Principal Business Analyst — Transformation Leader Cape Town

Placements24; Cape Town; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Placements24 is seeking a Senior/Principal Business Analyst to lead strategic initiatives in the Financial Services sector from our Cape Town office. You will bridge business needs and technology, mentor analysts, and drive value for clients.

Based in South Africa, you will engage with senior stakeholders, define scope, oversee UAT, and push process improvements across complex financial systems. You will coordinate with vendors and ensure regulatory alignment while contributing to the growth of

Responsibilities

• Lead the requirements gathering, analysis, and documentation process for complex financial systems.
• Define project scope, goals, and deliverables in collaboration with senior stakeholders.
• Mentor and guide a team of business analysts, fostering their professional development.
• Develop detailed functional and non-functional specifications for software development.
• Facilitate effective communication between business units, technology teams, and third-party vendors.
• Conduct user acceptance testing (UAT) planning and oversight.
• Identify process improvement opportunities and propose solutions to enhance operational efficiency.
• Manage stakeholder expectations.

Job description

Principal Business Analyst - Financial Services

About the Role Our client, a prestigious management consultancy, is looking for an experienced Principal Business Analyst to join their growing practice in Cape Town. 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 requirements gathering, analysis, and documentation process for complex financial systems.
• Define project scope, goals, and deliverables in collaboration with senior stakeholders.
• Mentor and guide a team of business analysts, fostering their professional development.
• Develop detailed functional and non-functional specifications for software development.
• Facilitate effective communication between business units, technology teams, and third-party vendors.
• Conduct user acceptance testing (UAT) planning and oversight.
• Identify process improvement opportunities and propose solutions to enhance operational efficiency.
• Manage stakeholder expectations and