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Sr. Business Transformation Analyst - Treasury Payments Technology

Valley Bank
Posted a month ago, valid for 8 days
Location

Morristown, NJ 07960, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The position requires a Bachelor's Degree in Business, Engineering, Finance, Accounting, or a related field, along with a minimum of 5 years of experience as a business or process analyst in banking or fintech.
  • Responsibilities include documenting business requirements, creating mapping documents, and assessing the impact of changes on existing processes.
  • The role involves collaborating with the Operations production team to develop project acceptance criteria and test scripts, ensuring smooth transitions from implementation to production.
  • Candidates should have hands-on experience with payment workflow integrations and a strong understanding of payment processing, settlements, and compliance in payments.
  • The salary for this position is competitive and commensurate with experience, reflecting the candidate's qualifications and expertise in the field.
Responsibilities include but are not limited to:
  • Document business, functional, and non-functional requirements for current and future state.
  • Create mapping documents and data flow diagrams in relation to projects.
  • Assess the impact of changes on existing organization and business processes and ensure all interdependencies are identified.
  • Work with Operations production team to develop project acceptance criteria and test scripts.
  • Works with Dep Ops Leads to develop and execute test scripts and ensures a smooth transition from implementation to production. Ensures that Deposit Operations (Dep Ops) requirements are documented and incorporated into project deliverables.
  • Manage day-to-day project requirements including ensuring steady progress on own deliverables, following up on open items and facilitating coordination with other departments when necessary.
  • Assist in creating a culture of continuous improvement and business process excellence.
  • Maintain strong, mutually respectful working relationships with internal business partners and external vendors / contractors, while working on complex programs that aim to transform many of the bank's core processing systems.
  • Assist management in the capture, analysis and presentation of data to support business decisions.
  • Collaborate with members of the Central PMO to drive requirements and keep progress on track for multiple work streams within a complex business transformation program.
Qualifications
Required Skills:
  • Hands-on experience with payment workflow integrations, banking APIs, Real-Time Payments (RTP) platforms -- e.g., Zelle/ The Clearing House RTP/ FedNow.
  • Strong understanding of payment processing, settlements, ACH, Wire, and ISO 20022 messaging formats.
  • Knowledge of fraud monitoring, compliance, or risk mitigation in payments.
  • Ability to work with cross-platform teams and excellent communication and stakeholder management skills.
  • Familiarity with Agile/Scrum methodologies and experience with tools like JIRA, Confluence, Visio, or Lucid chart.
  • Ability to exercise initiative, problem identification, problem solving and independent decision making.
  • Demonstrates excellent thinking (analytical and critical) skills and communication (verbal and written) skills.
  • Skilled in MS Office suite including Outlook, Teams, Word, PowerPoint and Excel.
  • Must be able to thrive under pressure, multi-task and manage competing priorities.
Required Experience:
  • Bachelor's Degree in Business, Engineering, Finance, Accounting or related field, and a minimum of 5 years' experience as a business or process analyst in banking or fintech.
Preferred Experience:
  • Previous payments software (example: FIS, Fiserv, Finastra, Finzly, Volante products) implementation experience. Previous experience in the use of Lucid Chart/ Visio to document process flows and in automation testing (Example: API testing through Postman).
  • PMP or Six Sigma Certification.



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