Senior Payments BA/PO (Contract – Hybrid – Charlotte, NC; New York, NY; Dallas, TX; Minneapolis, MN; Tampa, FL; or San Francisco, CA)

Senior Payments BA/PO (Contract – Hybrid – Charlotte, NC; New York, NY; Dallas, TX; Minneapolis, MN; Tampa, FL; or San Francisco, CA)

Our client, a prominent financial services company, is actively seeking a highly skilled Business Analyst/Product Owner to join their team. This contract position offers a flexible hybrid work model, with base locations available in Charlotte, NC; New York, NY; Dallas, TX; Minneapolis, MN; Tampa, FL; or San Francisco, CA. As a vital member of the Treasury Management and Cross-Border Product team, you’ll be instrumental in supporting critical Wire Processing and ISO 20022 Conversion Initiatives. The ideal candidate will possess robust communication skills, meticulous attention to detail, and a proven ability to manage complex projects, all of which are essential for successfully aligning within the organization’s dynamic and compliance-driven environment.

What’s the Job? Leading Payment Transformation Initiatives

As a Senior Payments Business Analyst/Product Owner, you’ll be at the forefront of modernizing the financial messaging landscape. Your role is pivotal in driving complex payment system transformations, ensuring compliance with evolving global standards, and optimizing cross-border payment flows.

• Gather and Document Business Requirements: You’ll meticulously gather and document intricate business requirements specifically related to ISO 20022 wire conversions, SWIFT, and ACH processes. This involves collaborating with various stakeholders across operations, technology, and compliance to elicit, analyze, and formalize detailed needs, ensuring that technical solutions precisely meet business objectives and regulatory mandates. Your clear, precise documentation will serve as the foundation for successful project execution.
• Develop and Refine User Stories and Acceptance Criteria: You’ll be instrumental in the agile development lifecycle, responsible for skillfully developing and refining user stories and acceptance criteria for large-scale payment system implementations. This involves breaking down complex features into actionable components, ensuring clarity for development teams, and defining explicit conditions that must be met for a feature to be considered complete and successful. Your input is critical for guiding efficient development and rigorous testing.
• Lead Wire-Focused Initiatives, Including Vendor Management: You will take a leading role in various wire-focused initiatives, with a significant emphasis on managing key vendor relationships. This includes overseeing projects related to SWIFT wire processes and managing ACI vendors (e.g., ACI Worldwide, a common payment software provider). A central focus will be on ensuring a smooth and compliant ISO 20022 migration, which involves transitioning to the new global messaging standard for financial transactions. Your leadership will ensure these complex projects are driven efficiently and effectively.
• Facilitate SWIFT Wire Conversion to ACH Payments and Compliance: A unique and critical responsibility involves facilitating the conversion of incoming SWIFT wires into ACH payments. This requires a deep understanding of both messaging standards and payment rails. You’ll ensure the seamless transformation of international wire instructions into domestic automated clearing house transactions, and crucially, guarantee strict compliance with all cross-border product requirements and regulatory guidelines.
• Oversee Key ISO 20022 Messages for Information Reporting: You will provide expert oversight for critical ISO 20022 messages used in information reporting, ensuring data accuracy and compliance. This includes deep familiarity with:
  • PACS 008 (Financial Institution to Financial Institution Customer Credit Transfer): Messages used for direct bank-to-bank client payments.
  • PACS 009 (Financial Institution Credit Transfer): Messages for interbank payments.
  • PAIN (Payments Initiation) Messages (e.g., PAIN.001): Messages used by corporates to initiate payments to banks.
  • CAMT 52 (Bank-to-Customer Account Report): Detailed balance and transaction information for customers.
  • CAMT 53 (Bank-to-Customer Statement): Comprehensive account statements.
  • CAMT 54 (Bank-to-Customer Debit/Credit Notification): Individual debit/credit notifications. Your role will involve ensuring that data within these message types is accurate, complete, and fully compliant with reporting standards and regulatory requirements.

What’s Needed? Your Expertise in Payments and Financial Technology

To excel as a Senior Payments Business Analyst/Product Owner, you’ll need extensive experience in financial services, specialized knowledge of payment systems and ISO 20022, and a proven track record in project execution.

