Careers at Rand Merchant Bank

Job Description

• The purpose of the Macroeconomist is to conduct economic research, investigate the dynamic macroeconomic relationships and understand how the economy functions in order to gain a better understanding of how a country’s economy works will impact business cycles, unemployment rates, inflation, interest rates, international finance, and its impact on monetary and fiscal policies. 
• The purpose of the Macroeconomist is to use the macroeconomic research findings to aid RMB and its clients which can be multinational corporations, institutional investors, as well as sovereigns, in making informed economic assessments and developing effective business strategies.

 Responsibilities 

• Build and maintain a suit of macroeconomic models that are used for the production of forecasts for the South African economy.
• Advising clients on global macro trends, both short-term (e.g. inflation, supply chain disruptions) and long-term (e.g., the energy transition, automation of jobs, rise of digital in the economy), as well as other market forces which impact the economy, various industries and company strategies
• Advising clients on how they can enhance enterprise value based on macro, industry, and investor dynamics
• Developing iconic firm-wide thought leadership on macroeconomic trends for external publishing
• Develop engagement strategies focused on helping clients craft rapid, data-driven, and practical strategies to boost their growth and profits.
• Responsible for ongoing analysis and research for key economic trends related to a wide variety of scopes which includes energy, infrastructure, decarbonisation and regenerative initiatives
• Assessing the likely adequacy of the impacts of projects and their associated economic development initiatives
• Provide insights and actionable results in well-written reports and presentations to clients, as well as defending the findings
• Provide advice and solutions on economic and development issues for private and government clients
• Conduct secondary research and seeking new data sources in order to prepare complete and accurate analysis, reports and recommendations

Qualifications

• Masters in degree in Economics or Econometrics or Mathematics or Statistics with strong economics

Experience and Skills

• Proven experience in econometric model building, and modelling and forecasting.
• Experience working with macroeconomic data and analyzing economic trends, as well as a strong grasp of the relationships between different sectors, markets and regions.
• Experience in supporting business development and sales activities.
• Experience with financial analysis and reporting, market analysis, and gathering competitive intelligence, particularly in relation to Strategy Consulting
• Experienced with data and analytics visualization software, as well as econometrics software (e.g., Matlab, Eviews, PowerBI, R, Python, Stata, Tableau)
• Strong quantitative skills and are an analytical thinker with experience in driving insights using statistics or data analysis

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Job Description

• To lead the Human Capital function of Sponsor Segment and Investment Banking Division, drive adoption of the Human Capital Partner delivery model and support and guide Business Human Capital Partners in applying Human Capital programmes and business goals in achievement of business strategy and execution of FirstRand People Strategy.

Are you someone who can:

• Identify business needs and lead organisational change initiatives.
• Lead people change leadership initiatives and programmes specific to the business area or segment to support the business need.
• Develop and introduce a people strategy to create a culture that drives the vision, mission and objectives of segment or FirstRand.
• Initiate strategic dialogue to build professional working relationships with all stakeholders, displaying excellent abilities to listen, advise, influence, negotiate and present at all levels.
• Lead and facilitate difficult conflict situations into consensual agreements.
• Integrate opinions and information provided by various sources to make strategic decisions.
• Adapt communication styles to meet the needs of different audiences.
• Continually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodies.
• Find opportunities to leverage relationships and promote knowledge sharing, ideas and insights.
• Represent the organisation on relevant bodies.
• Build and maintain relationships with key industry players both to position the brand favourably and provide direction to industry.
• Shape and drive the segment Human Capital (HC) strategy with a business perspective.
• Participate in the development and implementation of strategic business plans in partnership with Human Capital community across segment or FirstRand.
• Identify segment wide people gaps and define and develop talent themes to drive tactical and operational people plans.
• Keep abreast of industry best practice to enable the formulation of up-to-date strategic plans and policies.
• Provide human capital insights using data analytics to identify trends, problem solving and holistic solutionist thinking.
• Consult and provide solutions related to workforce, talent and organisational matters to senior business leaders.
• Develop forward-thinking solutions based on understanding of relevant business operations and strategies.
• Develop and drive workforce and talent strategic plans.
• Advise on the design and implementation of HC programmes, ensuring programmes remain relevant to the business supported.
• Ensure HC structure and solutions are sustainable and relevant.
• Partner and bring in resources from Experience Architecting to implement HC solutions that meet the distinctive challenges of the business.
• Develop comprehensive strategic talent acquisition, career development, succession planning, retention, training, leadership development, compensation and benefits plans to meet the human capital objectives.
• Act a trusted advisor across the business and build the credibility of the Human Capital function.
• Partner with the Industrial Relations Team in managing external relationships with the Commission for Conciliation, Mediation and Arbitration (CCMA), Labour Court and labour Unions.
• Attend all EXCO and Manco meetings to provide updates on the Human Capital function.
• Maintain expert knowledge on relevant legislative amendments, industry best practices and FirstRand internal compliance procedures and requirements.
• Ensure compliance is adopted in terms of systems and procedures as laid out by Group.
• Design and implement a control framework to ensure the integrity of operations and practices.
• Anticipate and apply and policies/procedures to manage and control both financial and non-financial risks.
• Ensure compliance with audit requirements.
• Investigate and implement measures to correct audit findings.
• Lead and transform the HC function by identifying key HC processes and tools that will create future insights for the business and the HC function aligned to the FirstRand HC People strategy.
• Share learnings and insights with business and HC community to motivate and keep Human Capital and line leaders engaged to deliver on mandated HC requirements.
• Oversee the integration of specialist Human Capital capabilities to enable an innovative and future focused way of work.
• Provide oversight over Human Capital and business projects.
• Empower Human Capital Business Partners to be true business partners that add value and guide business to always do the right thing.
• Support and guide Human Capital Business Partners in partnering effectively with business as and when required and assist them in providing alternatives to add value to their business.
• Hold Human Capital Business Partners accountable for data integrity and execution of required processes and standards.
• Ensure fair and equitable practices by implementing comprehensive Employment Relations policies and procedures.
• Consult with Human Capital partners on the development, implementation and changes to human capital policies and initiatives.
• Review and recommend changes to relevant HC policies and procedures annually or as the need arises.
• Maintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholders.
• Maintain up to date knowledge of local and global trends.
• Provide thought leadership and expertise.
• Conduct abstract, conceptual and comparative analysis of high-level reports for strategic decision-making purposes.
• Ensure business strategy of area of accountability is adequately budgeted for to drive the financial performance of the business.
• Apply a customer-centric approach to ensure customer satisfaction.
• Define and facilitate the Business customer service value proposition.
• Drive strategic relationships with relevant peers to enable optimisation of the business value chain.
• Demonstrate leadership by providing strategic direction, fostering high ethical standards in meeting Organisational vision and goals, and design and implement strategies that maximise employee potential.
• Ensure development and implementation of the business Transformation plan and creation of an inclusive culture for employees.
• Lead implementation of performance management plan that optimises delivery and builds a culture of recognition and fairness across the business area.

