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 crossborder 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 seniormanagement communication on SWIFT programmes. Key Responsibilities Define and own the SWIFT/ISO 20022 change roadmap: MT–MX migration, new scheme features, crossborder product enhancements, and integration with fraud/sanctions/compliance systems. Lead requirements elicitation anddocumentation (BRD/FRD, user stories, use cases, asis/tobe 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 postgolive stabilization. Lead requirement workshops with Operations, Business, Compliance, Risk, Treasury, and IT; produce BRDs/FRDs, user stories, and endtoend 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 signoff business functionality and data quality (including enriched ISO 20022 data). Support incident and change management for SWIFT/ISO 20022 scope, including rootcause 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 endtoend crossborder payment lifecycles, cutoffs, charges, investigations/returns, and compliance touchpoints (AML, sanctions, fraud). Handson experience mapping MT to MX, working with pacs/pain/camt messages, and handling coexistence/migration windows. Proven ability to run workshops, negotiate priorities, manage backlogs, and present to senior management/steercos on scope, risks, and timelines. Strong documentation, process modelling, and analytical skills, including asis/tobe, 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)