Senior Business Analyst - Payments

  • Attractive salary,discretionary performance bonus,health insurance,life insurance & pension scheme
  • London, England, United Kingdom
  • Contract, Full time
  • Mediterranean Bank Plc
  • 07 Aug 17

The Senior Business Analyst - Payments will form part of the Business Development team and will be responsible for the revision of existing payments infrastructure and operational processes, proposing and implementing the necessary improvements to bring the payments processing to industry standards and optimising income/cost ratios of payments services. An additional responsibility would include a preparation and execution of a plan to make the bank compliant with payments related regulations of European Union with a major focus on PSD2. The role shall also include a leading role in the implementation of multi-currency payments card project for retail clients.

Contract type

Full-time or definite 24 months engagement is possible

Duties and responsibilities

  • Revising and documenting existing payments processing and infrastructure, including the correspondent banking network
  • Preparing and implementing improvements in order to streamline the payments processing and optimise the cost/revenue structure
  • Performing a business analysis and implementation of regulatory changes related to payments services (PSD1, PSD2, eIDAS)
  • Performing a business analysis and implementation of multi-currency payments card project for retail clients of the bank across multiple jurisdictions (Mastercard, Visa)
  • Engaging and managing senior stakeholders within the Bank (Risk, Compliance, Operations, Technology)
  • Other duties to be determined from time to time by the Head of Business Development

Required knowledge, skills and experience

  • A minimum of 5 years of experience and a track record of delivering payments related change programmes/projects
  • Experience in dealing with correspondent Banks
  • Working knowledge of payments networks used in the European Union (SWIFT, SEPA, Target 2, SCT Instant Payments)
  • Working knowledge of payments systems (including payments processing software, payments reconciliation software, compliance verification software)
  • Working knowledge of payments network access options, including bureau services
  • Working knowledge of payment cards from technological, operational and commercial perspectives (Mastercard, Visa, Amex)
  • Working knowledge of regulatory changes related to payments services in the European Union (PSD1, PSD2, eIDAS)
  • Working knowledge of compliance and control processes at back office and middle office levels
  • Working knowledge in payments business analysis in large financial institution would be considered as an asset
  • Project management and stakeholder management skills
  • Innovative problem-solving skills