Senior Business Analyst (Superannuation)

GROW Inc • FULL_TIME • Melbourne, VIC, AU • 1d ago

Senior Business Analyst (Superannuation)

GROW Inc

Company Description

Whether you’re working from home or on your way to the office, chances are you’re probably reading this because you’re seeking a new adventure, or you’re up for a new challenge. GROW Inc might just be that for you!

So, who is GROW Inc?
Founded in 2016, we’re the Australian FinTech success story you probably haven’t heard about. We’re solving big problems in the Superannuation and Managed Funds industry. The administration platforms (the software that tracks everything to do with your super) are built on things you or your parents would recognise from the glory days of 90’s computing.

How are we doing it?
We’re solving this by disrupting the wealth management industry with DLTA, our platform built on Distributed Ledger Technology which improves the financial wellbeing of Australians. We’re making Super more timely and information more accessible whilst enabling wealth management companies to offer more cost effective solutions.

We’re rebels with a cause. We’re authentic, diverse, and embrace our differences as we continue to put a dent in the universe. We know diversity of thought helps us to build better solutions for our customers which is why we encourage the entire GROW team to bring their whole selves to work each and every day.

Job Description

Defining and ensuring requirements are delivered
Analysis of the Customer / Stakeholders problems and requirements
Documentation of requirements
Assistance in scoping test cases
Reviewing test cases with the testing team
Writing & maintaining User Stories and Acceptance Criteria
Ensuring Requirements meet Compliance Standards
Creation and maintenance of support documentation (How to guides, FAQ’s, Process Maps, Data Mapping, Standard Operating Procedures)
Converting complicated topics into simple explanations
Reading, Reviewing, Discussing and Interpreting complex legislation, regulation guidance and prudential standards, Privacy, Security… requirements and being able to enable the product team to understand the constraints they must build and solve within
Engage in understanding market trends, develop the insights, and share with the product guild
Use data to support your analysis and review existing processes to understand: Bottlenecks, inefficiencies, where improvements can be made

Qualifications

Knowledge Base

Good understanding of Superannuation financial reporting and investments:
Different unit pricing models – forward v historic – pros & cons
Different investment structures used by super funds (PSTs, unit trusts, portfolios, consolidations, funds of funds etc)
Daily unit pricing – buy/sell spreads and which price to use in different situations
Understand unit price arbitrage (especially in relation to switching)
Cash flow reporting to custodian – e.g. gross v net
Daily reconciliation processes – e.g. bank reconciliation / general ledger to member record reconciliation
Banking processes
Monthly financial reporting
Quarterly APRA reporting
Tax provisioning / PAYG tax calculations
GST / RITC – BAS reporting
Tax returns.
Sustainability reporting – e.g. carbon footprint.
Experience working in a Super Trustee office would be of benefit (seeing the problem from the client’s viewpoint).
Experience working for a custodian or a Fund administrator would also be useful.

Soft skills

Clear communicator – ability to understand a complex problem, but be able to explain it to someone without the in-depth knowledge (e.g. to developers)
Influencer – ability to understand a problem and suggest a solution that meets the requirements and is best aligned to Grow methodology – be able to “sell” the benefits.
Strategic thinker – ability to propose strategic solutions, but also be able to break it down to manageable components (i.e tactical to strategic).
Documentation skills – ability to write clear requirements, draw process flows, document controls etc.
Adaptability – keep up to date with changes in legislation as it affects finance in super and pick up new skills and concepts quickly.

Additional Information

Why you’ll love working at GROW

ME Days - Take an additional 3 days of leave off per year for wellness!
Birthday Leave - Take an extra day off per year on your birthday!
Community give back days - organised by us!
Learning & Development Budget - up to $500 per year to use on your own development!
Hybrid Work Arrangement - We have a true hybrid arrangement!
Exciting Discounts - Think movie tickets, gift cards & even electronics

Looking for a job can be stressful and we don’t want you agonising over the wording of your cover letter, so don’t include one. Just make sure your CV is well-written and detailed enough so we can get a better idea of the type of person you are. Even if you don’t meet every single requirement, but you feel inspired to join our mission, we encourage you to send in your application. You never know, you could be the perfect person to join our team!

We are a Circle Back Initiative Employer – we commit to respond to every applicant

#LI-HYBRID

Apply now

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