IT Quants Business Analyst

Rand Merchant Bank; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Rand Merchant Bank is seeking an IT Quants Business Analyst in Johannesburg. The role involves designing solutions, conducting data analysis, and collaborating with stakeholders to meet business needs. Ideal candidates will have 5-8 years of experience in financial services and a background in risk management.

Benefits

Opportunities to network and collaborate

Opportunities to innovate

Qualifications

• 5 to 8 years’ experience in financial services or client service industry.
• Background in Financial Risk Management or Credit Risk Management.

Responsibilities

• Design, specify, build, configure, and test solutions.
• Conduct advanced data analysis and develop complex algorithms.
• Act as a bridge between business and IT development teams.

Skills

Data Analysis

Risk Management

Excel

Agile Methodology

Business Architecture

Job description

Job Location : Gauteng, Johannesburg
Deadline : June 20, 2025

Job Description

Hello Future IT Quants Business Analyst

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. United by our proud heritage, strong ethics, and philosophy of traditional values, innovative ideas, it’s the magic of our people and culture that sets us apart.

Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Your responsibilities include designing, specifying, building, configuring, and testing solutions to deliver the necessary capabilities to the business, enabling quality solutions and a client-centric approach. These include pricing and risk management solutions along with related IT processes.

Are You Someone Who Can :

• Manage applications that integrate across business areas.
• Work with Excel prototypes to value trades; intermediate knowledge of Excel required.
• Investigate, analyze, and document all or part of a business area in terms of functions and processes, identifying business needs and providing effective solutions.
• Support ongoing updates in Agile projects based on continuous feedback.
• Act as a bridge between the business and IT development teams.
• Evaluate and document business architecture, conduct feasibility studies, risk assessments, prototypes, write proposals, and create functional requirements for new applications and major changes, including comprehensive test plans and coordination.
• Document implementation plans and ensure successful deployment, including post-implementation reviews.
• Conduct advanced data analysis and develop complex algorithms.
• Collaborate with stakeholders to identify business requirements and expected outcomes.
• Model business scenarios, identify relevant data sources, and support data collection, integration, and retention.
• Solve analytics problems, communicate results, and develop experimental designs to validate findings.
• Apply appropriate algorithms to discover patterns, ensure data validity, and comply with regulatory policies.
• Present findings clearly to business teams and provide metrics to monitor project performance, troubleshooting and enhancing systems as needed.

You Will Be An Ideal Candidate If You :

• Have 5 to 8 years’ experience in financial services or client service industry within an IT Quant Business Analyst environment.
• Possess a background in Financial Risk Management or Credit Risk Management in the investment banking sector.

You Will Have Access To :

• Opportunities to network and collaborate.
• Opportunities to innovate.

We Can Be a Match If You Are

• Curious & courageous — driven by a desire to learn and brave enough to explore new ideas.
• Obsessed with mastery — committed to becoming skilled and continuously improving.