Tata Consultancy Services

Payments BA

Tata Consultancy Services$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in business analysis within the payments sector
  • Proficient in creating business requirements documents (BRDs) and functional specifications
  • Strong knowledge in various payment mechanisms like Wire, ACH, and Real-Time Payments
  • Experience with ISO 20022 and SWIFT messaging standards
  • Ability to understand and navigate payment processing cycles including clearing and settlement
  • Expertise in translating business needs into user stories and functional specs

Responsibilities

  • Gather and document business requirements for payment-related projects
  • Analyze gaps between current and proposed payment systems
  • Create detailed process flows and functional specifications for payment initiatives
  • Collaborate with business stakeholders and technology teams to ensure alignment
  • Drive the solution design and delivery for payment platforms
  • Facilitate communication across departments to enhance payment processing operations

Benefits

  • Opportunities for professional development and growth
  • Access to the latest technology and tools
  • Work within a collaborative and innovative team environment
  • Flexibility for remote work and a healthy work-life balance
  • Comprehensive benefits package including health and wellness programs
Full Job Description
Role 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 Payments
o Cards & Merchant Payments
• Understand end-to-end payment lifecycle:
o Initiation Validation Clear ing 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.

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
Size
469,261 employees
Industry

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