Business Analyst - Payment Domain

3 CUBED BUSINESS CONSULTING PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A consulting firm in Singapore is seeking a seasoned Business Analyst specializing in the Payment domain. The ideal candidate will have over 10 years of experience in the Payments industry, particularly in Banking/Financial sectors, with strong skills in ISO 20022 and SWIFT formats. Responsibilities include engaging stakeholders, documenting requirements, and leading analysis activities. Excellent communication and leadership skills are essential for success in this role.

Qualifications

• 10+ years of experience in the Payments Industry, focusing on the BFSI domain.
• Strong experience with ISO 20022 and SWIFT formats, along with a proven track record in payments modernization.
• Excellent communication skills with the ability to work with senior stakeholders.

Responsibilities

• Engage in business analyst roles covering all SDLC phases using AGILE methodology.
• Liaise with stakeholders to formulate detailed requirements and produce documentation.
• Perform analysis and investigate production defects during the project lifecycle.

Skills

Business Analyst

Payment/ Banking Domain

ISO20022

SWIFT format

Payment Schemes

Agile

Job description

Business Analyst - Payment Domain

Experience: 10+ Years

Key Skills: Business Analyst, Payment/ Banking Domain, ISO20022, SWIFT format, Payment Schemes, Agile

Job Requirement

• Knowledge of Banking Payment Systems and/or Banking Domain.
• Knowledge of ISO 20022 and SWIFT formats, payment schemes.
• To undertake business analyst roles covering SDLC phases (requirements, specifications, test cases, and implementation) using AGILE methodology of delivery.
• Liaising with business teams, colleagues, third party vendor(s) & partner systems to formulate detailed requirements.
• Interpreting user requirements and produce detailed documentation (including processes) to be used to communicate to technical and test teams.
• Producing high-level and detailed impact assessments to inform estimated effort for work packages.
• Writing, analyzing & reviewing high level test scenarios.
• Involvement in analysis & investigation of Production defects and Testing issues raised during project life cycle.
• Ability to walk-through Business Operations team the detailed requirements and the technical design to showcase the solution.
• Required to encourage best practices in the development of solutions and ensure delivery of qualitative and cost efficient system solutions.
• Expected to carry out knowledge sharing and training activities where required.

Required Skills

• 10+ years of Payments Industry experience, having worked in Tier-1 IT organizations in BFSI domain for large payments modernization/SEPA compliance, Real Time Payments, payments hub implementation projects.
• Strong experience on ISO 20022 (PAIN, PACS, CAMT, ADMI), SWIFT formats.
• Payments Schemes - Singapore, Hongkong, India, ASEAN region.
• Products - ACI MTS (Money Transfer Systems) and UPF (Universal Payments Framework) is preferred.
• Excellent communication skills with ability to lead domain discussions independently.
• Proven ability to work with senior stakeholders and business sponsors and gain consensus and agreement.

Basic Information (Mandatory Details):

• Do you have experience working for a Financial/ Banking sector?
• How many years of experience do you have in Payments Domain as a Business Analyst?
• Do you have knowledge of ACH- Fedwire, Zelle P2P, BillPay, Cards networks, schemes CHIPS, Faster Payments, Swift & system solutions?
• Do you have experience in Defining enterprise blueprints & architecture roadmaps?
• Do you have experience in SWIFT Standards: Knowledge of SWIFT architecture, messaging middleware design and ISO 20022 and MT message formats?