Current Openings at Rand Merchant Bank

Job Description
The purpose of the role is as follows:

• To collaborate with cross-functional teams to collectively decipher requirements and apply a deep knowledge of quantitative methodologies in the context of the core businesses. i.e. Trading, BRM, Risk, Credit.
• To lead the analysis, investigation, collaboration, implementation, optimisation, and maintenance of business solutions.
• To be a hands-on leader for the Quantitative Business Analysts that includes line management and delivery oversight.

Are you someone who can do the following: ​

• Integrate specialist understanding of Investment banking, technology, business processes, and data analysis to provide an optimal solution that satisfies stakeholder needs and requirements, expanding the delivery footprint of the capability.
• Engage with internal business (viz. Trading, Risk Managers, XVA specialists, Quantitative specialists) and technical stakeholders to understand requirements and ensure objectives, priorities and key requirements are agreed.
• Ensure adequate and timely responsiveness and resolution on production incidents and feedback on queries relating to risk, pricing and technical queries linked to Workflows, Integration and Reporting.
• Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.
• Provide input into the design and implementation of scalable, fit for purpose and resilient platform solutions.
• Liaise with external contracted suppliers (e.g., CompatibL) to implement new solutions required by business and technology users according to an agreed roadmap.
• Build and manage an effective, skilled team with appropriate succession planning.
• Manage performance of employees by clearly defining goals and objectives and providing direction, coaching and regular feedback
• Drive team optimisation and synergies by organising the team with client and output aligned goals through Quarterly Business Reviews and agile ceremonies and practices.
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
• Build effective relationships that allow for the managing of expectations, the sharing of knowledge and diverse insights, the creation of buy-in and aligned delivery focus.
• Initiate stakeholder engagements to track progress, manage expectations and ensure stakeholders' requirements are delivered.
• Research, enable and consult on improvements and opportunities to harness technology and platform enablement.
• Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy

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

Qualifications

• Minimum qualification: post-graduate qualification in Mathematical Finance, Statistics, or another quantitative discipline

Experience and Skills

• 3 to 5 years’ experience in a similar environment, of which 1 to 2 years ideally at junior (entry level) management level
• Experience in experience in implementing and supporting Financial Markets systems and related interfaces.
• Experience in designing, testing, and configuring quantitative systems.
• Experience and knowledge in at least one of the following areas : Market / credit risk / XVAs (incl. CVA, SA-CCR, KVA, SA-CVA, MVA, etc)
• Working knowledge of SQL and ability to analyse data.
• Multi asset class, and trade life cycle knowledge
• Business process modelling and design capabilities.
• Understanding of data models and ability to validate data flows between and within systems

Deadline:2nd April,2026

go to method of application »

Job Description

• To build new models for the pricing and risk management of derivatives, frequently bespoke structures, and XVAs.
• To provide quantitative support and innovation to trading desks.

Hello Future Front Office Quantitative Analyst

• 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 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are You Someone Who Can

• Analyse and research specific products. Initiate and implement mathematical modelling of the trade in line with given requirements
• Liaise with traders to ascertain requirements for pre-trade pricing
• Provide Traders and Structurers with functionality so that they can use the model
• Support any trade or business approved by the deal committee forum
• Ensure models provide stable risk that is well understood and it captures all risk
• Apply a pragmatic lens where needed to make decisions regarding theory and practice
• Build proficiency in usage of pricing libraries and systems used for flow and structured/exotic trades
• Support modelling across vanilla, XVA and exotic trades, as well as counterparty risk on the trading book.
• Challenge the status quo where appropriate and in line with industry best practice
• Familiarity with regulations relating to derivatives and SFTs e.g. FRTB, SIMM
• Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve correct 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 adapt problem solving based on continual feedback
• Act speedily to resolve problems, queries and complaints
• Ability to thrive in an unstructured environment where daily tasks are not obvious and urgent items may arise
• Adapt communication styles to meet the needs of different audiences
• Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
• Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
• Stay relevant and up to date with legislations and new developments in quantitative finance
• Maintain a positive attitude and respond openly to feedback
• 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
• Take ownership of personal career development, leveraging formal and informal opportunities
• Read situations and organisational realities
• Set aside personal agenda for the greater good
• Act in an ethical, transparent and morally defensible manner including highlighting unethical practices
• Share, debate and communicate learnings
• Flag and debate issues constructively
• Promote a friendly and cooperative climate  

