Payments Business Systems Analyst – Commercial & Investment Banking

Job Title

Payments Business Systems Analyst – Commercial & Investment Banking

Employment Type: Full-time
Locations: Pittsburgh, PA 

Key Responsibilities

Payments Analysis & Design

• 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

Messaging & Integration

• 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

Risk, Controls & Compliance

• 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

Testing & Delivery Support

• 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

Stakeholder Collaboration

• 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

MUST HAVE QUALIFICATIONS (Non-Negotiable)

• 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

Technical Skills (Non-Coding)

• 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 Qualifications

• 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

Soft Skills & Traits

• Strong analytical and problem-solving skills

• Detail-oriented with a big-picture mindset

• Comfortable operating in high-pressure, time-sensitive environments

• Clear communicator and effective collaborator

• Ownership mindset with strong follow-through

About Techstra Solutions

Techstra Solutions helps leading organizations unlock the value of Digital and Talent Transformation. We combine business strategy, tech