Hybrid External Sales Consultant - Banking Growth

Absa Group; Cape Town; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Absa Group in Cape Town seeks a Principal Business Analyst to bridge business needs with technology in the financial services sector. You will lead client engagements, define requirements, create process models, and guide junior analysts to deliver measurable value.

You will leverage deep FS knowledge to influence solutions, ensure regulatory alignment, and mentor the team while collaborating with project managers and senior stakeholders.

Qualifications

• Bachelor's degree in Business, Finance, Information Systems, or a related field.
• 8+ years experience as a Business Analyst in financial services.
• Strong knowledge of banking and insurance sectors.
• Experience in client-facing engagements.

Responsibilities

• Lead analysis of complex business problems in financial services, identify root causes and opportunities for improvement.
• Define business requirements, functional specifications, and process models for client projects.
• Facilitate workshops and stakeholder meetings with business users, IT teams, and senior management.
• Develop and execute test plans ensuring solutions meet business needs and quality standards.
• Translate complex technical information into clear business documentation and presentations.
• Provide expert advice and guidance to clients on best practices in business analysis and process optimization.
• Mentor and guide junior business analysts and project team members.
• Collaborate with project managers to ensure scope, timelines, and deliverables are managed effectively.
• Analyze industry trends and regulatory changes impacting the financial services sector.
• Contribute to the development of client consulting methodologies and thought leadership.

Skills

Banking knowledge

Regulatory knowledge

Stakeholder management

Workshop facilitation

Education

Bachelor's degree in Business, Finance, Information Systems, or related field

Master's degree preferred

Job description

Principal Business Analyst - Financial Services

Our client, a prestigious management consultancy, is looking for a highly experienced Principal Business Analyst to join their growing practice in Cape Town, Western Cape. This senior role is crucial for delivering impactful business solutions to clients within the financial services sector. You will be responsible for bridging the gap between business needs and technological solutions, ensuring that projects align with strategic objectives and deliver measurable value. The ideal candidate possesses a deep understanding of financial services operations, regulatory requirements, and a passion for driving business improvements. This is a fantastic opportunity to shape strategic initiatives and work with some of the most influential financial institutions in South Africa. You will play a key role in client-facing engagements, acting as a trusted advisor and subject matter expert. This role is based in our client's vibrant Cape Town office.

Key Responsibilities

• Lead the analysis of complex business problems within the financial services industry, identifying root causes and opportunities for improvement.
• Define business requirements, functional specifications, and process models for diverse client projects.
• Facilitate workshops and stakeholder meetings with business users, IT teams, and senior management.
• Develop and execute test plans, ensuring that solutions meet business needs and quality standards.
• Translate complex technical information into clear, concise business documentation and presentations.
• Provide expert advice and guidance to clients on best practices in business analysis and process optimization.
• Mentor and guide junior business analysts and project team members.
• Collaborate with project managers to ensure project scope, timelines, and deliverables are managed effectively.
• Analyze industry trends and regulatory changes impacting the financial services sector.
• Contribute to the development of our client's consulting methodologies and thought leadership in financial services.

Requirements

• Bachelor's degree in Business, Finance, Information Systems, or a related field; Master's degree preferred.
• A minimum of 8 years of experience as a Business Analyst, with a significant focus on the financial services sector.
• In-depth knowledge of banking, insurance