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Sandton: Systems Analyst (Forex or International Payments) posted by Be Different Recruitment

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Job Description

In order to be considered the following is required:

  • Degree or Diploma and/or CBAP Certification
  • 7 years or more 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
  • Must have solid exposure and have worked on projects for traditional and emerging cross border payment rails, like Swift
  • Having an understanding of other payment rails, especially international cross border rails, would be highly advantageous
  • Should ideally have a solid understanding of the ISO20022 payments message standards (i.e. PAIN, PACS and CAMT 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
  • 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
  • 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

Duties & Responsibilities:

They are looking for someone with a solid experience and be a domain expert in the Systems Analysis competency and ideally in the industry of the projects they will work with.

  • Responsible for the analysis and design of new functionalities or upgrades that are more complex and that 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
  • 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, 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, grow the bank and secure the bank initiatives as well as brand new products or capabilities
  • 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)
  • 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 or alternatively work with UX specialists to arrive at optimal screen 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, or where a team does not have dedicated business analysts, must be able to work and co-create solutions with the business stakeholders or subject matter experts and to run with the analysis efforts for a project end to end
  • 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 and solution designs have been met
  • May be required to perform sanity / acceptance tests to ensure the requirement, as documented, has been met
  • Attend and actively contribute towards the SA Forum / Analysis 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
  • As an analyst, will be required to lead the analysis efforts of a project end to end, (not leading people, but rather a project / programme), mentor and guide other analysts in the team, and assist in the upskilling and knowledge share efforts required to ensure a successful project build
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Please consider your application as unsuccessful if you have not received a response within 14 days of submitting your application.

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.

View Job  South Africa: Senior Full Stack Developer- Cape Town / Hybrid R1000k PA posted by E-Merge

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.

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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