Payment - Business analyst

Hi
Job Description: Payments Business Analyst
Experience: 6 to 12 Years
Location: Hyderabad
Work Mode: [Hybrid/Work from Office]
Notice Period: Immediate to 30 Days Preferred
Employment Type: Full-Time
Payment Business Analyst: Key Responsibilities
Gather and document business and functional requirements for payment applications.
Analyze end-to-end payment flows, including initiation, authorization, clearing, settlement, reconciliation, refunds, and reversals.
Work on payment messaging standards such as ISO 8583 and ISO 20022.
Perform field-level message analysis, mapping, validation, and gap assessment.
Prepare BRD, FRD, functional specifications, process flows, user stories, and acceptance criteria.
Coordinate with product owners, developers, architects, QA teams, banks, and payment processors.
Support SIT, UAT, defect analysis, and production issue resolution.
Participate in Agile activities such as backlog refinement, sprint planning, and daily stand-ups.
Mandatory Skills
Strong experience as a Business Analyst in the Payments or Banking domain.
Good knowledge of ISO 8583, including MTI, bitmap, data elements, and response codes.
Experience with ISO 20022 messages, such as pacs, pain, and camt.
Understanding of card payments, real-time payments, domestic payments, or cross-border payments.
Knowledge of issuing, acquiring, payment switches, transaction processing, clearing, and settlement.
Experience in message mapping, XML, JSON, XSD, APIs, and system integration.
Strong experience in requirement gathering, functional documentation, user stories, and UAT.
Hands-on experience with JIRA and Confluence.
Strong communication and stakeholder-management skills.
Good-to-Have Skills
Knowledge of SWIFT MT/MX messages and MT-to-MX migration.
Experience with payment networks or schemes such as Visa, Mastercard, RuPay, SWIFT, SEPA, RTP, UPI, IMPS, NEFT, or RTGS.
Understanding of chargebacks, fraud checks, sanctions screening, and payment exceptions.
Experience working with banks, fintech organizations, payment gateways, or payment processors.

Work arrangement
Hybrid