Business Analyst Job Description in Payments

- Should be able to participate in bank meetings to understand complex requirements or to explain functionality
- Should assist the project manager and project test manager of delivery projects
- Is responsible for creating the documentation of high level requirement (HLR) according to the project process
- Is responsible for any change in functional scope
- Should present change request to project manager
- Is responsible for approving team implementation plan together with project test manager and project architects
- Is required to respond to any questions or clarifications during development, test case preparations and testing and the SMEs should answer questions on issues that can not be solved by the BA?s in the development teams
- Should participate in planning and tracking
- Participate in FAT
- Responsible for describing requirements according to project mission and project master plan
Tasks: - Conducts requirements analysis
- Create HLR
- Create work packages and user stories
- Must define all requirements according to the project process and get them verified by the project manager
- Get input on described requirements from project architect and test manager
- Communicate functional scope and requirements to the teams through: Documentation (High level requirements, Capability documents, Flow charts)
- Makes sure that understanding of functional scope and requirements is verified through quality assurance of team implementation plan
- Should ensure the requirements are understood by the teams
- Is responsible for identifying and describing dependencies together with the BA?s and the SME should communicate these dependencies to the SME in the dependent project
- Is responsible for transferring the functional knowledge of the HLR to the team writing the user stories
- Should assist in planning and tracking
- Participate in meetings with the customer
- Participate in FAT planning and execution
Competence/Tools / Technology:
Required: - International banking/payment
- SEPA
- ISO20022
- SWIFT
- AccountingSkills / Experience:
- 5 years relevant experience
- Strong domain knowledge payment/banking
- Requirements analysis and specifications
- Understand complex value chains and integrations between several systems
- Understand the bank and customers needs
- Experience from Agile Project Methodology
- Excellent communication/collaboration skills
- Fluent industry language skills in English
- Structured and process oriented
- Able to work distributed and in global and multi-cultural teams
I hope it helped you to understand the Business Analyst Job Description in Payments

Business Analyst , Functional Consultant, Provide Training on Business Analysis and SDLC Methodologies.
π Founder of BACareers.in| Freelance Business Analyst & Content Writer | Banking Domain Expert | Agile Practitioner | Career Mentor
I am the founder and content creator of BACareers.in, a specialized platform for aspiring and experienced Business Analysts. I share real-world insights, career tips, certification guidance, interview prep, tutorials, and case studies to help professionals grow in the BA career path.
We have strong experience in Banking, Financial Services, and IT. We bring deep domain knowledge and hands-on expertise in core banking systems, payment integrations, loan management, regulatory compliance (KYC/AML), and digital banking transformations.
πΌ Business Analyst Expertise
Requirement Elicitation, BRD/FRD, SRS, User Stories, RTM
Agile & Waterfall (Scrum, Kanban) methodologies
Business Process Modeling (BPMN, UML, AS-IS/TO-BE)
Stakeholder Communication & Gap Analysis
UAT Planning, Execution & Support
Core Banking Solutions (Finacle, Newgen BPM, Profile CBS, WebCSR)
βοΈ Content Writing & Strategy
Founder of BACareers.in β knowledge hub for BAs & IT professionals
SEO-optimized blogs, training content, case studies & tutorials
Content on Business Analysis, Agile, Banking, IT & Digital Transformation
Engaging, beginner-friendly writing for professionals & learners
π What we Offer
Freelance Business Analysis services: BRD, FRD, UAT, process flows, consulting
Freelance Content Writing: SEO blogs, IT/business content, case studies, LinkedIn posts
A unique blend of analytical expertise + content strategy to turn business needs into solutions and ideas into words that work
π Whether youβre an organization seeking BA expertise or a platform needing impactful content, letβs connect and collaborate.
Business Analyst, Agile, BRD, FRD, Banking, Content Writer, SEO writing.
