Payments (Flexcube Product) Business Analyst

 

Role overview

As a Business Analyst and Consultant, within the Banking Consulting Group, the person will be responsible to engage with clients across the stages of the Project Lifecycle – Requirements gathering, Mapping processes, Solution architecture & Design through to development, UAT and deployment. This person should be a subject matter expert in Payments, domain with 5 - 15 years of experience, having worked on large payments transformation projects. This person will work closely with Client Business/IT team & internal development and Payment’s product Vendor teams.

 

Role Responsibilities

Interacting with business owners, product teams, product vendors, other applications owners, external customers and internal customers to identify requirements and deliver those within stipulated timelines. Provide content leadership in working with the clients in defining solutions to their business requirements. Responsible for leading High-Level Business & Project Review Meetings for Payments system modernization/transformation. Interacting with business stakeholders for requirements gathering, analysis, documentation etc. Work with the delivery / implementation teams to provide domain inputs and to ensure delivery and implementation of the proposed solution. Interacting with the technical team to ensure that the requirements are clear and well understood. Review test strategy & test specifications, assist in functional testing and provide UAT/BAT support 6-15 years of Industry experience, having worked in Tier-1 IT organizations in BFSI domain with a focus on Payments Domain experience in Low Value Payments, High Value Payments, Cross Border Payments and key regulations & associated IT impacts, affecting the Payments market, such as Single Euro Payments Area (SEPA), Faster Payments, Payment Services Directive, etc. Experience of working on SWIFT (MT 103, MT101, MT202, MT202 Cov), Faster Payments Services, CHAPS, BACS Good understanding of the global Payments Landscape associated instruments (Direct Debits/Direct Credits) and key players for both Retail & Wholesale payments. Expertise in Messaging Schemas, and Message formats Expertise in 3rd Party Payment products - FlexCube Payments OBPM experience (Oracle Banking Payments module) Experience of Solution Architecture / Design and Implementation of Payments solutions Good understanding of the banking domain, applicable Payments regulatory environment (PSDII, SEPA Rule Book Changes etc.) Good communication skills with ability to lead domain discussions with BFSI customers Experience and skills required A strong background in payments domain and a proven ability to quickly understand the business strategy and objectives (Big 4 Advisory experience preferred) Experience in FlexCube Payments OBPM experience (Oracle Banking Payments module. Understanding of SEPA & ISO MX experience is a plus Design thinking, ability to manage multiple stakeholder expectations, communicate in a clear non-ambiguous manner, conduct requirements workshops, drive decision making Experience in documenting business case, business process modelling, requirement elicitation through workshops Manage projects from inception through design to delivery An IT background with a solid grounding in technology Experience of working in both Agile & waterfall SDLCs Communication, group dynamics, collaboration and continuous improvement are core – being best practice driven Masters is a plus