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Job Title


Senior Business Analyst-Payments


Company : Intellect Design Arena Ltd


Location : Mumbai, Maharashtra


Created : 2025-08-01


Job Type : Full Time


Job Description

JD Location-Mumbai/Pune/Chennai-WFO Exp-5-15 Domain-Payments Role-Senior BA/ Sr BA Experience 5+ years of relevant experience as a Business Analyst in a bank or FinTech in the Payments Domain CORE RESPONSIBILITIES 1. Understand and review the business requirements and articulate the same into detailed functional specifications, business scenarios and process flows 2. Liaise directly with business users from the bank and be responsible for end-to-end delivery of the solution scope 3. Lead the Business Analyst stream for the project and provide support during various phases of functional testing. Participate in defect triage, root-cause analysis and query resolution 4. Showcase the product and impart training to project stakeholders 5. Review design and testing deliverables to ensure completeness of requirements PREFERRED SKILLS PAYMENTS DOMAIN – MUST HAVE 1. Proven experience in end-to-end processing (outward and inward) of electronic payments (domestic and international) across various country/region specific payment schemes –(preferred : US, Canada OR Europe) forany of the below: a. High-value payments b. Low-value batch payments c. Real-Time / Instant payments d. Requests-to-Pay 2. Proven product experience of having worked for at least 1 year on any of the belowprocessing components a. Payment Initiation Channel - Internet, Mobile, API, Host-to-Host b. Payment Processing - Pre-processor HUB, Payment Engine / Gateway 3. Working knowledge of industry standard payment file / message formats a. SWIFT MT - 1xx, 2xx, 9xx b. ISO20022 / SWIFT MX - pain.xxx, pacs.xxx, camt.xxx, remt.xxx c. Payment rail specific clearing formats BUSINESS ANALYSIS – MUST HAVE 1. Experience in a. functional requirement elicitation and solution design b. documenting use cases/business requirements (BRD), user stories/functional specifications (FSD,FRD), process flow diagrams, interface mapping, UI wireframes c. product fitment, gap analysis, requirement traceability d. reviewing testcase scenarios 2. Experience of working in a complete SDLC - Waterfall and/or Agile models 3. Proven client interaction and direct participation in client requirement gathering, elicitation, functional solution design and defect triage SOFT SKILLS – MUST HAVE 1. Excellent oral and written communication in English and good presentation/training skills 2. Proficiency in Microsoft Office tools – Word, Excel, PowerPoint OPTIONAL SKILLS – GOOD to HAVE 1. Understanding of core banking systems and Basic technical knowledge of database, APIs, MQ 2. Any industry-recognized BA certifications