Business Analyst

iOCO Pty Ltd; Cape Town; On-site; ZAR 60 000 - 100 000; Full time

Job summary

A financial services firm in Cape Town is looking for an experienced Business Analyst to work on Linked Investment Products for an initial 12-month contract. The role involves eliciting and documenting business requirements, ensuring compliance with South African investment product regulations, and supporting platform migration initiatives. Candidates should have at least 5 years of relevant experience and a background in finance or business analysis.

Qualifications

• Minimum 5 years’ experience as a Business Analyst in financial services.
• Experience working with Linked Investment Products or Wealth Management Systems.
• Proven involvement in platform migration and system implementation.

Responsibilities

• Elicit and document business requirements for linked investment products.
• Collaborate with teams to ensure regulatory compliance solutions.
• Support and document processes affected by platform migration.

Skills

Business Analysis

Investment Regulations

Stakeholder Communication

Gap Analysis

Testing and Validation

Education

Relevant tertiary qualification in Finance, Investments, Business Analysis, or Information Systems

Tools

HPQC

Jira

Job description

We’re looking for an experienced Business Analyst with experience working on Linked Investment Products. We require someone based in Cape Town, and it will be for an initial 12 month contract. You’ll play a pivotal role in the design, enhancement, and migration of linked investment product capabilities. The role requires a deep understanding of South African investment product regulations, platform operations, and linked-product administration, with proven experience supporting large-scale platform migration initiatives in the financial-services sector.

What you'll do:

• Elicit, analyse, and document business requirements for linked investment products, including end-to-end processes across administration, reporting, and compliance.
• Collaborate with Product, Operations, Compliance, and the Vendor to ensure solutions align with regulatory frameworks such as FAIS, FICA, Pensions Fund Act, and Treating Customers Fairly (TCF), PDD, etc.
• Translate business needs into detailed functional specifications and acceptance criteria.
• Support and document end-to-end business processes impacted by platform migration.
• Conduct gap analysis between legacy and target-state platforms, focusing on investment account structures, pricing, fee models, and transactional workflows.
• Work closely with the Vendor teams to validate interfaces, data mappings, and reconciliation logic.
• Develop and execute test scenarios and test cases to validate linked product functionality, data migration accuracy, and system integrity.
• Perform regression, UAT, and end-to-end testing across integrated systems.
• Ensure defects are logged, tracked, and resolved efficiently.
• Liaise with cross-functional teams including Product Development, Compliance and Operations.
• Communicate complex system and product changes in a structured and comprehensible manner to business stakeholders.
• Support business readiness activities, user training, and post-implementation validation.

Your Expertise:

• Minimum 5 years’ experience as a Business Analyst within a financial-services or investment-administration environment.
• Demonstrated experience working with Linked Investment Products (LISP), Investment Platforms, or Wealth Management Systems.
• Strong working knowledge of South African investment regulations and industry practices (FAIS, FICA, TCF, CISCA, ASISA guidelines, PDD etc.).
• Proven involvement in platform migration, system implementation, or data-migration programmes.
• Advanced testing ability with exposure to structured testing tools (e.g., HPQC, Jira, or similar).

Qualifications:

• Relevant tertiary qualification in Finance, Investments, Business Analysis, or Information Systems.