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We have a position for Business Analyst at Florham Park, NJ 07932.(Onsite) at Florham Park, New Jersey, USA
Email: [email protected]
http://bit.ly/4ey8w48
https://jobs.nvoids.com/job_details.jsp?id=2294901&uid=

From:

paul,

Dizercorp

[email protected]

Reply to:   [email protected]

Hi Pals,
We have a position for Business Analyst at Florham Park, NJ 07932.(Onsite)
Position Title: Business Analyst Payment Systems (ISO 20022, FED/CHIPS/SWIFT)
Duration: 12 Months+
Loc: Location: Florham Park, NJ 07932
About the Role:
We are looking for a highly experienced Business Analyst with extensive knowledge and hands-on experience in ISO 20022, FED (Federal Reserve), CHIPS (Clearing House Interbank Payments System), and payment systems.
In this role, you will collaborate closely with business and technology teams to define and translate business requirements into functional specifications, helping to implement and enhance real-time payment solutions.

As a Business Analyst, you will be responsible for analyzing payment system processes, gathering requirements, and ensuring that solutions meet business needs while aligning with industry standards and regulatory guidelines.

Key Responsibilities:
Requirements Gathering: Work closely with business stakeholders to gather and document detailed requirements for payment system solutions, particularly around FED, CHIPS, and ISO 20022 formats.
ISO 20022 Expertise: Leverage your deep knowledge of the ISO 20022 messaging format to define, document, and ensure proper integration with payment systems like FED, CHIPS and SWIFT
Functional Analysis: Analyze existing payment systems and recommend improvements or enhancements based on business needs and industry best practices, especially with regard to real-time payments.
Business Process Mapping: Create process flows, business models, and workflows to ensure that payment systems are aligned with organizational objectives and regulatory standards.
System Integration Support: Work with technical teams to translate business requirements into functional specifications, facilitating the integration of payment systems with other banking platforms, core systems, and third-party services.
Compliance & Regulatory Analysis: Ensure that payment solutions are compliant with regulatory requirements, including those around real-time payments, anti-money laundering (AML), and data privacy laws (GDPR, PCI DSS).
Stakeholder Communication: Serve as a bridge between business and technical teams, ensuring effective communication and understanding of requirements, issues, and solution delivery.
Testing & Validation: Assist with UAT (User Acceptance Testing) and validate that the implemented solution meets business expectations, especially in regard to payment message formats and functionality.
Documentation: Maintain clear and comprehensive documentation, including functional specifications, business process flows, and detailed reporting for stakeholders.
Reporting & Analytics: Provide regular updates and reports to stakeholders on project progress, risks, and issues related to payment system enhancements or integrations.

Key Requirements:
Experience:
o 5-8 years of experience as a Business Analyst with a focus on payment systems, particularly with hands-on experience in ISO 20022, FED, CHIPS and SWIFT.
o Demonstrated experience in defining business requirements for payment systems, including real-time payment processing.

ISO 20022 Expertise:
o Deep functional knowledge of the ISO 20022 standard and its implementation in payment systems, including message formats, transaction flows, and integration.
o Practical experience with ISO 20022-based systems and protocols in both domestic and international payment environments.
Payment Systems Knowledge:
o Solid understanding of real-time payment networks such as FED, CHIPS, SWIFT, and other banking payment infrastructures.
o Familiarity with payment processing regulations and standards such as ISO 8583, PCI DSS, AML, and GDPR.
Business Analysis Skills:
o Strong skills in requirements gathering, functional specifications, and business process modeling (BPMN, UML, etc.).
o Ability to communicate complex business and technical concepts to non-technical stakeholders and senior management.
Analytical & Problem-Solving Skills:
o Strong analytical skills to evaluate and improve payment system processes, identify bottlenecks, and suggest practical solutions to meet business objectives.
Preferred Qualifications:
Experience with payment systems modernization, such as transitioning from legacy payment networks to ISO 20022-based platforms.
Exposure to global payment systems and multi-currency environments.
Knowledge of emerging payment trends, such as blockchain and digital currencies, and their potential impact on traditional payment systems.

Thanks & Regards
Paul |Technical Recruiter |Dizer Corp.
1912 Mentor Ave | Painesville | OH 44077
Direct:972-819-9315
https://www.linkedin.com/in/nsumanprasad/
[email protected] | www.dizercorp.com

Keywords: New Jersey Ohio
We have a position for Business Analyst at Florham Park, NJ 07932.(Onsite)
[email protected]
http://bit.ly/4ey8w48
https://jobs.nvoids.com/job_details.jsp?id=2294901&uid=
[email protected]
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01:23 AM 28-Mar-25


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Location: Florham Park, New Jersey