Full-Time
Business Analyst
Updated on 7/29/2026
Swift
5,001-10,000 employees
Global secure financial messaging network
No salary listed
London, UK
In Person
On-site role based in London; remote work not available.
 Business & Strategy (1) |
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- Strong experience working as a business analyst in financial services within transaction banking.
- A team player with ability with work both collaboratively and independently.
- Ability to work effectively in a fast-paced dynamic environment.
- Experience working between business, technology and delivery teams, with ability to engage both technical and non-technical stakeholders.
- Strong analytical and problem-solving skills.
- Excellent communication and presentation skills.
- Detail oriented with a disciplined approach to accuracy and quality.
- Fluent in English (spoken and written).
- Define, analyse and translate customer requirements into documented functional and non-functional requirements, user stories and acceptance criteria.
- Undertake detailed research on operational processes and operating models of target corridors and creditor markets to identify, design and document current and target states.
- Evaluate design solutions for completeness, coherence and operational readiness.
- Work closely with technical delivery teams to support the design and delivery of high-quality, timely solutions.
- Act as the liaison between business teams, technology and delivery teams to ensure project alignment.
- Support User Acceptance Testing (UAT) and validate that delivered products, services and capabilities meet defined acceptance criteria.
- Assist in planning and coordinating customer testing activities, including analysing feedback and formulating recommendations for changes or enhancements required, either from testing with Swift’s Test Sparring Partner (TSP) or bilateral and multilateral live testing.
- Maintain key documentation such as procedures, process, requirements and specification documents in line with Swift standards and methodologies.
- Support rollout, adoption and user enablement activities including training and evolution of documentation e.g., operations guide, how-to guides, and FAQs.
- Act as subject-matter expert on the Swift payments scheme design, advising internal and external stakeholders with credibility and clarity.
- Contribute to the development of the team’s strategic goals and objectives.
- Identify opportunities for innovation and process improvement in the product management function.
- University degree
- Experience in cross-border payments related domains.
- Experience supporting testing and validation of reports, dashboards, and analytics solutions.
- Experience with defining API specifications and familiarity with end-to-end API lifecycle management and integration.
- Understanding of financial industry standardisation – standards bodies, processes, politics etc.
- Familiarity with Jira and Agile Control Framework processes.
- Strong commitment to continuous learning and improvement.
- Experience working across multiple geographies or matrixed organisations.
SWIFT is a cooperative owned by thousands of banks that provides a secure, standardized messaging network for international finance. It does not move money itself; it moves the information about transactions using the SWIFTNet platform, with a single global language for messages like payments and securities. It connects more than 11,000 institutions in 200+ countries and handles millions of messages every day, offering a common format and reliable delivery. Its goal is to enable secure, automated exchange of financial information worldwide to support the flow of money between banks.
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
La Hulpe, Belgium
Founded
1973
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Simplify's Take
What believers are saying
- Over 11,000 institutions in more than 200 countries use SWIFT.
- Blockchain settlement pilots with 40-plus institutions extend relevance to tokenized payments.
- Cross-border and securities messaging create durable demand for compliance and reliability services.
What critics are saying
- Stablecoin wallets and blockchain rails shift distribution away from SWIFT messaging.
- Regional payment systems like SEPA reduce cross-border message volumes.
- A successful stablecoin stack could relegate SWIFT to thin back-office compliance support.
What makes Swift unique
- Member-owned cooperative founded in 1973 by 239 banks in 15 countries.
- Standardized secure messaging replaced Telex for cross-border financial communication.
