Top 12 Urgent requirement of Business Analyst at NJ Quick overview and apply


Business Analyst
Job Description –
We are seeking a skilled IT Business Analyst to join our dynamic team focused on Payments Platform Modernization. The ideal candidate will be crucial in bridging the gap between business needs and technological solutions. As an IT Business Analyst, you will work closely with stakeholders to understand requirements, analyze data, and provide insights that drive strategic decisions and the day-to-day operations in the Payment domain.

Responsibilities –
• Requirement Gathering: Collaborate with Product Managers and business stakeholders to gather, ideate, and document detailed requirements related to SWIFT ISO 20022 transformation, Wires Payment Processing, and applications.
• Provide requirements walkthrough and clarifications to the developers and as needed.
• Analysis and Documentation: Analyze complex data sets, processes, and systems to identify areas for improvement for payment processing and platform modernization. Document business processes, workflows, and system functionalities.
• System Integration: Work closely with IT development teams to create functional flow charts and ensure seamless integration of systems and applications supporting payments business functions.
• Data Analysis: Perform data analysis to extract meaningful insights and trends related to different payment types, workflow steps, customer behavior.

• User Acceptance Testing (UAT): Support UAT for new system implementations or enhancements to ensure that solutions meet business requirements.
• Continuous Improvement: Identify opportunities for process improvements and efficiency gains within Payment business domain. Propose and implement solutions to enhance overall business operations.
• Stakeholder Communication: Act as a liaison between business stakeholders and IT teams. Clearly communicate technical information to non-technical stakeholders and vice versa.
• Documentation: Maintain comprehensive and up-to-date documentation of business processes, requirements, and system configurations.

Qualification –
• 7+ years of related experience as a business analyst
• Strong knowledge in Banking Payments Domain.
• Provides subject matter expertise of SWIFT CBPR+ ISO20022 transformation requirements and other payment domains such as Fed Wire.
• Nice to have real time payments, ACH, Zelle payments expertise.
• Provided detailed subject matter expertise to business analysts and development teams relating to the introduction of SWIFT ISO 20022 messaging.
• Experience/Exposure to Financial Crimes Compliance – such as OFAC scan, AML, Alert Investigations, Knowledge with Actimize or any other OFAC Scanning products.
• Experience with re-engineering of the platform is plus.

• Technical Knowledge – (Must) Jira, Confluence, Strong SQL Skills, Data Analysis skills, Agile Experience ( Epics, Stories, Working in Scrum/Sprint), software development life cycle
• Strong communication skills, both verbal and written; as well as work in an international team setting.


Ajith Maria Alban

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