Job Title: Payments Business Analyst
Location: London
Salary/Rate: £305 Per Day Inside IR35
Start Date: 18/08/25
Job Type: Initial Contract Until 30/06/26

Company Introduction:
We have an exciting opportunity now available with one of our sector-leading consultancy clients! They are currently looking for a skilled Payments Business Analyst with deep domain expertise across various payment schemes, including SEPA, SWIFT, Faster Payments, CHAPS, and card networks.

Job Responsibilities/Objectives:

The ideal candidate will have strong analytical capabilities and a proven track record of delivering complex payment transformation projects. This role serves as a critical link between business stakeholders and technology teams, ensuring alignment with strategic objectives and regulatory requirements.

Requirements Gathering and Analysis:

• Collaborate with stakeholders to elicit, analyse, and document business and functional requirements related to payment systems and processes
• Translate business needs into clear and concise user stories, use cases, and process flows

Payments Domain Expertise:

• Provide subject matter expertise across various payment types, including domestic, cross-border, real-time, and card-based payments
• Maintain up-to-date knowledge of industry trends, regulatory changes (e.g., PSD2, ISO 20022), and emerging technologies in the payments space

Project Delivery:

• Support end-to-end delivery of payment-related initiatives such as system upgrades, migrations, and new product launches
• Work closely with Product Owners, Architects, Developers, and QA teams to ensure accurate implementation of requirements

Stakeholder Management:

• Facilitate workshops and meetings with internal and external stakeholders
• Communicate effectively with senior leadership, vendors, and cross-functional teams

Documentation and Reporting:

• Produce and maintain high-quality documentation, including BRDs, FRDs, process maps, and test scenarios
• Support UAT and SIT phases through test case creation, execution, and defect management

Required Skills/Experience:
The ideal candidate will have the following:

• Strong understanding of payment schemes, clearing systems, and the end-to-end payment processing lifecycle
• Hands-on experience with ISO 20022, SWIFT MT/MX, SEPA, FPS, CHAPS, and card networks
• Familiarity with regulatory frameworks such as PSD2, AML, and KYC
• Proficiency in tools such as JIRA, Confluence, Visio, and Excel
• Excellent communication, stakeholder engagement, and problem-solving skills
• Experience working in both Agile and Waterfall delivery environments

Preferred Qualifications:
Although not essential, the following skills are desired by the client:

• Bachelor?s degree in Business, Finance, Computer Science, or a related field
• Professional certifications such as CBAP, PMI-PBA, or Agile BA
• Experience working in consulting, banking, or fintech environments

If you are interested in this opportunity, please apply now with your updated CV in Microsoft Word/PDF format.

Disclaimer:
Notwithstanding any guidelines given to level of experience sought, we will consider candidates from outside this range if they can demonstrate the necessary competencies.
Square One is acting as both an employment agency and an employment business, and is an equal opportunities recruitment business. Square One embraces diversity and will treat everyone equally. Please see our website for our full diversity statement.