Business Analyst - Payment Authorization Job at Ohm Systems, Chicago, IL

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  • Ohm Systems
  • Chicago, IL

Job Description

Job Description

Role Summary

Join our Payments team to optimize payment authorization workflows across card, ACH, RTP, and digital channels. Collaborate with stakeholders and partners to enhance approval rates, reduce fraud, and ensure compliance.

Key Responsibilities

  • Analyze and document business/functional requirements.
  • Define authorization rules (approvals, declines, reversals, stand-in).
  • Create BRDs, FRDs, user stories, and process flows.
  • Liaise across business, tech, fraud, risk, compliance, and ops teams.
  • Coordinate with processors, acquirers, issuers, and networks.
  • Support UAT/SIT/regression testing and data validation.
  • Ensure regulatory compliance (PCI DSS, PSD2/SCA, AML/KYC).
  • Monitor KPIs and recommend improvements.
  • Drive enhancements in routing, retry logic, and fallback handling.

Required Skills

  • Deep understanding of payment workflows (card-present/not-present, RTP, ACH, wallets).
  • Familiarity with ISO 8583, ISO 20022, REST/SOAP APIs.
  • Experience with Agile, JIRA and traceability.

Job Tags

Hourly pay,

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