Role Overview
isgSearch is hiring a mid-level Payments SME Business Systems Analyst. This is a full-time role in CA. posted today. applications are still in the early window, before most candidates have applied. Full responsibilities, required qualifications, and the apply link are listed in the description below.
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Job Description
Our client is seeking an experienced Contract Business Systems Analyst (BSA) with deep expertise in payments, ISO 20022, and payments modernization initiatives to support a large-scale transformation program within a financial services environment.
The successful candidate will combine strong business analysis capabilities with in-depth knowledge of payment systems, payment message standards, and payments data. This role requires the ability to bridge business, operations, technology, and data teams while supporting complex payment initiatives involving high-value payments, retail payments, and ISO 20022 migration activities.
Key Responsibilities
- Lead requirements gathering sessions with business, operations, technology, and data stakeholders.
- Develop and maintain business requirements documents (BRDs), functional specifications, user stories, acceptance criteria, and process documentation.
- Perform current-state and future-state process analysis and mapping.
- Conduct gap analysis and support solution design activities.
- Maintain end-to-end traceability of requirements throughout the project lifecycle.
- Collaborate closely with development, architecture, QA, and data teams to ensure successful solution delivery.
- Support payments transformation and modernization initiatives.
- Analyze payment workflows, message formats, integrations, and data flows.
- Participate in testing, validation, and implementation activities.
Required Experience
Business Systems Analysis
- Extensive experience as a Business Systems Analyst within financial services environments.
- Strong requirements elicitation, documentation, and stakeholder management skills.
- Experience developing:
- Business Requirements Documents (BRDs)
- Functional Specifications
- User Stories
- Acceptance Criteria
- Process Maps
- Strong experience facilitating discussions between business stakeholders and technical teams.
High-Value Payments
Working knowledge of high-value payment systems and settlement processes, including:
- Lynx
- LVTS
- SWIFT correspondent banking payments
- Real-Time Gross Settlement (RTGS) concepts
- Payment settlement and liquidity management
- Payment message and transaction lifecycle flows
Experience with international payment systems is considered an asset, including:
- Fedwire
- CHAPS
- TARGET2
Canadian Payments
Experience with Canadian payment ecosystems including:
- Interac e-Transfer
- ACSS
- Retail payment processing
- Real-Time Rail (RTR) concepts
- Understanding of the differences between retail and high-value payment processing models
ISO 20022 Expertise (Critical Requirement)
Candidates must demonstrate strong hands-on experience with ISO 20022 payment messaging standards, including:
Message Families
- pacs (Payments Clearing & Settlement)
- pain (Customer Initiated Payments)
- camt (Cash Management & Reporting)
Data Expertise
- Structured party information
- Legal Entity Identifiers (LEIs)
- Purpose codes
- Structured remittance information
- Agent and account identification
- Data quality management
- Message enrichment and transformation
- Truncation handling
- MT-to-MX migration initiatives
Experience supporting data mapping, data lineage, and message transformation activities is highly desirable.
Payments Data Experience
- Payments data models and data structures
- Data mapping and transformation
- Validation and reconciliation processes
- Data quality controls
- Reporting and analytics on payment flows
- Integration and interface analysis
Preferred Qualifications
- Experience supporting ISO 20022 migration programs.
- Experience working with Payments Canada initiatives.
- Experience within large financial institutions.
- Exposure to payment hub implementations or modernization programs.
- Experience supporting Agile delivery teams.
- Familiarity with API-based payment architectures.
Ideal Candidate
The successful candidate will be a strong Business Systems Analyst with a deep understanding of payments and payment data. You will be comfortable discussing business requirements with stakeholders while also engaging technical teams on message formats, integrations, data mapping, and payment processing workflows.
Candidates with hands-on ISO 20022 migration experience, particularly those who have worked on MT-to-MX transformations and payments data initiatives, will be highly regarded.
isgSearch does not use artificial intelligence throughout the hiring process.
Frequently Asked Questions
How do I apply for the Payments SME Business Systems Analyst position at isgSearch?
Use the Apply button above to submit your application directly to isgSearch. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.
Where is the Payments SME Business Systems Analyst position at isgSearch located?
This position is based in CA. isgSearch has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.
What does a Payments SME Business Systems Analyst at isgSearch earn?
isgSearch has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.
When was the Payments SME Business Systems Analyst role at isgSearch posted?
This role was posted on June 15, 2026 (today). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.
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