Business Systems Analyst

Posted 2 Days Ago
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Toronto, ON, CAN
In-Office
Senior level
Information Technology • Consulting
The Role
Analyze and document business and system requirements for enterprise payments technology initiatives. Translate business needs into functional and technical specifications, collaborate with product, development, and business stakeholders, and support payment enhancements, integrations, regulatory initiatives, testing, UAT, and production implementations. The role requires deep expertise in wire payments, ACH/EFT, RTP, SWIFT, ISO 20022, cross-border and domestic processing, banking, and stakeholder management.
Summary Generated by Built In

Job Summary:

We are looking for experienced Business System Analysts with strong Payments Domain expertise to support Enterprise Payments Technology initiatives for a leading banking client.


Key Requirements

8+ years of experience as a Business/System Analyst

Strong experience in Payments Technology


Hands-on knowledge of:

Wire Payments

ACH/EFT

Real-Time Payments (RTP)

SWIFT

ISO 20022

Cross-border and domestic payment processing

Experience gathering and documenting business and system requirements

Strong stakeholder management and communication skills

Banking or financial services industry experience is mandatory

Experience working in Agile/Scrum environments is preferred


Responsibilities

Elicit, analyse, and document business requirements

Translate business needs into functional and technical specifications

Work closely with Product Owners, Development teams, and Business stakeholders

Support payment system enhancements, integrations, and regulatory initiatives

Participate in testing, UAT, and production implementation activities


Preferred Skills

Payment modernization programs

API integrations

Data analysis and process mapping

JIRA, Confluence, SQL



Skills Required

  • 8+ years of experience as a Business or Systems Analyst
  • Strong Payments Technology experience
  • Hands-on knowledge of wire payments
  • Hands-on knowledge of ACH/EFT
  • Hands-on knowledge of Real-Time Payments (RTP)
  • Hands-on knowledge of SWIFT
  • Hands-on knowledge of ISO 20022
  • Experience with cross-border and domestic payment processing
  • Experience gathering and documenting business and system requirements
  • Strong stakeholder management and communication skills
  • Banking or financial services industry experience
  • Experience working in Agile/Scrum environments
  • Experience with payment modernization programs
  • Experience with API integrations
  • Data analysis and process mapping experience
  • Experience with JIRA, Confluence, and SQL
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The Company
HQ: Toronto, ON
1,078 Employees
Year Founded: 1990

What We Do

Kumaran Systems is an IT Services Company with imprints in three countries. The past two decades has seen us provide our global clientele with high-end IT services that include migration support, system integration and infrastructure management solutions, providing one-stop-solution to all your IT demands. Our expertise and in-depth knowledge of businesses help us cater to a variety of industries. Our team strives to know your industry better, by observing current trends and the way it works, to tailor-make our solutions to your needs.With over 20 years of customer orientation, over 2000 engagements across Telecom, Education and Banking & Financial services spread across the globe, Kumaran stands as a key advisor to some of the largest Fortune 500 companies in their business driven technology enablement drive. Kumaran System's Customer Orientation is driven by a global delivery business model giving its customers to choose between an Onshore-Offshore mix. The delivery models enable multilevel touch points between the client, partner networks and Kumaran thereby enabling business driven customer sensitivity and agility. ENGAGE, EMERGE AND EXCEL Involving ourselves in a purposeful action, using our abilities to its maximum, helps us feel positive about ourselves. Such positivity gives raise to positive thinking and positive ideas. Ideas evolve into vision and set our aim! Our aspirations engage us with the incentive of sweet success! Every endeavor has its own pitfalls. Perseverance helps us emerge a successful entrepreneur after any deterrent. In our attempt to achieve our aim, we keep upgrading our knowledge and skill, to surface successful! A genius mind does not work to excel, but excels in work! We challenge ourselves with every next step! We change every deterrent to a stepping stone to success. We essentially, engage, emerge and excel

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