Portfolio Manager at RMB - Rand Merchant Bank

Job Description

• Hello Future Portfolio Manager,
• RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. 
• United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
• Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who can: 

• Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue listen advise influence and negotiate to achieve win win outcomes
• Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
• Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts
• Anticipate consequences and adapts problem solving based on continual feedback
• Act speedily to resolve problems queries and complaints
• Adapt communication styles to meet the needs of different audiences
• Obtain instructions from Transaction Managers based on signed legal agreements
• Load agreed upon deal profiles on the Loan Management System
• Validate that overall deal position is within expectations
• Hedge overall interest rate risk inherent in cash flow profiles
• Measure open FX exposure
• Consider and if applicable trade specific or macro hedges for the above
• Obtain relevant deal profiles credit ratings and LGDs from Transactors sense check and provide comment where information appears insufficient
• Use Pricing Wizard Reuters and Bloomberg to determine funding credit capital and hedging costs as well as FX components
• Validate the prospective deal profitability
• Ensure portfolios and all new deals are adequately funded
• Determine whether match funding or pool funding is necessary
• Monitor daily funding and rolling of funding as well as sourcing additional funding
• Liaise with Group Treasury on an ongoing basis
• Risk reports, including Key Rate Analyser, indicating current residual position
• Consider key macro-economic factors in order to position the net portfolio interest rate and FX position
• Execute appropriate hedges if required
• Extract information from Loan Management System as well as central RMB market risk systems in order to generate risk reports on a daily basis
• Investigate and resolve exceptions identified by risk reporting process
• Take appropriate action to change portfolios position given output of risk report
• Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise

You will be an ideal candidate if you: 

• Have 1-2 years minimum prior experience in a quantitative role in an Investment bank 
• OR 1-2 years trading desk experience - Derivatives, Interest rates, bonds or Treasury desks

You will have access to:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

We can be a match if you are:

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it