Business Analyst (Relocation to Spain)

Remote Recruitment; South Africa; On-site; ZAR 816,000 - 1,225,000; Full time

Job summary

A leading recruitment firm is seeking a motivated Business Analyst to join an international banking initiative based in Málaga, Spain. This role involves re-engineering lending processes and ensuring effective communication between users and IT teams. Candidates should have strong analytical skills, experience in corporate financial services, and a willingness to relocate. Excellent English communication is mandatory. This is an excellent opportunity to grow in a dynamic, global banking environment.

Qualifications

• Minimum 1 year experience as a Business Analyst in financial services.
• Knowledge of Corporate & Investment Banking products.
• Solid understanding of accounting principles.
• Excellent written and verbal communication in English.

Responsibilities

• Gather and document business requirements.
• Collaborate on process design and improvements.
• Act as a liaison between users and IT.
• Define and execute test plans.

Skills

Analytical skills

Communication skills

Teamwork

Problem-solving

Detail-oriented

Tools

JIRA

Microsoft Teams

Job description

Job Overview

We are looking for a motivated and detail-oriented Business Analyst to join an international banking initiative based in Málaga, Spain. This role focuses on re-engineering end-to-end lending processes and integrating retail loan systems into a global solution. You will act as the vital link between users and IT teams, ensuring business needs are translated into effective solutions.

If you have strong analytical skills, enjoy working closely with stakeholders, and are eager to contribute to large-scale transformation projects, this is a fantastic opportunity to grow your career in a dynamic global environment.

Key Responsibilities

• Gather, validate, and document business requirements to create clear, actionable specifications.
• Collaborate with IT and business teams to design new processes and system improvements.
• Act as the link between end users and development teams to ensure smooth communication and delivery.
• Define and execute test plans to validate that software solutions meet functional requirements.
• Support business transition initiatives and contribute to organisational change.
• Assist in resolving service incidents and provide ongoing user support.
• Actively participate in Agile ceremonies (dailies, sprint planning, reviews, retrospectives) to foster continuous improvement.

Qualifications and Experience

Required:

• Minimum 1 year of experience as a Business Analyst in a corporate or financial services environment.
• Knowledge of Corporate & Investment Banking products (Loans, RPPs, Insurance, etc).
• Solid understanding of accounting principles.
• Strong analytical and problem-solving skills, with the ability to work under pressure.
• Excellent communication skills in English (both written and verbal).
• Experience with tools such as JIRA and Microsoft Teams.
• Highly organised, detail-focused, and able to document processes effectively.
• Strong teamwork and interpersonal skills.

Preferred

• Experience with LoanIQ or similar loan management systems.
• Prior exposure to global solution implementations in banking.
• Knowledge of insurance products.
• Familiarity with the Santander ecosystem or other multinational financial institutions.

Other Requirements

• Willingness to relocate to Málaga, Spain.
• Availability to start from 1st October.