Job Description

Our Innovative Analysis Team is seeking a

Business Analyst (Credit - Murex & Derivatives)

for

contract opportunities

within the financial services sector.


The Business Analyst will play a key role in supporting and enhancing

credit systems

within the

Murex

platform, with a

strong focus on derivatives-related credit exposure

.


This role requires a solid understanding of

derivative products, credit risk processes, and Murex configuration

to ensure accurate risk and limit management across trading and risk functions

Key Responsibilities and/or output areas include, but are not limited to:

Define business and system requirements for Murex Credit functionality with a focus on derivatives exposure and credit risk processes. Analyze, document, and optimize end-to-end credit processes, comparing current vs. future state. Assess the impact of new business or regulatory requirements on upstream/downstream systems and the broader credit architecture. Translate credit and derivatives business needs into functional specifications, reports, and Murex configurations. Collaborate with Traders, Risk, and IT teams to ensure accurate credit exposure measurement and integration of derivatives into credit workflows. Support project delivery by assisting with system design, UAT, and integration testing. Ensure alignment with the overall Credit Business Architecture and enterprise standards. Identify and propose system and process improvements across credit, risk, and trading operations. Document business processes and maintain traceability from business requirement through to delivered solution. Strong understanding of

derivative products

(e.g. swaps, options, forwards) and how they impact credit risk Familiarity with the

trade lifecycle

and how it integrates into credit and risk systems

Education Qualification

:

Matric University Qualification, Certificate or Diploma, aligned to relevant experience - Relevant Bachelors' Degree / Diploma / recognised qualification from an accredited tertiary institution.

Skills:

Formal or practical experience in the BABOK Multiple process notations Business Writing Skills Presentation and Facilitation Skills Data Modelling based on Entity Diagram Mapping Repository-Based Modelling tools i.e., ARIS Business Change Life Cycle System Development Life Cycle (Waterfall, Agile, RUP) Quality and Risk Management ACORD Framework, SOA, TOGAF, ARCHIMATE Experience with tools such as Confluence and Jira would be advantageous

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.