Senior Business Analyst - UK Payments

1 hour, 44 minutes ago
Full-time
Senior
Business Intelligence
Form3

Form3

Form3 revolutionizes payments with a fully managed platform for Financial Institutions as a Service, powering 10% of UK Faster Payments and offering seamless integration across multiple schemes.

Diversified Financial Services
251-1K
Founded 2016
$240M raised

Description

  • Collaborate with product managers, engineering, operations, customers, and scheme bodies to deliver end-to-end payment solutions.
  • Define and validate solutions so product intent is translated into precise, buildable outcomes.
  • Produce high-quality requirements, including user stories, acceptance criteria, process flows, and functional specifications.
  • Translate product vision into actionable requirements for engineering and delivery teams.
  • Act as a subject matter expert for the full UK product suite and provide guidance to internal and external stakeholders.
  • Analyse the impact of product changes across customer, operational, and regulatory dimensions.
  • Develop a strong understanding of end-to-end payments architecture, including scheme interactions, processing flows, and platform dependencies.
  • Track changes in the UK payments landscape and assess their impact on the UK product suite.
  • Identify, assess, and manage functional and non-functional risks, including edge cases and failure scenarios.
  • Ensure requirements and solutions align with scheme rules, regulatory obligations, and industry standards.

Requirements

  • 5–8+ years of experience as a Business Analyst in payments or financial services.
  • Deep knowledge of UK payment schemes and end-to-end payments processing, including FPS and Bacs.
  • Understanding of the current and future UK payments landscape and key trends.
  • Experience translating complex requirements into clear, testable specifications.
  • Strong understanding of regulatory and scheme requirements, including Pay.UK scheme rules.
  • Experience working on high-availability or mission-critical systems.
  • Proven ability to identify risks, dependencies, and edge cases.
  • API-first or cloud-native product experience is desirable.
  • Experience working with tier 1 banks or payment processors is desirable.
  • Experience with UK payment services beyond FPS and Bacs, such as CHAPS, is desirable.

Benefits

  • Applications are currently accepted only from candidates based in the United Kingdom.
  • Structured interview process with multiple stages, including screening, team interview, executive review, and potentially an additional stage if needed.
  • Inclusive hiring approach with guaranteed interviews for neurodiverse and physically disabled applicants who meet the minimum criteria.
  • Reasonable adjustments available during the recruitment process.
  • Access to more information about benefits through Form3’s benefits page.
  • Flexible support for accessible application formats and interview accommodations.

Interested in this position?

Apply directly on the company website

Apply Now

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