COO/ Business Manager for Equities Flow at Rand Merchant Bank

Job description

The purpose of the COO / Business Manager role is to facilitate and enable business strategy by translating it into business plans and operating capabilities and managing the delivery thereof.

Responsibilities:

• Facilitation and enablement of Global Markets strategy:
• Work with Desk Heads to understand their vision and strategy for their desks;
• Work with different parts of the business to understand their contribution to the vision and strategy and co-ordinate the ongoing alignment and delivery thereof;
• Assess cost, viability and benefits of different options to implement strategy;
• Provide direction to the business on options to fulfil strategic requirements;
• Track and monitor progress against objectives and take corrective action where appropriate.
• Set-up and oversight of operational performance:
• Work closely with business, IT and other support areas to design and implement robust and efficient processes and technologies;
• Post-implementation, provide on-going oversight of operational performance.
• New product, process, platform and business development
• Facilitate the development and delivery of new products, processes, platform and/or business development where required in response to new client requests, changing market conditions, changing regulatory requirements and competitor offerings;
• Guide, steer and co-ordinate new product development initiatives to deliver on the strategy.
• Oversight of ad hoc initiatives:
• Facilitate / implement ad hoc team initiatives as required.
• Adherence to governance and control framework and processes:
• Ensure governance and policy frameworks are communicated and adhered to;
• Ensure Business Continuity Management is proactively managed;
• Ensure the business is prepared for regulatory and legislative change;
• Ensure compliance standards are adhered to across the function;
• Ensure regular monitoring and reporting where appropriate.
• Stakeholder engagement:
• Build relationships with key stakeholders to understand their current and future business requirements, displaying abilities to listen, advise, influence, negotiate and present at all levels;
• Influence the prioritisation of delivery of competing initiatives in line with stakeholder expectations;
• Continually engage with stakeholders to provide on-going feedback on progress of prioritised initiatives;
• Lobby, engage and report to relevant Exco’s where required;
• Identify opportunities to share knowledge including lessons learnt.
• Effective teamwork, self-management and alignment with group values:
• Act in ways consistent with RMB’s brand and values;
• Maintain a positive attitude and handle stress in ways that do not negatively impact others;
• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standards;
• Act ethically, including highlighting unethical practices;
• Flag and debate issues constructively;

Qualifications and Experience:

• Relevant Financial degree;
• 5+ years’ relevant experience across a CIB environment with exposure to the Front, Middle or Back Office.

Competences:

• Problem Solving;
• Analysis and Attention to Detail;
• Drive for Results;
• Conceptual / Big Picture Thinking;
• Building Relationships / Partnering;
• Influencing and Impact;
• Business Insight and Risk Awareness;
• Consulting and Advising
• Anticipating and Managing Change;
• Commercial and Financial Acumen;
• Planning and Organising;
• Monitoring and Measuring.