Business Analyst

Job Requirements Job Title: Business Analyst - SWIFT

Location: Navi Mumbai - Airoli

Department - Information Technology

Experience: 5 - 10 Years

Job Summary: The primary objective is to shape and deliver strategic initiatives on cross‑border payments, SWIFT MT/MX, and ISO 20022 migration, ensuring business value, compliance, and operational resilience. The role is

typically, senior (5 – 10 years), with responsibility for requirements strategy, scheme/vendor coordination, and senior‑management communication on SWIFT programmes.

Key Responsibilities

• Define and own the SWIFT/ISO 20022 change roadmap: MT–MX migration, new scheme features, cross‑border product enhancements, and integration with fraud/sanctions/compliance systems.
• Lead requirements elicitation anddocumentation (BRD/FRD, user stories, use cases, as‑is/to‑be flows) for SWIFT

MT/MX messages, payment engines, and upstream/downstream systems.

• Own business analysis for SWIFT MT/MX and ISO 20022 initiatives, from discovery through implementation and post‑go‑live stabilization.
• Lead requirement workshops with Operations, Business, Compliance, Risk, Treasury, and IT; produce BRDs/FRDs,

user stories, and end‑to‑end process flows.

• Perform MT–MX mapping and gap analysis, documenting impacts on channels, payment hub, core banking, sanctions/fraud, and reconciliation systems.
• Contribute to solution design with architects and vendors for SWIFT connectivity, payment engines, and downstream integrations.
• Define business acceptance criteria, support test case design, review results, and sign‑off business functionality

and data quality (including enriched ISO 20022 data).

• Support incident and change management for SWIFT/ISO 20022 scope, including root‑cause analysis, remediation requirements, and stakeholder communication decks.
• Track scheme and regulatory changes related to SWIFT and ISO 20022 and maintain an impact/requirement register and roadmap.
• Strong understanding of end‑to‑end cross‑border payment lifecycles, cut‑offs, charges, investigations/returns, and compliance touchpoints (AML, sanctions, fraud).
• Hands‑on experience mapping MT to MX, working with pacs/pain/camt messages, and handling co‑existence/migration windows.
• Proven ability to run workshops, negotiate priorities, manage backlogs, and present to senior management/steer‑cos on scope, risks, and timelines.
• Strong documentation, process modelling, and analytical skills, including as‑is/to‑be, data mapping, and

traceability matrices.

• Proficiency with BA toolset: process modelling (BPMN), data mapping, user stories/backlog management, and

traceability.

• Excellent communication skills with demonstrated experience presenting to senior management and external

stakeholders.

Educational Qualification(Fulltime): Bachelor of Technology (B.Tech) / Bachelor of Science (B.Sc) /

Master of Science (M.Sc) /Master of Technology (M.Tech) / Bachelor of Computer

Applications (BCA) / Master of Computer Applications (MCA)