Business Analyst (ISO 20022/Payment) (Only T4)

Role: Payments Business Analyst

Location: Toronto, Canada (Hybrid)

We are looking for an experienced Payments Business Analyst with strong domain expertise in Fed/CHIPS payments, ISO 20022, and SWIFT messaging standards. The candidate should have a deep understanding of end-to-end payment flows across domestic and international payment systems.

Key Responsibilities:

Gather and analyze business requirements across payment systems and translate them into functional specifications

Work on Fedwire, CHIPS, and cross-border payment flows including SWIFT MT and ISO 20022 (MX) messages

Define and document end-to-end payment lifecycle including initiation, validation, clearing, settlement, and reconciliation

Collaborate with business, operations, and technology teams for system enhancements and regulatory changes

Support payment modernization initiatives including migration from MT to MX formats

Participate in UAT, defect triage, and production issue resolution

Required Skills:

Strong experience in Fedwire and CHIPS payments processing

Hands-on knowledge of SWIFT MT (MT103, MT202, etc.) and ISO 20022 / MX messages

Solid understanding of end-to-end payment flows (domestic & cross-border)

Experience with payment hubs or core banking/payment platforms

Good to Have:

Experience with RTGS systems and Immediate Payments (RTP, Faster Payments, etc.)

Exposure to payment modernization / transformation programs

Knowledge of platforms like ACI MTS, Finastra GPP, FIS, Fiserv or similar.

Thanks and Regards

[email protected]