Payments Business Analyst
NTT DATA North America · New York, NY
- On site
- Full-time
- $170,000 / year
- New York, NY
Job highlights
- Analyze payment system requirements.
- Focus on cross-border and RTP.
- Translate needs into functional specs.
- Collaborate with product and tech.
- Support full project lifecycle.
About the role
Payments Business Analyst
NTT DATA strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now.
We are currently seeking a Payments Business Analyst to join our team in, or a commutable distance from New York City, New York (US-NY), United States (US).
Job Summary
We are seeking a Business Analyst (BA) with at least 8 years of BA experience and strong domain expertise in Payments over the last 4 years, specifically in cross-border payments and domestic real-time payments (RTP). The ideal candidate will be skilled in translating business needs into clear, detailed functional requirements and working closely with stakeholders across product, technology, and operations teams. Experience with ACH payment systems is highly regarded.
Key Responsibilities
- Gather, analyze, and document business and functional requirements for payment-related initiatives
- Work closely with stakeholders to understand needs in cross-border payments and domestic RTP systems
- Translate business requirements into detailed functional specifications, user stories, and process flows
- Collaborate with technology teams to ensure accurate implementation of requirements
- Support end-to-end project lifecycle, including requirement validation, testing, and deployment
- Conduct gap analysis and propose solutions aligned with business objectives
- Ensure compliance with regulatory and industry standards in payments
- Facilitate workshops, stakeholder meetings, and requirement review sessions
Key Required Skills
- 8+ years of experience in Business Analysis and Requirements Gathering
- The most recent 4 years of experience must be in the Payments domain.
- Understanding of Process Modeling (e.g., BPMN, flow diagrams)
- Strong knowledge of cross-border payments and domestic real-time payment (RTP) systems
- Expertise in writing clear and detailed functional requirements and documentation
- Experience working with stakeholders across business and technology teams
- Strong analytical, problem-solving, and communication skills
- Familiarity with Agile and/or hybrid delivery methodologies
Basic Qualifications
- 8+ years of experience as a Business Analyst
- 4+ recent years of Business Analyst experience in the Payments domain
- 4+ Functional Documentation (such as User stories, BRD and FRD could be acceptable) experience
- 4+ Stakeholder Management experience
- 3+ years of demonstrated knowledge of cross-border payments and domestic real-time payment (RTP) systems
Highly Preferred Qualifications
- Experience with ACH (Automated Clearing House) payment systems
- Understanding of payment networks, messaging standards (e.g., ISO 20022, SWIFT), and settlement processes
- Exposure to regulatory and compliance frameworks in payments
About NTT DATA
NTT DATA is a $30 billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world's leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and Industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 50 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is a part of NTT Group, which invests over $3 billion each year in R&D.
Compensation and Benefits
Where required by law, NTT DATA provides a reasonable range of compensation for specific roles. The starting pay range for this hybrid role is $128,000-$170,000. This range reflects the minimum and maximum target compensation for the position in the New York City area. Actual compensation will depend on a number of factors, including the candidate’s actual work location, relevant experience, technical skills, and other qualifications. This position may also be eligible for incentive compensation based on individual and/or company performance. This position is eligible for company benefits including medical, dental, and vision insurance with an employer contribution, flexible spending or health savings account, life and AD&D insurance, short and long term disability coverage, paid time off, employee assistance, participation in a 401k program with company match, and additional voluntary or legally-required benefits.
Work Arrangement and Company Culture
Whenever possible, we hire locally to NTT DATA offices or client sites. This ensures we can provide timely and effective support tailored to each client’s needs. While many positions offer remote or hybrid work options, these arrangements are subject to change based on client requirements. For employees near an NTT DATA office or client site, in-office attendance may be required for meetings or events, depending on business needs. At NTT DATA, we are committed to staying flexible and meeting the evolving needs of both our clients and employees.
Important Information Regarding Recruiters and Applications
NTT DATA recruiters will never ask for payment or banking information and will only use @nttdata.com, @global.nttdata.com and @talent.nttdataservices.com email addresses. If you are requested to provide payment or disclose banking information, please submit a contact us form, https://us.nttdata.com/en/contact-us.
NTT DATA endeavors to make https://us.nttdata.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact us at https://us.nttdata.com/en/contact-us. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. NTT DATA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you'd like more information on your EEO rights under the law, please click here. For Pay Transparency information, please click here.
Key skills/competency
- Payments Business Analyst
- Business Analysis
- Requirements Gathering
- Cross-border Payments
- Real-time Payments (RTP)
- ACH Payments
- Functional Specifications
- Stakeholder Management
- Agile Methodologies
- Process Modeling
Skills & topics
- Payments Business Analyst
- Business Analysis
- Requirements Gathering
- Cross-border Payments
- Real-time Payments
- RTP
- ACH Payments
- Functional Specifications
- Stakeholder Management
- Agile
- NTT DATA
- New York City
How to get hired
- Tailor your resume: Highlight 8+ years of BA experience and 4+ years in payments, specifically cross-border and RTP systems.
- Showcase skills: Detail your experience in requirements gathering, process modeling (BPMN), and functional documentation (user stories, BRD, FRD).
- Emphasize collaboration: Provide examples of stakeholder management and cross-functional team collaboration in past payment projects.
- Prepare for interviews: Be ready to discuss your understanding of ACH, ISO 20022, SWIFT, and regulatory frameworks.
- Research NTT DATA: Understand their focus on innovation, digital transformation, and client success in the tech services industry.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the expected experience for a Payments Business Analyst at NTT DATA?
- For the Payments Business Analyst role at NTT DATA, you should have at least 8 years of overall Business Analyst experience, with a minimum of 4 recent years specifically within the Payments domain. Experience with cross-border payments and domestic real-time payments (RTP) is crucial. Familiarity with ACH payment systems is also highly preferred.
- What specific payment systems knowledge is required for this role?
- NTT DATA is looking for a Payments Business Analyst with strong knowledge of cross-border payments and domestic real-time payment (RTP) systems. Experience with ACH (Automated Clearing House) payment systems is highly preferred. Additionally, understanding payment networks, messaging standards like ISO 20022 and SWIFT, and settlement processes is beneficial.
- What does 'translating business needs into requirements' mean for this role?
- For the Payments Business Analyst position, translating business needs means taking the high-level objectives and requirements from stakeholders and converting them into detailed functional specifications, user stories, and process flows that technology and product teams can use to build and implement solutions. This ensures the final product accurately addresses the initial business goals.
- How important is stakeholder management for this Payments Business Analyst position?
- Stakeholder management is a key requirement for this Payments Business Analyst role at NTT DATA. You will be expected to work closely with various stakeholders across product, technology, and operations teams to understand their needs, gather requirements, and ensure the accurate implementation of solutions. Demonstrating strong communication and collaboration skills in this area is vital.
- What are the preferred qualifications for a Payments Business Analyst at NTT DATA?
- Highly preferred qualifications for this Payments Business Analyst role include experience with ACH payment systems, a solid understanding of payment networks, messaging standards (like ISO 20022, SWIFT), and settlement processes, as well as exposure to regulatory and compliance frameworks within the payments industry.
- What is the work arrangement and compensation for the Payments Business Analyst role?
- This Payments Business Analyst role is a hybrid position based in or near New York City, NY. The compensation range is $128,000 to $170,000 annually, with actual pay dependent on experience and qualifications. NTT DATA also offers a comprehensive benefits package.