Business Analyst
IDFC First Bank
Job Requirements
Job Title: Business Analyst - SWIFT
Location: Navi Mumbai - Airoli
Department - Information Technology
Experience: 5 - 10 Years
Job Summary: The primary objective is to shape and deliver strategic initiatives on cross‑border payments, SWIFT MT/MX, and ISO 20022 migration, ensuring business value, compliance, and operational resilience. The role is
typically, senior (5 – 10 years), with responsibility for requirements strategy, scheme/vendor coordination, and senior‑management communication on SWIFT programmes.
Key Responsibilities
- Define and own the SWIFT/ISO 20022 change roadmap: MT–MX migration, new scheme features, cross‑border product enhancements, and integration with fraud/sanctions/compliance systems.
- Lead requirements elicitation anddocumentation (BRD/FRD, user stories, use cases, as‑is/to‑be flows) for SWIFT
MT/MX messages, payment engines, and upstream/downstream systems.
- Own business analysis for SWIFT MT/MX and ISO 20022 initiatives, from discovery through implementation and post‑go‑live stabilization.
- Lead requirement workshops with Operations, Business, Compliance, Risk, Treasury, and IT; produce BRDs/FRDs,
user stories, and end‑to‑end process flows.
- Perform MT–MX mapping and gap analysis, documenting impacts on channels, payment hub, core banking, sanctions/fraud, and reconciliation systems.
- Contribute to solution design with architects and vendors for SWIFT connectivity, payment engines, and downstream integrations.
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