Business Analyst at RMB - Rand Merchant Bank

Job Description
Hello future  Credit Business Analyst!

• RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. 
• United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
• Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
• The Credit Business Analyst will take responsibility for defining requirements and product sets for configuration and maintenance of existing modules of the Murex product suite. Currently this suite comprises the Murex Limits Controller, and Basel II Credit Capital Calculator modules. 
•  This will require an overall and in-depth understanding of credit processes, systems, information requirements, flows and functional system requirements. 
• To review, evaluate and analyse user needs to document system requirements and create system specifications that drive system development and implementation of overall business objectives
• Builds, develops, and maintains the business processes for Credit to help identify and understand the workings of the business, and thereby to derive the business requirements and constraints that the resultant systems implementations must address (Including current and to-be business processes). Continuously updates and aligns the to-be business processes as business changes.

Are you someone who can:

• Determine the impact of change of proposed projects on the business and on the IT systems supporting the business.
• Perform impact assessments on new requirement and the impact on upstream and downstream systems.
• During analysis ensure that the full end to end Credit system and their dependencies have been assessed.
• Supports the Credit Business Architecture and conforms to the RMB Business Architecture standards.
• Analyse the gaps between the current and future state to determine the extent of change required to realise the future state objective. Identifies processes in need for re/design (e.g. due to inefficient operations) and identifies options to improve them gaining stakeholder buy-in.
• Document the end-to-end Credit process flows with reference to existing documentation generated to date i.e. capture the activities performed in a business process, inputs, outputs and resources used for those activities, including performance measures.
• Supports the efficiency measures and targets of end-to-end Credit processes including touch points in Business Units.
• Assisting project teams with touch points in the Murex configuration to translate business needs into system functionality
• Defining report requirements, functional and process specifications for business and IT changes, as part of the overall definition of solutions to support business needs.
• Understanding existing systems and all inter-dependencies (As Is analysis).
• Analyzing business processes and system requirements, with ability to propose re-engineering or optimization of processes.
• Ensure projects within credit business architecture are aligned and delivered to achieve the to-be architecture. Following same definitions, business rules etc.
• Understanding functional and technical system specifications to be able to identify business solutions, opportunities, and system limitations.
• Applying and influencing the use of Business Architecture guidelines to ensure consistent and high-quality business requirements/functional/process specifications for any solution.
• Assisting Technical Designers in translating the business requirements and functional/process specifications into detailed technical requirements.
• Overseeing functional, integration and user acceptance testing activities to ensure that the delivered solution meets agreed business requirements and functional / process specifications.
• Identifying proactively operational problems and proposing solutions.
• Interfacing with other Business Analysts and Project Managers.
• Working closely with the technical architects in defining the systems landscape in Credit.
• Challenging business demands and identifying duplications or redundant needs across Credit.
• Creating, developing, and maintaining a Credit business information model and guidelines for data input, processing, and output.
• Provide expert advice to resources in Credit.
• Keeping abreast with changes in the business, in credit management and best practices.
• Documenting business process requirements through research, interviews or facilitation sessions
• In conjunction with business partners, designing new existing business processes
• Compiling test cases where required
• Executing test cases and providing written feedback relating to progress and categorising high medium and low business impact
• Providing information which contributes to building training manuals/material Interacting and maintaining good relationships with business stakeholders (business users, change management resources, developers, testing and training teams)
• Providing guidance and support to team members
• Perform a quality assurance role with colleagues
• Communicating regularly with business around progress with regards to the user requirement/functional specification and processes (Managing Expectations)
• Provide regular feedback to Project Manager where relevant
• Escalating issues so that delivery timeframes are not compromised

You will be an ideal candidate if you:

• Have completed a relevant degree or Qualification
• Strong Excel skills are required for creating and maintaining test packs and test scenarios.
• 5 years demonstrated practical experience in major projects / areas with relevant exposure to the credit business.
• Strong background in implementation of build and buy business solutions.
• Ability to have a technical discussion
• Experience in the investment banking sector
• Strong excel and python skills. 

You will have access to: 

• Opportunities to network and collaborate
• Opportunities to innovate

We can be a match if you are: 

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it