Financial Business Analyst

Falcorp Resources; Johannesburg; On-site; ZAR 30 000 - 70 000; Full time

Job summary

An established industry player is looking for a skilled Business Analyst with a strong background in financial services. This role involves collaborating with clients to gather requirements, conducting stakeholder analyses, and translating business needs into actionable specifications for development teams. The ideal candidate will possess excellent interpersonal skills and a knack for problem-solving, ensuring that solutions align with client objectives. Join a dynamic team where your analytical skills will drive impactful business outcomes and contribute to innovative solutions in a supportive environment.

Qualifications

• 5+ years of experience in Business Analysis, especially in financial services.
• Strong understanding of stakeholder engagement and requirements gathering.

Responsibilities

• Collaborate with clients to gather product requirements and facilitate workshops.
• Translate business needs into detailed specifications for development teams.

Skills

Business Analysis

Stakeholder Engagement

Data Analysis

Communication Skills

Problem Solving

Education

Bachelor's Degree in Business or related field

Tools

Visio

JIRA

Confluence

Azure DevOps

Figma

Job description

Summary

We are seeking a Business Analyst with at least 5 years of experience in a Business Analysis role, including a minimum of 3 years within the financial services industry, such as long-term insurance, investments, wealth management, healthcare administration, or employee benefits. Technical skills are an added advantage.

Position Details

Pre-Sales Analysis / Product Support

• Collaborate with the Delivery Manager and Client to gather comprehensive product roadmap and backlog requirements.
• Work with the Project Manager to analyze client requirements, scope, and effort for commercial engagement.
• Contribute to modeling activities, including providing input to business cases.
• Conduct product demonstrations and support sales efforts.

Business Requirements Analysis

• Engage with stakeholders to understand objectives and clarify needs or opportunities.
• Perform stakeholder and competitor analyses.
• Review, validate, and develop user stories based on requirements.
• Apply relevant data analysis techniques across business, software, or information levels.
• Facilitate sessions and workshops to gather process and requirement information.
• Work with stakeholders and developers to elicit functional and non-functional requirements.
• Translate business needs into detailed specifications for architects, developers, and testers.
• Participate in scope planning and prioritization.
• Map requirements to existing system functionality and identify gaps.
• Analyze and redesign business processes, including data flows.
• Prepare user stories and prototypes for new services and enhancements.
• Identify constraints and collaborate on designing optimal solutions within these constraints.
• Create functional requirement specifications and manage them with traceability matrices.

Development

• Translate business requirements into specifications for development teams.
• Maintain feature documentation for UAT and production.

Internal & User Acceptance Testing

• Assist in translating requirements into test scenarios and reviewing test plans.
• Validate that delivered functionalities meet requirements.
• Support defect resolution and test result validation.
• Help clients develop UAT test plans and provide sign-off after delivery.

Transition to Support

• Develop training materials and deliver training sessions.
• Assist in reviewing or developing user guides.

Post-Implementation Review

• Participate in post-implementation review sessions.

Business Analysis Competence Role

• Develop and manage analysis methodologies, templates, and standards, providing leadership to the team.

Soft Skills

Interpersonal skills, stakeholder engagement, strong communication, negotiation, conflict management, motivation, self-drive, results orientation, analytical aptitude, customer focus, logical and critical thinking, attention to detail, process orientation, applied learning, quality focus, verbal and written communication, facilitation, problem-solving, self-management, ambiguity resolution, technical understanding, and familiarity with tools such as Visio, Bizagi, Aris, Invision, Figma, JIRA, Confluence, Azure DevOps, and business analysis techniques like requirements gathering, process modeling, and solution architecture.