Business Analyst - Payments

Total IT Experience: 5+yrs

Total Business Analyst (Payments) Experience: minimum 5 years

Company Profile: Intellect Design Arena Intellect Design Arena is a global leader in financial technology for banking, insurance, and financial services. Built on a foundation of first-principles thinking, rich intellectual property, and robust composable platform architectures (eMACH.ai), we empower leading financial institutions to transform their business and navigate digital growth.

Our product footprint serves over 500 financial institutions in more than 57 countries, including 9 of the top 10 global banks. Specifically, our corporate liquidity, cash, and cash management platforms lead the global market, handling mission-critical, enterprise-grade operations where monthly transaction volumes reach trillions of dollars.

Skills & Expertise:

 Working knowledge of at least one of the below, for North America :

 Payment rails (domestic and international) : Wire Payments, ACH Credits and

Debits, Real Time Payments, EFT - Direct Deposits & Pre-Authorized Debits

 Clearing systems : LVTS, ACSS, FedWire, CHIPS, RTP Network, ACH

 Expert in end-to-end payments processing from initiation to clearing and settlement :

channel validations, file/API format validation, process flows, user interfaces, business

validations, clearing handoff, accounting, response processing etc.

 Expert in at least one of the industry standards for payment file formats (SWIFT MT :

1xx,2xx,9xx and/or ISO20022 pain,pacs,camt,remt and/or Clearing System formats)

 Expert in data element mapping across various file formats such as MT to ISO to Legacy

system formats, etc.

 Expert in gathering and analyzing business requirements and translating them into

precisely documented process flows, user journeys/stories, functional specifications.

 Expert in analyzing pain areas and provide a best-fit solution, for business and

operations teams, in the area of payments processing

 Excellent written and verbal communications along with good presentation and

workshop/training facilitation skills

 Strong attention to detail and ability to interact with a diverse group of business,

operations and technology executives and subject matter experts

Preferred:

 Experience in working with/for at least one of the tier-1 banks based in North America

 Experience of working on any/all of the below applications

o Payment Initiation Channel - Internet, Mobile, API, Host-to-Host

o Payment Processing - Pre-processor HUB, Payment Engine / Gateway

 Solutioning skills and experience of large scale solution design on at least 2 projects

 Working knowledge of APIs, SWIFT and ISO20022 in payment processing