Our Innovative Analysis Team is seeking senior-level Systems Analysts for contract opportunities within the financial services sector, with a strong focus on Payments-related projects.

This is a highly technical role, ideal for Systems Analysts who can confidently translate complex business requirements into detailed functional and technical specifications for development teams. You’ll work in fast-paced environments, supporting banking and payments transformation initiatives such as cross-border payments, real-time payments, card-based transactions, and more.

🔧 Key Responsibilities:

• Analyse and design solutions for complex systems enhancements and integrations across multiple teams and platforms.
• Lead and facilitate functional/system design sessions to produce comprehensive functional and system specs.
• Work closely with developers, architects, QA, and business stakeholders to ensure alignment on requirements and solutions.
• Design and update integration messages (web services, XML schemas, APIs, flat files).
• Write SQL queries and assist with database structure analysis and design.
• Model system designs using UML 2.5 (use case, activity, sequence, component, and interface diagrams).
• Translate business needs into actionable system-level requirements (or co-create these when not provided).
• Mentor and guide other analysts, contributing to a high-performance, knowledge-sharing culture.
• Participate in agile delivery (Scrum, SAFe, or similar) and support monthly or frequent production releases.

 
💳 Payments Domain & Technical Expertise:

• Solid exposure to and hands-on experience with traditional and emerging cross-border payment rails, including SWIFT.
• Strong understanding of international payment infrastructures and rails is highly advantageous.
• Ideally experienced in ISO20022 messaging standards (e.g., PAIN, PACS, CAMT) and legacy SWIFT MT series (MT100, MT200, MT900).
• Familiar with SAMOS and local market infrastructure for RTGS cross-border payments.
• Demonstrates a clear understanding of the Payments Modernisation landscape and evolving industry standards.
• Proven ability to lead or contribute to requirements sessions involving financial payment flows and account postings.
• Strong understanding of Balance of Payments (BoP) reporting, Financial Surveillance (Finsurv), exchange controls, and cross-border regulatory requirements.
• Experience with integration technologies interfacing with the South African Reserve Bank (SARB) or Finsurv platforms.
• Solid experience in cross-border payments and/or Forex projects.

💼 Experience & Skills Required:

• 10+ years of Systems Analysis experience, ideally in financial services.
• 4–5 years experience in Payments or Forex domain projects within a banking environment.
• Strong technical background: integration design, API specs, SQL, system design modelling.
• Experience working across both “Run the Bank” and “Change the Bank” initiatives.
• Confident in end-to-end project analysis: from requirements gathering to production handover.
• Proficient in stakeholder management across business, tech, QA, and architecture teams.

🎓Qualifications:

• Matric
• Degree or Diploma and/or CBAP Certification.

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.