Senior Business Analyst, Transaction Banking, Payments Engineering

Goldman Sachs • New York, NY

9h • $130,000 - $250,000

About The Position

As a Payments Business Analyst, you will be a strategic leader at the intersection of product, technology, and business operations. You will take ownership of defining and driving the functional vision for our most complex payment solutions, serving as a subject matter expert and a critical link between senior business stakeholders and our engineering organization. You will be responsible for translating high-level strategic objectives into a well-defined actionable backlog, comprised of epics and user stories that guide the development of robust, scalable, and compliant payment systems.
Your expert-level knowledge of the global payments ecosystem—spanning multiple payment rail schemes such as Fedwire, FedACH, CHAPS, SEPA, RTP, and CHIPS, and encompassing batch, RTGS, and real-time payment models—is fundamental to your success. You will not only analyze existing processes but will proactively identify and champion strategic opportunities for innovation, automation, and competitive differentiation.

Requirements

• 8+ years of professional experience as a business analyst, with a significant focus on payments, financial technology, or corporate banking.
• Extensive, hands-on experience leading requirements definition and creating epics/user stories for complex, large-scale payment platforms or products.
• Expert-level knowledge including deep understanding of the technical and operational nuances of the FedACH payment scheme and other payment schemas like RTGS (e.g., Fedwire, CHAPS), ACH/Low-Value (e.g., SEPA), and Real-Time Payments (e.g., RTP, FedNow).
• Proven track record of leading and delivering complex, cross-functional payment initiatives from conception to launch in a fast-paced, Agile environment (Scrum/Kanban).
• Demonstrated experience in mentoring junior team members and leading project workstreams.
• Exceptional communication, negotiation, and influencing skills, with the ability to engage effectively with executive-level stakeholders.
• A highly analytical and strategic mindset, with the ability to operate with a high degree of autonomy and take ownership of outcomes.

Nice To Haves

• Deep expertise in designing and optimizing payment operational workflows, including reconciliation, exception handling, and investigations.
• Experience leading vendor selection processes, integrations, and managing strategic relationships with key technology partners (like Volante, Finastra, Volante, ACI Worldwide, Fircosoft).
• In-depth knowledge of the global regulatory landscape impacting payments, such as PSD2/PSD3, Open Banking, ISO 20022 migration, and AML/sanctions screening requirements.
• Proven experience in defining solutions for compliance, audit, or SOX controls within a financial institution.
• Strong background in corporate cash management, treasury services, or correspondent banking.
• Experience presenting business cases, strategic recommendations, and project updates to executive leadership.

Responsibilities

• Lead the elicitation, critical analysis, and strategic documentation of complex business and functional requirements for large-scale payment initiatives.
• Define and own the translation of strategic business needs into clear, well-formed epics and detailed user stories, ensuring they align with the product roadmap and architectural vision.
• Drive and influence cross-functional teams, including senior leaders in product, engineering, operations, and legal/compliance, to achieve consensus and secure buy-in on key solution designs and priorities.
• Serve as a subject matter expert (SME) and key strategic liaison, providing authoritative guidance on payment systems, industry trends, and regulatory changes to both technical and non-technical audiences.
• Mentor and guide junior business analysts, fostering best practices in requirements gathering, documentation, and Agile methodologies.
• Define and oversee the end-to-end User Acceptance Testing (UAT) strategy for major product releases, ensuring comprehensive test coverage and validating that solutions meet complex business and regulatory mandates.
• Own the full lifecycle of strategic projects. This includes conducting deep-dive analyses of existing workflows, defining the vision for automated and optimized future-state processes, and driving the implementation from concept through to adoption to achieve significant gains in straight-through processing (STP) and reductions in operational risk.

Benefits

• Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed