Business Analyst, Transaction Banking, Payments Engineering

What We Do

At Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment. Want to push the limit of digital possibilities? Start here.

Transaction Banking (TxB) aims to bring innovative solutions to traditional banking and lending activities. We are a global team of lenders, investors, risk managers, skilled marketers, web experts and banking specialists. We provide a suite of solutions to help our customers meet their financial goals. We make direct investments in and manage risk for a portfolio of corporate loans and securities. We help transform distressed communities through investments and loans of private capital.

Within TxB, our Payments team is at the heart of what we are doing in Corporate Cash Management and our mission is to build a market-leading payment platform that meets our corporate client's needs. We are starting with a clean slate and one singular goal in mind: build a highly scalable, resilient, 24x7 available cloud-based payment platform that our corporate clients can run rely on to run and grow their businesses.

Who We Look For

As a Payments Business Analyst, you will play a pivotal role in bridging the gap between our product management and development teams. You will be responsible for gathering, analyzing, and documenting business and functional requirements for our payment solutions, ensuring that these are clearly translated into actionable user stories for engineering teams.

Your deep understanding of the payments landscape-particularly in payment rail schemes such as Fedwire, FEDACH, RTP, CHAPS, CHIPS, or experience with batch, RTGS, or real-time payment schemes-is essential for success in this role.

You will work closely with business stakeholders, operations, and clients to elicit detailed requirements, map processes, and identify opportunities for improvement and automation.

Collaborating with engineering, you'll ensure that requirements are well understood, feasible, and prioritized within the product backlog. You will also be actively involved in User Acceptance Testing (UAT), validating that new features meet business needs and regulatory requirements, and supporting the rollout and adoption of these features by interfacing with both internal teams and external vendors or clients.

A strong analytical mindset and experience in writing clear and concise use cases and user stories are critical. You will support the definition and tracking of key performance indicators (KPIs), prepare reports for senior leadership on project progress and the competitive landscape, and contribute to continuous process improvements across payment operations.

Your background should include practical experience with Agile methodologies (Scrum or Kanban), strong communication and interpersonal skills, and the ability to operate independently in a fast-paced and dynamic environment.

How You Will Fulfill Your Potential

• Gather, analyze, and document business and functional requirements for payment solutions.
• Translate requirements into clear, actionable user stories for development teams.
• Collaborate with cross-functional teams (product, engineering, operations, and clients) to ensure alignment and prioritization of requirements.
• Act as the primary bridge between product and development teams, clarifying requirements and facilitating communication.
• Support and execute User Acceptance Testing (UAT), ensuring features meet business and regulatory needs.
• Monitor and report on KPIs and project progress to senior leadership.
• Conduct process mapping and recommend improvements for efficiency and automation.
• Stay up to date with payment schemes (e.g., Fedwire, FEDACH, RTP, CHAPS, CHIPS, batch, RTGS, or real-time payments) and relevant regulations.

Basic Qualifications

• Minimum 4 years of relevant professional experience as a business analyst in payments or financial services.
• Demonstrated experience gathering and analyzing requirements, and creating user stories for payment-related products.
• Strong understanding of at least one payment scheme in areas of RTGS, real-time, or low-value payment clearing schemes.
• Proven ability to collaborate with engineering and product teams to deliver complex solutions.
• Comfort working in Agile environments (Scrum/Kanban).
• Excellent communication, facilitation, and interpersonal skills.
• Energetic, self-motivated, and detail-oriented with a strong analytical mindset.

Preferred Qualifications

• Experience with payment operations, including process mapping and automation.
• Familiarity with payment vendor products (e.g., Finastra GPP, Volante, Fircosoft).
• Understanding of payment regulations (PSD2, Open Banking, AML/sanctions).
• Prior experience supporting compliance, audit, or SOX reporting.
• Background in corporate cash management banking or FinTech.

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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