Senior Business Analyst

Senior Business Analyst (Multilateral Batches – ISO 20022 Migration)

Payments Settlements Department

• Contribute to the future of Australia's payments infrastructure

• Collaborate on a high-impact transformation project

• Fixed-term contract until November 2026 in a hybrid working environment

Do work that makes a difference

Join the Reserve Bank of Australia (RBA) and contribute to the strategic transformation of Australia's payments settlements infrastructure. As part of the Multilateral Batches- ISO Migration project, we are seeking a Senior Business Analyst to support the critical business analysis activities.

This is a unique opportunity to work on a high-profile initiative that helps evolving settlement service. You will play a key role in guiding the adoption of ISO 20022 messaging standards for multilateral batches, ensuring alignment with industry-wide developments and compliance requirements.

Working within the Payments Settlements Department, you'll collaborate with multidisciplinary teams and external stakeholders to deliver secure, stable, and efficient payment solutions that support the Australian financial system.

About the role

As a Senior Business Analyst, you will:

• Collaborate with stakeholders to elicit, analyse, and document business and technical requirements.

• Contribute to the development of project plans, contractual arrangements, user guides, procedures and other documentation as required.

• Act as a liaison between business units and IT teams to align solutions with business goals.

• Support project administrative activities such as preparing meeting minutes, updating status reports and monitoring and reporting project issues, risks and assumptions.

• Collaboratively work with internal and external stakeholders and assist in developing industry integration and migration approach.

• Ensure adherence to regulatory and information management standards.

• As required, participate in industry consultations and provide analysis of related documentation.

• Actively contribute to knowledge sharing and continuous improvement within and across teams.

About you

You will bring:

• Proven experience as a Senior Business Analyst in complex, multi-stakeholder environments—ideally within payments or financial services programs.

• Experience working on system integration, messaging, or compliance-related projects.

• Advanced skills in requirements elicitation, documentation, and stakeholder engagement.

• Ability to work independently and manage competing priorities in a fast-paced environment.

• Experience in developing and maintaining project documentation (e.g.: Project Plan, Status Reports).

• Proficiency in JIRA and Confluence for managing requirements and documentation.

• A collaborative mindset with the ability to build strong relationships and support the needs of diverse stakeholders.

• Leadership and mentoring experience within the BA community to support the growth of BA practice.

• Demonstrated ability to manage end-to-end business analysis activities and deliverables independently.

• Strong understanding of ISO 20022 messaging standards and their application in payment systems. (Highly Desirable)

• Tertiary qualifications in Business, Economics, Information Technology or Computer Science.

• Project Management or Business Analysis qualifications/accreditations.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

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