Systems Analyst - Contract I Payments

Role Summaryiqbusiness is seeking senior-level Systems Analysts for contract opportunities within the financial services sector, with a strong focus on payments-related projects. This highly technical role is ideal for analysts who can translate complex business requirements into detailed functional and technical specifications. You will work across banking and payments transformation initiatives, including cross-border payments, real-time payments, card-based transactions, SWIFT, RTGS, and ISO20022, supporting both "Run the Bank" and "Change the Bank" projects.Key ResponsibilitiesAnalyse, design, and document solutions for complex systems enhancements and integrations across multiple platforms and teamsLead functional and system design sessions to produce detailed specificationsWork closely with developers, architects, QA, and business stakeholders to ensure alignment on requirements and solutionsDesign and update integration messages (web services, APIs, XML schemas, flat files) and assist with database analysis using SQLModel system designs using UML 2.5 (use case, activity, sequence, component, and interface diagrams)Translate business needs into actionable system-level requirements and co-create specifications when neededMentor and guide other analysts, fostering a high-performance, knowledge-sharing cultureParticipate in Agile delivery (Scrum, SAFe, or similar) and support production releasesRequirements6+ years' experience as a Systems Analyst, ideally within financial servicesHands-on experience in Payments or Forex domain projects, including cross-border, real-time, and card-based transactionsStrong understanding of payment infrastructures and rails, including SWIFT, ISO20022 messaging standards (PAIN, PACS, CAMT), legacy SWIFT MT series, SAMOS, and RTGSFamiliarity with SARB/Finsurv systems, regulatory reporting, Balance of Payments, exchange controls, and Payments Modernisation initiativesExperience with integration design, API specifications, SQL, and UML system modellingConfident in end-to-end project analysis, from requirements gathering to production handoverStrong stakeholder management across business, technology, QA, and architecture teamsFamiliarity with tools and frameworks such as JIRA, Confluence, ARIS, and UML modelling toolsEducationMatric (required)Relevant tertiary qualification (Degree or Diploma) and/or CBAP certificationPlease 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.