Senior Business Analyst – Card Payments at DeARX Services (Pty) Ltd

• We are seeking a highly experienced Senior Business Analyst with deep expertise in the banking and card payments domain to join a leading financial institution on a 12-month contract.
• This role requires a seasoned BA with proven experience in migration initiatives within card and payments environments, including issuing, acquiring, scheme integrations, and processing platforms. The successful candidate will play a key role in delivering complex transformation and migration projects impacting card systems and payment infrastructure.

Role Overview

• You will work across business and technology teams to drive the successful delivery of card payment migration initiatives. This includes requirements elicitation, impact assessments, stakeholder engagement, regulatory alignment, and ensuring seamless integration across systems and processes.

This is a high-visibility role requiring strong banking domain knowledge, particularly within:

• Card Issuing & Acquiring
• Scheme integrations (e.g., Visa, Mastercard)
• Authorization & Switching platforms
• Settlement & Reconciliation
• Disputes & Chargebacks
• Regulatory and compliance requirements

Key Responsibilities

• Lead end-to-end business analysis activities for card payment migration projects within a banking environment.
• Collaborate with business stakeholders, product owners, compliance teams, and technical delivery teams to gather and document detailed requirements.
• Conduct comprehensive impact analysis across card systems, payment platforms, and downstream integrations.

Develop:

• Business process models
• User stories & epics
• Functional and non-functional requirements
• Data mapping and migration specifications
• Support data migration strategy, validation, and reconciliation processes.
• Facilitate workshops and stakeholder engagements to drive alignment and consensus.
• Translate complex business requirements into clear technical specifications for development teams.

Provide subject matter expertise on:

• Card lifecycle management
• Authorization flows
• Settlement & reconciliation
• Dispute handling
• Regulatory compliance
• Support UAT planning, execution, defect triage, and sign-off.
• Identify risks and proactively manage migration-related issues.
• Work within Agile delivery environments, contributing to sprint planning and backlog refinement.

Minimum Requirements

• 8+ years' experience as a Business Analyst within the banking industry
• Strong hands-on experience in card payments (issuing and/or acquiring)
• Proven track record in migration or transformation projects

Solid understanding of:

• Core banking systems
• Card management systems
• Payment processing platforms
• Regulatory and compliance frameworks
• Experience in requirements elicitation, process modelling, and documentation.
• Strong stakeholder management skills across business and IT.
• Experience working in Agile/Scrum environments.
• FTI or IIBA certification (required).

Advantageous

• Experience with major card schemes (Visa, Mastercard).
• Exposure to payment switches or platforms (e.g., Postilion, Base24, etc.).
• Knowledge of data migration tools and reconciliation techniques.
• CBAP, PMI-PBA, or equivalent certification.
• Understanding of PMBOK, PRINCE2 or structured delivery frameworks.

Key Competencies

• Strong analytical and problem-solving skills
• Excellent communication and stakeholder engagement
• Ability to operate in complex, regulated environments
• Detail-oriented with strong documentation discipline
• Resilient and delivery-focused