RMB - Rand Merchant Bank is a division of FirstRand Bank Limited, a fully integrated financial services group in South Africa, distinguished by our traditional values and innovative ideas. We have adapted investment banking solutions to suit your personal financial needs and this, together with an entrepreneurial approach, attracts like-minded, discerning clients.
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To analyse government fixed-income securities (e.g., fixed-rate bonds, inflation-linked bonds), interest rate derivatives and FX markets and develop a holistic view on the fixed income market by performing independent, high-quality research, including fundamental thematic research of developments that pertain to FI and FX markets in South Africa, its peers, and Emerging Markets in general To make trade recommendations regarding possible investment strategies within this asset class to institutional investors and build, develop and maintain quantitative models and strategies across FI and the FX markets to quantify risk/return profiles within the asset classGenerate FI and FX short-term and long-term forecasts for the business, the FirstRand Macro Forum and clients for specified markets as required
Develop a strong understanding and quantitative framework of how the local fixed income market’s risk /return profiles compare with other local and global asset classes such as equities and listed property
Develop approaches and partner with frontline/front office client engagement roles/stakeholders to market the research to internal and external stakeholders at all levels, with a strong focus on institutional investors
Assess the value and analyse the risks involved in fixed-income securities including bonds and other financial products and give insights
Research and evaluate market conditions and analyse trends to guide investors on the most significant risk factors, including interest rate risk and produce insights
Review existing procedures and processes, build computer functions, and write macros to increase and enhance report effectiveness, ensuring accurate, reliable, and with minimum risk or human data error
Provide insights to institutional clients and senior management as appropriate
Act as FI and FX spokesperson for the research function in client update meetings and internal committees
Maintain broad knowledge of financial markets, current events, and applicable economies and analyze their impact on industry/sector fundamentals
Responsible for conducting research and analysis on the impact of FI and FX markets on economies/industries/sectors
Provide detailed recommendations to buy, sell and hold through written and verbal investment opinions to support institutional investors in making informed investment decisions
Collaborate closely with a team of portfolio managers, trader and others to provide timely updates and communicate investments recommendations on your coverage
Evaluate and validate lesser experienced analyst recommendations for quality and completeness, ensuring alignment with client investment objectives
Monitor industry and competitive environment through research of market intelligence and insights to proactively identify new opportunities, trends, emerging issues or threats
Undertake regular roadshows to both local and off show clients