IT Business Analyst

Boardroom Appointments; Sandton; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company is seeking an IT Business Analyst responsible for defining requirements for the Murex product suite. The candidate will analyze business processes, support system implementations, and propose improvements aligned with credit business architecture. Ideal for individuals with practical experience in credit business and strong Excel skills, it's an excellent opportunity to shape efficiency in a dynamic environment.

Qualifications

• 2-5 years of practical experience in major projects related to credit business.
• Strong background in implementing build and buy business solutions.
• Experience in investment banking sector preferred.

Responsibilities

• Define requirements and product sets for configuration of Murex modules.
• Analyze credit processes to propose improvements and ensure project alignment.
• Support testing activities to ensure solution meets business requirements.

Skills

Excel

Credit Analysis

Business Process Improvement

Stakeholder Engagement

Impact Analysis

Requirements Analysis

Education

Relevant degree or qualification

Job description

About the job: IT Business Analyst

Key purpose:

The Credit Business Analyst will be responsible for defining requirements and product sets for configuration and maintenance of existing modules of the Murex product suite.

Duties and responsibilities:

• Define requirements and product sets for configuration and maintenance of Murex modules, including the Limits Controller and Basel II Credit Capital Calculator.
• Develop an in-depth understanding of credit processes, systems, information flows, and functional requirements.
• Build and maintain business processes for Credit to identify and understand business workings, deriving requirements and constraints for system implementation, including current and future processes.
• Assess the impact of proposed projects on business and IT systems, performing impact analyses on new requirements and system dependencies.
• Ensure comprehensive assessment of end-to-end Credit systems and their dependencies during analysis.
• Support Credit Business Architecture, aligning with RMB standards.
• Identify gaps between current and future states, determining necessary changes to achieve future objectives.
• Identify processes needing redesign due to inefficiencies and propose improvements with stakeholder buy-in.
• Document end-to-end Credit process flows, including activities, inputs, outputs, resources, and performance measures.
• Support efficiency measures and targets for Credit processes, including touchpoints in Business Units.
• Assist project teams with Murex configuration to translate business needs into system functionalities, including reporting and specifications.
• Understand existing systems and their interdependencies (As-Is analysis).
• Analyze and propose re-engineering or process optimization.
• Ensure projects align with the credit business architecture and standards.
• Understand system specifications to identify solutions, opportunities, and limitations.
• Apply Business Architecture guidelines to ensure high-quality requirements and specifications.
• Assist technical teams in translating requirements into detailed technical specifications.
• Oversee testing activities to ensure solutions meet business requirements.
• Proactively identify operational problems and propose solutions, collaborating with Business Analysts and Project Managers.
• Work with technical architects to define the Credit systems landscape, challenging redundant needs.
• Create and maintain a Credit business information model and data guidelines.
• Provide expert advice in Credit, staying updated on industry practices.

Qualifications and experience:

• Relevant degree or qualification; excellent Excel skills for creating and maintaining test packs and scenarios.
• 2-5 years of practical experience in major projects related to credit business.
• Strong background in implementing build and buy business solutions.
• Ability to engage in technical discussions.
• Experience in investment banking sector preferred.