Business Analyst - Payments Testing Focus

Venn Group; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading investment banking firm is seeking an experienced Business Analyst with a focus on payments and testing. This role is critical to ensuring efficient and compliant IT change delivery across payment platforms. The ideal candidate will possess analytical expertise, strong knowledge of payment systems, and excellent communication skills to bridge the gap between business and IT teams.

Qualifications

• 3–5 years of experience as a Business Analyst.
• At least 2 years focused on testing in banking payments environments.
• Prior experience in payment processing organization is preferred.

Responsibilities

• Lead a review of payment testing processes, identifying gaps and opportunities for improvement.
• Collaborate with stakeholders to document and map business requirements.
• Develop or improve test plans and scripts ensuring coverage from requirements to test cases.

Skills

Analytical Mindset

Payments Knowledge

Communication

Education

Certified Business Analysis Professional (CBAP)

ISTQB Certified Tester

Tools

Testing Tools & Methodologies

Job description

Business Analyst – Payments Testing Focus
Location:London
Industry:Investment Banking

We are looking for an experienced Business Analyst with a strong background in payments systems and testing processes to join our team within a leading banking environment. This role is essential to ensuring robust and efficient IT change delivery across payment platforms.

The successful candidate will combine analytical expertise with hands-on testing knowledge to assess and improve end-to-end testing capabilities for payment systems. This includes identifying gaps, enhancing process efficiency, and ensuring all change initiatives are thoroughly validated, traceable, and compliant with regulatory standards.

Key Responsibilities

• End-to-End Testing Analysis: Lead a comprehensive review of existing payment testing processes, identifying gaps and opportunities for improvement across systems and tools.

• Requirements Gathering & Process Mapping: Collaborate with business and IT stakeholders to elicit, document, and map out business and testing requirements aligned to payments change initiatives.

• Test Planning & Traceability: Partner with business and IT testing teams to develop or improve test plans, test scripts, and traceability matrices ensuring coverage from business requirements through to final test cases.

• Data Analysis: Use transaction data and test results to identify trends, uncover issues, and support decision-making related to payment processing improvements.

• Stakeholder Engagement: Serve as a bridge between business units, IT teams, and external vendors to ensure alignment on testing goals, timelines, and quality standards.

• Documentation: Produce clear and detailed artefacts including business requirements, functional specs, process flows, and user guides to support payment testing initiatives.

• Project Support: Assist in project tracking, reporting, and delivery management for changes impacting payment platforms.

• Regulatory Compliance: Ensure all solutions meet relevant industry regulations and standards (e.g., ISO 20022, PSD2).

Key Skills & Experience

• Experience: 3–5 years of experience as a Business Analyst, with at least 2 years focused on testing in banking payments environments.

• Payments Knowledge: Solid understanding of payment systems, including domestic and international payments, clearing and settlement mechanisms, and payment testing strategies.

• Testing Tools & Methodologies: Experience with manual and automated testing practices, testing frameworks, and tools.

• Analytical Mindset: Ability to interpret complex data, spot patterns, and drive improvements in processes and systems.

• Communication: Excellent verbal and written communication skills with the ability to translate technical concepts for business stakeholders.

Preferred Qualifications

• Certifications:

  • Certified Business Analysis Professional (CBAP)

  • ISTQB Certified Tester or equivalent testing qualification

• Domain Experience:

  • Prior experience working in a similar role within a bank or payment processing organisation.