Senior Business Analyst - Transformation Wire

New Jersey, Newark

01/26/2026

Contract

Active

Job Summary

The Senior Business Analyst will support a large-scale Payments Transformation initiative with a primary focus on modernizing wire processing capabilities across Fedwire, SWIFT, and CHIPS.

This role requires deep expertise in wire payments and a strong ability to translate complex business and regulatory needs into clear functional requirements.

The position will partner closely with product, operations, compliance, architecture, and engineering teams to drive end-to-end modernization of critical wire processing systems.

Key Responsibilities

• Lead the definition and documentation of requirements for wire payments transformation initiatives.
• Provide subject matter expertise across Fedwire, SWIFT, and CHIPS payment processing.
• Analyze and document end-to-end wire processing flows, from initiation through settlement.
• Translate business and regulatory requirements into functional and non-functional specifications.
• Collaborate with engineering and architecture teams to support solution design and modernization efforts.
• Support data mapping, message standard definitions, and integration design activities.
• Identify operational, regulatory, and settlement risks and assist in developing mitigation strategies.
• Contribute to testing strategy, user acceptance testing (UAT), and implementation readiness.

• Bachelor’s degree or equivalent experience in Business, Finance, Information Systems, or a related field.
• Minimum 5 years of experience as a Business Analyst or in a comparable role within financial services supporting wire payments.
• Demonstrated hands-on expertise in Fedwire, SWIFT (MT and/or ISO 20022), and CHIPS wire payment flows.
• Strong background in translating business and regulatory requirements into detailed functional specifications.
• Proficiency in documenting business processes and analyzing system behaviors.
• Ability to collaborate effectively with cross-functional partners.
• Strong verbal and written communication skills.
• Must be based in the United States and able to work in a hybrid or on-site capacity as required.
• Hands-on experience with wire processing areas including:
• SWIFT message flows (MT and/or ISO 20022)
• CHIPS processing and settlement concepts
• Wire initiation, validation, repair, and release
• Cut-off times, settlement windows, and liquidity considerations
• Investigations, recalls, amendments, and exceptions
• Sanctions screening, AML, and compliance controls related to wire payments

• Experience supporting payments transformation or modernization programs.
• Knowledge of ISO 20022 migration and implementation.
• Familiarity with operational risk, settlement processes, and compliance considerations in payment systems.
• Experience with data mapping, payment message standards, and integration design.