<p>Job#: 3024500</p> <p>Job Description:</p> <p>Position: Sr. Business Analyst - Payments / Cash Management</p> <p>Large Banking Client</p> <p>Location: Remote</p> <p>Duration: 6+ month contract; Strong potential for extension / full time hire</p> <p>Overview</p> <p>Our client in the banking domain is seeking a Sr. Business Analyst - Payments to support the Treasury Product, Commercial lines of business, and broader Cash Management initiatives.</p> <p>The Sr. Business Analyst - Payments will play a critical role in developing and executing payment and cash management strategies in collaboration with the Head of Transaction Banking Product Management, payments partners across several lines of business, and functional teams including IT, Operations, Marketing, Risk, Compliance, and strategic third-party providers.</p> <p>Key Responsibilities</p> <ul> <li>Develop user stories and detailed business requirements for payment platform migration and new product development. </li><li>Partner with the Wire Product Manager and ACH Product Manager to define specifications and deliver the strategic product roadmap. </li><li>Understand and actively manage risks associated with instant payment products. </li><li>Explore emerging payment opportunities, including blockchain, digital assets, and innovative interim solutions. </li><li>Analyze client usage of payment products to identify value drivers and improvement opportunities. </li><li>Collaborate with Marketing to build effective go-to-market programs for new payment products. </li><li>Leverage data analysis and market intelligence to propose new ideas and enhancements. </li><li>Align closely with Client Service & Onboarding to ensure a strong client experience. </li><li>Support testing and validation of new payment workflows and system integrations. </li><li>Document functional specifications and maintain compliance with regulatory standards. </li></ul> <p>Added: Cash Management Responsibilities</p> <ul> <li>Partner with Cash Management, Treasury Services, and Liquidity teams to define requirements for new and enhanced cash management products (e.g., account analysis, sweeps, liquidity structures, lockbox, RDC, merchant services). </li><li>Analyze client cash flow patterns, treasury behaviors, and working capital needs to support new product development and optimization. </li><li>Evaluate and document requirements for improvements to balance and transaction reporting, treasury dashboards, and real-time liquidity visibility. </li><li>Support enhancements to cash concentration structures, automated sweeps, and liquidity management tools. </li><li>Work with Operations to streamline cash posting, exception handling, and receivables processes. </li><li>Assess competitive cash management offerings and market trends to identify gaps and opportunities. </li><li>Partner with Risk and Compliance to ensure cash management products and processes adhere to evolving regulatory standards. </li><li>Build business cases for new Cash Management solutions including revenue forecasting, cost/benefit analysis, and customer impact assessments. </li></ul> <p>Required Experience</p> <ul> <li>7-10 years of Business Analyst experience in Transaction Banking, Payments, or Cash Management-related technology domains. </li><li>Deep understanding of ACH and wire payment systems, including experience with Federal Reserve systems. </li><li>Hands-on experience supporting or integrating Cash Management products (e.g., liquidity, account analysis, receivables/payables solutions). </li><li>Familiarity with EPN (Electronic Payments Network) and PagoNXT platforms (ideal). </li><li>Experience with FIS payment platforms (preferred). </li><li>Strong background in requirements gathering, user story development, and product specification writing. </li><li>Ability to leverage and analyze data to identify market opportunities. </li></ul> <p>Soft Skills</p> <ul> <li>Excellent written and oral communication skills, including the ability to deliver presentations tailored to different audiences. </li><li>Strong stakeholder management and collaboration skills across multiple business lines. </li><li>Ability to learn quickly, work independently, and share knowledge with the team. </li><li>Analytical mindset with strong problem-solving capabilities in a fast-paced environment. </li><li>Experience with blockchain technologies is a plus. </li></ul> <p>Apex Benefits Overview</p> <p>Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a retirement plan (401k or local country equivalent) program. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.</p> <p>EEO Employer</p> <p>Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or 844-463-6178.</p> <p>Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico. Apex uses a virtual recruiter as part of the application process. Click here for more details.</p> <p>Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.</p> <p>Employee Type:</p> <p>Contract</p> <p>Remote:</p> <p>Yes</p> <p>Location:</p> <p>Quincy, MA, US</p> <p>Job Type:</p> <p>Date Posted:</p> <p>March 3, 2026</p> <p>Pay Range:</p> <p>$55 - $75 per hour</p> <p>Similar Jobs</p> <ul> <li>Business Analyst - Business Analyst III </li><li>Business Analyst (Payments) </li><li>Data Management Business Analyst </li><li>Sr Business Analysts </li><li>Sr Web Content Management Analyst </li></ul>