Business Analyst (Payments Domain) required in MA (Onsite)

[Shilpi G]

Hi,

Please find the requirement below and let me know your interest..

POSITION

Business Analyst – Payments Domain (MUST)

Boston, MA (Onsite)

12+ Months Longterm Contract

Job Summary:

We are seeking an experienced Business Analyst with strong Payments domain knowledge to bridge the gap between business requirements and technology solutions. The ideal candidate will have a deep understanding of payment processing, clearing & settlement systems, ISO 20022, SWIFT, ACH, RTP, card payments, and regulatory compliance. This role involves gathering requirements, analyzing business processes, collaborating with stakeholders, and supporting delivery teams to implement effective payment solutions.

Key Responsibilities:

Gather, analyze, and document business requirements for payments-related initiatives.

Collaborate with stakeholders including product owners, business users, and technical teams to define functional and non-functional requirements.

Work on end-to-end payment flows including domestic, cross-border, real-time payments, card processing, and digital wallets.

Translate business needs into BRDs, FSDs, user stories, and process flows.

Conduct gap analysis and impact analysis for payment systems and regulatory changes.

Ensure compliance with industry standards such as SWIFT, ISO 20022, PCI DSS, NACHA, SEPA, and local regulatory frameworks.

Support UAT by defining test scenarios, reviewing test cases, and validating business requirements.

Partner with technology teams to ensure timely delivery of payment solutions.

Prepare presentations, reports, and dashboards for senior stakeholders.

Stay updated on emerging payment technologies, fintech trends, and regulatory updates.

Required Skills & Qualifications:

Bachelor’s degree in Finance, Business, Information Technology, or related field.

5+ years of experience as a Business Analyst, with at least 3+ years in the Payments domain.

Strong knowledge of payment processing, clearing, settlement, and reconciliation systems.

Experience with ISO 8583, ISO 20022, SWIFT messages, ACH, Wire Transfers, RTP, SEPA, and card networks (Visa/MasterCard).

Familiarity with AML/KYC, fraud detection, and regulatory compliance in payments.

Proficient in Agile methodologies (Scrum/Kanban) and tools such as JIRA, Confluence, MS Visio.

Strong analytical, problem-solving, and documentation skills.

Excellent communication and stakeholder management abilities.

Preferred Skills:

Prior experience in banking, fintech, or financial services domain.

Exposure to Payment Hubs, Core Banking Systems, APIs, and Digital Banking platforms.

Knowledge of cloud-based payment solutions and blockchain/DLT in payments.

Thanks and regards,

Shilpi
Upstream Global Services

Email ID: shi...@upstreamgs.com