Tata Consultancy Services

Business Analyst

Tata Consultancy Services$100K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in business and functional analysis within the payments domain.
  • Expertise in creating business requirements documents (BRDs) and functional specifications.
  • Strong understanding of the end-to-end payment lifecycle including validation, clearing, and reconciliation.
  • Familiarity with major payment systems such as SWIFT, Fedwire, and ACH/SEPA.
  • In-depth knowledge of payment messaging standards like ISO 20022.

Responsibilities

  • Analyze and document business requirements for payments initiatives.
  • Translate business needs into functional specifications and user stories.
  • Conduct gap analysis on existing and proposed payment systems.
  • Create detailed documentation including process flows and use cases.
  • Act as a liaison between business stakeholders and technology teams for solution design.

Benefits

  • Flexible working arrangements to promote work-life balance.
  • Professional development opportunities to enhance industry skills.
  • Comprehensive health and wellness programs.
  • Employee support initiatives including mental health resources.
Full Job Description
Must Have Technical/Functional Skills

1. Business & Functional Analysis
• Gather, analyze, and document business requirements for payments initiatives
• Translate business needs into clear functional specifications and user stories
• Conduct gap analysis between existing and proposed payment systems
• Create BRDs, FRDs, use cases, process flows, and functional specs

2. Payments Domain Expertise
• Work across key payments areas:
o Wire Payments (SWIFT, Fedwire, CHAPS)
o ACH / SEPA
o Real-Time Payments (RTP) / Faster Paymentso Cards & Merchant Payments
• Understand end-to-end payment lifecycle:
o Initiation Validation Clearing Settlement Reconciliation

Domain Skills
• Strong experience in Payments (mandatory)
• Knowledge of:
o ISO 20022
o SWIFT messaging (MT/MX)
o Payment hubs / core banking systems

Roles & Responsibilities

We are seeking a Payments Business Analyst with deep domain expertise across payments processing, clearing & settlement, and digital payments ecosystems. The candidate will act as a bridge between business stakeholders and technology teams, driving requirements, solution design, and delivery across payment platforms.

Salary Range - CA$ 100,000 - CA$ 130,000 Per Year

Note:
  • TCS does not use artificial intelligence tools for candidate screening or evaluation.
  • This posting is for a current vacancy
  • The hiring process includes an initial screening by the TCS Hiring Team, followed by a technical evaluation and managerial discussion conducted by the Business Team, and concluding with the final HR evaluation.

TCS does not use artificial intelligence tools for candidate screening or evaluation. This post is for a current vacancy. The hiring process includes an initial screening, followed by a technical evaluation and managerial discussion.

About Tata Consultancy Services

Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company, headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Tata Group and operates in 149 locations across 46 countries. TCS is the largest Indian company by market capitalization and is ranked 11th on the Forbes Global 2000 list of the world's biggest public companies. TCS is also the second-largest IT services company in the world by revenue and the largest employer of women in India. The company provides services in areas including IT, consulting, and business solutions.
Learn more about Tata Consultancy Services
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469,261 employees
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