Techstra Solutions · 1 day ago
Payments Business Systems Analyst – Commercial & Investment Banking
Pittsburgh, PA
Full-time
Onsite
Senior Level
5+ years expTechstra Solutions helps leading organizations unlock the value of Digital and Talent Transformation. They are seeking a Payments Business Systems Analyst to analyze and document end-to-end payment flows, translate business and regulatory requirements, and support modernization initiatives in the banking sector.
Cloud ComputingConsultingDevOpsManagement Consulting
Responsibilities
Analyze and document end-to-end payment flows across channels, payment hubs, screening, posting, settlement, and reporting
Translate business and regulatory requirements into clear functional and non-functional requirements
Support modernization initiatives, including payment hub consolidation
Partner with architects and engineers to ensure solutions align with payments best practices
Define and validate payment messaging requirements, including: ISO 20022 (pacs, pain, camt), SWIFT MT/MX coexistence
Create and maintain field-level mapping specifications
Support integrations using APIs, message queues, and file-based interfaces
Define error handling, retry logic, idempotency, and reconciliation points
Embed AML, OFAC, and sanctions screening requirements into payment flows
Ensure proper audit trails, traceability, and evidentiary data
Support investigations, returns, and exception handling workflows
Partner with Risk and Compliance teams during audits and regulatory reviews
Define end-to-end test scenarios, including positive, negative, and edge cases
Support UAT, parallel runs, and production cutovers
Assist with defect triage, root cause analysis, and post-release stabilization
Ensure delivery readiness against operational and regulatory SLAs
Work closely with Product, Operations, Technology, and external vendors
Support client-impacting issues and payment escalations
Communicate complex payment concepts to technical and non-technical audiences
Qualification
Required
5+ years of experience as a Business Systems Analyst in financial services
Strong hands-on experience with payments systems in a banking environment
Solid understanding of: Wires, ACH, RTP, and cross-border payments
Payment lifecycle, settlement, and liquidity concepts
Hands-on experience with ISO 20022 and SWIFT MT/MX messaging
Proven ability to analyze complex system integrations and data flows
Strong documentation skills, including: Functional specifications, Process and flow diagrams, Field-level mapping documents
Payment's architectures (real-time vs. batch)
APIs and message-based integrations
Data validation, enrichment, and transformation concepts
Reconciliation, exception handling, and monitoring
Non-functional requirements: Throughput, Latency, Resiliency, Auditability
Preferred
Commercial or Investment Banking experience
RTP or real-time payments exposure
Payment hub or core banking platform experience
Agile / Scrum delivery experience
Experience supporting regulatory exams or payment audits
Company
Techstra Solutions
Techstra Solutions is a consulting firm for digital and talent transformation.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Larry Honig
Chief Digital Officer
Recent News
Business Journals
2022-04-01
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