Senior Business Analyst - Banking Solutions

Placements24; Vereeniging; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional growth opportunities

Public holidays & wellness programs

Job summary

Placements24 is seeking a Senior Business Analyst in Vereeniging, Gauteng to bridge business needs and technology in the Banking & Finance sector. You will gather requirements, model processes, and translate them into IT specifications for delivery.

The role centers on banking operations, system analysis, and delivering complex projects. You will mentor juniors, collaborate with stakeholders at all levels, and support post-implementation success in a hybrid work setting.

Qualifications

• Bachelor's degree in IT, CS, Business Admin or related field.
• Minimum 5 years as a Business Analyst in Banking & Finance.
• Experience gathering requirements and modeling processes.
• Strong understanding of banking products and operations.
• Proficient in UML and BPMN; familiar with agile and waterfall.
• Excellent communication and stakeholder facilitation skills.

Responsibilities

• Elicit, analyze, and document business requirements from stakeholders.
• Translate needs into functional and non-functional specs for IT.
• Facilitate workshops with business users and technical teams.
• Analyze processes and identify improvement/automation opportunities.
• Create user stories, use cases, and process diagrams.
• Collaborate with project managers, developers, and testers.
• Support UAT and system implementation; provide post-implementation support.
• Mentor junior analysts and share knowledge.

Skills

Stakeholder management

Requirements gathering

Process modeling

Analytical thinking

Communication

Agile & Waterfall

Education

Bachelor's degree in Information Technology

Bachelor's degree in Computer Science

Bachelor's degree in Business Administration

Tools

UML

BPMN

Job description

About the Role

Our client, a leading player in the Banking & Finance sector, is seeking a talented and experienced Senior Business Analyst to join their innovative team in Vereeniging, Gauteng. This role is instrumental in bridging the gap between business needs and technology solutions, focusing on enhancing banking products and services. You will be responsible for gathering and documenting business requirements, analyzing processes, and translating them into functional specifications for IT development. The ideal candidate will have a strong understanding of banking operations, system analysis, and a proven track record of successfully delivering complex projects. We are looking for a proactive problem-solver with excellent communication skills who can collaborate effectively with stakeholders at all levels. This position offers a fantastic opportunity to shape the future of digital banking solutions in Gauteng.

Key Responsibilities

• Elicit, analyze, and document business requirements from various stakeholders.
• Translate business needs into detailed functional and non-functional specifications for IT systems.
• Facilitate workshops and meetings with business users and technical teams.
• Analyze existing business processes and identify opportunities for improvement and automation.
• Develop user stories, use cases, and process flow diagrams.
• Collaborate with project managers, developers, and testers throughout the project lifecycle.
• Conduct user acceptance testing (UAT) and support system implementation.
• Provide post-implementation support and troubleshoot issues.
• Stay current with industry trends and best practices in business analysis and banking technology.
• Mentor junior business analysts and contribute to team knowledge sharing.

Requirements

• Bachelor's degree in Information Technology, Computer Science, Business Administration, or a related field.
• Minimum of 5 years of experience as a Business Analyst, with a focus on the Banking & Finance industry.
• Proven experience in requirement gathering, process modeling, and system analysis.
• Strong understanding of banking products, services, and operational processes.
• Proficiency in business analysis tools and methodologies (e.g., UML, BPMN).
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication, facilitation, and interpersonal skills.
• Ability to work effectively in a hybrid work environment and collaborate with remote teams.
• Experience with Agile and Waterfall development methodologies.
• Located in or able to commute to Vereeniging, Gauteng , with a requirement for some in-office presence.

Benefits

• Competitive salary and performance incentives.
• Comprehensive medical aid and retirement fund.
• Opportunities for professional growth and training in cutting-edge technologies.
• A dynamic and collaborative team environment.
• Exposure to innovative banking solutions and projects.
• Paid time off and public holidays.
• Employee wellness programs.
• Potential for career progression within the organization.
• Study leave for relevant certifications.
• Team-building events.