Information Technology Business Analyst With Banking & Payments Domain Experience

Job Details:Information Technology Business Analyst with Banking & Payments Domain Experience

Work Location: Toronto

Hourly rate/hours per week: 37.5 Hours per week; $42/hour

Full-time or Part-Time:Full-time

Shift (Day/Morning; Evening):Day, Morning

Start date: October 02, 2023

Workplace: Onsite

Benefits:

• Health Benefits: Health Care Plan; Dental Plan

Requirements:

Education:Bachelor’s degree in business, Finance, Computer Science, or a related field

Experience:2+ years of experience in payments, financial analysis, or business analysis within the fintech or financial services industry

Specialization/Other qualifications:

• Strong understanding of payment systems, processors, and associated technologies
• SWIFT, Fedwire, ISO20022, RTGS, Clearing & Settlements, Interac Payment system, EFT, Bill Payments, ACH & others.
• Payment products –Dovetail (EPP), Global Payplus, ACI worldwide & FTM suite, Fiserv EPP & UFP
• Work collaboratively in a fast-paced, agile environment
• Channels/Payment injectors, Payment processing engines for International, CHAPS, BACS schemes, Payment Sanctions & Gateway Units
• Proficiency in data analysis tools (e.g., Excel, SQL) to manipulate, analyze, and visualize data effectively
• MT, MX files System experience

Responsibilities:

• Produce comprehensive reports, presentations, and documentation to communicate.
• Act as the primary point of contact with clients to identify and document requirements for payment-related inquiries during client engagements
• Conduct and participate in testing and quality assurance of payment features to ensure the reliability, accuracy, and functionality of system changes and enhancements for error-free functionality.
• Monitor industry trends, emerging technologies, and best practices in payments to inform business strategies.
• Design, develop, integrate, test and implement information systems business solutions together with internal teams to gather requirements, translate business needs into functional specifications, and contribute to the development of innovative payment solutions.
• Analyze payments systems processes identifying pain points, and bottlenecks, and propose customized solutions to improve performance and efficiency.
• Work closely with compliance teams to provide advice on information systems strategy, policy, management, security and service delivery to ensure that payment systems adhere to relevant industry regulations and standards.
• As an Information Technology (IT) Business Analyst for Banking and Payments at Cogency Inc., you will play a pivotal role in understanding, analyzing, and improving our payment systems and processes. You will collaborate closely with cross-functional teams, including product managers, developers, and stakeholders, to identify opportunities for enhancement, drive efficiency, and ensure compliance with industry regulations.
• Act as a liaison between business units, technology teams, and support teams.

Other Information:

Why Join Us:

• Collaborative and inclusive work environment that encourages personal and professional growth.
• Competitive compensation package, including benefits and opportunities for career advancement.
• Opportunity to work at the forefront of fintech innovation, contributing to the evolution of payment systems.
• Access to cutting-edge technologies and tools to drive your analytical work.

If you're ready to take on an exciting challenge in the world of payments and make a meaningful impact, we'd love to hear from you. Apply now by sending your resume and a cover letter detailing your relevant experience and why you're the perfect fit for this role to [email protected]

Cogency Inc is an equal-opportunity employer. We welcome and encourage applications from candidates of all backgrounds and experiences.