Payments Business Systems Analyst Commercial & Investment Banking

Job Title

Payments Business Systems Analyst – Commercial & Investment Banking

Employment Type: Full-time
Locations: Pittsburgh, PA 

Key Responsibilities

Payments Analysis & Design

• Analyze and document end-to-end payment flows across channels, payment hubs, screening, posting, settlement, and reporting

• Translate business and regulatory requirements into clear functional and non-functional requirements

• Support modernization initiatives, including payment hub consolidation

• Partner with architects and engineers to ensure solutions align with payments best practices

Messaging & Integration

• Define and validate payment messaging requirements, including:

  • ISO 20022 (pacs, pain, camt)

  • SWIFT MT/MX coexistence

• Create and maintain field-level mapping specifications

• Support integrations using APIs, message queues, and file-based interfaces

• Define error handling, retry logic, idempotency, and reconciliation points

Risk, Controls & Compliance

• Embed AML, OFAC, and sanctions screening requirements into payment flows

• Ensure proper audit trails, traceability, and evidentiary data

• Support investigations, returns, and exception handling workflows

• Partner with Risk and Compliance teams during audits and regulatory reviews

Testing & Delivery Support

• Define end-to-end test scenarios, including positive, negative, and edge cases

• Support UAT, parallel runs, and production cutovers

• Assist with defect triage, root cause analysis, and post-release stabilization

• Ensure delivery readiness against operational and regulatory SLAs

Stakeholder Collaboration

• Work closely with Product, Operations, Technology, and external vendors

• Support client-impacting issues and payment escalations

• Communicate complex payment concepts to technical and non-technical audiences

MUST HAVE QUALIFICATIONS (Non-Negotiable)

• 5+ years of experience as a Business Systems Analyst in financial services

• Strong hands-on experience with payments systems in a banking environment

• Solid understanding of:

  • Wires, ACH, RTP, and cross-border payments

  • Payment lifecycle, settlement, and liquidity concepts

• Hands-on experience with ISO 20022 and SWIFT MT/MX messaging

• Proven ability to analyze complex system integrations and data flows

• Strong documentation skills, including:

  • Functional specifications

  • Process and flow diagrams

  • Field-level mapping documents

Technical Skills (Non-Coding)

• Payment's architectures (real-time vs. batch)

• APIs and message-based integrations

• Data validation, enrichment, and transformation concepts

• Reconciliation, exception handling, and monitoring

• Non-functional requirements:

  • Throughput

  • Latency

  • Resiliency

  • Auditability

Preferred Qualifications

• Commercial or Investment Banking experience

• RTP or real-time payments exposure

• Payment hub or core banking platform experience

• Agile / Scrum delivery experience

• Experience supporting regulatory exams or payment audits

Soft Skills & Traits

• Strong analytical and problem-solving skills

• Detail-oriented with a big-picture mindset

• Comfortable operating in high-pressure, time-sensitive environments

• Clear communicator and effective collaborator

• Ownership mindset with strong follow-through

About Techstra Solutions

Techstra Solutions helps leading organizations unlock the value of Digital and Talent Transformation. We combine business strategy, technology, and talent to guide clients through complex transformation journeys—from strategy through execution.

We deliver our expertise through consulting, innovative staffing solutions, and software development, always focused on measurable outcomes and long-term impact.

Equal Employment Opportunity Statement

Techstra Solutions is an equal opportunity employer. The Company makes its decisions on merit, and its policy of equal opportunity prohibits discrimination in all phases of the employment process, including, but not limited to, recruitment, hiring, promotion, selection, transfer, demotion, layoff, termination, compensation, benefits, and other terms and conditions of employment. The policy of equal opportunity applies without regard to race, color, creed, religion, gender,, sexual orientation, gender identification, pregnancy, marital status, national origin, ancestry, age, disability that can reasonably be accommodated without undue hardship, military status, veteran status, genetic predisposition or carrier status, alienage or citizenship, domestic partnership status, arrest or conviction record, status as a victim of domestic violence, or any other protected categories under federal, state, or local law. The Company also prohibits discrimination or harassment based upon the perception that a person has, or is associated with a person who has, any of these characteristics.