Systems Analyst Financial Surveillance - #336821

Be Different Recruitment

Date: 2 weeks ago
City: Soweto, Gauteng
Contract type: Full time
Reference: JHB006290-MM1-1

**NOTE: This is a hybrid work model (2 days in office)

One of our clients in the banking sector, based in Johannesburg is urgently looking for a Systems Analyst to be responsible to convert business initiatives into world class IT Solutions, analyse and design efforts will extend to both existing and/or new systems and databases.
Responsible to research problems, plan solutions, recommend solutions and coordinate development to meet the needs of business / other external stakeholders. Interact with product owners, business analysts or solution strategists (when outsourced to business) and the QA Team and also be required to interact with other project team members like vendors (for COTS systems), project managers, project sponsors, product managers and project stakeholders.

In order to be considered the following is required:
  • Degree or Diploma and/or CBAP Certification
  • 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
  • Solid understanding of cross border Balance of Payments reporting (Financial Surveillance), exchange controls and similar cross border payments controls
  • Experience with integration technologies or functionalities that interfaced with the SARB / Finsurv
  • Experience in cross border payments / Forex beneficial
  • 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:
  1. Integration files or messages (e.g. web service definitions, XML schemas, business functions, flat file or delimited files, APIs)
  2. Help design and update system configurations (outside of the production environment)
  3. Write SQL queries (not embedded in code), interrogate database tables for analysis purposes and assist in designing database structures
  4. Analyse and participate in systems functional design sessions for "run the bank" enhancements and upgrades or migrations which require functional expertise / analysis
  5. 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 i.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 scenarios 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
  • 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
If you would like to email your CV directly – please send it to [email protected]
Information displayed above not limited to advertisement.
Please consider your application as unsuccessful if you have not received a response within 14 days of submitting your application. However, please keep a lookout on our website,, for available positions which you may be suited for.

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