Business Analyst - Payments

Deltra Recruitment
London, United Kingdom
£65000 - £80000 per annum
18 Jun 2022
22 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
or more payment scheme based on regulatory requirements for payment schemes
  • Working with cross platform teams to agree on Target Operating Model, translating business requirements into functional flow, interface specifications, data mapping, translating business requirements into data level changes required
  • Liaising with business/platform teams to communicate and agreement on requirements as per overall payments roadmap
  • Provide expertise and guidance to Payments strategy, design and implementation programmes for our clients
  • Owning data mapping output artefacts (depending on role) from interfaces perspective as a golden source, while collaborating with multiple teams
  • Work within diverse teams to deliver measurable business outcomes to quality and timescales
  • Build effective relationships with peer-level stakeholders across all business and technical workstreams within the firm and in client teams
  • Support clients throughout the whole project lifecycle activities including requirements gathering, solution design and build, end-to-end testing, process definition and change and go-live
  • Define the approach for documenting payment scenarios, including output formats (such that it meets needs of solution architects, development team and testing team)
  • Support/understand (depending on timing) the impact assessments that identify impacts to existing processes (reporting, channels, processes, sanctions, policy adherence such as PSD2 or payments policy etc) and channels and systems and processes (workshops)
  • Define Business payment scenarios for the impacted payments messages eg.
      • (pacs.008, pacs.009 (CORE and COV), pacs.004, haed.001, camt.060, pacs.002, xsys.012)
    • Define user stories and trace to EPICS and objectives
    • Work with delivery teams to ensure solution meets the scheme objectives, EPICS and user stories (including feasibility and options where applicable)
    • Document Payment flows
    • Document to-be Business process flows
    • Produce Data mapping outputs (aligned to scenarios, bi-lateral agreements, other clients' rules)
    • Review design, test plans/cases to ensure alignment with user stories and support the review for EPICS and objectives (traceability)
    • Support the delivery of Epics & Stories through sprints and onto Landing Slot e2e test and implementation

    Skills, Knowledge and Experience

    • Payments experience gained within a leading bank or consulting firm, either within a product, operational or a delivery function.
    • Experience and knowledge of banking and Payments processes and change in areas such as:
      • Commercial and wholesale banking and/or retail banking
      • Payments and digital platform transformation
    • Knowledge of at least one of the below (Depending on Area of Operations)
    • Understanding of Payment schemes (SWIFT, T2, CHAPS, SEPA)
    • Understanding of ISO messaging compliance (including usage guidelines)
    • Understanding of XML's/ XSD's and how the ISO20022 change would impact the scheme from data point of view on internal clients' systems
    • Understanding of GPI Compliance
    • Understanding of Payment Compliance (Domestic and International)
    • Payments messaging standards including ISO20022 (pacs.008, pacs.009 (CORE and COV), pacs.004, haed.001, camt.060, pacs.002, xsys.012)
    • Cross Border Payments
    • The New Payments Architecture Programme (NPA)
    • Experience of working with Payments bodies, schemes, and bodies such as SWIFT, ECB and Bank of England
    • Experience in delivering technology transformation through various ways of working, including scaled agile methodology and working knowledge of Jira and Confluence
    • Good understanding of key banking and Payments business processes across the value chain or at least in one domain
    • Appreciation of emerging technology and trends in Payments

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