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  • Posted: Aug 29, 2024
    Deadline: Not specified
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...

     

    Junior Business Analyst

    Requirements

    • Relevant degree in Finance, Accounting, Audit, or a related field; postgraduate studies and professional qualifications are a plus.
    • Experience in finance, audit, or forensics.
    • 2-4 years of business analysis experience in the financial services industry.
    • Proven experience working with multiple stakeholders to improve business processes.
    • Experience in an Agile software development environment.
    • Track record of simplifying complex processes and creating effective solutions.
    • Proficiency in business process mapping tools like Visio, Blueprint, or Bizagi.
    • Strong skills in Microsoft Office applications, including Word and PowerPoint.
    • Experience in Investment Operations is a plus.
    • Knowledge of PowerBI or similar data visualization tools is beneficial.

    Duties & Responsibilities

    Gathering Requirements

    • Conduct in-depth business analysis by engaging stakeholders through workshops, meetings, research, and interviews to gather and understand business needs.
    • Gain a thorough understanding of current operations and the strategic goals for future growth.
    • Evaluate proposed technology solutions to determine their impact on business processes and systems.
    • Work with cross-functional teams, including IT, other analysts, and leadership, to deliver effective solutions.
    • Document business needs and translate them into functional specifications for technical teams.

    Problem Solving

    • Identify and solve business challenges with solutions that align with strategic goals.
    • Help design operating systems and applications to meet business objectives and technical needs.
    • Support the business in identifying and reducing risks related to systems and processes.

    Solution Design and Implementation

    • Collaborate with IT and other teams to design and implement solutions for business needs.
    • Manage the development and testing of new systems, processes, or improvements to existing ones.
    • Assist with the rollout of new processes and systems, including user training and change management.

    Documentation

    • Create clear documentation, including flow charts, use cases, and wireframes, to communicate business requirements to different teams.

    Stakeholder Engagement

    • Turn high-level business requirements into detailed solution specifications, ensuring stakeholders are aligned and communication is clear.
    • Assist with project planning, risk management, and scope control for key initiatives and projects.

    Data Analysis and Reporting

    • Analyse data to spot trends, performance issues, and areas for improvement.
    • Create and maintain reports and dashboards to track operational performance and key metrics.
    • Ensure data accuracy and integrity in all reports.

    Project Management

    • Manage small to medium-sized projects, ensuring they are completed on time, within scope, and on budget.
    • Create project plans, monitor progress, and update stakeholders on project status.
    • Identify and manage project risks, escalating issues when needed.

    Continuous Improvement

    • Continuously identify and improve control weaknesses.
    • Monitor and assess the performance of solutions, suggesting adjustments and improvements as needed.
    • Lead efforts to streamline processes, cut costs, and enhance service quality.
    • Review the performance of solutions and recommend further improvements.

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