Payments Business Analyst

Cognizant

16 - 18 years

Chennai

Posted: 26/02/2025

Job Description

Role: Payments Business Analyst.

Experience: 4 years to 8 years

Work Location: Bangalore

2. Hands on experience with GPP Fusion / GPP SP product processor

3. Knowledge of database structure of GPP Classic/Fusion/SP

4. Working knowledge around Payment schemes – SWIFT MT, ISO20022

5. Experience with SQL and other data profiling tools and techniques.

6. Excellent analytical and problem-solving skills.

7. Experience with Office 365 and collaboration tools

8. Strong written and verbal communication skills

9. Ability to multi-task and be flexible.

10. Ability to work independently or within a team for problem resolution.

11. Detail-orientated.

12. Ability to interface effectively with all levels of the organization.

13. Ability to express complex technical concepts in business terms.

14. Good to have – knowledge of Japanese Domestic Clearing system and working.

Position details

1. Gather and understand business requirements based on the requirement walk-through / BRD and workshops.

2. Hands-on experience in requirements life cycle management in banking and financial domain. Manage the requirements from inception to implementation.

3. Perform impact assessment on existing processes/functions based on new requirements/changes.

4. Ensure the business requirements, and proposed solutions, achieve the business’ goals.

5. Collaborating with technical SMEs, come up with estimation for the new requirements.

6. Work with the product owners to provide grooming sessions to the development team if needed on requirements.

7. Build strong relationship / rapport with cross-functional teams and key stakeholders.

8. Ability to communicate complex technology concepts to a non-technology audience.

9. Be part of the by closely working with Scrum masters and squad members to deliver quality end-to-end solution, including reviewing of other interface functional specifications and external parties’ specifications.

10. Every solution that is designed must be scalable and global in nature.

11. Maximize re-usability of solution provided for every requirement.

12. Review test scenarios to ensure there is comprehensive coverage by the testing team.

13. Perform random functional testing to ensure deliverables are in line with the requirements.

14. Work closely with business and country stakeholders for end-to-end system implementation and post-live support.

15. Basic SQL knowledge to query database and familiarity with Oracle DB concepts and GPP Fusion database structure.

16. End-to-end working knowledge in Transaction Banking / Payments / Channels areas.

17. Working knowledge around Payment schemes – SWIFT MT, ISO20022

18. Expertise in Payments processing Product - Fundtech/Finastra Global Payplus (GPP) Fusion

Job Summary

We are seeking a Sr. Consultant with 12 to 16 years of experience in Business Analysis and Planning Automation and Networks. This role involves working in a hybrid model with day shifts. The ideal candidate will leverage their expertise to drive impactful business solutions and contribute to the companys success.

Responsibilities

  • Lead business analysis and planning activities to identify key business needs and develop strategic solutions.
  • Oversee the automation of business processes to improve efficiency and reduce manual effort.
  • Provide expert insights into network domain to ensure robust and scalable network solutions.
  • Collaborate with cross-functional teams to gather and analyze business requirements.
  • Develop detailed project plans and timelines to ensure successful project delivery.
  • Conduct regular reviews and assessments of business processes to identify areas for improvement.
  • Implement best practices in business analysis and automation to drive continuous improvement.
  • Facilitate workshops and meetings to gather requirements and present findings to stakeholders.
  • Ensure all solutions align with the companys strategic goals and objectives.
  • Monitor and report on project progress to senior management and stakeholders.
  • Provide training and support to team members on business analysis and automation tools and techniques.
  • Stay updated with the latest trends and advancements in business analysis automation and network domains.
  • Contribute to the development of business strategies and plans to achieve long-term organizational goals.

Qualifications

  • Possess a strong background in business analysis and planning with at least 12 years of experience.
  • Demonstrate expertise in automation techniques and tools to streamline business processes.
  • Have in-depth knowledge of network domain and its application in business solutions.
  • Exhibit excellent communication and collaboration skills to work effectively with cross-functional teams.
  • Show proficiency in project management and the ability to develop detailed project plans.
  • Display strong analytical skills to identify business needs and develop strategic solutions.
  • Have experience in conducting workshops and presenting findings to stakeholders.
  • Be committed to continuous learning and staying updated with industry trends.
  • Demonstrate the ability to train and support team members in business analysis and automation.
  • Show a proven track record of successful project delivery and process improvement.
  • Possess strong problem-solving skills and the ability to think critically.
  • Exhibit a proactive approach to identifying and addressing business challenges.
  • Have a strong understanding of the companys strategic goals and how to align solutions accordingly.

Certifications Required

Certified Business Analysis Professional (CBAP) Automation Anywhere Certified Advanced RPA Professional

About Company

Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

Services you might be interested in

One-Shot Campaign

Reach out to ideal employees in one shot!

The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).