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Synechron - Business Analyst - Payments

Synechron - Business Analyst - Payments

SYNECHRON TECHNOLOGIES PRIVATE LIMITEDChennai, India
30+ days ago
Job description

We are looking for Seasoned Business Analyst with 7 Plus years experience and hands on experience on Payments or Transactional banking domain.

Business Analyst - Payments Domain (Pune / Chennai).

We are seeking an experienced Business Analyst with a strong background in Payments, to join our team in Pune or Chennai.

The ideal candidate will have approximately 8-10 years of experience in the payments industry, with deep expertise in various payment mechanisms and banking domains.

Key Responsibilities :

  • Gather, analyse, and document business requirements related to Wires, ISO 20022, and other payment transfer systems.
  • Liaise between business teams, technical teams, and stakeholders to ensure clear understanding and successful implementation of payment solutions.
  • Conduct gap analysis to identify enhancements in existing banking platforms, especially core banking and payment processing systems.
  • Contribute to the design and optimization of payment processing workflows and ensure compliance with industry standards such as ISO 20022.
  • Support the integration of ISO 20022 messaging standards across banking platforms, ensuring seamless interoperability and compliance.
  • Collaborate on the development and testing of payment gateway integrations, wire transfer enhancements, and platform upgrades.
  • Monitor industry trends in digital payments, banking channels, and regulatory changes to advise the organization accordingly.
  • Facilitate end-user training and documentation related to new payment features or updates.

Preferred Skills & Experience :

  • 8-10 years of experience as a Business Analyst in the Payments Domain.
  • Strong understanding of Wire Transfers, ACH, SWIFT, SEPA, and other international / domestic payment systems.
  • Extensive experience with ISO 20022 messaging standards and implementation across banking platforms.
  • Solid knowledge of Core Banking Systems, Payment Gateways, and Platform-related functions.
  • Familiarity with Banking Regulatory Standards and compliance requirements.
  • Ability to translate complex payment processes into clear documentation and functional specifications.
  • Technical Skills :

    Proficiency in payment systems analysis tools and methodologies.

    Experience with SQL for data analysis and validation.

    Familiarity with business process modelling and requirements management tools.

    Understanding of API integrations and platform architecture related to banking payments.

    Location :

    Pune or Chennai based with flexibility for remote or hybrid working arrangements.

    (ref : iimjobs.com)

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