- Expanded from payments into securities, central banks, and SWIFTNet infrastructure.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Hybrid Work Options
Company News
Stripe and Swift race to control the next generation of global payments infrastructure. July 17, 2026 - By CoinDesk - Original Stripe and SWIFT are competing to dominate global payments infrastructure as stablecoins gain traction, shifting focus from technology to distribution. Confidence: 80% Horizon: medium-term Key numbers. * 53 billion (Stripe's bid for PayPal) * 40 (financial institutions collaborating with SWIFT) * 439 million (PayPal's active accounts) * 1.79 trillion (PayPal processed in 2025) Market drivers (micro). * Increased adoption of stablecoins as payment infrastructure. * Competitive acquisitions among fintech companies. * Shift in focus from technology to distribution in payment systems. Context (macro). * Growing integration of blockchain technology in traditional finance. * Regulatory frameworks for digital asset payments are still developing. Who wins / who loses. * Winners: Stripe and SWIFT, as they strengthen their positions in the digital payments market. * Losers: Traditional payment intermediaries like Visa and Mastercard may face reduced influence. Scenarios. Base Stripe successfully acquires PayPal, enhancing its consumer payment capabilities and solidifying its market position. Alt Regulatory hurdles prevent the Stripe-PayPal acquisition, allowing SWIFT to gain an upper hand in blockchain payment infrastructure. What to watch next. * Regulatory developments affecting stablecoin usage. * Further moves by Stripe and SWIFT in the payments space. * Adoption rates of stablecoins among consumers and merchants. Full analysis. Stripe and SWIFT race for global payments infrastructure. As stablecoins reach mainstream status, the battle for control over the next generation of global payments infrastructure intensifies. Stripe and SWIFT, two established financial entities, are increasingly competing to dominate the infrastructure behind digital payments. This week, SWIFT announced the expansion of its blockchain-based settlement network, now collaborating with over 40 financial institutions. This move underscores the urgency among traditional financial institutions to build the necessary rails for tokenized payments. In a significant development, Stripe made an unsolicited $53 billion bid for PayPal, aiming to merge its vast merchant network with one of the largest consumer wallets globally. This acquisition is seen as a strategic effort to reduce reliance on intermediaries like Visa and Mastercard. Experts suggest that the focus has shifted from merely proving blockchain technology to controlling distribution channels. As stablecoins evolve into essential payment infrastructure, companies are keen to own the wallets, merchant acceptance, and settlement layers. The competition between Stripe and SWIFT highlights a broader trend where banks, fintechs, and payment companies are racing to establish the infrastructure for the next generation of digital payments. SWIFT connects over 11,500 financial institutions and handles trillions in cross-border payments, while Stripe processes hundreds of billions annually for millions of businesses. The Stripe-PayPal bid could allow more transactions to flow through Stripe's network, enhancing its influence over consumer payments and reducing dependency on traditional payment processors. Additionally, PayPal's existing USD stablecoin, based on Paxos, serves as a bridge between traditional finance and digital assets. Industry analysts emphasize that the real competition lies in controlling the distribution of payments rather than just the technology behind them. As more fintech companies consider launching their own stablecoins, the landscape of digital payments is set for significant evolution. In conclusion, the moves by Stripe and SWIFT indicate that established financial companies are increasingly prioritizing blockchain infrastructure as a strategic asset rather than viewing it as a niche market. With stablecoins transitioning into mainstream finance, the battle for control over payment distribution is heating up.
BBVA becomes first Spanish bank to launch Swift's new global retail payments scheme. BBVA adopts Swift's new retail payment scheme to provide faster, more transparent, and predictable 24/7 international transfers for SMEs. Curated by Financing Your Way from original reporting by Finextra - Lending. Summary is AI-assisted and editorially reviewed - see its editorial standards. BBVA has become the first Spanish bank to implement Swift's new global retail payment scheme. For retailers and small businesses, this is a significant step toward solving the headache of international money transfers. Historically, sending or receiving money across borders has been plagued by hidden fees, slow processing times, and a lack of visibility into when the funds would actually arrive. This new initiative creates a standardized 'rulebook' for banks to ensure that international payments for individuals and SMEs are faster and available 24/7. For operators, this means better cash flow management and more predictable vendor payments. If you deal with international suppliers or customers, this technology reduces the friction of cross-border commerce. You will have more transparency into exactly how much money will arrive and when, rather than waiting days for a wire to clear through multiple intermediary banks. While this is currently launching with BBVA in Spain, it signals a broader shift in the global banking infrastructure toward the 'instant' experience consumers now expect from local apps like Venmo or Zelle, but on a global scale. Who else is covering this
Swift appoints Michael Manos as Chief Information Officer. Published: June 16, 2026 Swift today announced the appointment of Michael Manos as Chief Information Officer (CIO). Manos will lead Swift's technology platform strategy including network, security and cloud capabilities, ensuring Swift's services and systems - over which 11,500 banks, financial institutions and corporates send the equivalent of world GDP every three days - remain secure, resilient and ready to support the company's innovations for the global financial community, uplifting the payments experience and harnessing the benefits of tokenisation. Manos will oversee Swift's focus on post-quantum cryptography, its response to frontier AI, and the company's multi-year roadmap to adopt new cryptographic standards while maintaining interoperability and uninterrupted service for the global financial industry as the threat landscape continues to evolve. Manos joins Swift from Dun & Bradstreet, a leading global provider of business decision-making data and analytics, where he served as Chief Technology Officer. He brings more than 30 years of experience driving technology-led change and execution, having held senior leadership roles at companies including Fiserv, AOL and Microsoft, leading initiatives across technology operations, infrastructure, platform automation and the development of