Business Systems Analyst
Wex
About the role/team:
"We are a leading financial technology company dedicated to simplifying and modernizing consumer payments. Our innovative Bill Pay solutions empower individuals to effortlessly manage and deliver payments to a wide range of suppliers and billers, leveraging cutting-edge automation and agent-assisted platforms. Join our dynamic team and be part of transforming the future of payments."
As a Business Systems Analyst for our Bill Pay business, you will play a crucial role in analyzing biller lists for potential processing opportunities, and implementing those opportunities in our bill pay system; ensuring seamless delivery of payments to suppliers and billers via our automation and agent pay. This role requires a strong understanding of payment processes, data analysis, and the ability to translate complex business requirements into clear, actionable specifications for stakeholders.
How you will make an impact:
Data Gathering & Documentation:
- Perform biller research including accepted delivery method(s) and customer data required for successful posting on WEB/IVR systems.
- Assess biller research findings for implementation viability within Bill Pay’s existing payment platform capabilities.
- Document biller research findings including payment process flows, use cases, and detailed payment requirements specific to each researched biller.
Ecosystem Maintenance:
- Manage and update critical biller data within Salesforce.com.
- Create and maintain various documentation, including, process diagrams (e.g., swimlane, activity diagrams), data flow diagrams, and user manuals.
System Analysis & Design:
- Analyze existing Bill Pay systems and processes to identify inefficiencies, pain points, and opportunities for improvement.
- Propose innovative and practical solutions that align with business objectives and technical capabilities.
- Participate in the design of new system functionalities and enhancements, ensuring scalability, reliability, and security.
Collaboration & Communication:
- Communicate technical concepts to non-technical stakeholders and business concepts to technical teams effectively.
- Facilitate productive discussions and drive consensus among diverse teams.
Testing Support:
- Monitor and test "prospective billers" to ensure steady system flow and system integrity.
Issue Resolution & Support:
- Assist in troubleshooting and resolving production issues related to the Bill Pay platform, acting as a bridge between business users and technical support.
- Analyze root causes of issues and propose preventative measures.
Advanced Job Duties & Responsibilities:
- Lead the analysis and design of complex, cross-functional Bill Pay initiatives that involve multiple systems, integrations, and stakeholders.
- Identify and mitigate potential risks and challenges in complex project implementations.
Process Optimization & Innovation:
- Proactively identify opportunities for process optimization and automation within the Bill Pay ecosystem, leveraging expertise in payment workflows and emerging technologies.
- Contribute to the strategic roadmap of the Bill Pay platform, advocating for innovative solutions that drive business value.
Data Analysis & Reporting:
- Conduct in-depth data analysis to identify trends, derive insights, and support data-driven decision-making for Bill Pay initiatives.
- Create detailed reports to regularly communicate findings to stakeholders.
Vendor & Third-Party Management (as applicable):
- Work with external vendors and third-party partners involved in Bill Pay integrations, ensuring their solutions align with business requirements and technical standards.
- Evaluate new technologies and vendor offerings to enhance the Bill Pay platform.
Experience you will bring:
- High School Diploma or GED
- 3-5 years of experience as a Business Systems Analyst, with a strong focus on financial services, payments, or similar transactional systems.
- Proven experience in gathering, analyzing, and documenting business requirements for complex software applications.
- Strong understanding of the Software Development Life Cycle (SDLC) and Agile methodologies.
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional communication (written and verbal), interpersonal, and presentation skills.
- Proficiency in creating process flows, use cases, and other analytical models.
- Experience with project management tools (e.g., Jira, Confluence, Azure DevOps).
- Ability to work independently and collaboratively in a fast-paced environment.
Technical Proficiency:
- Excel: Moderate skills are required (VLOOKUP, Pivot Tables, filtering, sorting, and charting).
- Research: Ability to use web tools/Google to conduct research and summarize findings for stakeholders.
- Tools: Proficient in Gmail/G-Suite, Salesforce, and text editors like Notepad++.
- Organization: Mastery of spreadsheet organization and data hygiene.
Soft Skills:
- Critical Thinking: A sharp eye for detail and the ability to solve problems independently.
- Communication: Strong verbal and written skills for professional interaction with partners.
- Agility: Ability to learn large volumes of information quickly and adapt to a fast-paced environment.
- Collaboration: A team-first mindset with a professional and courteous demeanor.