Average Business Analyst, Finance/Banking Salary in South Africa

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The average salary for a Business Analyst, Finance/Banking in South Africa is R416,928.
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United States (change)
R222k - R678k
R14k - R100k
Profit Sharing
R2k - R393k
Total Pay
R230k - R750k

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Job Description for Business Analyst, Finance/Banking

Business Analyst, Finance/Banking Tasks
  • Coordinate, organize and direct organization of projects and processes related to the financial sector of the business.
  • Develop and implement goals and procedures related to management of financial aspects of the business.
  • Gather, analyze and interpret data in areas such as budgets, financial planning and forecasting, cash flow projections, etc.

Popular Employer Salaries for Business Analyst, Finance/Banking

The top respondents for the job title Business Analyst, Finance/Banking are from the companies Absa, Nedbank and Standard Bank. Reported salaries are highest at Absa Capital where the average pay is R465,734. Other companies that offer high salaries for this role include Standard Bank and Investec, earning around R456,800 and R439,773, respectively. First National Bank pays the lowest at around R364,954. FNB and Absa also pay on the lower end of the scale, paying R384,416 and R403,102, respectively.

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Popular Skills for Business Analyst, Finance/Banking

Skills in Business Analysis, Microsoft Excel, Data Analysis and Requirements Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office.

Pay by Experience Level for Business Analyst, Finance/Banking

An entry-level Business Analyst, Finance/Banking with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R260,526 based on 27 salaries. An early career Business Analyst, Finance/Banking with 1-4 years of experience earns an average total compensation of R385,109 based on 291 salaries. A mid-career Business Analyst, Finance/Banking with 5-9 years of experience earns an average total compensation of R523,162 based on 141 salaries. An experienced Business Analyst, Finance/Banking with 10-19 years of experience earns an average total compensation of R590,160 based on 53 salaries. In their late career (20 years and higher), employees earn an average total compensation of R593,950.

Years of Experience

This data is based on 524 survey responses.
Entry Level
Early Career
Mid Career
Late Career