Business Analyst : Regulatory at Nedbank

Job Purpose

To enable change by defining the needs and the rationale for regulatory change, to understand the current regulatory state, to engage with SME's to define the future regulatory state, and to determine the activities required to move from the current to the future regulatory state by applying principles of business analysis, according to the requirement classification schema, from a diverse array of multi-functional perspectives with an agile mindset. Complete complex tasks or larger, well-scoped challenges independently and identifies appropriate actions that have been approved to address a business challenge. Pair with key roles in the requirements value chain. Apply the principles of Product Ownership Analysis and the strategy-to-execution framework. 

Job Responsibilities

• Understand the current regulatory environment (rules, processes and principles).
• Engage with legal and compliance (as well as other business SME's) to understand future regulatory state. 
• Engage with operational team to identify gaps in rules and processes.
• Manage required changes with operational teams. 
• Conduct iterative and adaptive planning and monitoring tasks to estimate, organize and coordinate the BA efforts on large/complex enterprise initiatives.    
• Conduct elicitation and collaboration tasks to obtain information from stakeholders.   
• Conduct requirements analysis and design definition to structure, organize, specify and model requirements and designs. 
• Conduct Requirements Life Cycle Management tasks to manage and maintain requirements and design information from inception to retirement 
• Conduct strategy analysis to define the future and transition states needed to address the business need, the work required to define that need and the scope of the solution.
• Conduct Solution Evaluation to assess the performance of and value delivered by a solution and eliminate barriers/constraints that prevent the full realization of the value.
• Execute according to IIBA best practices, agile product delivery and lean principles based on Nedbank's delivery approach as per the BA methods, frameworks, standards, tools, techniques, competencies and practices.
• Analyse and document requirements based on changes to users, interfaces, processes, data flows, constraints, environments, and non-functional requirements.    
• Understand the portfolio's strategic themes, product roadmap, vision, KPIs and metrics, and align requirements accordingly.    
• Understand all elements of the program and team backlog and align requirements accordingly.        
• Decompose and document epics, features, themes, hypothesis statements, PI objectives and user stories by identifying gaps, missing stories and acceptance criteria, scenario development and all requirement categories.    
• Own decomposition of portfolio epics, features, elicitation, analysis, story writing and acceptance criteria writing throughout the requirements value chain.
• Collaborate/co-create process and capability alignment by pairing with the PE and Business Architect.    
• Support the team in working on impediments and spikes and enabler epics, enabler stories, and synthesise the data to articulate requirements.
• Work with development/QA to identify test cases/scenarios, conduct user acceptance testing and train the trainer/user and support change management commercialisation.    
• Conduct/participate in Backlog Refinement, prioritisation, WSJF, and increment planning and drive Devops and Built-in quality principles.    
• Analyse/document data requirements and model data flows through all seven product dimensions on a solution/program level by pairing with BDMs.    
• Foster stakeholder relationships and engagement for discovery and delivery, backlog refinement, dependencies and enterprise delivery up to senior level.    
• Conduct system demos and contribute to I&A and offer and implement suggestions for improvement.    
• Actively participate and lead program/squad ceremonies by pairing with Scrum Masters, Agile Coaches, Product and BITE Owners.    
• Drive minimum viable thinking, continuous deployment and integration.    

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• IT qualification,  Cert ificate in BA endorsed by IIBA , Safe Certification 
• Essential Certifications

Preferred Certifications

IIBA endorsed  

Minimum Experience Level

• 5 - 8 years
• BA experience, manage multiple IT projects and exposure to complex projects, business exposure, industry exposure. 
• Previous experience in regulatory environment (i.e. FICA, POPI, FATCA/CRS, EXCON, Market Conduct, COFI)

Technical / Professional Knowledge

• Research methodology
• BA Body Of Knowledge
• Business writing skills
• Agile Concepts
• Data and Business analysis
• Process Engineering Skills
• Global business analysis Trend
• Business Analysis Descipline , Techniques and Practices
• Microsoft Office Product

Behavioural Competencies

• Decision Making
• Building partnerships
• Technical/Professional Knowledge and Skills
• Initiating Action
• Continuous Improvement
• Customer Orientation