Payment Systems - Senior Technical Business Analyst
Location: London, UK (Hybrid working available 1-2 days per week)
About Us: Our client is a leading fintech company specialising in treasury management software solutions. Their platform helps global organisations optimise their cash management, risk management, and treasury operations through cutting-edge technology and innovative solutions. They are on an ambitious journey to build the world's most advanced payment processing platform.
Role Overview: Senior Business Analyst role focusing on enterprise payment systems implementation, requiring expert knowledge of global payment formats, schemes, and processing components.
Key Technical Knowledge Required:
- SWIFT MT message series (MT101, MT103, MT202 incl. ACK/NACK flows)
- Fedwire and CHIPS formats, Regional ACH formats across different geographical regions
- XML and JSON payment structures (API)
- Cross-border payment requirements
- High-Value Payment Systems (HVPS)
- Message transformation services
- Payment routing engines
- Sanction screening integration
- Payment warehousing systems
- Format conversion services
- Payment status tracking
- Payment repair workflows
- Return and recall processing
- Duplicate checking services
Key Responsibilities:
Requirements Documentation:
- Write detailed user stories following the Who/What/Why format to ensure clear business value
- Develop comprehensive scenario-based acceptance criteria using Given/When/Then framework
- Partner with clients to understand their treasury management challenges and translate these into detailed user stories and acceptance criteria
- Create clear documentation that traces from business requirements through to technical implementation
- Ensure all user stories are testable and aligned with business objectives
Payment Processing Design:
- Specify format transformation requirements
- Define payment routing rules
- Payment Template creation and maintenance
- Design payment repair workflows
- Define payment status tracking requirements
Integration Requirements:
- Payment gateway integration
- Banking connectivity requirements
- Sanction screening integration
- Payment networks connectivity
- Payment status messaging
- Return/recall processing
Minimum Qualifications:
- Minimum 7 years in Payment Systems
- Deep understanding of payment formats and schemas
- Experience with payment transformation systems
- Knowledge of payment market infrastructures
- Expertise in payment processing components
- Strong background in payment integration
Required Skills:
- Expert knowledge of global payment systems
- Deep understanding of payment message formats
- Strong analytical and problem-solving capabilities
- Excellence in payment workflow design
- Advanced documentation skills
- Mastery of user story writing and acceptance criteria
Qualifications:
- Bachelor's degree in relevant discipline
- Payment systems certifications
- SWIFT certifications advantageous
- ISO 20022 certification beneficial
The role offers the opportunity to shape sophisticated payment processing solutions while working with cutting-edge payment technologies.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Analyst, Information Technology, and Finance
Industries: IT Services and IT Consulting and Financial Services
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