Business Analyst -Cross-Border Payments

Unison Group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Singapore is looking for an experienced Business Analyst specializing in cross-border payments. The candidate will gather requirements, support projects involving payment systems, and ensure compliance with regulatory standards. Ideal applicants should have at least 5 years of banking experience and proficiency in tools like JIRA and SQL.

Qualifications

• 5 years of experience as a Business Analyst in banking/financial services.
• Strong understanding of SWIFT messages and cross-border clearing mechanisms.
• Knowledge of AML/KYC, sanctions screening, and regulatory compliance.

Responsibilities

• Gather, analyze, and document business requirements for payment solutions.
• Support projects involving SWIFT, ISO 20022 migration, SEPA, RTP.
• Perform gap analysis between existing processes and proposed solutions.

Skills

Cross-border payments

SWIFT

ISO 20022

Regulatory compliance

Analytical skills

Stakeholder management

Documentation skills

Tools

JIRA

Confluence

MS Visio

Excel

SQL

Job description

Overview

We are seeking an experienced Business Analyst with a strong background in cross-border payments to join our team. The ideal candidate will have hands-on experience in payment systems, SWIFT, ISO 20022, correspondent banking, and regulatory compliance. You will act as the bridge between business stakeholders, technology teams, and operations to deliver high-quality solutions in the payments domain.

Key Responsibilities

• Gather, analyze, and document business requirements for cross-border payment solutions.
• Work closely with product owners, technology teams, and operations to translate requirements into functional specifications.
• Support projects involving SWIFT, ISO 20022 migration, SEPA, RTP, and correspondent banking flows.
• Perform gap analysis between existing processes and proposed solutions.
• Assist in solution design, process mapping, and workflow improvements for payment systems.
• Coordinate with QA/testing teams to define test cases, validate results, and ensure system readiness.
• Manage stakeholder communications and ensure alignment with business goals and regulatory standards.
• Track project deliverables, report progress, and escalate risks or issues as necessary.
• Stay updated with regulatory guidelines (FATF, AML, KYC, PSD2, MAS, RBI, etc.) and ensure compliance.

Qualifications

• 5 years of experience as a Business Analyst in banking/financial services, with focus on cross-border payments.
• Strong understanding of SWIFT messages (MT, MX), ISO 20022, and cross-border clearing mechanisms.
• Experience with payment hubs, settlement systems, and correspondent banking models.
• Knowledge of AML/KYC, sanctions screening, and regulatory compliance in payments.
• Strong analytical, documentation, and problem-solving skills.
• Proficiency in tools such as JIRA, Confluence, MS Visio, Excel, and SQL (basic queries).
• Excellent communication and stakeholder management skills