Payments Business Analyst

Job Title: Payments Business Analyst Employment: Permanent Work Location: Chester, UK (Hybrid, 3 days in office) Job Description: We are seeking an experienced Payments Business Analyst with strong expertise in banking payments, payment processing, and regulatory initiatives. The ideal candidate will have a deep understanding of payment schemes such as SEPA (SCT and Instant), CHAPS, Faster Payments, BACS, SWIFT MT/MX, TARGET2, and ISO 20022 migration. The role will involve working closely with business stakeholders, product owners, architects, and technology teams to deliver strategic payment transformation initiatives. Key Responsibilities: Gather, analyze, and document business, functional, and non-functional requirements for payment systems and platforms. Work with stakeholders across business, operations, compliance, and technology teams to define payment solutions and process improvements. Analyze end-to-end payment flows for domestic and cross-border payment schemes. Create and maintain Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), user stories, process flows, and gap analyses. Support payment modernization and ISO 20022 migration initiatives, including MT-to-MX message transformation requirements. Conduct impact assessments for changes related to payment schemes, regulations, and operational processes. Support regulatory and compliance initiatives related to payments, sanctions screening, AML, and financial crime controls. ..... full job details .....