Business Analyst

Metamorph; Cape Town; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services firm in Cape Town is seeking a skilled Business Analyst to join their team. This role focuses on international payments, requiring expertise in SWIFT and regulatory compliance. The successful candidate will analyze requirements, document solutions, and collaborate with stakeholders. Candidates should have a bachelor’s degree and at least 5 years of experience in payments. This position offers career growth in a dynamic work environment.

Benefits

Opportunity to work on large‑scale projects

Exposure to payment innovations

Career growth opportunities

Qualifications

• 5+ years of experience working with international payments systems and processes.
• Proven track record as a Business Analyst in financial services with focus on payments.
• Ability to work with data for analysis using SQL, Excel, or BI tools.

Responsibilities

• Gather and analyze requirements across teams to capture functional and non‑functional requirements.
• Define solution design and documentation for international transactions.
• Map current and future state processes for international payment flows.

Skills

Business Analysis Skills

Payments Expertise

Regulatory & Compliance Knowledge

Technical Skills

Soft Skills

Education

Bachelor’s degree in Business, Finance, IT, or related field

Job description

Role Overview

We are seeking a highly skilled and detail-oriented Business Analyst (BA) with strong expertise in international payments to join our team.

This role requires deep domain knowledge of cross‑border payments, SWIFT, ISO, and the broader financial services ecosystem.

Key Responsibilities

• Gather and analyze requirements across business, operations, and technology teams to capture functional and non‑functional requirements.
• Translate high‑level business needs into detailed business and system requirements.
• Map current‑state and future‑state processes for international payment flows.
• Define solution design and documentation: business rules, payment processing flows, and system interactions for international transactions.
• Document functional specifications, user stories, and acceptance criteria for payment solutions.
• Work closely with architects and developers to ensure alignment of technical solutions with business needs.
• Provide subject matter expertise on international payment standards (SWIFT MT/MX, ISO 20022, SEPA, Fedwire, CHAPS, etc.).
• Support projects related to cross‑border payments, remittances, treasury, and correspondent banking.
• Ensure compliance with regulatory and industry standards such as AML/CFT, FATF, OFAC, and local central bank requirements.
• Act as a liaison between business stakeholders and technology teams; facilitate workshops, working groups, and design sessions.
• Provide regular updates, reports, and presentations to senior stakeholders.
• Define and execute test cases for payment scenarios, ensuring systems behave as expected.
• Support user acceptance testing (UAT), migration testing, and payment system certifications; assist in implementation, rollout, and training activities for end‑users.

Required Skills & Experience

• Business Analysis Skills – Proven track record as a Business Analyst in financial services, preferably with a focus on payments; strong requirements elicitation, documentation, and stakeholder management; experience with Agile and/or Waterfall methodologies.
• Payments Expertise – 5+ years of experience working with international payments systems and processes; in‑depth knowledge of SWIFT messages (MT/MX) and ISO 20022, SEPA, Fedwire, CHAPS, SWIFT GPI, RTGS.
• Regulatory & Compliance Knowledge – Solid understanding of AML/CFT, sanctions screening, and regulatory frameworks affecting payments; experience working with compliance and risk teams on payment‑related initiatives.
• Technical Skills – Ability to work with data for analysis (SQL, Excel, or BI tools); understanding of APIs and integration in the payments ecosystem; familiarity with core banking and payment hub systems is an advantage.
• Soft Skills – Excellent communication, facilitation, and presentation skills; strong analytical and problem‑solving mindset; ability to work in a fast‑paced, multi‑stakeholder environment.
• Education – Bachelor’s degree in Business, Finance, IT, or related field (required).
• Certifications – Business Analysis certification (CBAP, CCBA, PMI‑PBA, or equivalent) preferred; payment industry certifications (e.g., SWIFT, ACI, ICA, ACAMS) are a plus.

What We Offer

Opportunity to work on large‑scale international payments projects; exposure to cutting‑edge payment innovations and global standards; collaborative work environment with cross‑functional teams; career growth opportunities in the financial services domain.