Senior Payments Business Analyst (SAP IDoc ISO 20022 Migration)- Global Consulting

Senior Payments Business Analyst (SAP IDoc ISO 20022 Migration)- Global Consulting

Location: New York, USA

Work Model: Hybrid 3 days per week onsite at the New York client location; 2 days remote.

Note: The working arrangements for this role are accurate as of the date of posting. They may change based on business or client needs. We will always be clear about role expectations.

About Cognizant Consulting

Cognizant Consulting is a global community of experts who help clients reimagine their business and modernize core systems. We blend deep industry knowledge with technology advisory to deliver datadriven, scalable transformation. Join us and help shape the future of payments modernization in Financial Services.

About the role

As a Senior Payments Business Analyst, you will play a critical role in delivering an enterprisescale ISO 20022 migration, with a primary focus on SAP IDocbased payment integrations. This role requires strong domain expertise in legacy payment formats, endtoend payment processing, and fieldlevel mapping across multiple integration channels.

In this role, you will

Analyze endtoend payment processing workflows, including H2H and SWIFT channels.

Perform fieldbyfield mapping from SAP IDoc payment messages (e.g., PAYEXT, ACC_DOCUMENT, custom payment IDocs) to ISO 20022 message formats (e.g., pain.001, pacs.008).

Support Hybrid Address and CBPR+ structured/unstructured address compliance.

Translate business requirements into detailed mapping specifications, data dictionaries, and functional documentation.

Collaborate closely with SAP functional/technical teams, integration architects, and payments operations.

Troubleshoot complex IDoc data, mapping discrepancies, and transformation logic across environments.

Support SIT/UAT cycles, test execution, defect resolution, and production readiness activities.

What you must have to be considered

812+ years of experience as a Business Analyst in the payments domain.

Handson expertise with SAP IDoc payment formats (PAYEXT, ACC_DOCUMENT, custom IDocs).

Solid understanding of ISO 20022, CBPR+, and Hybrid Address requirements.

Experience with H2H and SWIFT filebased payment integrations.

Ability to work effectively with legacy or custombuilt systems with limited documentation.

Strong communication, documentation, and stakeholder alignment skills.

These will help you succeed

Experience developing data dictionaries, canonical models, or mapping accelerators.

Familiarity with SAP addons, middleware/ETL tooling, or messagevalidation tools.

Background supporting payments modernization, regulatory compliance, or multientity transformation programs.

Ability to simplify complex concepts and communicate clearly with both technical and nontechnical partners.

Work Authorization

Applicants must be legally authorized to work in the United States. Sponsorship is not available for this role.

Compensation & Pay Transparency (New York, USA)

Salary Range: $110,000 $130,000 USD annually, based on experience and qualifications. This role is eligible for Cognizants discretionary annual incentive program.

Benefits include: medical, dental, vision, 401(k), paid time off, and additional wellbeing programs.

Compensation decisions are based on various factors, including skills, experience, and market conditions. The posted range represents Cognizants goodfaith estimate at the time of posting.

Equal Opportunity Employer

Cognizant is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all associates.

Apply By

February 28, 2026