IT Business Analyst

4 weeks ago

Johannesburg, Gauteng, South Africa Rand Merchant Bank Full time
Job title : IT Business Analyst (Broader Africa)Job Location : Gauteng, JohannesburgDeadline : March 06, 2025Quick Recommended Links
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Job Description

  • To design, specify, build, configure and test solutions for delivering the necessary capability to business that enables quality solutions and a client centric orientation These include pricing and risk management solutions along with their related IT processes.
  • The BA needs to understand the end-to-end trade lifecycle, including payments and settlement processes.

Responsibilities:

  • Engagement with stakeholders to understand business problems, needs and translate those into detailed business and/or functional requirements that include process, data, people and workflow specifications.
  • Analyse and understand the end-to-end flow of the payments system architecture and consider all touchpoints and impacts when analysing new business requirements or changes to existing business requirements.
  • Apply business analysis best-practices, consistent with the BABOK principles and standards.
  • Identify and promote optimisation, re-use and standardisation opportunities within Platforms
  • Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve positive outcomes.
  • Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders' requirements are delivered.
  • Engage and collaborate with the vendor on suitable solutions for incidents, production issues or new requirements.
  • Assist with query and complaint management in a timeous manner.
  • Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.
  • Ensure all the business requirements, evaluations and recommendations of business solutions, assessments and feasibility analysis are documented.
  • Assist the PM or Platform Lead by advising, investigating, estimating, and calculating costs, timelines, resources and plans approval of the project stage business cases.
  • Facilitate workshops in conjunction with the PM in order to obtain business user requirements in terms of the proposed end state of the project.
  • Project manage a sub-project or work stream, when required to do so by the PM or Platform Lead.
  • Assist the PM or Platform Lead to generate weekly/monthly or adhoc status reports, using input from project teams for reporting to Project Sponsor.
  • Perform root cause analysis with stakeholders, conduct interviews or workshops to further evaluate and identify solutions to meet business requirements

Competencies:

  • Expert knowledge of SWIFT MT/FIN messages and processes
  • ISO20022 knowledge and ISO20022 message processes
  • Understanding of the FIN/MT to ISO20022 translation mapping
  • Expert knowledge and experience in SWIFT gpi services
  • Knowledge of TIBCO integration services
  • Understanding the various Payment market infrastructures, for e.g., SAMOS, CBPR, SADC RTGS(SIRESS)
  • Work experience within Payment's domain (processing, clearing, Swift)
  • Knowledge of cross-border payments regulations

Additional Requirements:

  • Familiarity with vendor management
  • Knowledge of integration architecture
  • Understanding of the Capital Markets Products and Business environment
  • Knowledge of Payment systems

Qualifications and Experience:

  • A Bachelor's degree in Computer Science, Information Systems/Technology, Mathematics, Engineering or related discipline is required, or equivalent work experience
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