Payments Business Analyst

Job Description

Cradlefin Consultants are recruiting for a Payments Business Analyst professional with 10+ years of experience in Retail/Corporate Banking with at least 5+ years in payments domain. Hybrid (Office + Home)

Key Responsibilities:

• Support in determining key business requirements for identification of payments flows. Identifying and documenting key data elements within processing systems to enable rules-based controls to be set for management of large and anomalous payments
• Perform root cause analysis of payment related Operational Risk Events and how these will be resolved through identified solutions, identifying any gaps
• Perform root cause analysis of payment related Operational Risk Events and how these will be resolved through identified solutions, identifying any gaps
• Work closely with the product manager(s), Solution Architect, IT Development and delivery manager(s)
• Train team on Payments Domain and testing expertise

Qualifications:

• Experience in delivering IT projects using various models such as Waterfall and Agile methodologies primarily in Payments areas for Banking & Financial services
• Strong knowledge on Payments business processes and Integrations and payment gateways.
• Knowledge & understanding of payments workflows and controls
• Good understanding of Clearing, Payments such as Automated/Bulk processing of Payments, CHAPS, BACS, Faster Payments, Debit, Credit Cards, Wallets, ATM and End of day processes
• Knowledge of UK payments and processes using a Payment Service Provider (PSP). Stripe. Government Banking’s PSP, Worldpay (central government or health sector organisations
• Good understanding of Domestic and International fund transfers, cross border payments including SWIFT – MT 100 series, MT 200 series, MT700 series, MT 900 series
• Good understanding of KYC/AML, FATCA, FCA, PSR and other UK Payments regulations
• Experience of Core Banking systems like Mambu / FintechOS / Finova / FIS / Oracle / Flex cube /Finacle CBS with fair Knowledge on Savings, Deposits & Lending products
• Experience of working in Individual contributor role and collaborating with multiple stakeholders from Project Initiation, Requirement gathering, Design, Development, Test, UAT, Go Live stages as a Payments SME
• Should have experience of working in projects for International Banking clients preferably UK banking / Non-banking clients
• Extensive experience working in a client facing role-managing expectations of various stakeholders
• Additional Abilities, Skills & Knowledge:
• Strong communication, interpersonal, analytical, leadership & team building skills with proficiency at grasping new concepts quickly and utilizing the same in a productive manner.
• Experienced in technology and process Transition management
• Extensive experience working in a client facing role-managing expectations of various stakeholders
• Excellent verbal and written communication
• Adhere process, quality and production standards or goals

If you feel you have the right values and skills to become part of our dynamic team and can deliver high standards of care then we would love to hear to from you!