PAYMENTS BUSINESS ANALYST

Black Financial Consult; United States; Remote; USD 85,000 - 125,000; Full time

Job summary

Black Financial Consult is seeking a Payments Business Analyst to bridge business, product, compliance, and engineering teams for secure, scalable payment solutions.

You will gather requirements, analyze payment flows, define API specifications, and support integrations with banks and fintech partners while ensuring regulatory compliance. The role requires strong analytical skills, experience with APIs, and proficiency in Agile environments.

Qualifications

• Bachelor’s degree in Business, Finance, Computer Science, or related field.
• 3–6 years as a Business Analyst, preferably in payments/fintech.
• Strong understanding of payment systems and digital financial services.
• Experience in Agile environments.
• Translate business needs into technical requirements.
• Strong analytical, documentation, and stakeholder management skills.

Responsibilities

• Gather and document business requirements for payment products and solutions.
• Analyze end-to-end payment flows including collections, disbursements, and settlements.
• Define functional specifications for payment APIs and integrations.
• Work with Product Managers and Engineers to design payment system workflows.
• Support integration with banks, payment gateways, and fintech partners.
• Identify and document business rules for transaction processing and reconciliation.
• Assist in testing, UAT, and validation of payment functionalities.
• Ensure compliance with relevant payment regulations and standards.
• Support issue resolution related to payment processing and transaction failures.
• Collaborate with stakeholders to improve payment efficiency and user experience.

Skills

Business analysis

Payments knowledge

Agile

Stakeholder management

Requirements gathering

Regulatory compliance

Education

Bachelor’s degree in Business, Finance, CS, or related field

Job description

This is a remote position. The Payments Business Analyst will bridge business, product, compliance, and engineering teams to deliver secure, efficient, and scalable payment solutions. The role focuses on requirements gathering, payment flow analysis, integration support, and ensuring alignment with regulatory and operational standards.

Key Responsibilities

• Gather and document business requirements for payment products and solutions.
• Analyze end-to-end payment flows including collections, disbursements, and settlements.
• Define functional specifications for payment APIs and integrations.
• Work with Product Managers and Engineers to design payment system workflows.
• Support integration with banks, payment gateways, and fintech partners.
• Identify and document business rules for transaction processing and reconciliation.
• Assist in testing, UAT, and validation of payment functionalities.
• Ensure compliance with relevant payment regulations and standards.
• Support issue resolution related to payment processing and transaction failures.
• Collaborate with stakeholders to improve payment efficiency and user experience.

Required Qualifications

• Bachelor’s degree in Business, Finance, Computer Science, or related field.
• 3–6 years of experience as a Business Analyst, preferably in payments or fintech.
• Strong understanding of payment systems and digital financial services.
• Experience working in Agile environments.
• Ability to translate business needs into technical requirements.
• Strong analytical, documentation, and stakeholder management skills.
• Good understanding of system integrations and APIs.

Technical & Functional Expertise

• Financial regulations (AML, KYC, CBN guidelines, GDPR, etc.)
• Risk & compliance frameworks
• Regulatory reporting and audit processes
• Policy development and governance frameworks
• Data privacy and cybersecurity regulations
• Fintech and digital payments compliance
• Cross-border regulatory understanding
• Product compliance integration (working with engineering/product teams)