Senior Business Analyst/ Business Analyst

You are a seasoned Business Analyst used to working as a liaison among multiple business stakeholders in order to elicit, analyse, communicate and validate requirements for changes to business processes, policies and information systems. You will have the expertise to identify and understand business problems and opportunities in the context of the requirements and recommend the solutions that enable the business to achieve its goals while supporting compliance with related legislation, policies and standards.

This position will support the middle office function in the Bank’s financial market operations. At its core this role provides business analysis services for the production of performance, risk and compliance reporting for the Bank’s foreign and domestic portfolios. You will work closely with the Financial Markets Group, Information Technology Department and Payments Settlements Department and work independently to prepare requirements documents, undertake ongoing design, review and evaluation of business processes, develop optimisation strategies and plan and manage the approach to any project or BAU initiative.

This is a Fixed Term Contract until May 2025.

Your background 

• Experience as a business analyst to elicit, analyse, document, communicate, and manage the business requirements and user stories.
• Provide subject matter expertise and guidance to assist in pilot and implementation planning, change management and test planning and training materials production.
• Design and implement strategies for gathering, reviewing and analysing data requirements.
• Translate complex business, strategic and technical information concisely for diverse audiences.
• Understand, document and communicate the objectives, drivers and business value proposition of a change.
• Prioritise initiatives based on business needs and requirements.
• Provide Business Analysis support of seed funding initiatives and Business Analysis input toward the formation of Business Cases.
• Document AS-IS and TO-BE business processes and use standard Business Analysis tools and techniques including RASCIs, SIPOC analysis, Swim Lanes and related methods.
• Create representative and conceptual models, prototypes, mock-ups and business and technical specifications.

Your team

Reporting to the Manager, Risk and Compliance Department (RM) Business Operations, you will be part of a small team to support the middle office function in the Bank’s financial market operations. This role works closely with the Financial Markets Group, Information Technology Department and Payments Settlements Department.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the Bank forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

Through the pursuit of national economic policy objectives and associated activities in financial markets and banking, the RBA makes an important contribution to the Australian economy. We also issue Australia's banknotes and operates infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people.  

Made up of specialists across a wide range of fields, our people have a critical role to play in achieving these objectives, whether directly or in a supporting capacity. As a values driven organisation, our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect, while promoting the public interest through our efforts.  

Your application should include a resume detailing your experience and qualifications.

The Reserve Bank of Australia is an equal opportunity employer.  We are committed to creating a diverse and inclusive workplace and encourage applications from experienced candidates seeking workplace flexibility.

Few places give you the balance of professional challenge and a management culture that not only supports but encourages you to live a full life outside of work and be more.

Application Close: May 08, 2024