Business Analyst - Payments Testing Focus
- Location London
- Job type Contract
- Salary £450 - 650 per day
- Discipline Financial Services
- Reference J89694
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.
-