Business Analyst

Project Role : Business Analyst

Project Role Description : Analyze an organization and design its processes and systems, assessing the business model and its integration with technology. Assess current state, identify customer requirements, and define the future state and/or business solution. Research, gather and synthesize information.

Must have skills : Clear2Pay

Good to have skills : Payments Fundamentals, Core Banking, Fiserv Enterprise Payments Platform

Minimum 7.5 Year(s) Of Experience Is Required

Educational Qualification : 15 years full time education

Summary:

As a Business Analyst, We are looking for a skilled Payments Business Analyst to join our team, focusing on SEPA and DKK payments. The ideal candidate will have strong expertise in European and Nordic payment schemes, cross-border transactions, and end-to-end workflows. They will be responsible for gathering business requirements, collaborating with stakeholders, and supporting the implementation of compliant, efficient payment solutions.

Roles & Responsibilities:

• Act as a Payments SME for SEPA and DKK payments, ensuring compliance with EPC, NPC, SEPA, and P27 frameworks.
• Gather, analyze, and document business and functional requirements for SEPA Credit Transfers (SCT), Direct Debits (SDD), instant payments, and DKK clearing transactions.
• Collaborate with business users, product teams, and technology stakeholders to design solutions aligned with industry best practices and regulatory mandates.
• Work extensively with ISO 20022 formats (PAIN, PACS, CAMT) and validate the impact of regulatory changes.
• Define and support batch processing logic for SEPA and DKK payments, ensuring accurate settlement and reconciliation.
• Partner with technical teams to design and test payment workflows, validation rules, and exception handling.
• Support UAT, SIT, and production deployment, ensuring test cases align with business scenarios and compliance requirements.
• Analyze and troubleshoot payment failures, rejections, and compliance checks, providing remediation strategies.
• Ensure alignment with AML, KYC, fraud control, and compliance frameworks for SEPA and DKK transactions.
• Provide training and guidance to junior analysts on SEPA rules, Nordic clearing mechanisms, and batch processing structures.
  
  

Professional & Technical Skills:

• 5+ years of experience in Payments, with expertise in SEPA and DKK payments, and preferably other local schemes or cross-border payments.
• Strong knowledge of SEPA Credit Transfer (SCT), instant payments, and Nordic clearing systems.
• Experience in batch processing, reconciliations, and settlement workflows.
• Hands-on expertise in ISO 20022 formats (PAIN, PACS, CAMT) and message transformations.
• Familiarity with payment gateways, clearing systems, and correspondent banking networks.
• Ability to analyze payment regulations, compliance frameworks, and fraud risk controls.
• Proficiency in SWIFT messaging, AML screening, and transaction monitoring is a plus.
• Strong analytical, problem-solving, and stakeholder management skills.
• Experience working with Agile methodologies, JIRA, Confluence, and BA tools.
• Basics of Kafka for payment event streaming.
• Command Line proficiency for troubleshooting and batch operations.
• Hands-on experience with Postman for API testing.
• Knowledge of REST APIs and SOAP services for payment integrations.
  
  

Additional Information:

• The candidate should have minimum 7.5 years of experience in Clear2Pay.
• This position is based at our Bengaluru office.
• A 15 years full time education is required.
• Bachelor s or Master s degree in Finance, Banking, IT, or related fields.
• Certifications in Payments, SEPA, or ISO 20022 standards are a plus.
• Prior experience working with banks, fintech, or payment service providers.
• Opportunity to work on strategic payment transformation projects.
• Exposure to global payment ecosystems and regulatory frameworks.
• Work with a highly skilled team of Payments SMEs and industry experts.