Business Analyst SEPA & Instant Payments

Contribute to Payment Transformation in Europe

Do you want to contribute to the transformation of payments in Europe? Join an innovative team and participate in the implementation of SCT Inst instant payments, at the heart of regulatory and technological developments.

Cognizant is a global leader in technology services, recognized for its ability to modernize technologies, reinvent processes, and transform experiences. The company has over 350,000 employees worldwide and has been supporting many major organizations for over 30 years, including more than 340 banks globally, among which are the Top 10 European banks.

How Cognizant Helps Banking Players

• Modernize their banking systems and applications,
• Rethink their operational models,
• Support digital transformation in areas such as payments, regulatory compliance, core banking, asset management, investment banking, or risk & compliance.

To:

• Accelerate innovation,
• Comply with regulatory requirements,
• Fully leverage their data,
• Sustainably reduce operational costs,
• Meet new customer expectations and market disruptions.

Your Role as Business Analyst SEPA & Instant Payments

As a Business Analyst SEPA & Instant Payments, you will contribute to the evolution and optimization of the instant payment engine for a major international banking group. You will play a key role in integrating requirements related to the new SCT Inst regulation (IPR) while collaborating closely with technical and functional teams.

You will join a specialized team dedicated to the payments domain and will interact with multiple stakeholders within the organization.

Key Responsibilities

• Analyze and document functional needs related to SCT Instant Payments.
• Write clear and structured functional specifications.
• Facilitate workshops with business and technical teams.
• Participate in the design of solutions adapted to expressed needs.
• Contribute to the preparation and execution of test plans.

Work Model

This position includes teleworking, as well as a client site presence of 2 days/week.

Regardless of the work model, you will benefit from an environment conducive to a good work-life balance, supported by our well-being initiatives.

Skills & Experience

• A solid understanding of real-time or high-volume payment systems, particularly SEPA and Instant Payments.
• Over 5 years of experience in functional analysis within a banking or financial environment.
• Prior experience on regulatory compliance projects related to payments.
• Ability to work with multidisciplinary teams.
• Proficiency in English.
• Mastery of specification tools or testing methodologies.

What We Are Looking For Above All

We are enthusiastic about meeting motivated candidates capable of creating value in various ways. Even if you don't check all the boxes, don't hesitate to apply — your transferable skills and approach can make the difference.

Key skills/competency

• SEPA Instant Payments
• SCT Inst Regulation
• Functional Analysis
• Banking Systems
• Regulatory Compliance
• Real-time Payments
• Stakeholder Management
• Test Plan Execution
• Specification Writing
• Digital Transformation