Senior Business Analyst with Payment Domain - softsnippets

Role: Senior Business Analyst with Payment Domain

Location: Lake Mary, FL / Pittsburgh, PA (Day 1 Onsite)

Experience: 12+ Years

Client: Virtusa/BNYM

Job Description:

 12+ Years of Business Analysis experience with payment Domain / Capital market.

• Capital Markets Knowledge: Strong understanding of capital market operations, securities, trading workflows, and payment-related aspects within capital markets.
• Compliance and Risk Management: Ensure all payment processes adhere to regulatory standards and internal compliance policies, particularly AML, KYC, and transaction reporting requirements including PCI-DSS, GDPR, and AML regulations.
• Data-Driven Insights: Use customer feedback, market research, and performance analytics to inform product decisions and continuously improve payment solutions.
• Agile Methodology: Act as the Scrum Product Owner, leading sprint planning, daily stand-ups, and retrospective meetings to ensure the team delivers high-quality features on time.
• Understanding of international payments, currency exchange, and cross-border transaction regulations.
• Business Requirements Gathering: Collaborate with stakeholders to understand payment and capital market's needs, documenting detailed business requirements and functional specifications.
• Payments Expertise: Leverage knowledge in payment processes, including SWIFT, ACH, SEPA, and wire transfers, to identify and address system and process improvements.
• Data Analysis and Reporting: Analyze data to identify trends, gaps, and inefficiencies in payment processes. Generate insights that support decision-making and strategic planning.
• Analyses and defines business requirements and functional or operational specifications for small to moderate sized projects of limited complexity. Formulates and defines system scope and objectives. Interfaces with all areas of IT on behalf of the business to resolve IT matters and improve business processes.
• Collects and defines business or functional requirements and translates them into functional design, test planning, and user documentation processes. Formulates project scope, objectives, constraints and assumptions based upon user needs as well as knowledge of the application.
• Participates in development of the functional design and user documentation by analyzing business process flows or client requests and identifying changes. Uses knowledge of business needs to provide design support to software and application development teams.
• Gathers information and provides analysis of business issues or client feedback for a specific function or application.
• Trains users on new or enhanced applications and/or systems that are more straightforward in nature.
• Supports testing of new or enhanced applications and/or systems. Tasks include case development, requirement traceability analysis, test preparation, script writing, and functional test execution. Identifies areas for improvement and works with technology teams to improve applications for business use.
• Uses general knowledge of regulatory and legal requirements and BNY corporate policies involving risk and control to support the development of improved business processes through technology.