Senior Business Analyst SEPA

Senior Business Analyst – Payments & Digital Channels

Location: Spain | Hybrid Model
Company: Virtusa

About Virtusa

Virtusa is a global IT consulting and engineering-first company that partners with leading banks and financial institutions to deliver large-scale digital transformation. Known for its collaborative culture, strong work–life balance, and focus on innovation, Virtusa empowers professionals to work on complex, high-impact programs while continuing to grow their careers.

About the Role

This is a unique opportunity to join a high-impact transformation team driving large-scale digital and payments modernization initiatives for Tier-1 global corporate banks.

We are looking for a Senior Business Analyst with deep expertise in digital banking channels, international payments, corporate cash management, and payment integration frameworks such as ISO 20022, CBPR+, SWIFT, and SEPA.

You will work closely with multinational corporates, internal product teams, IT architects, and payment operations to design, document, and support mission-critical payment integration solutions.

This is a strategic role for a results-driven professional who enjoys leading complex initiatives, mentoring junior analysts, and acting as a bridge between business and technology.

Key Responsibilities

Act as Senior Business Analyst for large-scale payment transformation and integration programs

Lead functional analysis for integrations using ISO 20022 (pain.001, pain.008, pain.002, camt.052/053/054), MT101, MT199, APIs, and H2H models

Gather, validate, and translate business requirements into functional specifications

Define and execute UAT strategies, test cases, and defect management

Collaborate with IT, architecture, payments operations, and compliance teams

Lead workshops with senior stakeholders and external partners

Support change management and training initiatives

Mentor junior analysts and represent BA in steering committees

Must-Have Qualifications

7+ years of experience in Financial Services

4+ years focused on international payments, corporate cash management, or treasury systems

Strong hands-on experience with ISO 20022, CBPR+, SWIFT MTs, and SEPA

Knowledge of bank connectivity models: API, H2H, SFTP

Experience with ISO 20022 migration programs

Familiarity with PSD2, TARGET2, T2S

Agile experience (JIRA, Confluence)

Fluent English & Spanish

Nice to Have

Business process modeling and data mapping

Experience writing BRDs, FSDs, user stories, DDRs

Tools: ServiceNow, Postman, Oracle, AI tools

Certifications: SAFe, CBAP, PMP, ITIL, SWIFT

What Virtusa Offers

Work on cutting-edge global banking transformation programs

Collaborative, inclusive, and engineering-driven culture

Strong focus on work–life balance

Hybrid working model

Career growth, learning, and leadership opportunities

About Virtusa

Teamwork, quality of life, professional and personal development: values that Virtusa is proud to embody. When you join us, you join a team of 27,000 people globally that cares about your growth — one that seeks to provide you with exciting projects, opportunities and work with state of the art technologies throughout your career with us.

Great minds, great potential: it all comes together at Virtusa. We value collaboration and the team environment of our company, and seek to provide great minds with a dynamic place to nurture new ideas and foster excellence.

Virtusa was founded on principles of equal opportunity for all, and so does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.