Senior Business Analyst

Detailed JD (Roles and Responsibilities)

Fedwire Payment Business Analyst with 10+ years of experience requires expertise in payment processes, requirement gathering, and technical documentation, as well as a deep understanding of Fedwire, ISO 20022, and other payment systems. The role involves acting as a subject matter expert to define requirements, guide development teams, manage stakeholder expectations, and ensure compliance with financial regulations.

Mandatory Skills:

• Requirements Gathering & Analysis:

• Collaborate with stakeholders to elicit, document, and validate business requirements for Fedwire payment processing.
• Analyze existing payment workflows and identify gaps for optimization.

• Payment Systems Expertise:

• Work on

  Fedwire Funds Service

  integration, message formats (ISO 20022, legacy formats), and settlement processes.
• Ensure compliance with

  Federal Reserve Bank

  guidelines and

  real-time gross settlement (RTGS)

  principles.

• Solution Design & Documentation:

• Prepare

  BRDs

  ,

  FRDs

  ,

  Use Cases

  , and

  Process Flows

  .
• Define functional specifications for enhancements and new implementations.

• Stakeholder Management:

• Act as a liaison between business teams, technology teams, and external vendors.
• Conduct workshops and training sessions for end-users.

• Testing & Quality Assurance:

• Support

  UAT

  , regression testing, and production validation for payment systems.
• Ensure accuracy in transaction processing and settlement.

• Regulatory & Compliance:

• Stay updated on

  Federal Reserve regulations

  ,

  AML/KYC

  , and

  risk management

  related to wire transfers.