Capco

Advises banks, insurers and energy companies

Business Analyst - Payments

Business AnalysisConfirmed live in the last 24 hours

Full-timePune, Maharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

6–10 years of overall experience, including at least 4 years of relevant hands-on Payments domain experience.
Proven experience as a Business Analyst in payments implementation and transformation programs; direct Payments domain experience is mandatory, and adjacent banking or financial services experience without hands-on Payments expertise is insufficient.
Strong subject matter expertise in the Payments domain, including end-to-end payment processing, the payment lifecycle, and payment operations.
Broad Payments domain experience beyond MT-to-MX migration projects, with exposure to Payment Hub modernization, clearing integration, and payment processing initiatives.
Hands-on experience with Payment Hub or Payment Orchestration platforms, including integration with upstream and downstream banking or payment systems.
Strong understanding of payment system integrations, API/service-based architectures, message routing and orchestration, and collaboration with business, operations, product, and technology teams throughout implementation.
Strong knowledge of payment messaging standards, including ISO 20022 (MX) and SWIFT MT message formats, with experience in message mapping, validation, and transformation.
Proven experience working with clearing schemes and payment rails such as RTGS, ACH, NACH, UPI, NEFT, FPS, SEPA, or equivalent regional clearing systems.
Proven experience in requirements gathering, business process analysis, solution design, testing, and stakeholder management for payments implementation and transformation programs.
Experience defining functional requirements, business rules, message flows, exception handling, reconciliation processes, and integration specifications for payment systems.

Desired Qualifications

Experience with payment hub products such as Finastra, FIS, Volante, Temenos, Fiserv, ACI, or similar payment processing platforms.

About Us

“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

Role: Senior Business Analyst

Location: Pune

Business Analyst – Payments Domain
Experience
• 6–10 years of overall experience, with at least 4+ Years of relevant hands-on experience in the Payments domain.
• Proven experience as a Business Analyst in payments implementation and transformation programs.
• Candidates must have direct Payments domain experience. Profiles with only adjacent banking or financial
services experience, without hands-on Payments expertise, will not be considered.
Mandatory Skills
1. Payments Domain Expertise
• Strong Subject Matter Expert (SME) in the Payments Domain with a deep understanding of end-to-end payment
processing, payment lifecycle, and payment operations.
• Broad Payments domain experience beyond MT-to-MX migration projects, with exposure to Payment Hub
modernization, clearing integration, and payment processing initiatives.
2. Payment Hub & System Integration
• Hands-on experience with Payment Hub/Payment Orchestration platforms, including integration with upstream
and downstream banking/payment systems.
• Strong understanding of payment system integrations, API/service-based architectures, message
routing/orchestration, and collaboration with business, operations, product, and technology teams throughout
the implementation lifecycle.
3. Payment Messaging Standards
• Strong knowledge of payment messaging standards, including ISO 20022 (MX) and SWIFT MT message formats,
with experience in message mapping, validation, and transformation.
4. Clearing & Payment Rails
• Proven experience working with clearing schemes and payment rails such as RTGS, ACH, NACH, UPI, NEFT,
FPS, SEPA, or equivalent regional clearing systems.
5. Business Analysis & Delivery
• Proven experience in requirements gathering, business process analysis, solution design, testing, and
stakeholder management for payments implementation and transformation programs.
• Experience in defining functional requirements, business rules, message flows, exception handling,
reconciliation processes, and integration specifications for payment systems.
Preferred Skills
• Experience with payment hub products such as Finastra, FIS, Volante, Temenos, Fiserv, ACI, or similar payment
processing platforms

About the Company

Capco

Advises banks, insurers and energy companies

Capco advises banks, payment companies, insurers, asset managers, and energy firms on strategy, regulation, and technology, and unlike generalist consultancies it sticks to finance and energy. In 2021, Capco became the largest acquisition in the history of Indian IT services company Wipro, which bought it to expand its consulting for banks. Clients hire Capco teams to redesign operations, comply with regulations, modernize payment and trading systems, and adopt AI under strict risk controls, while its engineers build the software behind those changes. Clients pay for consultants' time or a fixed project price, and Capco staff often work on site with client teams. Capco was founded in Belgium in 1998 and is based in London.

Company size: 5,001-10,000
Company stage: Acquired
Total funding: $80M
Headquarters: London, United Kingdom
Founded: 1998

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