Senior Business Analyst – Transaction Banking Technology

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Job Summary:

We are seeking an experienced Senior Business Analyst to join our Transaction Banking Technology organization. This senior individual contributor will work directly with Product Owners to assess, rationalize, clarify, and prioritize business requirements, then partner with technical system owners to translate them into feasible, scalable, and actionable technology solutions.

This role spans payments, cash and liquidity management, digital channels, reconciliation, regulatory compliance, and related commercial banking capabilities. The Senior Business Analyst will also leverage AI-enabled tools to create mockups, process flows, and visual representations that enhance stakeholder understanding, alignment, and decision-making throughout the delivery lifecycle.

Key Responsibilities:

• Develop a strong understanding of transaction banking capabilities, including:Domestic and cross-border payments Cash and liquidity management Collections and disbursements Reconciliation Fraud prevention Digital channels Commercial banking operations
• Partner with Product Owners to:Review, challenge, clarify, and prioritize business requirements Identify gaps, conflicts, duplication, and dependencies Collaborate with technical teams to develop effective technology solutions
• Lead requirements gathering and analysis activities, including:Stakeholder workshops Current-state assessments Business process documentation Data flow analysis Functional and non-functional requirements Use cases and business rules
• Evaluate processes, systems, controls, and data flows to identify opportunities for:Improved client experience Increased operational efficiency Enhanced resiliency Stronger controls
• Utilize AI-enabled tools to create:Mockups User journeys Process flows Solution concepts Visual artifacts for stakeholder alignment
• Work closely with Scrum Masters and Program Managers to convert requirements into:Agile user stories Acceptance criteria Clear Definitions of Done
• Maintain requirements traceability and support:Scope management Prioritization efforts Roadmap planning Change management throughout project delivery
• Assess regulatory, compliance, risk, and security impacts, including:KYC AML OFAC Data Privacy Open Banking ISO 20022 Sanctions screening
• Communicate risks, assumptions, issues, and dependencies to business and technology stakeholders.
• Support:Test planning System Integration Testing (SIT) User Acceptance Testing (UAT) Defect resolution Production readiness activities Post-implementation validation

Required Qualifications:

• Bachelor's degree in Business, Finance, Information Systems, Computer Science, or a related field, or equivalent professional experience.
• 7+ years of business and systems analysis experience, including at least 3 years within:Transaction Banking Payments Cash Management Commercial Banking Related Financial Services domains
• Strong understanding of transaction banking and payments, including experience with:Payment networks and standards Domestic and international payments Cash and liquidity management Digital banking platforms Reconciliation processes
• Proven ability to lead complex requirements initiatives involving business and technology stakeholders.
• Experience with:Requirements elicitation Process mapping Data analysis Business rules documentation User stories Acceptance criteria Functional and non-functional specifications
• Experience using AI-enabled tools to:Refine and synthesize requirements Create process flows and mockups Develop visual artifacts while maintaining data protection and governance standards
• Experience working in Agile or hybrid delivery environments, including:User story development Sprint participation Acceptance criteria creation Testing and implementation support
• Strong understanding of banking-related:Regulatory requirements Compliance standards Risk management practices Security controls
• Excellent communication, facilitation, and stakeholder management skills with the ability to influence senior leaders and bridge business and technical teams.
• Proficiency with:Jira Confluence Visio Other requirements and process-modeling tools

Preferred Qualifications:

• Experience supporting major transaction banking or payments transformations, such as:ISO 20022 migration Real-time payments initiatives Digital channel modernization Reconciliation transformation programs
• Experience with:Virtual Account Management ERP integrations via APIs Online and mobile banking platforms
• Experience with Loan IQ or similar commercial lending platforms, including:Loan servicing workflows Payment processing Accounting events System integrations
• Familiarity with:SWIFT ACH ISO 20022 APIs Event-driven integrations Cloud-based architectures Microservices API-first design principles
• Data analysis skills, including:SQL Data models Database schemas Interface specifications Reporting requirements End-to-end data flow analysis
• Advanced degree or professional certifications in:Business Analysis Product Management Agile Delivery Payments Financial Services

Education::

•Bachelor's degree in Computer Science or a closely-related discipline, or equivalent in professional experience

The typical base pay range for this role is as follows:

• New York / New Jersey: $145k - $188k
• Non-/New York/ New jersey: $137 - $169k

depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

Our hybrid work schedule is four days on-site and work remotely one day per week.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

About US

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute