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- We are seeking a highly motivated and experienced Payments Business Analyst to join our team.
- In this role, you will play a critical role in understanding and analysing the payments landscape in the US market.
- Your expertise will help us drive strategic decisions, develop new products, and enhance existing solutions.
- Knowledge of FIS products are considered a valuable asset.
- Collaborating with business and solutions managers to capture, in writing, the requirements and specifications necessary to enhance, extend, or strengthen customer applications/products and other related integrated systems.
- Be a member of the development team and responsible for working with Solution Management personnel, our clients, and development teams to establish and document functional and Technical Business requirements.
- Requirements elicitation and preparing specifications from client requirements.
- Define business objectives and translate them into actionable plans.
- Work closely with product development teams to ensure that product features align with market needs and customer expectations.
- Strong communication and presentation abilities.
- Exhibit solid decision-making and strong problem-solving skills.
- Experience working in Agile organization.
- Exposure and familiarity working Jira and related development management tools.
- Stay up to date with industry trends and regulatory changes, especially those related to ISO 20022 adoption in the US.
- Evaluate and enhance existing payment products and solutions to ensure alignment with ISO 20022 standards.
- In-depth knowledge of ISO 20022 standards and mapping of legacy message formats to ISO20022 and their relevance to payment processes.
- Knowledge in handling SWIFT MT message formats, including MT1xx, MT2xx, MT300, and MT9xx.
- Knowledge in the implementation of ISO20022 payment message formats, such as PAIN (Payment Initiation), PACS (Payment Clearing and Settlement), and CAMT (Cash Management).
- Familiarity with various payment Rails and Clearing houses like SEPA, BACS, ACH, Fedwire, Fednow, RTP, CHIPS, TCH and NACHA.
- Understanding of regulatory requirements and compliance related to payment systems.
- End to end implementation knowledge in processing of a cross boarder/domestic payment.
- Knowledge of FIS products are considered a valuable asset.
- Knowledge in handling FX, Rejections, Returns & Reconciliations.
- Knowledge or Qualified in the SaFe Agile Framework.
- Define business Wireframes & Process flows.
- Knowledge on API's, their design and documentation.
- Strong expertise in handling integration and connectivity with different microservices or external applications/service providers.
- writing of user stories and user acceptance criteria by following the Gherkin format
- Perform Gap analysis and preparation of RAID log.
- Provide training to internal teams and customer support personnel on payment processes and systems.