Business Analyst - Cloud Modernization (Banking & Payments)

About Client:The client provides information technology (IT) services, including business outsourcing, infrastructure technology, and application services. The application service offered by the company includes application development, maintenance, and support. The markets served by the company are financial services and insurance, healthcare, manufacturing, government, transportation, communications, and consumer and retail industries.Rate Range: $50-$55/HrJob Description:Key Responsibilities Requirements Gathering & Analysis Collaborate with stakeholders to elicit, document, and validate business and technical requirements for cloud migration and modernization of banking and payment platforms. Analyze current-state processes, identify pain points, and define to-be workflows leveraging cloud-native capabilities. Translate business needs into functional and non-functional specifications for cloud-based solutions.Process Mapping & Solution Design: Create detailed process flows, business models, and user stories for payment and banking operations. Support the design of integration points between legacy systems and new cloud platforms, ensuring seamless transition and minimal business disruption.Compliance & Regulatory Alignment: Ensure all solutions comply with relevant banking regulations (e.g., AML, GDPR, PCI DSS) and payment standards (e.g., ISO 20022, SWIFT, SEPA, RTGS). Prepare documentation and support audits as required.Stakeholder Management: Serve as a liaison between business, IT, and third-party vendors, ensuring clear communication and alignment throughout the project lifecycle. Conduct workshops, demos, and walkthroughs with stakeholders to validate requirements and solutions.Testing & Implementation Support: Develop test cases, support User Acceptance Testing (UAT), and validate that cloud-based solutions meet business expectations and regulatory standards. Track and resolve issues identified during testing and post-implementation.Documentation & Reporting: Maintain comprehensive documentation, including business requirements, functional specifications, process flows, and change logs. Work closely with PO in the Discovery workshops to define outcomes Identify Pain Points and Gap Analysis Create RFP Document & Evaluation Criteria Manage RFP process with vendors Prepare Vendor Comparison Scorecard Final Recommendation & Roadmap Provide regular updates to project leadership on progress, risks, and mitigation strategies.Required Skills & ExperienceExperience: 5+ years as a Business Analyst in banking, payments, or financial services, with at least 2 years on cloud migration or modernization projects. Hands-on experience with payment systems (e.g., ISO 20022, SWIFT, SEPA, FPS, RTGS) and real-time/instant payments.Technical Skills: Strong understanding of cloud concepts (e.g., SaaS, PaaS, IaaS) and modern cloud architectures. Proficiency in process modeling tools (e.g., Visio, UML), requirements management, and agile methodologies (Scrum/Kanban). Familiarity with data migration, integration patterns, and cloud-native services. Analytical & Communication Skills: Excellent analytical, problem-solving, and documentation skills. Ability to communicate complex concepts to both technical and non-technical audiences. Strong stakeholder management and facilitation skills.Education: Bachelor's degree in Business, Computer Science, Information Systems, or related field.Preferred Qualifications Experience with large-scale core banking or payment system transformations. Knowledge of DevOps and CI/CD practices in cloud environments. Certifications in Business Analysis (CBAP, CCBA) or cloud platforms (AWS, Azure, GCP).Key Attributes Proactive, detail-oriented, and results-driven. Adaptable to fast-paced, cross-functional project environments. Passion for leveraging technology to drive business transformation in banking and payments.About ApTask:ApTask is a leading global provider of workforce solutions and talent acquisition services, dedicated to shaping the future of work. As an African American-owned and Veteran-certified company, ApTask offers a comprehensive suite of services, including staffing and recruitment solutions, managed services, IT consulting, and project management. With a focus on excellence, collaboration, and innovation, ApTask provides unparalleled opportunities for professional growth and development. As a member of the ApTask team, you will have the chance to connect businesses with top-tier professionals, optimize workforce performance, and drive success across diverse industries. Join us at ApTask and be part of our mission to empower organizations to thrive while fostering a diverse and inclusive work environment.Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.Candidate Data Collection Disclaimer:At ApTask, we prioritize safeguarding your privacy. As part of our recruitment process, certain Personally Identifiable Information (PII) may be requested by our clients for verification and application purposes. Rest assured, we strictly adhere to confidentiality standards and comply with all relevant data protection laws. Please note that we only collect the necessary information as specified by each client and do not request sensitive details during the initial stages of recruitment.If you have any concerns or queries about your personal information, please feel free to contact our compliance team at businessexcellence@aptask.com .Applicant Consent:By submitting your application, you agree to ApTask's (www.aptask.com) Terms of Use and Privacy Policy , and provide your consent to receive SMS and voice call communications regarding employment opportunities that match your resume and qualifications. You understand that your personal information will be used solely for recruitment purposes and that you can withdraw your consent at any time by contacting us at 732-355-8000 or help@aptask.com. Message frequency may vary. Msg & data rates may apply.