System Analyst

IQbusiness; Wes-Kaap; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading technology firm in South Africa is seeking a detail-oriented System Analyst to support and enhance banking systems. The ideal candidate will analyze processes, propose improvements, and bridge the gap between business units and technical teams. The role requires a bachelor's degree, 4+ years of experience, and proficiency in SQL and banking regulations. Join us in fostering sustainable growth and transformation.

Qualifications

• 4+ years of experience as a System Analyst, preferably in banking or financial services.
• Strong understanding of Core Banking, AML/KYC systems, Digital Banking.
• Familiarity with system integration, APIs, and middleware.
• Knowledge of PCI-DSS, GDPR, or local banking regulations.

Responsibilities

• Analyze and evaluate current banking systems, including core banking and CRM.
• Gather, document, and validate business and technical requirements.
• Translate business needs into functional specifications for IT teams.
• Conduct impact analysis and risk assessments for new initiatives.
• Support system design, configuration, testing, and deployment.

Skills

Banking processes knowledge

SQL proficiency

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor’s degree in computer science, Information Systems, or related field

Tools

Data analysis tools

Reporting tools

Job description

Job Summary

iqx the Technology Division of iqbusiness is seeking a detail-oriented and experienced System Analyst to support and enhance our banking systems. The ideal candidate will analyze current systems and processes, propose improvements, and act as a bridge between business units and technical teams to ensure solutions align with business goals and compliance standards.

Required Qualifications & Skills

• Bachelor’s degree in computer science, Information Systems, or a related field.

• 4+ years of experience as a System Analyst, preferably in the banking or financial services sector.

• Strong understanding of banking processes and systems (e.g., Core Banking, AML/KYC systems, Digital Banking).

• Proficiency in requirement gathering, business process modeling, and writing technical documentation.

• Experience with SQL, data analysis tools, and reporting tools.

• Familiarity with system integration, APIs, and middleware.

• Knowledge of regulatory requirements such as PCI-DSS, GDPR, or local banking regulations.

• Excellent analytical, problem-solving, and communication skills.

• Ability to manage multiple projects in a fast-paced environment.

Key Responsibilities

• Analyze and evaluate current banking systems, including core banking, CRM, and digital banking platforms.

• Gather, document, and validate business and technical requirements from stakeholders.

• Translate business needs into functional specifications for IT teams and third-party vendors.

• Support system design, configuration, testing, and deployment.

• Coordinate with developers, QA teams, and users during implementation phases.

• Conduct impact analysis and risk assessments for new initiatives or changes.

• Assist in UAT (User Acceptance Testing) planning and execution.

• Monitor system performance and recommend enhancements.

• Ensure systems comply with security standards and regulatory requirements.

• Create user manuals, technical documentation, and training materials.

• Provide Level 2 support for banking applications as needed.

Please Note: As all iqbusiness roles require honesty in the handling of or access to cash, finances, financial systems, or confidential information; our recruitment process requires that the following background checks be completed: credit, criminal, ID, and qualification verification.

iqbusiness is committed to sustainable growth and transformation, we embrace diversity and employ previously disadvantaged individuals