Business Analyst - Payments Testing Focus

Business Analyst – Payments Testing Focus
Location: London
Industry: Investment Banking

We are looking for an experienced Business Analyst with a strong background in payments systems and testing processes to join our team within a leading banking environment. This role is essential to ensuring robust and efficient IT change delivery across payment platforms.

The successful candidate will combine analytical expertise with hands-on testing knowledge to assess and improve end-to-end testing capabilities for payment systems. This includes identifying gaps, enhancing process efficiency, and ensuring all change initiatives are thoroughly validated, traceable, and compliant with regulatory standards.

Key Responsibilities

• End-to-End Testing Analysis: Lead a comprehensive review of existing payment testing processes, identifying gaps and opportunities for improvement across systems and tools.

• Requirements Gathering & Process Mapping: Collaborate with business and IT stakeholders to elicit, document, and map out business and testing requirements aligned to payments change initiatives.

• Test Planning & Traceability: Partner with business and IT testing teams to develop or improve test plans, test scripts, and traceability matrices ensuring coverage from business requirements through to final test cases.

• Data Analysis: Use transaction data and test results to identify trends, uncover issues, and support decision-making related to payment processing improvements.

• Stakeholder Engagement: Serve as a bridge between business units, IT teams, and external vendors to ensure alignment on testing goals, timelines, and quality standards.

• Documentation: Produce clear and detailed artefacts including business requirements, functional specs, process flows, and user guides to support payment testing initiatives.

• Project Support: Assist in project tracking, reporting, and delivery management for changes impacting payment platforms.

• Regulatory Compliance: Ensure all solutions meet relevant industry regulations and standards (e.g., ISO 20022, PSD2).

Key Skills & Experience

• Experience: 3–5 years of experience as a Business Analyst, with at least 2 years focused on testing in banking payments environments.

• Payments Knowledge: Solid understanding of payment systems, including domestic and international payments, clearing and settlement mechanisms, and payment testing strategies.

• Testing Tools & Methodologies: Experience with manual and automated testing practices, testing frameworks, and tools.

• Analytical Mindset: Ability to interpret complex data, spot patterns, and drive improvements in processes and systems.

• Communication: Excellent verbal and written communication skills with the ability to translate technical concepts for business stakeholders.

Preferred Qualifications

• Certifications:

  • Certified Business Analysis Professional (CBAP)

  • ISTQB Certified Tester or equivalent testing qualification

• Domain Experience:

  • Prior experience working in a similar role within a bank or payment processing organisation.