Prime Broking Client Service Specialist at Rand Merchant Bank

The purpose of the role is as follows:

• An opportunity is available within RMB’s Global Markets, Prime Services division for an Equities Prime Broking Client Service Specialist, working in the Sandton office.
• The position is an outstanding opportunity for a strong and ambitious individual to gain exposure to multi product, multi asset class instruments (equities, equity derivatives, futures, currencies (spot and derivative), commodities and fixed income ) and to assist in developing the businesses of Equities Prime. The role requires sound technical knowledge and interaction with internal and external stakeholders on a number of fronts.

Are you someone who can do the following: ​

• Building and maintain strong relationships with external clients.
• Identifying strategic opportunities for the prime broking business in different jurisdictions.
• Evaluating and recommending continual improvement of processes and procedures.
• Processing settlements over client accounts through SMART and replicating this into Geneva.
• Liaising with key ops reconciliation personnel regarding bookings, unallocated deposits etc.
• Running of daily client admin reports off Geneva (Knowledge of this system not essential).
• Running daily client P& L reports and regular liaison with other product houses regarding these reports.
• Confirming and reconciling trades booked versus the various underlying systems.
• Monitoring of collateral on all equity products.
• Strong corporate action knowledge
• Reconciling of daily margin calls (Equity Swaps, Futures and Sec Lending collateral calls) into the relevant client accounts on Geneva.
• Reconciling daily transfer to / from money market accounts to futures accounts.
• Processing foreign settlements within sub-Saharan Africa and Internationally (USA, AUS, London etc).
• Daily cash reconciliations between SMART and Geneva for equity related products.
• Assist with the KYC and FICA of new clients / segregated portfolios.
• Maintain strong relationships with other service providers – administrators, fund of funds, etc.
• Assist with and ultimately take ownership of the Dividend Withholding tax reclaim process – work closely with client, administrator and RMB Custody.
• Work closely with the Fixed Income Prime Broking, Futures Clearing RMB Custody and Securities lending teams.
• Continuous evaluation of processes and provision of recommendations to enhance operational efficiency.
• Tackle various projects within the Prime Broking and assist in developing enhancements to this solution.

You will be an ideal candidate if you have the following:

• Qualifications such as BCom, CA, or CFA and courses attended in Financial Market instruments would be a distinct advantage. S/he must have a good understanding of financial markets.

Deadline:29th April,2026