SUMMARY At Santander, we are transforming the future of payments. We are looking for a highly experienced Business Analyst specialized in Cards Clearing & Settlement, with deep expertise in Visa and Mastercard schemes, card payment processing, and financial reconciliation processes. This role is critical to ensuring the accuracy, efficiency, and compliance of card transaction processing across the entire payment lifecycle.

Bachelor's Degree in Business Administration, Finance, Economics, Computer Science, Engineering, or related field. Relevant certifications in Payments, Cards, Business Analysis, or Financial Services are considered an advantage.

Business

Analysis methodologies and tools. Functional specification writing. Data analysis and troubleshooting capabilities. SQL knowledge for investigation and analysis purposes. Testing support and UAT coordination. Ability to leverage Generative AI tools to improve analysis, documentation, and productivity.

Experience using AI-assisted tools for business analysis, process improvement, and decision support. As a Business Analyst within the Cards organization, you will act as the bridge between Business, Operations, Technology, Finance, and external payment schemes. You will be responsible for analyzing, defining, and improving clearing and settlement processes, ensuring that card transactions are accurately processed and reconciled while complying with Visa and Mastercard operational rules.

Support business initiatives related to card payment processing, financial reconciliation, and operational optimization.

- Support interchange,scheme fee, and reconciliation-related initiatives.

Business

Analysis - Gather, analyze,



and document business requirements. Translate business needs into detailedfunctional specifications. Perform impact assessments for new business initiatives, regulatory changes, and scheme mandates. Define business processes and operational procedures.

- Collaborate with Technology teams duringsolution design, implementation, and testing phases.

Scheme

Management - Monitor and assess Visa and Mastercard rule changes. Evaluate business and system impactsof scheme mandates and releases. Coordinate implementation activities across business and technology stakeholders. Support root cause analysis and corrective actions.

- Ensure proper controls and monitoring mechanisms are in place.

Stakeholder

Management - Cards Business Teams - Operations - Finance - Technology - Risk & Compliance - Visa - Mastercard - External Processors and Partners Mandatory - Proven experience as a Business Analyst within Cards, Payments, or Financial Services.

Strongexpertise in

- Visa Clearing & Settlement - Mastercard Clearing & Settlement - Card Payment Processing - Reconciliation Processes - Chargebacks and Disputes - Interchange Concepts - Issuing and/or Acquiring BusinessModels. At Santander, you will have the opportunity to work at the heart of one of the world's leading financial institutions, helping to shape the future of digital payments. You will join an international team where innovation, collaboration, and continuous learning are part of our DNA. We encourage curiosity, embrace emerging technologies such as Artificial Intelligence, and empower our people to make a meaningful impact on millions of customers worldwide.

📌 Business Analyst Cards Clearing & Settlement (Visa / Mastercard) (Madrid)
🏢 Get Net
📍 Madrid