Business Analyst

Position: Senior Payment Business Analyst Location: Bangalore Experience: Minimum 7+ years Domain: Banking & Financial Services / Payments We are seeking an experienced Senior Payment Business Analyst with strong expertise in ISO 20022 messaging standards, payment products, and payment modernization programs. The ideal candidate will have a proven track record of working on payment transformation initiatives, gathering business requirements, and collaborating with business and technology teams to deliver modern payment solutions. Key Responsibilities ● Analyze and document business requirements for payment modernization and transformation initiatives. ● Demonstrate strong knowledge of ISO 20022 messaging standards, including payment message structures and workflows. ● Work with payment systems, products, and processes across domestic and international payment environments. ● Translate business requirements into functional specifications, user stories, and acceptance criteria. ● Collaborate with product owners, architects, developers, QA teams, and business stakeholders. ● Support payment migration, system integration, and legacy payment modernization initiatives. ● Conduct gap analysis between existing payment systems and target-state solutions. ● Support end-to-end payment processing, testing, validation, and implementation activities. ● Ensure payment solutions align with relevant banking regulations, industry standards, and compliance requirements. ● Facilitate stakeholder meetings, workshops, and requirement-gathering sessions. Required Skills & Qualifications ● Minimum 7+ years of experience as a Business Analyst in banking, financial services, or payments. ● Strong hands-on knowledge of ISO 20022 payment messages and standards. ● Experience working on payment modernization programs. ● Good understanding of payment products, payment processing workflows, and banking operations. ● Experience in business requirements documentation, functional specifications, and process mapping. ● Strong analytical, problem-solving, communication, and stakeholder management skills. ● Experience with Agile methodologies, Jira, and Confluence is preferred. Preferred Skills ● Experience with payment transformation, migration, and ISO 20022 implementation projects. ● Knowledge of SWIFT messaging and relevant payment message types, such as pacs, pain, and camt. ● Understanding of domestic and cross-border payments. ● Familiarity with payment clearing and settlement systems. ● Experience supporting functional testing, UAT, defect resolution, and implementation. Ideal Candidate Profile A senior-level Payment Business Analyst with at least 7 years of relevant experience, strong ISO 20022 messaging knowledge, an understanding of payment products, and practical experience delivering payment modernization initiatives. Key Screening Criteria: ISO 20022 messaging expertise, payment product knowledge, payment modernization experience, and 7+ years of relevant experience Show more Show less