Networkers International South Africa Vacancies: Business Analyst in Cape Town

Recruiter/Employer:

Networkers International South Africa is a prominent recruitment consultancy that specializes in offering tailored recruitment solutions to some of the world’s leading organizations within the IT, Technology, Telecommunications, and Engineering sectors. Established in 2005, Networkers has been serving the local South African and Sub-Saharan African regions with both permanent and contract recruitment services. Operating with a team of dedicated consultants who possess in-depth knowledge within their respective vertical markets, Networkers has built strong and enduring relationships, making it the preferred recruitment partner for many businesses across various industries such as Insurance, Fintech, Financial Services, Payment Solutions, Retail, Telecommunications, Renewable Energy, Mining, Oil & Gas, and Power.

Networkers International South Africa prides itself on its Level 1 B-BBEE rating and its preferential procurement recognition level of 135%, demonstrating its commitment to diversity and inclusion in the workplace.

Job Position: Business Analyst (Lending)

Location: City of Cape Town, Western Cape, South Africa

Ref Number: Not provided

The profession of a Business Analyst, particularly in the context of lending within the financial services sector, plays a crucial role in facilitating the effective functioning and growth of lending institutions. Here’s a more detailed explanation:

1. Business Analysis in Financial Services: Business analysis within financial services involves assessing the processes, systems, and operations of financial institutions to identify areas for improvement, optimize performance, and achieve strategic objectives. This includes analyzing data, gathering requirements, and designing solutions that align with business goals while complying with regulatory standards.

2. Role of a Business Analyst in Lending: In the lending domain, Business Analysts are responsible for analyzing lending operations, such as loan origination, underwriting, and servicing processes. They collaborate with stakeholders, including loan officers, risk managers, and IT teams, to understand business needs, define requirements, and develop solutions to streamline lending operations and enhance customer experiences.

3. Key Responsibilities:

• Conducting stakeholder interviews and workshops to gather requirements and understand business processes.
• Analyzing data related to loan performance, credit risk, and market trends to identify opportunities for improvement.
• Developing business cases, feasibility studies, and requirements documentation for lending initiatives.
• Collaborating with cross-functional teams to design and implement lending solutions, such as loan origination systems and credit scoring models.
• Performing impact assessments and risk analysis to ensure proposed solutions meet business objectives and regulatory requirements.
• Monitoring and evaluating the performance of lending processes and systems, identifying issues, and recommending corrective actions.

4. Skills and Qualifications:

• Strong analytical and problem-solving skills.
• Knowledge of lending principles, products, and regulations.
• Proficiency in business analysis techniques, such as requirements elicitation, process mapping, and data analysis.
• Familiarity with software tools used in financial services, such as loan origination systems and risk management platforms.
• Excellent communication and interpersonal skills to collaborate with diverse stakeholders.
• Attention to detail and ability to prioritize tasks in a fast-paced environment.
• Relevant qualifications in business analysis, finance, or a related field may be required or beneficial.

5. Career Growth and Development: Business Analysts in lending have opportunities for career advancement and professional development as they gain experience and expertise in the field. They may progress to senior roles, such as Lead Business Analyst or Business Analysis Manager, or specialize in areas such as credit risk analysis, product management, or regulatory compliance within financial services.

6. Impact on Financial Institutions: Effective business analysis in lending can have a significant impact on the performance and competitiveness of financial institutions. By optimizing lending processes, improving risk management practices, and enhancing customer experiences, Business Analysts contribute to the growth and success of lending operations, ultimately driving profitability and customer satisfaction.

The role of a Business Analyst in lending is essential for driving innovation, efficiency, and compliance within financial institutions, ultimately contributing to their long-term success in the dynamic and competitive landscape of the financial services industry.

Benefits:

• Competitive compensation package
• Opportunity to work with a top financial services company
• Hybrid workplace environment
• Potential for career advancement and skill development
• Access to training and development programs
• Exposure to diverse projects and industries

Eligibility:

• Previous experience in financial services is essential
• Intermediate level role suitable for candidates who are self-starters and can work in a fairly unstructured environment
• Strong business analysis skills and experience
• Familiarity with lending environments is advantageous
• Proficiency in SAP is preferred
• Compliance with company policies and procedures is required

Requirements:

Interested candidates are encouraged to submit their CV to erika@networkersint.co.za. Please ensure that your CV highlights your relevant experience in financial services, business analysis, and lending environments. While there are no specific documents required at this stage, successful applicants may be asked to provide additional documentation during the recruitment process.

How to Apply:

To apply for the position of Business Analyst (Lending) at Networkers International South Africa, please email your CV to erika@networkersint.co.za.

Closing Date:

The deadline for submitting applications is not specified. However, interested candidates are encouraged to apply promptly as the position may be filled on a rolling basis.

Official Contact:

For inquiries or further information, please contact Networkers International South Africa via phone at 021 6700643 or visit the official website at https://networkersint.co.za/.