Sr. Business Transformation Analyst

Valley Bank; Morristown (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

Valley Bank in Morristown, NJ seeks a Sr. Business Transformation Analyst to support Payment Modernization and Back-Office Operations.

You will partner with Fraud, Compliance, Finance, Product and Engineering to enhance current and future payment capabilities and drive change initiatives across the bank. You will document requirements, create data flow diagrams, develop test scripts, and coordinate with Dep Ops and PMO to keep multiple workstreams on track while fostering continuous improvement

Qualifications

• Bachelor's degree required in business, engineering, finance, or related field.
• Minimum 5 years of banking or fintech process/analyst experience.
• Experience documenting requirements and data flows is preferred.

Responsibilities

• Document business, functional, and non-functional requirements.
• Create mapping documents and data flow diagrams.
• Assess impact of changes on processes and identify interdependencies.
• Develop test scripts with Operations production team.
• Collaborate with Dep Ops Leads to develop and execute tests.
• Manage day-to-day requirements and coordinate with other departments.
• Assist in creating a culture of continuous improvement and process excellence.
• Maintain strong relationships with internal partners and external vendors.
• Assist management in data capture, analysis and presentation for decisions.
• Collaborate with Central PMO to drive requirements across workstreams.

Skills

Payment workflows

Banking APIs

Real-Time Payments

Fraud monitoring

Agile/Scrum

JIRA

Confluence

Lucidchart

Education

Bachelor's Degree in Business/Engineering/Finance

Tools

JIRA

Confluence

Visio

Lucidchart

Job description

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.

The Sr. Business Transformation Analyst will be responsible for supporting key initiatives in Payment Modernization and Back-Office Operations. This role will partner with cross-platform teams -- including Fraud, Compliance, Finance, Product, and Engineering--to enhance and support future-state and current payment processing capabilities. The Sr. Business Transformation Analyst will also be responsible in supporting the Business Transformation project team on the implementation of change initiatives.

Responsibilities Include But Are Not Limited To

• Document business, functional, and non-functional requirements for current and future state.
• Create mapping documents and data flow diagrams in relation to projects.
• Assess the impact of changes on existing organization and business processes and ensure all interdependencies are identified.
• Work with Operations production team to develop project acceptance criteria and test scripts.
• Works with Dep Ops Leads to develop and execute test scripts and ensures a smooth transition from implementation to production. Ensures that Deposit Operations (Dep Ops) requirements are documented and incorporated into project deliverables.
• Manage day-to-day project requirements including ensuring steady progress on own deliverables, following up on open items and facilitating coordination with other departments when necessary.
• Assist in creating a culture of continuous improvement and business process excellence.
• Maintain strong, mutually respectful working relationships with internal business partners and external vendors / contractors, while working on complex programs that aim to transform many of the bank's core processing systems.
• Assist management in the capture, analysis and presentation of data to support business decisions.
• Collaborate with members of the Central PMO to drive requirements and keep progress on track for multiple work streams within a complex business transformation program.

Required Skills

• Hands-on experience with payment workflow integrations, banking APIs, Real-Time Payments (RTP) platforms -- e.g., Zelle/ The Clearing House RTP/ FedNow.
• Strong understanding of payment processing, settlements, ACH, Wire, and ISO 20022 messaging formats.
• Knowledge of fraud monitoring, compliance, or risk mitigation in payments.
• Ability to work with cross-platform teams and excellent communication and stakeholder management skills.
• Familiarity with Agile/Scrum methodologies and experience with tools like JIRA, Confluence, Visio, or Lucid chart.
• Ability to exercise initiative, problem identification, problem solving and independent decision making.
• Demonstrates excellent thinking (analytical and critical) skills and communication (verbal and written) skills.
• Skilled in MS Office suite including Outlook, Teams, Word, PowerPoint and Excel.
• Must be able to thrive under pressure, multi-task and manage competing priorities.

Required Experience

• Bachelor's Degree in Business, Engineering, Finance, Accounting or related field, and a minimum of 5 years' experience as a business or process analyst in banking or fintech.

Preferred Experience

• Previous payments software (example: FIS, Fiserv, Finastra, Finzly, Volante products) implementation experience. Previous experience in the use of Lucid Chart/ Visio to document process flows and in automation testing (Example: API testing through Postman).
• PMP or Six Sigma Certification.