Business Analyst - Payments

Northmill Bank is a challenger bank at the intersection of technology and finance, committed to revolutionizing the way people manage and protect their financial well-being. We are creating a different kind of banking experience, digital yet personal. Northmill Bank was founded in 2006 and have grown to over 240 employees in 3 countries, 4 000 merchants and 600 000 end users. We use the latest technology to develop safe, smart, and user-friendly products for our customers. They are the sole reason why we do what we do. We are a 100% cloud-based product company where technology is the driver to create smarter banking products. Grab this opportunity to be a part of us and our journey! About the role As a Business Analyst – at Northmill Bank, you play a key role in shaping and delivering our next-generation capabilities. You will work at the intersection of business, regulation, and technology, translating complex requirements into actionable solutions. You will collaborate closely with Product, Engineering, Compliance, Risk, and external partners to ensure efficient, compliant, and scalable payment flows. This role is ideal for someone who thrives in a technical environment, understands the complexity of modern payment infrastructures, and enjoys driving impact across teams. Responsibilities

Partner with Product Owners and stakeholders to drive payment-related initiatives aligned with Northmill’s strategy.

Analyze and translate scheme rulebooks, regulatory requirements, and business needs into clear requirements and specifications.

Define and document payment flows, message structures, and business processes.

Collaborate with engineering teams to ensure accurate implementation of payment solutions.

Support integrations with external payment infrastructures and third-party providers.

Ensure compliance with European and Nordic payment standards.

Contribute to testing, validation, and rollout of new payment functionalities.

Drive continuous improvements in payment processing, reconciliation, and customer experience.

Qualifications

3+ years of experience as a Business Analyst within banking or payments.

Experience with major payment schemes/infrastructures (NPC, EPC, T2, TIPS) and solid knowledge of SCT/SCT Inst.

Experience working with ISO 20022 message formats.

Ability to translate complex rulebooks and regulatory requirements into technical and business specifications.

Experience working in agile environments.

What we offer

A fantastic office in a prime Stockholm location with great spaces and views

An independent role with the opportunity to make a real impact

Great opportunities for professional development

Health - 5 000 kr health care allowance

Conference abroad every other year

Breakfast and fruits every day, as well as "holy fika” each Friday

Regular after work and celebrated successes at the office

Apply today and be a part of Northmill!