Description

Co-own and drive the functional design for core banking capabilities within Investec's Core Banking Modernisation Programme, translating business strategy, product intent and regulatory/control requirements into standardised, testable functional specifications that can be implemented in a Finacle-aligned target state with governed localisations where required. The role ensures end-to-end functional traceability (outcomes → requirements → backlog → test assets) and that solutions are operable, controlled and implementable at scale. 

Key responsibilities
•    Functional design & requirements
•    Elicit, analyse and document functional requirements and detailed acceptance criteria, including exceptions and edge cases. 
•    Produce and maintain key functional artefacts (BPMN flows, business rules/DMN, use cases, personas, functional specifications) to support build and test. 
•    Maintain end to end traceability from programme outcomes to delivered capability and test coverage.

•    Standardisation & localisation governance
o    Define global patterns (e.g., account lifecycle, posting/charges/interest, limits, mandates, disputes) and manage controlled localisation through a governed variance log and decision framework.
•    Controls, MI & operability-by-design
o    Specify operational controls, auditability, regulatory reporting needs, reconciliation requirements, KPIs/SLAs and evidence artefacts for assurance and go-live readiness.
o    Ensure operational considerations are embedded early (support processes, monitoring/logging requirements, day 2 procedures) to enable stable run and supportability. 

•    Delivery partnership (Agile)
o    Partner with Product Owners and SMEs to shape backlog, prioritisation and sequencing to programme outcomes.
o    Support delivery squads with ongoing clarification during build/test/release and contribute to test strategy and scenario coverage. 

•    UAT, business proving, migration & cutover
o    Govern UAT and business proving scenario design, coverage, traceability, defect triage and sign off criteria.
o    Support migration and cutover: validate functional impacts of data mappings, define parallel-run scenarios, reconciliations and early-life stabilisation activities.

•    Collaboration across disciplines
o    Work closely with Technical Analysts, architects, integration teams, data teams, testers and vendors to ensure functional intent is translated accurately into configuration, integrations, data and non-functional acceptance criteria. 

Experience
•    8–12 years' Business/Functional Analysis experience in banking/financial services. 
•    Core banking platform exposure (Finacle preferred) across major modules. 
•    Delivery experience on complex, integrated programmes (modernisation/migration, product launches, regulatory change).

Skills & capabilities
•     Strong core banking knowledge (customers, accounts, products, payments; cards/lending a plus). 
•     Skilled in requirements elicitation, workshops, process modelling, business rules, and clear acceptance criteria. 
•     Maintains end to end traceability from outcomes to requirements, backlog, and tests. 
•     Designs effective controls, MI/KPIs, reconciliations, and audit evidence. 
•     Manages diverse stakeholders and simplifies complexity to drive decisions. 
•     Confident working with data and technical teams (data mapping, SQL, investigations).
•    Strong facilitation and documentation skills.
•    Collaborative and relationship-driven; comfortable working across regions, delivery squads and vendors.
•    Delivery-focused: supports squads through build/test/release with timely clarification and pragmatic decision making.

Qualifications & certifications

•    Bachelor's degree in information systems, Computer Science, Commerce (or equivalent practical experience).
•    Preferred: Finacle Core Banking Certified Professional; Certified Business Analyst Professional (CBAP) or similar business analysis certification.

Investec Culture 

At Investec we look for intelligent, energetic people filled with passion, integrity and curiosity. We value individuals who in turn value our culture that is, a flexible attitude comfortable to live with ambiguity and willing to challenge the status quo. Diversity, talent and leadership are respected in pursuit of the growth of our business. People who can manage themselves and build strong relationships in order to get things done, will perform in out of the ordinary ways in our environment. 

We are committed to diversity and inclusion when recruiting internally and externally.