Business Analyst- Payments

Capco; Pune District, Bengaluru; Hybrid; INR 2,500,000 - 4,000,000; Full time

Job summary

Capco, a Wipro company, seeks a seasoned Business Analyst with 6–10 years’ experience in payments to join our delivery teams in Pune. You will own requirements, map end-to-end payment flows, and collaborate across business, operations, product and technology to drive transformation.

Strong SME in payments, with hands-on experience in Payment Hub integration, ISO 20022 (MX) and SWIFT formats, and clearing rails (RTGS/UPI/NACH/etc.).

Qualifications

• Payments SME with end-to-end payment processing, lifecycle, and operations knowledge.
• Experience with payment hub platforms and API/service-based architectures.
• Knowledge of ISO 20022 (MX) and SWIFT messaging formats and mapping.

Skills

Payments Domain Expertise

Payment Hub & System Integration

Payment Messaging Standards

Clearing & Payment Rails

Business Analysis & Delivery

Job description

About Us

Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the BritishBank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients acrossbanking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

Business Analyst – Payments Domain Experience

• 6–10 years of overall experience, with at least 4+ Years of relevant hands-on experience in the Payments domain.
• Proven experience as a Business Analyst in payments implementation and transformation programs.
• Candidates must have direct Payments domain experience. Profiles with only adjacent banking or financial services experience, without hands-on Payments expertise, will not be considered.

Mandatory Skills

1. Payments Domain Expertise
   • Strong Subject Matter Expert (SME) in the Payments Domain with a deep understanding of end-to-end payment processing, payment lifecycle, and payment operations.
   • Broad Payments domain experience beyond MT-to-MX migration projects, with exposure to Payment Hub modernization, clearing integration, and payment processing initiatives.
2. Payment Hub & System Integration
   • Hands-on experience with Payment Hub/Payment Orchestration platforms, including integration with upstream and downstream banking/payment systems.
   • Strong understanding of payment system integrations, API/service-based architectures, message routing/orchestration, and collaboration with business, operations, product, and technology teams throughout the implementation lifecycle.
3. Payment Messaging Standards
   • Strong knowledge of payment messaging standards, including ISO 20022 (MX) and SWIFT MT message formats, with experience in message mapping, validation, and transformation.
4. Clearing & Payment Rails
   • Proven experience working with clearing schemes and payment rails such as RTGS, ACH, NACH, UPI, NEFT, FPS, SEPA, or equivalent regional clearing systems.
5. Business Analysis & Delivery
   • Proven experience in requirements gathering, business process analysis, solution design, testing, and stakeholder management for payments implementation and transformation programs.
   • Experience in defining functional requirements, business rules, message flows, exception handling, reconciliation processes, and integration specifications for payment systems.

Preferred Skills

• Experience with payment hub products such as Finastra, FIS, Volante, Temenos, Fiserv, ACI, or similar payment processing platforms.