payment, banking and e-commerce platforms. Manos graduated from the Illinois Institute of Technology with a Bachelor of Science degree in Computer Science and holds multiple technology industry patents. Manos replaces Cheri McGuire, who served as CTO since 2021 and is retiring. Javier Pérez-Tasso, Chief Executive Officer at Swift, said: "Michael's depth of experience leading large-scale, mission-critical technology organisations across platforms, data and security will be an asset for Swift and its global community. "As the financial industry and technological landscape continues to evolve, Michael will lead our efforts to continue to invest in the resilience and security of our platforms as the company embraces digital technologies and enables responsible innovation. I would also like to express my gratitude to Cheri and wish her the best for her retirement. Her deep industry experience and contributions to Swift's operational excellence, security and technology resilience have been invaluable over the last five years." Michael Manos, Chief Information Officer at Swift, said: "Swift sits at the heart of the global financial system and its network is fundamental to the functioning of the world economy. Its reputation for maintaining the highest levels of security and resiliency is well known and thousands of institutions place their trust in Swift every single day. As Swift works to ensure that regulated digital forms of value can be introduced securely and seamlessly into the ecosystem, I'm looking forward to working with our teams across the world to build on and maintain the trust of our community." Article Last Updated: June 16, 2026
Why SWIFT latest blockchain announcement could slow Ripple (XRP) adoption. SWIFT's latest blockchain announcement hit the market fast, and the reaction around XRP came almost immediately. The headline spread quickly, and it raised a serious question for anyone following Ripple closely. Does this new move from SWIFT change the future of XRP? That reaction makes sense at first glance. A closer look at what was actually announced tells a very different story. SWIFT plays a central role in global banking, but its function is often misunderstood. SWIFT does not move money across borders. It sends instructions between banks, and the actual funds travel through a chain of correspondent banks. That process introduces delays and extra costs. Ripple built a system that tackles that exact problem. Its On Demand Liquidity solution uses XRP as a bridge asset. Funds convert into XRP, move across borders within seconds, and convert into another currency without relying on intermediaries. That difference sits at the center of this entire discussion. What you'll learn SWIFT Go Plus adds blockchain without replacing existing banking structure. SWIFT introduced a new initiative called SWIFT Go Plus. The goal focuses on faster cross border payments and the integration of digital assets into its system. CryptoIntel Daily explains this point clearly in their breakdown. The system does not replace correspondent banking. Banks still rely on intermediaries. The blockchain element improves certain parts of the process, but the core structure remains unchanged. That detail removes much of the fear behind the announcement. Ripple's model works in a completely different way. It removes the need for intermediaries rather than improving them. Transactions settle in seconds using XRP as the bridge asset. There is no need for multiple banks to process a single transfer. That change reduces both time and cost. CryptoIntel Daily stresses this distinction several times. SWIFT improves the old system. Ripple builds a new one. That difference means both systems can exist at the same time without directly replacing each other. SWIFT blockchain move confirms growing Demand for faster settlement systems. Another factor deserves attention. SWIFT moving into blockchain signals something bigger about the direction of global finance. Banks want faster settlement. They want lower transaction costs. They want to explore digital assets as part of their infrastructure. CryptoIntel Daily explains that this development supports the broader idea behind XRP. The market is moving toward the type of system Ripple has been building for years. That perspective changes the tone of the announcement. Bank adoption choices may slow XRP growth timeline. The timeline could still change. Banks tend to move slowly, and familiarity plays a major role in their decisions. SWIFT already connects to nearly every major bank in the world. That existing relationship makes adoption easier, even if the solution is not the most efficient option available. CryptoIntel Daily notes that some banks may choose SWIFT first because it fits into their current systems. That choice could delay the pace of XRP adoption. The long term direction may remain the same, but the journey could take longer. The way this news spread reveals something important. The narrative quickly turned into claims that XRP had been replaced. CryptoIntel Daily points out that this interpretation does not match what SWIFT actually announced. The system introduces improvements to existing infrastructure. It does not eliminate the need for alternative solutions like Ripple. Market reactions often follow simplified narratives. Those narratives do not always reflect the full picture. XRP adoption still depends on real usage and scaling. XRP's future depends on adoption at scale. Ripple already has working corridors in regions such as Latin America and Southeast Asia. Transactions are taking place. Costs are being reduced. The system is already in use. SWIFT's blockchain initiative remains in a pilot phase. It still needs to prove itself in real-world conditions. CryptoIntel Daily explains that banks often use multiple systems depending on their needs. This market does not operate as a single winner environment. A realistic outlook points toward coexistence. Some banks will continue using SWIFT due to familiarity. Others will adopt Ripple for efficiency. Some will use both depending on the situation. CryptoIntel Daily frames it clearly. SWIFT did not replace XRP. It introduced another option that solves similar problems in a different way.
SWIFT is advancing its blockchain-based shared ledger into its first MVP iteration, with live trials planned for later this year. The permissioned infrastructure, built on Linea, an Ethereum layer-2 network, will enable real-time settlement of tokenised deposits, regulated stablecoins and central bank digital currencies between financial institutions. The system combines messaging and settlement into a single layer, aiming to reduce reconciliation efforts and accelerate cross-border payments. Over 30 global banks, including JPMorgan, HSBC, BNP Paribas and Deutsche Bank, participated in the design phase. SWIFT operates the messaging network connecting over 11,000 financial institutions across more than 200 countries, facilitating the $183 trillion annual cross-border payments market. The ledger is positioned as a parallel track to existing infrastructure rather than a replacement.