Senior Business Analyst

The Payments Settlements (PS) department is seeking an experienced Senior Business Analyst to join a dynamic team responsible for delivering security initiatives and major projects that maintain and enhance Australia’s critical payment systems. These include the Reserve Bank Information and Transfer System (RITS), the Fast Settlement Service (FSS), and SWIFT systems used for interbank payments. In this role, you will act as a key liaison between stakeholders to elicit, analyse, communicate, and validate requirements for changes that strengthen the security and resilience of PS systems.

Your role

• Develop detailed business requirements and functional specifications for the new business initiatives and improvements for RITS and other critical systems operated by PS.

• Collaborate with IT team to translate business needs into technical requirements.

• Work with Security, Risk, and Compliance teams to address security vulnerabilities and deliver various initiatives to uplift security of PS systems.

• Maintain requirements traceability matrix, conduct risk assessments, and manage impact on business processes.

• Act as a liaison between internal and external stakeholders during project delivery

• Assist with project documentation, administration, and governance

Your team

The Security and Resilience Analysis (SRA) team is part of the Payments Settlements Business Delivery section. We work collaboratively with stakeholders to deliver projects that strengthen and enhance Australia’s payments system. Our team leads the planning, management, and implementation of security and resilience initiatives across the department, including the SWIFT Customer Security Programme attestation. Safe, secure and reliable settlement systems are integral to the smooth functioning of the Australian economy, and projects relating to these systems are a critical aspect of the RBA’s work.

Your background

To be successful in this critical role you will possess:

• Advanced knowledge of business analysis practices, tools, and techniques.

• Experience in the specification and testing arrangements required for mission critical systems.

• Business Analysis experience in infrastructure and/or security assessment related projects.

• Understanding of payment and settlement system operations in Australia.

• Knowledge of the security and resilience aspects required for the development and operation of critical systems will be beneficial though not mandatory.

• Strong analytical skills, excellent written & verbal communication, and stakeholder engagement capabilities.

• Ability to learn quickly in unfamiliar and complex environments with keen interest in understanding new technologies, business processes and solving problems.

• Experience producing project artefacts such as business cases, project plans, RACI matrices, status reporting, managing project risk and issues, and exposure to procurement processes.

• Professional certification in business analysis (e.g. IIBA CBAP) would be highly regarded.

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