FAQs
What is the primary focus of the Payments BA role?
The primary focus of the Payments BA role is to work within the payment domain, capturing business requirements and ensuring that proposed solutions align with customer goals, specifically in the context of banking and financial systems.
What experience is preferred for this position?
The role ideally requires good experience as a Business Analyst, particularly within the payments module of core banking systems such as TCSBancs, Finacle, or Flexcube.
What key skills are necessary for this role?
Essential skills include excellent communication, stakeholder management, a strong understanding of clearing and settlement mechanisms, knowledge of European payment schemes like SEPA, and familiarity with SWIFT and ISO20022 messaging standards.
Is hands-on experience in the requirements life cycle management important for this job?
Yes, hands-on experience in requirements life cycle management within the banking and financial domain is important for this role.
What tools or languages should a candidate be familiar with?
Candidates should have basic SQL knowledge for querying databases and familiarity with Oracle DB concepts.
How does this role interact with business users?
The Payments BA will work closely with business users to accurately capture their business requirements and ensure that solutions meet their goals.
Are there any specific regulatory knowledge requirements for this position?
Yes, a strong understanding of clearing and settlement mechanisms and knowledge of European payment schemes, including SEPA, is required for this position.
Will I need to manage requirements through their entire life cycle?
Yes, the candidate should be able to manage requirements from inception to implementation in this role.
Is prior experience in the payments sector a requirement?
While not explicitly stated as a requirement, experience in the payments sector and knowledge of relevant systems is highly advantageous for candidates.