Business Analyst with ACH Payment

Our client, a leading regional financial institution, is seeking an experienced " Business Analyst with ACH Payment . This role will be based in Johnston, RI. Three times a week onsite

Responsibilities

• Formulates and defines system scope and objectives through research and fact-finding combined with an understanding of applicable business systems and industry requirements.
• Devises or modifies procedures to solve complex problems considering computer equipment capacity and limitations, operation time, and form of desired results.
• Includes analysis of business and user needs, documentation of requirements, and translation into proper system requirement specifications.
• Influences business partners and service providers regarding priorities, hardware/software selection and/or vendor selection
• Analyzes marketplace, industry, company, technology trends and best practices, vendor products and services, etc.
• Identifies and documents business strategies, objectives and drivers.
• Analyzes and documents business processes and metrics, and identifies improvement opportunities.
• Calculates/estimates costs and benefits of alternative actions or solutions to establish their viability/ROI.
• Re-engineers processes to deliver greater effectiveness and efficiency.
• Identifies/documents how applications and systems interact to support business processes. Assesses, applies and projects the impact of system changes on users and internal and external clients or stakeholders.
• Uses knowledge of systems and industry requirements to develop or modify complex information systems.

Qualifications

• Banking/Payments domain with at least 5+ years of experience.
• Enterprise Payments and Open Payments Framework is an added advantage
• Client Fedwire settlement platform
• Client Fedwire ISO 20022 knowledge (nice to have)
• Money transfer business knowledge
• Any U.S. money transfer regulatory knowledge also helpful
• 5 Automated Clearinghouse payments (ACH)

Preferred skills and education:

• A Bachelor's or Master's degree in Computer Science, Information Systems, or the equivalent combination of education, training, or work experience.
• Experience working in the consulting industry
• Understanding of complex Internet-based enterprise-level applications
• Experience working in an Agile environment
• Track record of delivering on time, on budget, and meeting client commitments