Payments Business Analyst
Location: Toronto, ON
We are:
The Advanced Technology Centers (ATCs) is the engine for reinvention in our clients’ transformation journey. Powered by more than 255,000* people across 24 countries, ATCs will provide our clients seamless access to industry insights and innovative technology solutions
Stronger together!
The Advanced Technology Centers (ATCs) make tremendous impact in solving our clients’ business problems leveraging Innovation, Intelligence, Industry insights, new IT and new technology skills. Now, with the global environment changing at a faster pace, our clients are facing unprecedented challenges, and they need us more than ever before. As a Network, ATCs are positioned to unlock greater opportunities and exponential value for our clients.
The value for our clients and our people
For our clients, the Network provides the strength of our geographic diversity, greater resilience, and seamless access to the deepest industry knowledge, the latest in Gen AI solutions, and tech expertise from around the world.
For our people, it brings an opportunity to shape truly boundaryless career paths in a highly collaborative team of experts where they can learn from each other and solve the world’s most complex client challenges.
The Business Systems Analyst (BSA) is responsible for analyzing data and defining requirements for technology solutions in projects or products. The role requires taking an unstructured business problem and produce and present clear, fact-based recommendations to the business partners, and ease their transition towards implementation. The recommendation could include an organizational structure, a people training, a process change, and modifications to business rules or implementation of new technology, or a combination of all.
WORK YOU’LL DO
Requirement Analysis: Gather, analyze, and document business and technical requirements related to payment processing, ensuring alignment with industry standards such as ISO 20022, SWIFT CBPR+ , Lynx, Fedwire etc.
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Payments Lifecycle Expertise: Provide insights into end-to-end payment processing, covering origination, processing, clearing, settlement, and reconciliation across different payment rails.
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Payments Platform Knowledge: Work with a modern payments platforms assisting in configuration, integration, and enhancements.
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Stakeholder Management: Collaborate with business teams, technology teams and vendors to ensure smooth implementation of the payment solutions.
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Data Mapping & Messaging Standards: Understand payment message formats, including MX, MT, and APIs, and assist in data mapping for seamless system integration.
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Regulatory Compliance: Ensure payment processes adhere to regulatory requirements, including ISO 20022, Fintrac and central bank regulations.
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Testing & Implementation Support: Review test cases, validate payment flows, and support SIT/ UAT (User Acceptance Testing) and post-implementation validation.
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Process Improvement: Identify opportunities to optimize and automate payment processes to enhance efficiency and reduce operational risk.
Basic Qualifications:
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5-7 years of experience with the end-to-end payments lifecycle , covering origination, processing, clearing, settlement, and reconciliation across different payment rails.
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Experience of working with modern payments platforms like Volante, FIS , Fiserv EPP and Finastra GPP, assisting in configuration, integration, and enhancements.
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Strong knowledge of ISO 20022, in-depth understanding of MT/MX message structures, and experience in cross-border and wire payments like CBPR+, LYNX , FEDWIRE payment formats.
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Experience of working in an Agile environment
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Gather functional and non-functional requirements from various stakeholders through workshops and interviews and create functional specification documents.
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Develop business processes flows, processing workflows or data flows.
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Verify the target solution and support the technology to ensure that the target system will meet the requirements.
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Test the solution to validate the project requirements and objectives.
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Develop effort estimation for requirements elicitation activities.
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Facilitate meeting/interviews and communicate requirements to sponsors, stakeholders and project team members.
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This role will require ability to attend to the client site for at-least 2 days every week in Toronto, ON.
About Accenture
We work with one shared purpose: to deliver on the promise of technology and human ingenuity. Every day, more than 775,000 of us help our stakeholders continuously reinvent. Together, we drive positive change and deliver value to our clients, partners, shareholders, communities, and each other.We believe that delivering value requires innovation, and innovation thrives in an inclusive and diverse environment. We actively foster a workplace free from bias, where everyone feels a sense of belonging and is respected and empowered to do their best work.At Accenture, we see well-being holistically, supporting our people’s physical, mental, and financial health. We also provide opportunities to keep skills relevant through certifications, learning, and diverse work experiences. We’re proud to be consistently recognized as one of the World’s Best Workplaces™.Join Accenture to work at the heart of change.
Visit us at www.accenture.com
Our Commitment to Inclusion & Diversity
At Accenture, inclusion and diversity are fundamental to our culture and embedded in our core values. We are committed to creating a workforce where our people can feel comfortable, be themselves and contribute. Like Canada itself, Accenture employees represent a tremendous variety of cultures, ethnicities, beliefs, backgrounds and languages. We offer an inclusive environment regardless of personal characteristics such as ethnicity, religion, gender, sexual orientation, gender identity or expression, age or disability.
Requesting an Accommodation
Accenture is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Accenture and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.
If you would like to be considered for employment opportunities with Accenture and have accommodation needs for a disability or religious observance, please call us toll free at 1 (877) 889-9009, send us an email or speak with your recruiter.
Other Employment Statements
It is currently our objective to assign our people to work near where they live. However, given the nature of our business and our need to serve clients, our employees must be available to travel when needed.
Job candidates are not required to disclose any offence for which a pardon has been granted.
Accenture Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Accenture and has not been reviewed or approved by Accenture.
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Healthcare Strength — Pay is considered competitive when paired with robust insurance options and other perks that compare well with large consulting and IT services peers. Multiple national medical plan options plus dental and vision are positioned as a core strength of the overall package.
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Retirement Support — Retirement support is positioned as a standout feature through a 401(k) dollar-for-dollar match up to a set percentage after eligibility. The package is reinforced by additional financial programs such as savings tools and related resources.
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Parental & Family Support — Parental and caregiving supports are presented as a meaningful benefit differentiator through substantial paid parental leave and multiple caregiver-oriented programs. Backup care and fertility/adoption/surrogacy navigation and reimbursements add breadth to family support beyond leave alone.
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What We Do
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 500,000+ people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
