Business Analyst (Trade Settlement) at Rand Merchant Bank

Job Description

• The purpose of the role is to work as a liaison among stakeholders, using a set of tasks and techniques, in order to understand the structure, policies and operations of the bank and to recommend solutions that enable the bank to achieve its goals.

Responsibilities: 

• Engage with the macro-environment to look for new opportunities, capabilities and trends that would add value to the required analysis work. 
• Suggest changes in executing work processes to better drive value and benefits for the business. 
• Prepare and share recommendations for process and systems improvements in relevant area of accountability. 
• Facilitate one-on-one or group workshops to elicit, analyze, communicate and validate requirements for changes to business processes and policies and, where relevant, IT systems. 
• Analyze existing processes and facilitate improvements with stakeholders. 
• Analyze and model data and data requirements where applicable. 
• Document business/functional requirements. 
• Conduct a gap analysis to identify the most feasible solution to meet requirements. 
• Work with business stakeholders to define metrics/performance goals and acceptance criteria for solution and ensure the implementation of the requirements. 
• Translate business needs and data requirements into detailed business information, functional, integration and process specifications. 
• Clarify the business requirements, technical solutions and functional/process specifications for relevant stakeholders. 
• Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications. 
• Participate in market testing for Strate releases and other market projects that require the participation from the Custodian.
• Coordinate and participate in client testing.
• Participate in post project implementation review. 
• Provide input into compiling or write system manuals where required. 
• Compile training material and provide end-user training to stakeholders where relevant. 
• Prioritize requirements (critical and non-critical) to identify project deliverables and time frames. 
• Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes. 
• Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders’ requirements are delivered. 
• Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts. 
• Anticipate consequences and adapt problem solving based on continual feedback. 
• Act speedily to resolve problems, queries and complaints. 
• Adapt communication styles to meet the needs of different audiences. 

Self management: 

• Demonstrates pride in the organisation’s brand, services and products by consistently delivering on the brands promise RAND MERCHANT BANK 
• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standards 
• Stay relevant and up-to-date with legislations and new development 
• Keep abreast of regulations relevant to the Custody Services industry with reference to the Strate and JSE Rules and Directives
• Maintain a positive attitude and respond openly to feedback 
• Handle stress in ways that do not negatively impact others 
• Take ownership of personal career development, leveraging formal and informal opportunities 
• Act in an ethical, transparent and morally defensible manner

Qualifications and Experience: 

• Experience in the Custody/Securities environment is required.
• Knowledge and exposure to the BaNCS SP system is required.
• Knowledge of Trade Settlement processing (across Asset Classes) in the Custody/Securities environment is required.
• Knowledge of SWIFT ISO15022 5 series messaging standards is required.
• Minimum relevant Degree (e.g. B.Com, BSc Information Systems or Engineering) is Advantageous 
• Business Analyst Diploma (Advantageous) 
• Certified Business Analyst Professional (Advantageous) 
• Minimum 2+ years relevant experience in a Business Analyst role (Advantageous)

Competencies Required: 

• Analysis and Attention to Detail 
• Drive and Results Orientation 
• Customer Service Orientation 
• Presentation and Facilitation 
• Process and Technology Orientation
• Planning and Organizing 
• Professional 

Deadline:6th March,2026