IT Business Analyst

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

Job summary

A leading recruitment firm seeks an IT Business Analyst responsible for defining requirements and managing the Murex product suite. This role requires expertise in credit processes, strong Excel skills, and 2-5 years of practical experience in relevant projects, ideally within investment banking. The candidate will analyze business processes, document workflows, and support project implementation to ensure alignment with business architecture standards.

Qualifications

• 2 - 5 years of experience in major projects related to credit business.
• Strong background in implementation of build and buy business solutions.
• Ability to engage in technical discussions.

Responsibilities

• Define requirements and manage the Murex product suite.
• Analyze gaps between current and future business models.
• Support credit business architecture standards.

Skills

Excel skills

Understanding of credit processes

Business analysis

Project management

Education

Relevant degree or qualification

Job description

About the job IT Business Analyst

Key purpose:

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

Duties and responsibilities:

• The Credit Business Analyst will take responsibility for defining requirements and product sets for configuration and maintenance of existing modules of the Murex product suite. Currently this suite comprises the Murex Limits Controller, and Basel II Credit Capital Calculator modules.
• This will require an overall and in-depth understanding of credit processes, systems, information requirements, flows and functional system requirements.
• Builds, develops, and maintains the business processes for Credit to help identify and understand the workings of the business, and thereby to derive the business requirements and constraints that the resultant systems implementations must address (Including current and to-be business processes). Continuously updates and aligns the to-be business processes as business changes.
• Determine the impact of change of proposed projects on the business and on the IT systems supporting the business. Perform impact assessments on new requirement and the impact on upstream and downstream systems.
• During analysis ensure that the full end to end Credit system and their dependencies have been assessed.
• Supports the Credit Business Architecture and conforms to the RMB Business Architecture standards.
• Analyze the gaps between the current and future state to determine the extent of change required to realize the future state objective.
• Identifies processes in need for re/design (e.g. due to inefficient operations) and identifies options to improve them gaining stakeholder buy-in.
• Document the end-to-end Credit process flows with reference to existing documentation generated to date i.e. capture the activities performed in a business process, inputs, outputs and resources used for those activities, including performance measures.
• Supports the efficiency measures and targets of end-to-end Credit processes including touch points in Business Units.
• Assisting project teams with touch points in the Murex configuration to translate business needs into system functionality Defining report requirements, functional and process specifications for business and IT changes, as part of the overall definition of solutions to support business needs.
• Understanding existing systems and all inter-dependencies (As Is analysis).
• Analyzing business processes and system requirements, with ability to propose re-engineering or optimization of processes.
• Ensure projects within credit business architecture are aligned and delivered to achieve the to-be architecture. Following same definitions, business rules etc.
• Understanding functional and technical system specifications to be able to identify business solutions, opportunities, and system limitations.
• Applying and influencing the use of Business Architecture guidelines to ensure consistent and high-quality business requirements/functional/process specifications for any solution.
• Assisting Technical Designers in translating the business requirements and functional/process specifications into detailed technical requirements.
• Overseeing functional, integration and user acceptance testing activities to ensure that the delivered solution meets agreed business requirements and functional / process specifications.
• Identifying proactively operational problems and proposing solutions. Interfacing with other Business Analysts and Project Managers.
• Working closely with the technical architects in defining the systems landscape in Credit. Challenging business demands and identifying duplications or redundant needs across Credit.
• Creating, developing, and maintaining a Credit business information model and guidelines for data input, processing, and output.
• Provide expert advice to resources in Credit. Keeping abreast with changes in the business, in credit management and best practices.

Qualifications and experience:

• Relevant degree or Qualification Excellent excel skills are required for creating and maintain test packs and test scenarios
• 2 - 5 years demonstrated practical experience in major projects / areas with relevant exposure to the credit business
• Strong background in implementation of build and buy business solutions
• Ability to have a technical discussion
• Experience in the investment banking sector Preferred