Business Analyst | Institutional Fund Operations | Business Change Analysis

Job Summary

Allan Gray’s Institutional Operations seeks the expertise of a Business Analyst to join the Business Change Analysis team.  This BA role is focused on supporting the delivery of change across business processes, data, and systems. You will work within a team of established Business Analysts, contributing to cross-team initiatives while building capability within the team.

The role offers the opportunity to combine operational understanding with structured analysis, while driving delivery within initiatives, supporting and learning from other analysts and developing strong business analysis practices.

Job Responsibilities

•    Develop a strong understanding of current and future business processes, data flows, and supporting systems across Institutional Operations
•    Analyse defined business problems and translate operational and system impacts into clear, structured business requirements and documentation
•    Contribute to delivery within assigned projects, managing tasks, identifying gaps and risks, and supporting coordination of timelines and dependencies
•    Engage with stakeholders across business, operations, and technology teams, leading workshops where required and clearly communicating analysis outcomes
•    Apply critical questioning to challenge assumptions and ensure well-understood and robust requirements

In addition to your delivery-related responsibilities, you will:

•    Work as part of a team of Business Analysts, sharing knowledge and contributing to a consistent standard of delivery across the group
•    Contribute to establishing and reinforcing business analysis practices, including requirements gathering, problem-solving approaches, and documentation 

Required skills and experience

We are looking for candidates with solid Business Analysis experience in an institutional asset management environment:

•    3–5 years’ experience as a Business Analyst (or similar), primarily within asset management
•    Commerce or STEM related degree with a strong academic record
•    Strong understanding of institutional asset management concepts, including instrument types, fund structures and the asset management lifecycle
•    Experience working on projects across key stages of delivery (from scoping and analysis to implementation), with ownership of defined components
•    Strong documentation and presentation skills, including experience producing business requirements (functional, non-functional, and information requirements), business cases and structured project documentation
•    Experience engaging with stakeholders across business and technical teams
•    Strong analytical and problem-solving skills, with the ability to work independently within defined scopes

What will set you apart

•    Industry recognised Business Analysis qualifications (e.g. CCBA, CPBA)
•    Ability to connect analysis to business outcomes and identify risks and opportunities within your area of responsibility
•    Experience working on operational change or system implementation initiatives
•    A proactive and structured approach to identifying gaps, risks, and improvement opportunities
•    Good understanding of systems and data flows, including upstream and downstream impacts
•    Ability to independently query and work with data to support analysis
•    Interest in developing broader understanding of systems, data, AI and technology within the business
•    Experience contributing to improving team practices and ways of working

What success in the role will look like

•    Successfully contribute to delivery within the organization’s initiatives
•    Build strong expertise across business processes, data, and systems within Institutional Operations
•    Deliver high-quality analysis and documentation 
•    Develop credibility with stakeholders across business and technology teams
•    Contribute to a collaborative and consistent Business Analysis capability within the team
•    Progress towards taking on more complex work and broader responsibilities over time

Please submit the following with your application

•    Your CV
•    Full university transcripts
•    Matric certificate
•    A summary of projects/implementations that you have been involved in, including what was done, what your role was and how long each project ran

Closing date:  3 July 2026

Position based in Cape Town.