Payments Business Analyst

Tata Consultancy Services; New Castle (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

Tata Consultancy Services Limited seeks a Payments Business Analyst to bridge business stakeholders and technology teams across payments processing, clearing, and settlement. You will own requirements, solution design, and delivery across payment platforms in a fast-paced environment.

The role demands deep domain expertise in payments (ISO 20022, SWIFT MT/MX, RTP) and knowledge of the end-to-end lifecycle from initiation to reconciliation. Location: New Castle, DE.

Qualifications

• Gather, analyze, and document business requirements for payments initiatives.
• Translate business needs into clear functional specifications and user stories.
• Conduct gap analysis between existing and proposed payment systems.
• Create BRDs, FRDs, use cases, process flows, and functional specs.

Responsibilities

• Bridge business stakeholders and technology teams to drive requirements and delivery across payment platforms.
• Define solution designs and ensure end-to-end delivery for payments initiatives.
• Ensure alignment with end-to-end payment lifecycle: initiation, processing, settlement, reconciliation.

Skills

Payments

Business Analysis

ISO 20022

SWIFT MT/MX

Job description

Payments Business Analyst

We are seeking a Payments Business Analyst with deep domain expertise across payments processing, clearing & settlement, and digital payments ecosystems. The candidate will act as a bridge between business stakeholders and technology teams, driving requirements, solution design, and delivery across payment platforms.

Must Have Technical/Functional Skills

1. Business & Functional Analysis

• Gather, analyze, and document business requirements for payments initiatives
• Translate business needs into clear functional specifications and user stories
• Conduct gap analysis between existing and proposed payment systems
• Create BRDs, FRDs, use cases, process flows, and functional specs

2. Payments Domain Expertise

• Work across key payments areas:
  • Wire Payments (SWIFT, Fedwire, CHAPS)
  • ACH / SEPA
  • Real-Time Payments (RTP) / Faster Payments
  • Cards & Merchant Payments
• Understand end-to-end payment lifecycle:
  • Initiation
  • Validation
  • Clearing
  • Settlement
  • Reconciliation

Domain Skills

• Strong experience in Payments (mandatory)
• Knowledge of:
  • ISO 20022
  • SWIFT messaging (MT/MX)
  • Payment hubs / core banking systems

Salary Range- $90,000-$130,000 a year

Location

New Castle, DE

Function

TECHNOLOGY

Role

Business Analyst

ID

430272

Skills

Business Analysis

Salary Range

$90,000 - $130,000