IT Business Analyst (Broader Africa) at RMB - Rand Merchant Bank

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