Senior Business Analyst - Risk Management and Capital Markets

About the position

• Contribute to crafting of IT departmental business plan to ensure delivery of focus areas for the year in support of IT strategy
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets
• Provide relevant input into the formalisation of the divisional budget
• Manage allocated budget by tracking costs and recommending solutions that meet critical business needs
• Provide guidance to the business on best system solution selection to ensure fit to the client`s requirements and meet the future strategic objectives
• Champion Business Analyst services with stakeholders
• Observe and be involved in the day to day operations to understand the business domain and business needs and requirements of relevant stakeholders
• Provide insight regarding BA methodologies and best practices to internal clients to enable a BA presence within the group
• Maintain and build relationships with Business Owners to ensure the BA team is consulted and involved in initiatives that may require IT support
• Determine business requirements and actively manage key projects to ensure expectations are met
• Conduct Business Owner feedback sessions with every milestone phase of a project to inform business of progress, manage business expectation proactively and measure the effectiveness of Business Process Improvement
• Build relationships with other IT teams, like Enterprise Architecture and other key counterparts
• Ensure regular engagement (as needed) with all stakeholders to gain visibility and maintain relationships through networks utilising social media, attending and presenting at conferences and training interventions
• Build strategic / Industry/ Global network of thought leaders and relationships utilising social media, attending and presenting at conferences and training interventions
• Meet stakeholder needs accurately by following the Business Analyst process flow methodology to maintain quality and consistency of service provided
• Manage stakeholder relationships by communicating openly and honestly with regards to project status
• Manage own delivery on multiple and/or complex projects against departmental delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required
• Receive request from business to start new project and conduct stakeholder analysis to clearly define the relevant people required for information gathering
• Gather supporting information by holding interviews, conducting surveys, running workshops and reviewing existing documents and information
• Draft a full system requirements plan to detail the activities and outputs
• Execute the requirements plan in alignment with Software Development Lifecycle process to ensure compliance
• Obtain system project classification by presenting the business requirement to the initiation forum
• Conduct a cost and benefit analysis to assess the feasibility of the requirements
• Produce a business case study by assessing solution options, considering costing and risks to formulate a recommendation
• Support the business sponsor to develop and present the business case
• Create the business requirements specification document to confirm clarity of business scope
• Create the functional requirements specification document to translate the business requirements into functional requirements
• Present functional requirements specification to all stakeholders to validate the requirements and solution
• Recommend the most effective course of action after evaluating options against decision criteria
• Provide regular feedback and progress to all stakeholders on current projects
• Review the technical design specifications to check that all requirements are included
• Review the test cases to ensure that it covers all scenarios related to the functional requirements
• Assist the development team and testers to perform root cause analysis for any functional defects
• Perform adhoc functional testing for quality assurance
• Ensure correct utilisation of solution developed by creating user training manuals
• Assist business by project co-ordination of deliverables for small initiatives
• Proactively or by request identify obstacles to performance relating to process flow and identify opportunities for optimisation
• Assist users in being effective by utilizing the new solution productively
• Partner with the project manager/lead to contribute to the development of the Senior Business Analysts role and delivery plan (proactivley being involved upfront to just confirm the scope of the Senior Business Analyst's end-to-end role in the project to mitigate any risk of misunderstanding of who will be doing what) to ensure a successful solution delivery output
• Reduce time spent on projects by elicitation, analysis and optimisation of business requirements
• Contribute to BA COE practice development by presenting courses to the team
• Improve personal capability and professional growth relating to field of expertise, in line with the client`s objectives by discussing development needs and proposed solutions with management
• Keep abreast of changes in legislation or standards by conducting research and utilizing networks
• Up skill team and other professionals by sharing knowledge and research results
• Epitomise living the company`s values, displaying professional conduct and adherence to required technical standards
• Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and clients results

Minimum Requirements

• Bachelor's degree or Diploma in IT or Engineering
• Business Analyst Certification from a reputable institution
• +7 years' experience in the BA field with a focus on in Capital Markets and Risk Management
• Candidates must come from the Financial Sector
• Gather Business Knowledge
• Must be able to collaborate with Internal Stakeholders effectively

Desired Skills:

• Business analysis
• Capital Markets
• Risk Management
• Financial expertise
• Process Engineering

Desired Qualification Level:

• Degree