Senior Business Consultant- Payments Domain

Role: Senior Business Consultant

Skills: SEPA, Swift, cross border payments, BRD, FRD, stakeholder management

Location: Greater Noida

Experience: 8+ Years

Mode: Work from office

We at Coforge are hiring highly skilled and experienced Senior Business Analyst with deep domain expertise in Payments, particularly in cross-border transactions, SEPA, and SWIFT. The ideal candidate will play a pivotal role in driving business and technology solutions for global payment systems, ensuring compliance, efficiency, and innovation in financial transaction processing.

Key Responsibilities:

• Lead end-to-end business analysis for payment initiatives, focusing on cross-border payments, SEPA, and SWIFT messaging.
• Collaborate with stakeholders to gather, analyze, and document business requirements and translate them into functional specifications.
• Work closely with product owners, architects, developers, and QA teams to ensure alignment of business goals and technical solutions.
• Analyze and optimize payment workflows, settlement processes, and reconciliation mechanisms.
• Ensure compliance with regulatory standards (e.g., PSD2, ISO 20022) and industry best practices.
• Support UAT planning, execution, and defect management.
• Act as a subject matter expert (SME) for payment systems and provide guidance on industry trends and innovations.
• Prepare detailed documentation including BRDs, FRDs, process flows, and user stories.
• Facilitate workshops, stakeholder meetings, and training sessions.

Required Skills & Experience:

• 7+ years of experience as a Business Analyst in the Payments domain.
• Strong knowledge of cross-border payments, SEPA (Single Euro Payments Area), and SWIFT (MT and MX formats).
• Familiarity with ISO 20022 messaging standards and real-time payment systems.
• Experience with payment gateways, clearing & settlement systems, and banking operations.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in tools like JIRA, Confluence, Visio, and MS Office Suite.
• Ability to work in Agile and Waterfall environments.

Preferred Qualifications:

• Experience with FinTech platforms or core banking systems.
• Knowledge of blockchain-based payment solutions or digital currencies is a plus.
• Certifications such as CBAP, PMI-PBA, or SWIFT Certified Specialist are advantage