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Business Analyst; Banking and NJHybrid

Job in Edison, Middlesex County, New Jersey, 07390, USA
Listing for: Inherent Technologies, Inc.
Full Time position
Listed on 2026-10-16
Job specializations:
  • Business
    Business Systems & Technology Analysis, Banking & Finance
  • IT/Tech
    Business Systems & Technology Analysis, IT Business Analyst, Banking & Finance
Salary/Wage Range or Industry Benchmark: 90000 - 140000 USD Yearly USD 90000.00 140000.00 YEAR
Job Description & How to Apply Below
Position: Business Analyst(Banking and Payments NJHybrid
Position:
Business Analyst(Banking and Payments)

Location:

Jersey City, NJ
*** Hybrid
* ** Duration: 1 Years

Job Description

We are seeking an experienced Business Analyst with 10+ years of overall IT experience to join our team in Edison, NJ
. The ideal candidate should possess strong expertise in Banking and Payments with hands-on experience in payment modernization,
ISO 20022 migration
, and AI-driven business analysis initiatives. This is an onsite opportunity requiring a Face-to-Face interview
.

Required Skills & Experience
  • 10+ years of experience as a Business Analyst in the IT industry.
  • Strong domain knowledge of Banking and Payment Systems.
  • Hands-on experience with:
  • FED Payments
  • CHIPS
  • ACH
  • RTP (Real-Time Payments)
  • SWIFT
  • CBPR+
  • Strong experience in ISO 20022 Migration projects.
  • Expertise in MT to MX Conversion, including:
  • MT103 pacs.
    008
  • MT202/MT202CO
    V pacs.
    009
  • Experience gathering business requirements, creating User Stories, acceptance criteria, and maintaining product backlogs.
  • Strong working knowledge of:
  • Agile/Scrum
  • Jira
  • Confluence
  • Experience working with Generative AI (GenAI) tools and AI-assisted business analysis.
  • Excellent stakeholder management, communication, and documentation skills.
  • Ability to collaborate with cross-functional teams, including business users, architects, developers, and QA teams.
Responsibilities
  • Gather, analyze, and document business and functional requirements.
  • Work closely with business stakeholders to define payment modernization requirements.
  • Lead requirement workshops and create detailed user stories and process flows.
  • Support ISO 20022/CBPR+ migration initiatives and payment transformation projects.
  • Analyze SWIFT MT to MX message conversion requirements and ensure compliance.
  • Collaborate with development and QA teams throughout the SDLC.
  • Manage project artifacts using Jira and Confluence.
  • Leverage GenAI tools to improve requirement analysis, documentation, and productivity.
  • Participate in Agile ceremonies including Sprint Planning, Daily Stand-ups, Reviews, and Retrospectives.
Preferred Qualifications
  • Experience with large financial institutions or banking clients.
  • Prior experience in payment transformation or financial messaging modernization projects.
  • Strong analytical, problem-solving, and communication skills.

Rohit Chauhan

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