Senior Payments Business Analyst

• Job Role: Senior Payments Business Analyst
• Duration: Full time
• Location: Toronto, ON

Role Description:

• We are seeking a seasoned Senior Payments Business Analyst with deep domain experience in high-value payments to drive the design and implementation of payment solutions. The ideal candidate will have strong experience working on wire payment systems (e.g., Lynx, SWIFT, Fedwire) and expert-level knowledge of technical integrations (API, MQ, Feeds). You will bridge the gap between business needs and technical execution, translating complex requirements into actionable solution documentation.
• Key Responsibilities
• • Solution Design Analysis: Analyze complex payment business processes, identify gaps, and design robust solutions, specifically focusing on end-to-end wire payment workflows.
• • Documentation Excellence: Create comprehensive documentation, including Business Requirement Documents (BRDs), Impact Analysis (IA)documents, Functional Specifications, and Interface Designs.
• • Technical Integration Acumen: Collaborate with technical teams to define requirements for payment API integrations, MQ message queues, and file-based data feeds (ISO 20022MT messages).
• • Stakeholder Management: Presentations Act as a key liaison between business stakeholders, vendors, and IT development teams. Present solution designs, workflows, and project updates using PowerPoint.
• • Problem Solving: Investigate UATSIT defects and production issues to provide resolution paths and support production implementation.
• • Methodology: Work within Agile or Waterfall frameworks, maintaining traceability matrices from requirement to implementation.
• Required Qualifications:
• • Experience 5 years of experience as a Business Analyst or Solution Designer in the Financial Services domain.
• • Domain Expertise Strong, direct experience withHigh-Value Wire Payments (Canada Lynx, SWIFT, Fedwire, etc.).
• • Technical Knowledge Proven experience with API integration, MQ (Message Queuing), and file transfer formats (XML, CSV, ISO 20022).
• • Documentation Skills Expert at producing BRDs, User Stories, and Interface
• • Data Mapping documents.
• • Presentation Skill
• Required Skill Set:
• • Payments backgrounds, worked on wire payments as an asset Understanding of integrations, MQ, API, Feeds etc
• • Solution and problem-solving acumen
• • Able to articulate the solution in terms of solution documents Good documentation skills, able to document BRDs, IAs etc Presentation skills, worked on PowerPoint presentations
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