We are looking for a Business Analyst/Tester expert in payments to join our client, a private bank in Luxembourg.
Responsibilities
- Act as a trusted advisor to business stakeholders (Payments Operations, Treasury, Compliance, Product teams) on payment processes, system capabilities, and best practices
- Elicit, analyse, and challenge business requirements, ensuring they are aligned with business objectives, market standards, and regulatory frameworks
- Translate business needs into:
- Business Requirement Documents (BRDs)
- Functional specifications
- User stories, process flows, and test scenarios
- Provide subject matter expertise in payments, including:
- SEPA (SCT, SDD, SCT Inst)
- SWIFT (MT & ISO 20022 MX messages)
- Cross-border payments and correspondent banking
- Clearing and settlement mechanisms (TARGET2, TIPS, etc.)
- Analyse end-to-end payment flows (initiation → clearing → settlement → reconciliation) and identify optimisation opportunities
- Perform gap analysis and recommend improvements to existing systems, processes, and operating models
- Work closely with IT teams to ensure accurate implementation of business requirements in payment platforms (e.g., T24, Temenos Payments Hub, Swift systems, etc.)
- Define and execute functional testing activities, including:
- Test strategy and planning
- Test case design and execution
- SIT / UAT coordination
- Defect tracking and resolution
- Validate end-to-end payment scenarios, ensuring compliance with business rules and regulatory obligations
- Support regulatory and compliance initiatives, such as:
- PSD2
- ISO 20022 migration
- AML / sanctions screening impacts on payments
- Facilitate workshops, stakeholder meetings, and user training sessions
- Act as a bridge between business and IT, ensuring clear communication and alignment across teams
Required profile
- 5+ years (ideally 8+) as a Business Analyst and/or Functional Tester within payments or transactional banking
- Strong expertise in payments domain, including SEPA, SWIFT, and international payments
- Hands-on experience with:
- Payment processing workflows
- Payment investigations and reconciliation
- Clearing and settlement schemes
- Experience working with core banking or payment platforms (e.g., Temenos T24, Payment Hubs, SWIFT interfaces, etc.)
- Proven ability to act in a consultative/advisory capacity, influencing business decisions
- Solid experience in functional testing and QA, including:
- Test case creation and execution
- SIT / UAT phases
- Defect management (JIRA, ALM, etc.)
- Understanding of end-to-end testing across payment lifecycles