Business Analyst - Contract I Governance, Risk and Compliance

Role Summary



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.