Role Summary
iqbusiness is seeking experienced Business Analysts for contract opportunities within the financial services sector, with a strong focus on Governance, Risk and Compliance (GRC) and Conduct Risk initiatives. This role is suited to a Senior Business Analyst with deep exposure to risk, regulatory and compliance environments, particularly within Corporate and Investment Banking.
The Business Analyst will play a critical role in supporting regulatory‑driven change by translating conduct‑risk and governance obligations into clear, traceable business and functional requirements. The role requires a strong understanding of GRC business processes, risk and control frameworks, and the ability to identify control gaps while enabling compliant, sustainable solutions that support business objectives.
You will work closely with business, risk, compliance, and technology stakeholders across complex, multifaceted environments, contributing to high‑quality delivery outcomes within Agile, Waterfall, or hybrid frameworks.

Key Responsibilities

• Develop an in‑depth understanding of Governance, Risk and Compliance (GRC), including Conduct Risk, Risk, Credit, and Compliance processes, systems, and data flows
• Translate regulatory and governance obligations into clear business, functional, and non‑functional requirements
• Identify risks, control gaps, and compliance impacts across end‑to‑end business processes
• Define, document, and optimise current‑ and future‑state processes for Risk and Credit, ensuring full end‑to‑end coverage
• Conduct impact assessments for new or changing requirements, analysing upstream and downstream dependencies
• Perform gap analysis between current and target states, recommending process redesign and optimisation opportunities
• Produce high‑quality analysis artefacts including BRS, user stories, use cases, data requirements, SOPs, and process flows
• Ensure requirements traceability and alignment to governance, audit, and regulatory standards
• Support Agile delivery through backlog refinement, sprint management, sprint gate‑keeping, PI/QBR planning, and close collaboration with Product Owners
• Collaborate with Solution Architects to translate business requirements into technical specifications
• Support UAT planning, execution, defect management, and traceability from requirements to test cases
• Maintain consistent documentation standards aligned with PMO, governance, and audit expectations
• Contribute to organisational change through training materials, communication plans, and business readiness activities
• Proactively identify operational risks, inefficiencies, and control weaknesses, recommending practical solutions
• Engage internal and external stakeholders through workshops, requirements sessions, and ongoing communication
• Support vendor and procurement processes in line with organisational policies and legal requirements
• Adhere to and contribute to PMO standards, producing required delivery and governance artefacts

Requirements

• Minimum 5–10 years’ experience as a Business Analyst in complex, multifaceted financial services environments
• Strong experience in Risk, Regulatory and Compliance, preferably within Corporate and Investment Banking
• Proven delivery experience on GRC or regulatory‑driven initiatives, including Conduct Risk
• Solid understanding of governance frameworks (Risk, Compliance, Internal Audit, or equivalent)
• Hands‑on experience across Agile, Waterfall, or hybrid delivery models
• Extensive experience with backlog management, sprint and PI planning, and Product Owner engagement
• Strong business analysis fundamentals aligned to BABOK and SDLC
• Ability to manage ambiguity, complex dependencies, and challenging stakeholders
• Strong stakeholder facilitation, influencing, and negotiation skills
• Excellent written and verbal communication skills
• Strong analytical skills, attention to detail, and conceptual thinking
• Experience with Jira, Confluence, SharePoint, and SQL for requirements and analysis

Education

• Matric (required)
• Relevant tertiary qualification (Bachelor’s Degree, Diploma, or recognised certification from an accredited institution)

Please Note:
As all iqbusiness roles require honesty in the handling of or access to cash, finances, financial systems, or confidential information; our recruitment process requires that the following background checks be completed: credit, criminal, ID, and qualification verification.
iqbusiness is committed to sustainable growth and transformation; we embrace diversity and employ previously disadvantaged individuals.