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Solutions Analyst (Commercial Payments)

Indsafri India Private Limited

Job Description

  • Gather, document, and analyze business and client requirements related to commercial payment solutions.
  • Translate business requirements into functional and technical specifications.
  • Work closely with product managers, technology teams, and operations to define payment solution capabilities.
  • Conduct process analysis and mapping to improve payment workflows and operational efficiency.
  • Support the development of business cases and solution proposals for new payment products or enhancements.
2. Payment Solution Design & Implementation
  • Assist in designing commercial payment solutions for corporate clients including:
  • Bulk payments
  • Electronic Funds Transfer (EFT)
  • Real-time payments
  • Corporate online banking integrations
  • Support implementation of payment integrations with client ERP systems.
  • Work with development teams to ensure solutions meet technical, regulatory, and business requirements.
  • Provide input into solution architecture and system design.
3. Stakeholder Engagement
  • Serve as a liaison between business units, technology teams, and external vendors.
  • Engage with corporate clients to understand payment needs and technical integration requirements.
  • Provide solution guidance and support during onboarding of new clients or payment products.
  • Collaborate with product, compliance, and risk teams to ensure payment solutions meet regulatory standards.
4. Testing & Implementation Support
  • Develop test cases and test scenarios for payment solutions.
  • Participate in User Acceptance Testing (UAT) and system validation.
  • Support the implementation and rollout of new payment features and products.
  • Identify and resolve solution issues during testing and deployment.
  • Monitor performance and effectiveness of commercial payment solutions.
  • Analyze system data and client feedback to recommend improvements or enhancements.
  • Document solution architecture, process flows, and technical specifications.
  • Stay updated on industry trends, payment technologies, and regulatory developments.
Required Qualifications
  • Bachelor's Degree in:
  • Information Technology
  • Computer Science
  • Finance
  • Business Information Systems
  • Banking or related field
  • Certifications in Payments, Business Analysis, or Financial Technology are advantageous.
Experience
  • 3-6 years experience in:
  • Banking payments
  • Payment systems
  • Business or solutions analysis
  • Fintech or financial services technology
  • Experience working with commercial banking or corporate payment platforms is preferred.
Technical Knowledge
  • Understanding of payment systems and banking infrastructure
  • Knowledge of EFT, SWIFT, RTGS, and real-time payment systems
  • Experience with API integrations and payment gateways
  • Familiarity with ERP integrations (SAP, Oracle, etc.)
  • Understanding of data analysis and system documentation
  • Knowledge of SQL or data query tools is advantageous
  • Strong analytical and problem-solving skills
  • Excellent stakeholder engagement and communication
  • Ability to translate business requirements into technical solutions
  • Strong documentation and process mapping skills
  • Ability to work in cross functional teams
Key Performance Indicators (KPIs)
  • Successful delivery of payment solutions and integrations
  • Accuracy and completeness of requirements documentation
  • Efficiency of solution implementation timelines
  • Stakeholder and client satisfaction
  • Reduction in payment system errors and operational issues

About This Role

Career insights for Budget Analysts positions

Salary Benchmark
R46,920/month
R29,450 to R68,616/month
Source: WageIndicator ZAR data
Key Skills for This Role
Critical Thinking Mathematics Active Listening Complex Problem Solving Judgment and Decision Making
Common Technologies
Microsoft Access Microsoft Analysis Services Relational database software Microsoft PowerPoint SAP BusinessObjects Business Intelligence Microsoft Dynamics 365 Business Central Oracle Enterprise Performance Management Cloud Revelwood

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