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Payments Business Analyst New


Payments Recruitment

£75,000 - £85,000 Per Annum

London, United Kingdom

BACS/Chaps/Swift,Business Analysts,Business analytics / business modelling

Permanent | Full Time



Not specified

(BN409) Payments Business Analyst

Location: London
Type: Permanent
Salary: £70,000 - £80,000 Per Annum (+ excellent benefits & bonus )

Business Analyst - Payments

This is an exciting opportunity for an experienced Payments Business Analyst to join our ground breaking real-time payments processing team. We need someone with a detailed real-world understanding of retail payment systems gained in a bank or similar financial institution. Experience with faster/instant payments is highly desirable.

The BA will work in the Product Team and will take ownership of detailed analysis for specific features of the product. Defining the required functionality will involve liaison with end users, CSMs, and other 3rd parties, so the candidate must be client-facing with excellent communication skills. This is a hands-on role in a fast-moving environment, and the candidate must demonstrate initiative and drive while also remaining a team player.

Main responsibilities:

·        Map user stories to deliver scope and business value of a given feature as defined by a Product Owner

·        Conduct detailed analysis for user stories

·        Work closely with the development team to explain and elaborate stories, and ensure that the acceptance criteria are clearly and unambiguously stated following BDD format

·        Support the team through development, providing domain expertise as required

·        Active participation is daily stand-ups

·        Agreeing and gaining sign off of business requirements with client or a Product Owner

·        Defining scope for each client implementation feature and setting acceptance criteria

·        Organising and conducting client implementation feature kick-off walk through with delivery teams

·        Conducting demos for each delivered client implementation feature

·        Maintaining user story backlog for a given feature

·        Maintaining prioritised input queue for squads to work from


·        Detailed practical experience of multiple retail Payment Schemes – SCT Inst, SEPA, FPS, RTGS etc.

·        In-depth understanding of ISO20022 payment messages, schemas, and the usage of specific fields within those messages

·        Awareness of industry initiatives impacting the Payments environment

·        Use of UML diagrams including Sequence Diagrams and State Diagrams using a modelling tool (or Visio)

·        Creation and elaboration of User Stories using industry best practices

·        Experience of working in a Kanban or Scrum software development environment, always focusing on delivery of business value

·        Excellent analytical skills and a passion for the detail – the candidate must demonstrate an ability to logically divide up a problem, identify and resolve contradictions and ambiguities

Additional Information:

·        Job Location: London

·        Salary: Competitive Base + 20% bonus + 10% pension

·        Travel Profile: Potential for occasional travel to client meetings

·        Applicants must have the right to live and work in the European Union and will be required to partake in pre-employment background checking