OM Bank - Senior Business Analyst

Old Mutual; Johannesburg; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading financial services group in Johannesburg is seeking an experienced Business Analyst with a strong retail banking background to analyze and document business requirements. The ideal candidate will work in Agile teams to ensure the successful implementation of banking systems, focusing on customer experiences. This role offers an opportunity to contribute to innovative banking solutions while enhancing operational efficiency.

Qualifications

• 4+ years of proven experience as a Business Analyst in Retail Banking.
• At least 3 years working on Agile projects.
• Experience in fraud and/or AML is advantageous.

Responsibilities

• Collaborate with Product Owners to document business requirements.
• Conduct user acceptance testing for system performance.
• Identify opportunities for process improvements.

Skills

Adaptive Thinking

Analytics Software

Business Requirements Analysis

Computer Literacy

User Requirements Documentation

Education

NQF Level 7 - Degree

Job description

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

At OM Bank, we strive to attract great people who are passionate about coming together for a higher purpose- building something unique and aspirational, always aiming to be the best they can be. We are rooted in our purpose of inspiring and enabling our customers to grow and sustain their prosperity.

We are seeking an experienced Business Analyst to join our team. The ideal candidate will have a proven Retail Banking track record, and will be responsible for analyzing and documenting business requirements, designing solutions, and ensuring the successful implementation of banking systems and processes.
The candidate will work in cross-functional Agile teams, including product owners, developers, testers, project managers, and other stakeholders (e.g. Risk) to identify customer and business needs, and translate them into requirements expressed as Use Stories, to ultimately deliver compelling Customer Experiences.

KEY RESULT AREAS

• Collaborate with Product Owners and other stakeholders to identify and document business requirements for banking systems and processes in an Agile environment
• Work with product owners and development teams to design and develop solutions that meet customer needs
• Analyze and translate business requirements into artefacts that define and express the requirements, including:
• User Stories
• Acceptance Criteria (Gherkin)
• Business Processes
• Business Rules
• Wireframes
• Data Requirements
• Run Grooming sessions
• Proactively manage project timelines, and deliverables, utilising and engaging in, Agile practices, including sprint planning, daily stand-ups, and retrospectives
• Conduct user acceptance testing and ensure that systems and processes are performing as expected
• Communicate with stakeholders to provide updates on status and ensure alignment with business goals and objectives
• Identify opportunities for process improvements and propose solutions to increase efficiency and effectiveness.

Domain Expertise:

Experience with system implementation, testing, and deployment, ideally in Retail Banking

• Demonstrated success in collaborating with cross-functional teams, stakeholders, and vendors
• Familiarity with regulatory compliance and risk management practices in the Retail Banking industry
• Retail Banking in general
• Digital Banking (online and mobile app)
• Savings and Current Accounts
• Retail Lending (including Personal Loans and Overdrafts)
• Fraud
• AML
• Card Chargebacks/Disputes

ROLE REQUIREMENTS

• 4+ years of proven experience as a Business Analyst, specifically in Retail Banking and retail lending, with a focus on digital banking systems and processes
• Retail Banking experience is essential
• Fraud and/or AML experience advantageous
• Card Chargebacks/Disputes experience advantageous
• At least 3 years working on Agile projects
• Skills and Qualifications:
• Relevant qualification - Degree, Diploma and/or Certification advantageous
• Knowledge of Agile methodologies and project management practices, including Scrum, Kanban, and Lean
• Excellent communication, collaboration, and problem-solving
• Ability to work independently and in a team environment in an Agile framework
• Strong analytical and critical thinking skills.

Skills

Adaptive Thinking, Analytics Software, Business Case Development, Business Intelligence (BI) Analysis, Business Requirements Analysis, Business Requirements Elicitation, Computer Literacy, Current State Assessment, Database Reporting, Data Compilation, Data Controls, Gaps Analysis, Readiness Assessments, Requirements Development, User Requirements Documentation

Competencies

Action Oriented Business Insight Cultivates Innovation Customer Focus Decision Quality Manages Complexity Nimble Learning Optimizes Work Processes

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

14 August 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!