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19 Aug 2023

Full-Time Information Technology Business Analyst with Banking & Payments Domain Experience

careers@cogency.net – Posted by careers@cogency.net Toronto, Ontario, Canada

Job Description

Job Details: Information Technology Business Analyst with Banking & Payments Domain Experience

Work Location: Toronto

Hourly rate/hours per week: 37.5 Hours per week; $42/hour

Full-time or Part-Time: Full-time

Shift (Day/Morning; Evening): Day, Morning

Start date: October 02, 2023

Number of Vacancies: 1

Workplace: Onsite

Benefits:

  • Health Benefits: Health Care Plan; Dental Plan

Requirements:

Language: English

Education: Bachelor’s degree in business, Finance, Computer Science, or a related field

Experience: 2+ years of experience in payments, financial analysis, or business analysis within the fintech or financial services industry

Specialization/Other qualifications:

  • Strong understanding of payment systems, processors, and associated technologies
  • MT, MX files System experience
  • SWIFT, Fedwire, ISO20022, RTGS, Clearing & Settlements, Interac Payment system, EFT, Bill Payments, ACH & others.
  • Payment products –Dovetail (EPP), Global Payplus, ACI worldwide & FTM suite, Fiserv EPP & UFP
  • Channels/Payment injectors, Payment processing engines for International, CHAPS, BACS schemes, Payment Sanctions & Gateway Units
  • Proficiency in data analysis tools (e.g., Excel, SQL) to manipulate, analyze, and visualize data effectively
  • Work collaboratively in a fast-paced, agile environment

Responsibilities:

As an Information Technology (IT) Business Analyst for Banking and Payments at Cogency Inc., you will play a pivotal role in understanding, analyzing, and improving our payment systems and processes. You will collaborate closely with cross-functional teams, including product managers, developers, and stakeholders, to identify opportunities for enhancement, drive efficiency, and ensure compliance with industry regulations.

  • Act as the primary point of contact with clients to identify and document requirements for payment-related inquiries during client engagements
  • Analyze payments systems processes identifying pain points, and bottlenecks, and propose customized solutions to improve performance and efficiency.
  • Design, develop, integrate, test and implement information systems business solutions together with internal teams to gather requirements, translate business needs into functional specifications, and contribute to the development of innovative payment solutions.
  • Conduct and participate in testing and quality assurance of payment features to ensure the reliability, accuracy, and functionality of system changes and enhancements for error-free functionality.
  • Work closely with compliance teams to provide advice on information systems strategy, policy, management, security and service delivery to ensure that payment systems adhere to relevant industry regulations and standards.
  • Act as a liaison between business units, technology teams, and support teams.
  • Monitor industry trends, emerging technologies, and best practices in payments to inform business strategies.
  • Produce comprehensive reports, presentations, and documentation to communicate.

Other Information:

Why Join Us:

  • Opportunity to work at the forefront of fintech innovation, contributing to the evolution of payment systems.
  • Collaborative and inclusive work environment that encourages personal and professional growth.
  • Competitive compensation package, including benefits and opportunities for career advancement.
  • Access to cutting-edge technologies and tools to drive your analytical work.

Cogency Inc is an equal-opportunity employer. We welcome and encourage applications from candidates of all backgrounds and experiences.

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How to Apply

If you're ready to take on an exciting challenge in the world of payments and make a meaningful impact, we'd love to hear from you. Apply now by sending your resume and a cover letter detailing your relevant experience and why you're the perfect fit for this role to careers@cogency.net

Job Categories: Equal Opportunities. Job Types: Full-Time. Salaries: 80,000 - 100,000.

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