• Extensive BA/PO Experience in Financial Services Payments: You must possess 7+ years of verifiable experience as a Business Analyst and/or Product Owner specifically within the financial services industry. This extensive background must have a strong focus on payments, ISO 20022, and wire processing, indicating deep practical knowledge of this highly specialized domain.
• Strong Knowledge of Key Wire Systems: You are required to have strong knowledge of major wire systems, including SWIFT (Society for Worldwide Interbank Financial Telecommunication), GPI (SWIFT Global Payments Innovation), FED (Federal Reserve’s Fedwire Funds Service), and CHIPS (Clearing House Interbank Payments System). Your understanding of these critical payment infrastructures is essential for managing wire processing initiatives.
• Experience with Key ISO 20022 Message Types: You must possess hands-on experience with PACS 008 (bank clients), PACS 009 PAIN (corporate messages), and CAMT 52/53/54 for information reporting. This demonstrates your practical understanding of the new ISO 20022 messaging standards and their application in various financial transaction and reporting scenarios.
• Hands-on Experience with Payment Vendors and Systems: You are required to have hands-on experience working with ACI vendors (e.g., ACI Worldwide payment solutions). Additionally, experience with specific internal payment systems such as GMTS (Global Messaging and Treasury System) and EMTS (Enterprise Messaging and Treasury System) would be highly beneficial, showcasing your familiarity with complex, large-scale financial messaging environments.
• Proven Expertise in Requirements and Implementations: You must have proven expertise in gathering requirements for complex financial systems, writing clear and concise user stories for agile development, and a demonstrated ability to effectively manage large-scale application implementations. This highlights your end-to-end project lifecycle management skills within a payments context.

What’s in it for me? Growth, Impact, and High-Level Exposure

This contract Senior Payments BA/PO role offers a compelling environment for professional growth and significant impact within a leading financial services company.

• Competitive Hourly Pay Rates: You will receive competitive hourly pay rates, reflecting the specialized expertise and critical nature of this role within the financial services industry.
• Opportunity to Work with a Leading Financial Services Company: You’ll have the invaluable opportunity to work with a leading financial services company, gaining exposure to global operations and the rigorous standards of a major player in the banking sector.
• Collaborative Environment with Senior Experts: You will thrive in a highly collaborative environment, working closely with senior architects and product managers. This provides exceptional opportunities for knowledge sharing, mentorship, and contributing to high-level strategic decisions in payment system evolution.
• Exposure to High-Level Payment System Initiatives: This role offers extensive exposure to high-level payment system initiatives and complex cross-border payments. You’ll be involved in transforming how money moves globally, providing a cutting-edge experience in a rapidly evolving financial landscape.
• Gain Experience with Cutting-Edge Technologies and Migrations: You will gain hands-on experience with cutting-edge payment processing technologies and pivotal ISO 20022 migrations. This ensures your skills remain highly relevant and in-demand, positioning you at the forefront of modern payment system transformations.

Upon completion of waiting period consultants are eligible for:

• Medical and Prescription Drug Plans: Comprehensive healthcare coverage for medical services and necessary prescription medications.
• Dental Plan: Benefits covering routine dental care and essential treatments.
• Vision Plan: Coverage for eye examinations, prescription glasses, and contact lenses.
• Health Savings Account (HSA): A tax-advantaged savings account to help pay for qualified medical expenses.
• Health Flexible Spending Account (HFSA): Allows pre-tax contributions for eligible healthcare costs.
• Dependent Care Flexible Spending Account (DCFSA): Provides tax advantages for dependent care expenses.
• Supplemental Life Insurance: Options for additional life insurance coverage for enhanced financial protection.
• Short Term and Long Term Disability Insurance: Income replacement benefits during periods of temporary or prolonged incapacitation due to illness or injury.
• Business Travel Insurance: Coverage for unforeseen events or emergencies that may occur during authorized business travel.
• 401(k), Plus Match: An opportunity to save for retirement with the added benefit of employer matching contributions, enhancing your long-term financial growth.
• Weekly Pay: Consistent and regular compensation provided on a weekly basis, ensuring stable financial flow throughout your contract engagement.

If this Senior Payments BA/PO role, based in one of the key financial hubs (Charlotte, NY, Dallas, Minneapolis, Tampa, or San Francisco), aligns with your extensive experience in payment systems, ISO 20022, and your passion for driving complex financial transformations, we encourage you to learn more about this exciting hybrid contract opportunity. This is a fantastic chance to make a significant impact on global payment processing.

Are you ready to lead the future of payments in a leading financial institution?