Wire Transfer / ACH Payments - Business Analyst

Role: Business Analyst – Wire Transfer / ACH Payments
Location: NYC, NY – (Hybrid – 3 days onsite per week)
Type: Long Term Contract
Industry: Payments Domain

Job Summary

Client is seeking an experienced Business Analyst with strong expertise in Wire Transfer, ACH Payments, and Banking Operations. The candidate will work closely with business stakeholders, product owners, technology teams, operations, compliance, and QA to support payment modernization initiatives, regulatory enhancements, and strategic payment platform transformations.

The ideal candidate should possess deep knowledge of US payment systems, including Fedwire, ACH, SWIFT, and have experience writing business requirements, process mapping, and supporting Agile delivery within financial institutions.

Responsibilities

• Gather, analyze, and document business requirements for Wire Transfer and ACH payment systems.
• Work with business users to understand payment workflows and operational processes.
• Prepare BRD, FRD, User Stories, Acceptance Criteria, and Functional Specifications.
• Analyze current payment processing workflows and recommend improvements.
• Coordinate with Technology, Operations, Compliance, QA, and Product teams.
• Support payment modernization and digital transformation initiatives.
• Perform GAP analysis and impact assessments for new payment initiatives.
• Ensure compliance with banking regulations and internal controls.

Required Skills

• 7+ years of Business Analysis experience.
• Strong experience in:
• Wire Transfer
• ACH Payments
• Fedwire
• SWIFT MT/MX Messages
• Payment Processing
• Treasury Services
• Cash Management
• Knowledge of U.S. payment systems and ACH processing rules.