You will be an ideal candidate if you:

• Hold a relevant Masters / Hons / Degree in Human Resources / Industrial Psychology 
• Have 9 years plus experience in a similar role
• Banking industry experience

You will have access to:  

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

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Job Description

• To lead a team of Transaction Managers who are responsible for coordinating the end-to-end transaction fulfilment process supporting Investment Banking Products, in conjunction with various stakeholders (both internal and external to the bank) with a specific focus on deal closing, facility origination, ongoing facility administration, collateral management and the effective and maximum use of the Bank’s various operating systems. managing the life cycle of a transaction

Are you someone who can:   

• Management and oversight of the team responsible for performing the day-to-day functions across the portfolio.
• Identifying opportunities to use technology to automate manual procedures and driving delivery thereof by managing the IT delivery process.
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
• Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks.
• Provide input into the development of the tactical strategy and develop and implement a supporting operational strategy.

You Will Be an Ideal Candidate If You Have:

• Relevant degree (BCom) Preferably Hons
• 5 to 8 years Investment Banking Experience
• Investment Banking, with in depth knowledge of Resources and Debt Financing
• Analytical, attention to detail, managing demanding stakeholders, able to build and upskill team members with the relevant industry knowledge.

You will have access to:  

• Opportunities to network and collaborate
• Challenging work
• 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
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
• Love putting our clients at the forefront of what you do
   

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Are You Someone Who Can: ​

• Unpack and critically think about the risk of new and existing debt and equity deals for clients across a broad range of geographies and industries
• Engaging with the client,
• Interrogating a client’s business model and identifying risks,
• Assessing financial data put forward by the client,
• Building a financial model to forecast performance or assessing a model put forward by the client or the client’s advisors for accuracy and appropriateness,
• Working alongside the deal to structure a deal in line with the risk philosophy of the bank,
• Assessing and managing overall limits for a client in line with the bank’s risk framework
• Putting forward a deal for recommendation after objectively assessing all the facts.
• Taking ownership of the application which requires strong report writing skills,
• Managing the timelines of a deal in line with the agreed-upon submission deadline, and
• Presenting a deal at committee and working together with the deal team to take questions and answers which require strong verbal skills, the ability to debate and manage differing views and ultimately influence and negotiate a good outcome for both the client and the bank.
• Building and maintaining professional working relationships with all stakeholders, which includes working alongside experienced business and risk executives and acting as a bridge,
• Adaptation of communication styles to meet the needs of different audiences

You Will Be An Ideal Candidate If You:

• Are ideally CA (SA) or CFA with approximately 3-5 years credit analyst experience within Investment Banking / Financial Services.
• Strong work ethic with a self-starter attitude and a keenness to take ownership of the role’s opportunities and personal development
• Resilience and an openness to receiving and sharing feedback,