Business Analyst – Core Banking & Payment System

We are seeking a proactive and detail-oriented Business Analyst who will be responsible for the development and maintenance of core banking and payment system and will on projects for an esteemed bank.

Mandatory Skill(s)

• Must have 6+ years of experience as a Business Analyst in core banking and payment systems;
• Must have strong knowledge of payment standards: ISO20022, SEPA (SCT, SDD, Instant SCT), and SWIFT formats (MT940, MT942, MT900, MT910);
• Must have experience with payment infrastructures such as Payments Hub, ACH, RTGS, Clearing & Settlement, and bulk payment solutions;
• Hands-on expertise in UAT, functional, and integration testing for banking/payment systems;
• Familiarity with payment reports and formats such as CAMT52/53/54, Pain.002;
• Proficiency in testing tools like ALM/QC, JIRA, and test automation using Cucumber;
• Working knowledge of Kafka, Elasticsearch, JanusGraph, and Kibana for data monitoring and visualization;
• Excellent written and verbal communication skills.

Desirable Skill(s)

• Exposure to Retail, Wholesale, and Corporate Banking;
• Experience with international and domestic payment systems, payment factories, and correspondent banking;
• Understanding of Compliance/AML processes, Cash & Liquidity Management, FX, and Trade Finance;
• Prior experience working in an Agile environment.

Responsibilities

• Gather and validate functional requirements from stakeholders such as Product, Operations, Finance, and Client Services, and translate them into clear specifications (BRD, FSD);
• Collaborate closely with developers, operations, solution architects, and business users to ensure alignment on requirements and solutions;
• Define and execute functional, integration, and regression test scenarios for core banking and payment systems; support SIT and UAT phases;
• Prepare and maintain testing documentation, including test cases, test libraries, and result reports; manage defect tracking and resolution using tools like JIRA/ALM;
• Support user training, product documentation, and vendor integration activities;
• Identify project risks, coordinate issue resolution, and maintain clear communication through stakeholder meetings and regular status reporting.

If you are interested in this role, click on the “Apply to this job” button below or you could also write in with your CV to Sanjana Meduri Venkata at sanjana.m@sciente.com quoting the job title.