Business Analyst – Payments

Job title: Business Analyst – Payments

Company: MUFG


Job description: About MUFG Global Service (MGS)MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informatJob DescriptionAbout Us:MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Global Service Private Limited:Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific.Job Profile:Business Analyst Lead in Payments DomainPosition details:

• Gather and understand business requirements based on the requirement walk-through / BRD and workshops.
• Hands-on experience in requirements life cycle management in banking and financial domain. Manage the requirements from inception to implementation.
• Perform impact assessment on existing processes/functions based on new requirements/changes.
• Ensure the business requirements, and proposed solutions, achieve the business goals.
• Collaborating with technical SMEs, come up with estimation for the new requirements.
• Work with the product owners to provide grooming sessions for the development team if needed on requirements.
• Build strong relationships / rapport with cross-functional teams and key stakeholders.
• Ability to communicate complex technology concepts to a non-technology audience.
• Be part of the by closely working with Scrum masters and squad members to deliver quality end-to-end solution, including reviewing of other interface functional specifications and external parties specifications.
• Every solution that is designed must be scalable and global in nature.
• Maximize re-usability of solution provided for every requirement.
• Review test scenarios to ensure there is comprehensive coverage by the testing team.
• Perform random functional testing to ensure deliverables are in line with the requirements.
• Work closely with business and country stakeholders for end-to-end system implementation and post-live support.
• Basic SQL knowledge to query databases and familiarity with Oracle DB concepts and GPP Fusion database structure.
• End-to-end working knowledge in Transaction Banking / Payments / Channels areas.
• Working knowledge around Payment schemes SWIFT MT, ISO20022
• Expertise in Payments processing Product – Fundtech/Finastra Global Payplus (GPP) Fusion

Roles and Responsibilities:

• Experience:8 years to 12 years
• Hands on experience with GPP Fusion / GPP SP product processor
• Knowledge of database structure of GPP Classic / Fusion / SP
• Experience with SQL and other data profiling tools and techniques.
• Excellent analytical and problem-solving skills.
• Experience with Office 365 and collaboration tools
• Strong written and verbal communication skills
• Ability to multi-task and be flexible.
• Ability to work independently or within a team for problem resolution.
• Detail-orientated.
• Ability to interface effectively with all levels of the organization.
• Ability to express complex technical concepts in business terms.
• Good to have: knowledge of the Japanese Domestic Clearing system and working.

Job Requirements:

• Minimum of 3 years of experience working as a Business Analyst.
• Minimum of 2 years of experience in GPP-Fusion/GPP-SP project as a Business Analyst.
• Should have worked on ISO20022 related projects for leading financial institutions.

Expected salary:

Location: Bangalore, Karnataka

Job date: Sat, 02 Aug 2025 07:25:16 GMT

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