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For Companies At a Glance
- Tasks: Join our agile team to shape payment solutions and manage product features.
- Company: Be part of a forward-thinking Payments Banking team focused on innovation.
- Benefits: Enjoy career development programmes and flexible working options.
- Why this job: Make an impact in the payments domain while collaborating with diverse teams.
- Qualifications: Experience in business analysis within payments and strong analytical skills required.
- Other info: Familiarity with UK interbank payments and API practices is a plus.
The predicted salary is between 48000 - 72000 £ per year.
Join us as a Senior Business Analyst (Payments). This is an opportunity to join our Payments Banking team and help shape the future of our Banking & Payments Platform, ensuring we deliver scalable, reusable and compliant solutions for our customers. It’s a chance to take advantage of our development programmes and advance your career.
What you'll do
- In your new role, you’ll join our agile product team and own products in our payments domain.
- Work with the Product Owner for your business area to find the best solutions.
- Conduct user research and collaborate with cross-functional stakeholders.
- Build the best overall picture for your assigned product features and be the go-to person for information and updates on your product features.
- Prioritise the squad backlog in consultation with engineers and the Product Owner.
- Define Epics and break them down into detailed user stories and feature specifications in JIRA for the team to pick up and build (story, acceptance criteria and scenarios).
- Work closely with Finance stakeholders to ensure that our payments domain remains accurate and any new features are successfully integrated into Boxed’s accounting model.
The skills you'll need
- You’ll need previous experience in business analysis roles working in the payments space and working knowledge of UK interbank payments (e.g. Faster payments, BACs) and card payments and schemes (e.g. VISA & Mastercard).
- You’ll have excellent structured analytical skills with the ability to document requirements for complex and vast systems in a logical and understandable manner.
- You’ll also need excellent stakeholder management skills working across the product and engineering organisation with a wide set of teams.
- Strong understanding of good practice in the API space across specifications, operations and API schema design.
- Ability to write user stories for developers with clear and testable acceptance criteria.
- High attention to detail including proven ability to manage multiple, competing priorities.
- Relevant experience in some of the following areas: Software-as-a-Service (SaaS), Embedded Finance, Banking-as-a-Service (BaaS), cloud native technologies would be highly desirable.
Senior Business Analyst - Payments employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Analyst - Payments
✨Tip Number 1
Familiarise yourself with the latest trends in payments technology, especially in the UK interbank payments space. Understanding how Faster Payments and card schemes like VISA and Mastercard operate will give you an edge during discussions with our team.
✨Tip Number 2
Brush up on your skills in JIRA, as you'll be using it to define Epics and user stories. Being able to demonstrate your proficiency in breaking down complex requirements into manageable tasks will show us that you're ready for the role.
✨Tip Number 3
Network with professionals in the payments industry, particularly those who have experience in SaaS and BaaS. Engaging with others in the field can provide insights and potentially valuable connections that may help you stand out.
✨Tip Number 4
Prepare to discuss your previous experiences in stakeholder management. We value strong collaboration across teams, so being able to share specific examples of how you've successfully worked with diverse groups will be crucial.
We think you need these skills to ace Senior Business Analyst - Payments
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in business analysis, particularly in the payments space. Emphasise your knowledge of UK interbank payments and any relevant projects you've worked on.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the payments domain and your analytical skills. Mention specific examples of how you've successfully managed stakeholder relationships and prioritised backlogs in previous roles.
Highlight Relevant Skills: In your application, clearly outline your structured analytical skills and your ability to document complex requirements. Include your experience with JIRA and writing user stories with testable acceptance criteria.
Showcase Continuous Learning: Mention any development programmes or training you've undertaken related to payments, SaaS, or cloud technologies. This demonstrates your commitment to advancing your career and staying updated in the field.
How to prepare for a job interview at NatWest Group
✨Know Your Payments Landscape
Make sure you brush up on your knowledge of UK interbank payments and card schemes like VISA and Mastercard. Being able to discuss these topics confidently will show that you understand the industry and can contribute effectively.
✨Showcase Your Analytical Skills
Prepare examples from your previous roles where you've demonstrated structured analytical skills. Be ready to explain how you documented complex requirements and how that contributed to successful project outcomes.
✨Highlight Stakeholder Management Experience
Think of specific instances where you've successfully managed stakeholders across different teams. Discuss how you navigated competing priorities and ensured everyone was aligned, as this is crucial for the role.
✨Familiarise Yourself with Agile Methodologies
Since you'll be joining an agile product team, it’s important to understand agile principles. Be prepared to discuss how you've worked in agile environments before and how you prioritised backlogs or defined user stories.
