What are the responsibilities and job description for the Business Analyst with Payments position at IT Minds LLC?
Location: New York City, NY (HYBRID – ONSITE from Day 1)
MUST HAVE: Business Analyst, Payments, Cash Management, ISO 20022 Experience
Job Description
MUST HAVE: Business Analyst, Payments, Cash Management, ISO 20022 Experience
Job Description
- Hands-on experience with ISO 20022 for Payments and Cash Management
- Sound knowledge of ISO 20022 message schemes
- Sound knowledge of Customer Credit Transfer, Payment Status Messages and Returns
- Working knowledge of FedNow and guiding principles
- Prior experience as a System Analyst / Business Analyst in an implementation of one of the following – SWIFT CBPR or TCH-RTP or FedNow or SEPA or Target 2
- Hands on experience with data mapping, data lineage, data quality
- Know-how of data modeling – Entity Relationship Diagrams, Data Dictionary, etc
- Must know how to read XML Schema Definition (XSDs) and have the knowledge of leveraging XSDs to develop XML
- Sound understanding of Payments Architecture and role of various components within the architecture – pertinent to Instant Payments
- Know-how of IBM MQ series
- Strong in developing process flow diagrams, data flow diagrams, logical architecture diagrams and physical architecture diagrams
- Strong written and verbal effective communication skills
- Experience in interacting with clients at all levels with confidence
- Strong conflict resolution skills
- Must be flexible with timing as the individual is expected to interact with the team in India
- Must be able to identify test scenarios and work with testing team to define test cases
- Knowledge of Wires processing, ACH and other transaction banking rails
- Knowledge of Instant Payment rails
- Configuration of IBM MQ
- Ability to write test cases
