Payments Business Systems Analyst – Commercial & Investment Banking

Techstra Solutions•Pittsburgh, PA

About The Position

Techstra Solutions helps leading organizations unlock the value of Digital and Talent Transformation . We combine business strategy, technology, and talent to guide clients through complex transformation journeys—from strategy through execution. We deliver our expertise through consulting, innovative staffing solutions, and software development, always focused on measurable outcomes and long-term impact .

Requirements

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
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

Nice To Haves

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
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

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