Synechron · 2 months ago
Business Analyst - (Wires channel in payments processing)
Charlotte, NC
Full-time
Hybrid
Mid, Senior Level
$95K/yr - $100K/yr
7+ years expSynechron is a global consulting firm that combines creativity and innovative technology to deliver industry-leading digital solutions. They are seeking a detail-oriented Business Analyst with expertise in Wires payment processing to collaborate with cross-functional teams, enhance payment systems, and ensure accuracy in financial reporting.
ConsultingIT ManagementSoftware
Hiring Manager
Chandan Bhagat
Responsibilities
Requirements Gathering: Work with stakeholders to gather and document business requirements related to payment processing and reconciliation. Analyze existing payment processes and identify areas for improvement
Payment Systems Analysis: Evaluate and support the implementation of ACH, FedWire, and RTP file formats. Conduct analysis of transaction data to identify trends, patterns, and discrepancies
Reconciliation: Develop and maintain reconciliation processes to ensure the accuracy of payment transactions. Identify and resolve any discrepancies in payment records
Documentation: Create and maintain comprehensive documentation for business processes, requirements, and system specifications. Develop user manuals and training materials for new systems or processes
Collaboration: Collaborate with IT, finance, and operations teams to design and implement payment solutions. Act as a liaison between business units and technical teams to ensure alignment on project objectives
Testing and Validation: Participate in system testing and validation activities to ensure payment processing systems meet business requirements
Assist in user acceptance testing (UAT) and provide support during the implementation phase
Reporting: Generate regular reports on payment processing performance and reconciliation status. Analyze and present findings to management and stakeholders
Qualification
Required
7 + years of experience as a Business Analyst, preferably in the financial services or payments industry
Strong knowledge of Wires channel in payments processing, ACH, FedWire, and RTP file formats
Candidate should have very strong domain knowledge of Wires and also good understanding of the MTS application
Experience working in Agile environments and familiarity with Agile methodologies (Scrum, Kanban)
Proficient in data analysis tools and techniques (e.g., Excel, SQL, JIRA)
Excellent communication and interpersonal skills
Strong problem-solving abilities and attention to detail
Ability to work independently and in a team-oriented environment
Benefits
10 days of paid annual leave (plus sick leave and national holidays)
Maternity & paternity leave plans
A comprehensive insurance plan including medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region)
Retirement savings plans
A higher education certification policy
Commuter benefits (varies by region)
Extensive training opportunities, focused on skills, substantive knowledge, and personal development
On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses
Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups
Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms
A flat and approachable organization
A truly diverse, fun-loving, and global work culture
Company
Synechron
Synechron is a technology consulting and outsourcing company that helps clients in capital markets, insurance, and banking industries.
10001+ employees
H1B Sponsorship
Synechron has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
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Trends of Total Sponsorships
2025 (543)
2024 (628)
2023 (665)
2022 (722)
2021 (720)
2020 (1404)
Funding
Current Stage
Late StageLeadership Team
Yogesh Joshee
Director - Sales
Recent News
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2025-10-11
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