Senior Associate: Business Analyst – Payments (SWIFT & Global Plus)
Location: United States (Remote)
About Cognizant
Cognizant (NASDAQ: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating, and technology models for the digital era. With a global footprint across multiple industries, Cognizant helps organizations modernize technology, reimagine processes, and transform experiences to stay ahead in a rapidly changing world.
Our Consulting practice partners with senior leaders at global enterprises to drive strategic transformation programmes across banking, capital markets, payments, and financial services. We combine deep industry expertise with technology-led innovation to deliver measurable business outcomes.
About the Role
We are seeking an experienced Business Analyst – Payments to support large-scale transformation initiatives within global banking and payments ecosystems. The ideal candidate will bring deep expertise in SWIFT messaging (MT/MX, ISO 20022) and hands-on experience working with the Global Payments Plus (GPP / Global Plus) platform.
You will play a key role in analyzing complex payment message flows, ensuring regulatory compliance, and partnering cross-functionally to deliver high-quality, scalable solutions in a fast-paced consulting environment.
Key Responsibilities
- Analyze, document, and validate SWIFT payment message flows, including MT and MX formats within Global Plus implementations
- Perform detailed impact analysis and data mapping to support ISO 20022 migration and structured address requirements
- Collaborate with business, operations, and technology teams to gather and refine requirements
- Translate business requirements into clear functional specifications and process documentation
- Support system testing, validation, and troubleshooting, ensuring accurate payment processing outcomes
- Ensure adherence to regulatory requirements and industry standards, including ISO 20022 compliance
- Communicate effectively with stakeholders on system behavior, message standards, and changes in compliance requirements
Required Qualifications
- 10+ years of experience as a Business Analyst within banking or financial services, with a strong focus on payments
- Deep expertise in SWIFT messaging (MT/MX formats) and ISO 20022 standards
- Hands-on experience with Global Payments Plus (GPP / Global Plus) or similar payments platforms
- Strong understanding of payment processing workflows, settlement processes, and compliance requirements
- Proven ability to perform data mapping, impact assessments, and validation activities
- Experience working in Agile or hybrid delivery environments
- Excellent stakeholder management and communication skills
Preferred Qualifications
- Prior consulting experience working with tier-1 banks or large financial institutions
- Exposure to payment modernization or ISO 20022 migration program
- Familiarity with end-to-end payments lifecycle (wire, cross-border, clearing systems, etc.)
Work Mode
This role is Remote (USA-based). Candidates must be authorized to work in the United States without employer sponsorship, now or in the future.
Compensation
The annual salary for this position is expected to be between $86,000 USD - $101,000 USD, depending on experience, qualifications, and location. This role may also be eligible for performance-based incentives and bonuses.
Benefits
- Comprehensive health, dental, and vision coverage
- Retirement savings plans with employer contributions
- Paid time off, including vacation and holidays
- Employee wellness and assistance programs
- Learning and development opportunities, including certifications and upskilling
- Flexible, remote-first work environment
Equal Opportunity Employer Statement
We are an equal opportunity employer and are committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration without regard to race, color, religion, gender, sexual orientation, national origin, disability, or veteran status.
Application Deadline
Applications for this role will be accepted until 4 July 2026.
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
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.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
