Senior Business Analyst
Infosys is seeking a meticulous and strategic Business Analyst with deep expertise in foreign exchange (FX) processing, internal (on-us) payments processing, and cross-border FX payments, along with understanding of PayPlus or similar secure payment-processing solutions. You will be an expert contributor across all phases of the consulting lifecycle, including business process consulting, problem definition, solution design, configuration, and deployment.
In this role, you will collaborate closely with payment operations, FX trading & settlements, treasury, compliance, and technology teams to enhance, optimize, and modernize FX and payment workflows across U.S. and Canadian banking environments. You will also play a critical role in documenting requirements, shaping solution architecture, and driving operational improvements across secure payment-processing platforms.
Required Qualifications
- Candidate must be located within commuting distance of Mississauga or be willing to relocate to the area. This position may require travel.
- Bachelor's degree or foreign equivalent required from an accredited institution.
- At least 8 years of Information Technology experience.
- Candidates authorized to work for any employer in Canada without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time.
- Strong, demonstrable experience in:
- Foreign exchange (FX) processing, confirmations, settlement instructions, and exception management.
- Internal (on-us/intrabank) payments processing, including posting logic, real-time and batch intrabank movement, and related controls.
- Cross-border FX payments, including SWIFT MT/MX flows, correspondent banking relationships, FX conversion, and regional settlement practices.
- Understanding of PayPlus (D+H / Finastra) or similar secure payment-processing and FX settlement solutions, such as:
- PayPlus FTS / PayPlus USA
- GPP (Global PAYplus)
- Dovetail / Fiserv
- Other secure high-value or FX-linked payment platforms
- Knowledge of U.S. and Canadian payment systems, including:
- SWIFT
- ISO 20022 payment formats
- Fedwire / CHIPS (U.S.)
- Lynx / ACSS (Canada)
- Experience working with cross-functional business and technology teams.
- Partners with stakeholders across treasury, FX operations, corporate payments, compliance, fraud/risk, and technology teams gather and document business requirements.
- Analyze current-state FX workflows, internal payments processes, and cross-border FX payment flows to identify gaps, inefficiencies, and modernization opportunities.
- Develop Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), process maps, data-flow diagrams, and operating models specifically tailored to FX and secured payment-processing platforms.
- Collaborate with IT and engineering teams to translate business needs into technical solutions for FX settlement engines, SWIFT integration, PayPlus workflows, exception handling, and daily processing cycles.
- Write, refine, and prioritize user stories and acceptance criteria covering:
- Intrabank payment routing and posting
- Cross-border FX settlement, cutoffs, and currency handling
- PayPlus configuration, validation workflows, and message building
- Support project delivery by coordinating UAT cycles, leading requirement-validation sessions, managing defect triage, and driving alignment across stakeholder groups.
- Ensure that platform and processes comply with regulatory obligations, including:
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- AML / sanctions (OFAC, OSFI, FINTRAC, FATF)
- Sanctions screening workflows
- Compliance reporting (e.g., cross-border payment transparency, FX reporting obligations)
Estimated annual compensation range for the candidate based in the below location will be:
Ontario: $ 92004 to $ 105007
Perks and Benefits
Health and Wellness
- Health Insurance
- Life Insurance
- HSA
- Short-Term Disability
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- On-site/Nearby Childcare
Work Flexibility
Office Life and Perks
- Commuter Benefits Program
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Sabbatical
Financial and Retirement
- 401(K)
- Relocation Assistance
Professional Development
- Learning and Development Stipend
Diversity and Inclusion
- Employee Resource Groups (ERG)