Payments Business Analyst

Job Title: Payments Business Analyst

Location: New Castle, DE / Jersey City, NJ / Tampa, FL/onsite

Position type: Full time/Permanent role

Description:

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:

o             Wire Payments (SWIFT, Fedwire, CHAPS)

o             ACH / SEPA

o             Real-Time Payments (RTP) / Faster Payments

o             Cards & Merchant Payments

•              Understand end-to-end payment lifecycle:

o             Initiation → Validation → Clearing → Settlement → Reconciliation

Domain Skills

•              Strong experience in Payments (mandatory)

•              Knowledge of:

o             ISO 20022

o             SWIFT messaging (MT/MX)

o             Payment hubs / core banking systems