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Sandton: Systems Analyst (Forex) – Contract posted by Be Different Recruitment

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Job Description

About the Role

We are seeking an experienced Systems Analyst (Forex) to join our team in Sandton, South Africa. As a Contract role, you will be working with a leading financial institution to analyze and design new functionalities or upgrades for their Forex IT infrastructure. The successful candidate will have a strong background in systems analysis, payments industry domain experience, and a solid understanding of the ISO20022 payments message standards.

Key Responsibilities

  • Responsible for the analysis and design of new functionalities or upgrades that are more complex and require expertise (e.g. complex projects, projects that cut across multiple teams, major enhancements to existing systems and general maintenance of existing systems)
  • Leading and facilitating functional and system design sessions to produce functional and system specifications. Ensure that functional / systems requirements represents a common view among end-users
  • Assist with the identification of risks and issues within the project(s) and mitigation strategies
  • Analyse and design integration files or messages (e.g. web service definitions, XML schemas, business functions, flat file or delimited files, APIs)
  • Write SQL queries, interrogate database tables for analysis purposes and assist in designing database structures
  • Examine and analyse current system process flows and document changes that may be required on affected systems
  • 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, as needed)

Requirements

  • Degree or Diploma and/or CBAP Certification
  • 7 years or more relevant systems analysis experience
  • 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
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Qualifications

  • Formal education/certifications (Bachelor’s, LLB, Matric, etc.)

Note: Since there is no formal education/certification mentioned in the original job description, this section has been left blank.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other IT/Computer Jobs in Gauteng

The IT and computer industry is one of the most dynamic and growing sectors in Gauteng, with a thriving job market that offers a wide range of opportunities for career advancement.

In terms of salary ranges, IT professionals in Gauteng can expect to earn anywhere from R800 000 per annum for junior positions to over R2 million for senior executives. The average salary for software engineers is around R1.5 million, while data analysts can earn between R900 000 and R1.2 million. With experience and skills, IT professionals in Gauteng can expect significant salary increases, with some roles offering bonuses and benefits that can increase their overall remuneration.

To succeed in the IT industry in Gauteng, candidates need to possess a range of key skills, including programming languages such as Java, Python, and C++, as well as experience with databases, cloud computing, and cybersecurity. Strong problem-solving skills, attention to detail, and excellent communication skills are also essential for success in this field. Additionally, knowledge of ITIL (Information Technology Infrastructure Library) and Agile methodologies can be highly valued by employers.

Several major companies and industries in Gauteng are currently hiring IT professionals, including technology firms such as Microsoft, IBM, and Oracle, as well as banks and financial institutions like Standard Bank and Nedbank. The finance industry is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.

Career growth opportunities are abundant in the IT industry in Gauteng, with many companies investing heavily in employee training and development programs. With experience and skills, IT professionals can move into senior leadership positions or start their own businesses, while also pursuing further education and certifications. The Johannesburg Stock Exchange (JSE) is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.

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Overall, the IT industry in Gauteng offers a wide range of exciting career opportunities for job seekers with the right skills and experience. With salaries that are competitive with those offered by major companies globally, there has never been a better time to pursue a career in this dynamic and rapidly evolving field.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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