Business Systems Analyst Forex

Recruiter:

Network Recruitment International

Job Ref:

NCM000232/JN

Date posted:

Tuesday, July 26, 2022

Location:

Johannesburg, South Africa

Salary:

550 Hourly

JOB SUMMARY:
The systems analyst is responsible to convert business initiatives into world class IT Solutions. The systems analysis and design efforts will extend to both existing and/or new systems and databases.
The systems analyst is responsible to research problems, plan solutions, recommend solutions and coordinate development to meet the needs of business/other external stakeholders.
The System Analyst will interact with product owners, business analysts or solution strategists (when outsourced to business) and the QA Team. The Systems Analyst will also be required to interact with other project team members like vendors (for COTS systems), project managers, project sponsors, product managers and project stakeholders.
The role will require several speciality domains as enumerated below. Each individual project may require one or more of the undermentioned functions to be performed.,. and the analyst may specialise in all or several of these functions.

JOB DESCRIPTION:

Qualifications
Degree or Diploma and/or CBAP Certification.

Experience
7 to 10 years relevant systems analysis experience, as enumerated above.
4 to 5 years Payments and Forex industry domain experience
Strong working knowledge of Use Cases and UML.
Exposure to the system or applications being developed would be an added advantage.
All elements that make up the Forex IT infrastructure.
Development and Production Incident Management.
Scope Change Management.

Systems Analyst Responsibilities:
Responsible for the analysis and design of new systems, major enhancements to existing systems and general maintenance of systems.

Leading and facilitating requirements gathering sessions across both the business and technological domain to produce functional and system specifications. Ensure that functional / systems requirements represents a common view among end-users.
Participate in system design sessions to arrive at an optimal solution. Assist with the identification of risks and issues within the project(s) and mitigation strategies.

In conjunction with the Systems Architect or Developer, analyse and design:
- integration files or messages (e.g. web service definitions, XML schemas, business functions, flat file or delimited files, API’s etc.)
- help design and update system configurations (outside of the production environment)
- write SQL queries (not embedded in code), interrogate database tables for analysis purposes and assist in designing database structures
- analyse and participate in systems functional design sessions for ‘run the bank’ enhancements and upgrades or migrations which require functional expertise / analysis
- participate in systems functional design sessions for ‘change the bank’ and ‘grow the bank’ initiatives as well as brand new products or capabilities
Examine and analyse current process flows and recommend solutions for improving and restructuring processes required to meet business objectives, and to address industry changes and/or opportunities.
Guide suggestions for appropriate solutions taking into account cost, risk, delivery and feasibility.
Modelling system designs to meet business objectives. These will include behavioural and structural UML diagrams (like use case diagrams, activity diagrams, sequence diagrams, timing and state machine diagrams, component diagrams, as well as ERD diagrams and interface diagrams when needed).
Ensure that requirements models and analyses is done per internationally accepted best practices (Use Case modelling and UML 2.5).
Modelling and designing screens for usability, documenting screen flows and designs.
Where business requirements or user stories have already been provided, interpret and provide system solutions to meet the requirement, along with the functional and system documentation.
Where business requirements or user stories are not available, must be able to work and co-create with the business stakeholders and to run with a project end to end by applying sound payments industry knowledge and research into the industry and engaging subject matter experts that can provide answers.
Assist with problem analysis and resolution.
Interfacing across all teams involved in the project as needed,
e. all applicable stakeholders external, internal and product heads (e.g. Subject Matter Experts, QA, Architecture, Process Engineering, external project teams, change management teams).
Assist QA team by reviewing test cases and scenario’s, and assist the QA teams in identifying final system tests to validate that requirements have been met.

May be required to perform sanity / acceptance tests to ensure the requirement, as documented, has been met, as needed.

Attend and actively contribute towards the SA Forum/ Community of Practice.
Will ideally have exposure to working within a disciplined agile or other agile environment where project deliverables are put into production at least monthly or more often.

Cross Border Payments Industry Experience:

Must have a solid understanding of traditional and emerging cross border payment rails, like Swift.
Should ideally have a solid understanding of the ISO20022 payments message standards (i.e. PAIN, PACS and CAMPT messages) as well as the equivalent Swift MT100, 200 and 900 series messages).
Exposure to SAMOS and cross border local market infrastructure RTGS payments will also be beneficial.
Understands and keeps abreast of the payments modernisation industry changes.
Understanding and facilitating requirements sessions that include financial payment flows and postings to internal financial accounts.

Other

Drive business profitability in the context of cost management through Information technology solutions.
Articulate and document functional and systems requirements in a manner which is understood by all stakeholders and which is at the appropriate level of detail.
Ensure that all requirements are documented within agreed deadlines, signed off by stakeholders timeously and always up to date on the Wiki.
Ensure all artefacts delivered are peer and stakeholder reviewed regularly.
Ensure that all work is of high standard.
Ensure that all deadlines are met for any work committed to.
Ensure that all work done meets customer (business) expectations.
Actively participate in daily stand-up meetings.

Top 5 non- negotiable skills over and above the JD –

Must be able to work with minimal supervision. Must have International /cross-border payments experience. Experience with ISO 20022 highly advantageous. Must have exposure to SQL, XML/web services, integration experience, and exposure to relational databases, should be able to spec using UML, must be capable of performing analysis in the business, functional and solution design space.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Business / Systems Analyst
Location: Pretoria
Salary:
Hiring Now: business/systems analystPurpose of the Role: Analyse business requirements and system processes, ensuring effective translation into technical solutions for the ICT Services Programme over 36 months.
25 days ago

Senior Business Analyst (Fintech/Payment Systems) - (PERMANENT)
Location: Sandton
Salary:
2 days ago

Intermediate Business Analyst (Fintech/Payment Systems) - (PERMANENT)
Location: Sandton
Salary:
2 days ago

Operations Manager (Business and Systems Analyst Functions)
Location: Johannesburg
Salary:
80 days ago

Business Development Manager â Low Pressure Systems
Location: Johannesburg
Salary: Monthly
Our client based in the East Rand is seeking an experienced business Development Manager to join their team. The successful candidate will be responsible for driving new business growth, managing key client relationships, and expanding market presence within the Low-Pressure systems sector.This role focuses on identifying new opportunities, developing tailored solutions, and achieving sustain...
44 days ago

Business Intelligence, Analysis & Systems Manager
Location: Johannesburg
Salary:
ð¡ Strategic Tech Leader Wanted: Master of Data & systems Transformation ðAre you a highly experienced and dynamic business Intelligence and systems Manager ready to drive strategic growth in a core industrial sector?
11 days ago

Operations Support Analyst
Location: Johannesburg
Salary: R200 000.00 Annually
Stratlab – Where Talent Meets Its People.We connect brilliant minds with companies that actually get them. Serious about growth, light on the drama. We’re currently looking for an Operations Support analyst, someone who thrives in high-impact, problem-solving work and wants to make a real difference in global tax and compliance.At Stratlab, we focus on culture fit, long-term impact, an...
1 day ago

Business Analyst
Location: Sandton
Salary:
1 day ago

Sales Data & Pricing Analyst
Location: Boksburg
Salary:
1 day ago

Senior Business Analyst
Location: Johannesburg
Salary: 960 000 Annually
As the year wraps up and we step into a season of celebration, my client is looking to gift their team with an exceptional Senior business analyst. Join a bright, innovative squad building South Africa’s leading property platform, a place where big ideas, problem-solving magic, and cutting-edge technology come together like the perfect holiday recipe.
2 days ago

Business Systems Analyst Forex

Similar jobs you might be interested in:

Create a free job alert for Business Systems Analyst Forex in Johannesburg