Job Description

Brief description

The purpose of this position is to lead end-to-end business analysis services team to identify business needs, determine solutions and enable improvement in organisational processes within South African Reserve Bank’s (SARB) departments.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop comprehensive business cases for proposed solutions to the identified business problems and needs.
• Drive business analysis initiatives and lead a team on projects of a high-risk and multi-year nature characterised by an elevated level of solution complexity, from initiation to implementation.
• Develop a partnership role with business owners and interact with clients independently to define future business requirements, identify opportunities for optimisation and develop and propose solutions.
• Lead and present engagements with business customers, taking responsibility for managing the relationship and interface with the customer for the business analysis and optimisation streams.
• Lead the analysis/solution life cycle for initiatives, from problem identification to the management of change requirements and training.
• Engage in multiple initiatives simultaneously and consult with the relevant project managers and stakeholders.
• Provide quality assurance of the work and outputs of other business analysts.
• Provide substantive input to support other disciplines (e.g. systems development, project management and change management).
• Participate in external industry business analysis forums to contribute to developing and furthering the business analysis body of knowledge.
• Improve and standardise work processes during own work and ensure application of standards and methods are applied by the team.
• Support business architects in defining, analysing and developing the business architecture, reference model, framework and implementation roadmaps required to enable the strategy.
• Stay abreast of changes to analytical tools and methodologies and apply these in the course of own work.
• Actively develop own expertise and support and encourage the skills development of other business analysts to build a strong and competent team.
• Engage and influence stakeholders by negotiating timelines, deliverables, priorities and resources.
• Lead and manage a team of business analysts.

Job requirements

To be considered for this position, candidates must be in possession of:

• an Honours degree in Economics, Finance, Information Technology or an equivalent qualification;
• relevant Business Analysis diploma/certification; and
• eight years’ business analysis experience.

The following would be an added advantage:

• experience in banking or banking services back-office systems;
• ADONIS experience;
• ISO knowledge; and
• agile and waterfall methodology experience.

Additional requirements include:

• knowledge and skill in:

- information technology (IT) governance, risk and compliance;

- continued learning and/or professional development;

- quality assurance;

- continuous improvement;

- business transformation and optimisation;

- elicitation techniques;

- business analysis practices, methodology and tools;

- benefits realisation and testing practices;

• the ability to:

- drive results;

- think strategically;

- manage complexity and ambiguity;

- lead change;

- plan and organise;

- develop and grow others;

- use good judgement and decision-making;

- be resilient;

- impact and influence;

- build and maintain relationships; and

• industry, organisational and business awareness.

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

About SARB

Primary mandate of the SARB

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

WHAT WE DO

Monetary Policy

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

Financial Stability

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

Prudential Regulation

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

Financial Markets

Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.

Financial Surveillance

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

Payments and Settlements

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

Statistics

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

Research

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.