What are the responsibilities and job description for the Business Analyst Payment Systems (ISO 20022, FED/CHIPS/SWIFT) position at Hecta Data LLC DBA Vilwaa?
Job Details
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.
