledge on Credit/Debit cards.
• Knowledge of International and Domestic Payments / Schemes
• Knowledge of Cross border payment schemes like SEPA / Target 2 / CHAPS / SWIFT messages (MT, pain., pacs. series) is an added advantage
• ISO20022 migration experience is an added advantage
• Working knowledge of various SWIFT messages associated to the settlements / corporate actions flows used by banks in various markets.
• In depth understanding of Clearing, Settlements & Corporate Actions processing and associated systems and flow

Roles & Responsibilities

• Precisely capture business problems, value drivers, functional and non-functional requirements, including health, safety, security, usability, data, and supportability considerations.
• Translate business requirements into functionality and assess risks, feasibility, opportunities, and business impact of various solution options.
• Create clear documentation to communicate requirements and related information. Keep updated to align the solution over project lifecycle.
• Traceability of business requirements into solution design to confirm linkage of business functionality/expectations in any new proposed solution.
• Interact with software suppliers, designers, and developers to understand software limitations, deliver elements of system and database design and ensure that business requirements and use cases are handled.
• Create acceptance criteria and validate the solutions through coordinating testing.
• Create and present compelling business cases to justify solution value and establish approval, funding, and prioritization.
• Initiate, plan, execute, monitor, and control Business Analysis activities on projects within agreed parameters of cost, time, and quality.
• Understand and stay abreast with relevant architectures and technologies related to the business area. Research potential solutions and innovate ideas. Guide and manage interactions with technology vendors.
• Lead stakeholder management activities including facilitation of large design sessions.
• Build and maintain strong and effective working relationships with business and IT stakeholders.
• Support long term business strategic goals through proposing improvements in costs, value, process, data, technology, and functionality.
• Guide business stakeholders to gain acceptance/ sign off despite competing objectives.
• Describe Technology in terms easily understood by business customers and set realistic customer expectations for the project outcome. Adjust expectations in accordance with changes in scope.
• Work closely with stakeholders to build trust and understand their goals, motivations, constraints, risks, and operating environment.