Senior Business Analyst Payments Transformation (Wire Payments)

Job Title: Senior Business Analyst - Payments Transformation (Wire Payments)

Location: Charlotte NC or Newark NJ (Hybrid)

Type: Contract

Role Overview:

• We are seeking a Senior Business Analyst with deep experience in wire payments to support a large-scale Payments Transformation program. This role will focus on modernizing wire processing capabilities across Fedwire SWIFT and CHIPS working closely with product operations compliance and engineering teams.
• The ideal candidate has worked hands-on with wire processing flows understands US and cross-border wire requirements end to end and can guide requirements and design for complex regulated payment systems.

Essential Duties and Responsibilities:

• Lead requirements definition for wire payments transformation initiatives.
• Provide subject matter expertise across Fedwire SWIFT and CHIPS.
• Analyze and document end-to-end wire processing flows from initiation through settlement.
• Translate business and regulatory needs into functional and non-functional requirements.
• Partner with engineering and architecture teams to guide solution design and modernization.
• Support data mapping message standards and integration design.
• Identify operational regulatory and settlement risks and drive mitigation strategies.
• Support testing strategy user acceptance testing (UAT) and implementation readiness.

Required Wire Payments Expertise (Must-Have):

• Candidates must have strong hands-on experience in wire payments including:
• Fedwire Funds Service (US domestic wires)
• SWIFT (MT and/or ISO 20022 message flows)
• CHIPS payment processing and settlement concepts
• Wire initiation validation repair and release processes
• Cut-off times settlement windows and liquidity considerations
• Investigations recalls amendments and exceptions
• Sanctions screening AML and compliance controls related to wires

Minimum Qualifications (Basic Qualifications):

• Bachelors degree or equivalent experience in Business Finance Information Systems or a related field.
• Minimum of 5 years professional experience as a Business Analyst or in a similar role supporting wire payments in the financial services industry.
• Demonstrated hands-on expertise in Fedwire SWIFT and CHIPS wire payment flows.
• Experience translating business and regulatory requirements into functional specifications.
• Strong documentation and analytical skills.
• Ability to work collaboratively with cross-functional teams.
• Excellent verbal and written communication skills.
• Must be located in the United States and able to work in a hybrid or on-site capacity as required.

Preferred Qualifications:

• Experience supporting payments transformation or modernization projects.
• Knowledge of ISO 20022 migration and implementation.
• Familiarity with operational risk settlement and compliance in payment systems.
• Experience with data mapping message standards and payment integration