Senior Business Analyst - Payments Transformation Wire Payments

Senior Business Analyst - Payments Transformation Wire Payments New Jersey, Newark 01/26/2026 Contract Active Job Description: Job Summary The Senior Business Analyst will support a large-scale Payments Transformation initiative with a primary focus on modernizing wire processing capabilities across Fedwire, SWIFT, and CHIPS. This role requires deep expertise in wire payments and a strong ability to translate complex business and regulatory needs into clear functional requirements. The position will partner closely with product, operations, compliance, architecture, and engineering teams to drive end-to-end modernization of critical wire processing systems. Key Responsibilities Lead the definition and documentation of requirements for wire payments transformation initiatives. Provide subject matter expertise across Fedwire, SWIFT, and CHIPS payment processing. Analyze and document end-to-end wire processing flows, from initiation through settlement. Translate business and regulatory requirements into functional and non-functional specifications. Collaborate with engineering and architecture teams to support solution design and modernization efforts. Support data mapping, message standard definitions, and integration design activities. Identify operational, regulatory, and settlement risks and assist in developing mitigation strategies. Contribute to testing strategy, user acceptance testing (UAT), and implementation readiness. Required Qualifications Bachelor’s degree or equivalent experience in Business, Finance, Information Systems, or a related field. Minimum 5 years of experience as a Business Analyst or in a comparable role within financial services supporting wire payments. Demonstrated hands-on expertise in Fedwire, SWIFT (MT and/or ISO 20022), and CHIPS wire payment flows. Strong background in translating business and regulatory requirements into detailed functional specifications. Proficiency in documenting business processes and analyzing system behaviors. Ability to collaborate effectively with cross-functional partners. Strong verbal and written communication skills. Must be based in the United States and able to work in a hybrid or on-site capacity as required. Hands-on experience with wire processing areas including: SWIFT message flows (MT and/or ISO 20022) CHIPS processing and settlement concepts Wire initiation, validation, repair, and release Cut-off times, settlement windows, and liquidity considerations Investigations, recalls, amendments, and exceptions Sanctions screening, AML, and compliance controls related to wire payments Preferred Qualifications Experience supporting payments transformation or modernization programs. Knowledge of ISO 20022 migration and implementation. Familiarity with operational risk, settlement processes, and compliance considerations in payment systems. Experience with data mapping, payment message standards, and integration design. #J-18808-Ljbffr