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Old Mutual is seeking a Business Analyst to translate business requirements into functional specifications. The role includes responsibilities such as requirements management, data collection, and conducting feasibility studies, while fostering a culture of innovation. Candidates should possess relevant qualifications and experience within the financial services industry.
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Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
Old Mutual Finance was established in 2008 to provide unsecured lending products and services to the SA market. The business started with a staff compliment of 34 and has since grown to over 3000 staff with more than 300 branches nationally. Within our branches we offer insurance, lending products as well as servicing.
OMF is seeking to hire a Business Analyst, the role will report to the OMF OMF IT BA Capability Manager. The Business Analyst translates business requirements into detailed functional specifications that undergo business stakeholder review.Responsibilities
Requirements ManagementIdentify, elicit, and document project/process requirements, using appropriate modeling technique, if required. Analyze requirements and validate with original users, eliminating confusion. Define the testing scripts and verification criteria to ensure requirements are met. Maintain documentation and traceability throughout project.
Data Collection and AnalysisConduct research using primary data sources, and select information needed for the analysis of key themes and trends.
Database SpecificationsProvide information and comments on suitability during the approval process for database specifications to ensure all agreed standards and protocols are followed and data integrity is preserved.
Analysis of "As Is" and "To Be"Support and contribute to the documentation of "as is" and "to be" processes and describe the changes required to migrate to the "to be" capability to record accurately the change required.
Business Requirements IdentificationCollect business requirements using a variety of methods, such as interviews, document analysis, workshops, and workflow analysis, to express the requirements in terms of target user roles and goals.
Feasibility StudiesContribute to and support feasibility studies from a technological and organizational perspective, and document findings.
Horizon ScanningExplore and develop a basic understanding of external developments or emerging issues and contribute to the evaluation of their potential impact on, or usefulness to, the organization.
Enterprise Business AnalysisInterpret the business need and identify solution recommendations to business problems at a business unit level.
Business CaseCarry out feasibility and assessment work for proposed and current projects to contribute to the development and continuous review of business cases.
Documentation and BackupCreate and maintain technical and/or user documentation to a high standard, and back up files to ensure instant recovery if problems occur.
Culture of InnovationSupport a culture of innovation by contributing to solutions that boost creativity, innovation, and collaboration, such as idea generation platforms, jam sessions, and hackathons.
Personal Capability BuildingDevelop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
Minimum Requirements:
3-year Diploma/degree in IT or related
IIBA CCBA/CBAP/AAC certification or advanced certificate in Business Analysis
A minimum of 3 – 5 years of relevant Business Analysis experience
Experience on financial services industry is advantageous
Experience in agile methodology/scrum framework is preferred
Skills
Competencies
Action Oriented Business Insight Cultivates Innovation Decision Quality Ensures Accountability Manages Complexity Nimble Learning Optimizes Work ProcessesEducation
Bachelors Degree (B) (Required)Closing Date
10 June 2025 , 23:59The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
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