(881) Business Analyst x2 - BSTD

Brief description

The main purpose of this position is to provide end-to-end business analysis services to the various departments in the South African Reserve Bank (SARB) by identifying business problems and needs, determining solutions and enabling improvement in organisational processes.

Detailed description

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

• Take responsibility for driving business analysis initiatives from initiation to implementation on projects of low to medium risk with a cycle of up to 12 months.
• Facilitate workshops independently and consult with business owners and stakeholders with regard to problem definitions and the identification of business requirements and needs.
• Review business processes and procedures, analyse business needs and associated data, identify and assess possible solutions and define the associated requirements.
• Elaborate on the scope and feasibility of solutions and develop the supporting business case.
• Manage change requirements and supporting specifications. 
• Investigate problems and propose solutions by interacting with users, developers and other stakeholders.
• Develop manuals and plans and present training courses in support of implementation.
• Stay abreast of changes to analytical tools and methodologies, identify opportunities to improve and standardise work processes and apply these in the course of own work.

Job requirements

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

• an Honours degree in Information Technology (IT) or an equivalent qualification;
• a relevant Business Analysis certification; and
• five to eight years’ experience within a business analysis environment.

Additional requirements include:

• knowledge and skill in:
• industry, business and organisational awareness;
• continued learning and/or professional development;
• quality assurance; 
• continuous improvement;
• business transformation and optimisation;
• elicitation techniques;
• business analysis practices, methodology and tools;
• realisation and testing practices; and
• IT domain management; and
• behavioural competencies in:
• planning and organising;
• developing and growing others;
• judgement and decision making;
• resilience;
• impact and influence; and
• building and maintaining relationships.

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.