You Will Be an Ideal Candidate If You

• Education: Minimum honours degree with some quant finance, Masters preferred
• 5 to 10 years in quantitative finance (ideally investment banking)
• Systems familiarity preferred: CompatibL, Murex
• Coding profiency: C#, Python
• Industry: Investment Banking 

You will have access to:

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

Deadline:2nd April,2026

go to method of application »

• This role entails delivering technology solutions for the division, which may entail the development or acquisition of software solutions, the implementation of those solutions as well as the ongoing maintenance of those solutions. The role will support the TTS / Corporate channel delivery for employee and client facing channels.

Are You Someone Who Can:

• Identify, control and escalate potential risks which may lead to increased costs.
• Manage costs or expenses within approved budget to achieve cost efficiencies.
• Deliver against operational and cost targets.
• Prioritise resource allocation to minimise and reduce wastage.
• Ensure that delivery is accurate, timeous and of an acceptable standard.
• Ensure that product or service knowledge and advice is technically accurate.
• Know and understand customer needs to deliver a quality service.
• Propose ideas to improve customer service.
• Ensure the Product Owners know how to arrange the product backlog to maximise value.
• Find techniques for effective product backlog management.
• Support Product Owner and coach business on agile practices.
• Understand product planning in an empirical environment.
• Ensure sufficient time is allocated to grooming and sprint planning.
• Ensure business involvement at all stages of developments.
• Plan training interventions which support RMB and Group strategies.
• Keep abreast of learning opportunities, changing products and trends.
• Analyse the internal service delivery processes and comes up with innovative ideas and/or participate in working groups to improve and streamline processes, increase revenue, drive efficiencies and minimise redundancy and waste.
• Monitor and control the quality of agile processes in terms of defined standards
• Assist development teams to create high-value products i.e. through visibility of sprint backlog or scrum board and an updated sprint burn down chart.
• Facilitate scrum events as requested or needed.
• Recommend and implement improvements to the environment for Development Teams.
• Facilitate Agile coaching sessions for business and IT.
• Recognise areas for improvement and implementing improvements in collaboration with other Scrum Masters.
• Provide updates to the business on the progression towards the desired maturity level.
• Drive delivery of projects that advances the business objectives defined in our strategy.

You Will Be An Ideal Candidate If You:

• 5+ years of hands-on experience as a Scrum Master / IT Project manager.
• Proven track record managing large-scale, cross-functional projects.
• Proven success in coaching cross functional teams.
• Experience with transformational programmes and SDLC frameworks.
• Familiarity with tools like Jira, Azure DevOps, and Confluence.

Skills & Competencies:

• Deep understanding of SDLC principles and IT Project management / Development practices
• Strong facilitation, conflict resolution, and servant leadership skills
• Ability to mentor juniors and lead by example
• Excellent communication, organizational, and stakeholder management skill

Deadline:3rd April,2026

go to method of application »

• To manage the life cycle of a transaction and mitigate associated operational risks
• Mitigate operational and reputational risk by ensuring the quality and accuracy of transaction data, ensuring alignment with regulatory requirements, and supporting effective risk management practices. 
• Collaborate with various stakeholders, including traders, risk management teams, and back-office processing functions, to uphold data integrity, streamline processes, and enhance the overall efficiency and accuracy of transaction management.

Are you someone who can:

• Coordinate and participate in any ad hoc project as required.
• Read and understand legal agreements in order to draw up an amortisation schedule and book deals.
• Derive payment amounts from the legals and amortisation schedule.
• Prepare notification to clients and submit payments to team leader for approval.
• Ensure all legal requirements are fulfilled before draw down can occur.
• Ensure all ongoing deal management tasks are performed in line with the legal agreements.
• Settle all instruments on the correct systems.
• Clear reconciliation and exception report items within SLA timeframes.
• Respond to queries from internal and external stakeholders.
• Prepare financial statements, investor reports and other reports required by the regulators.
• Conduct detailed reviews of transaction data to identify discrepancies, verify completeness, and ensure data integrity within transaction systems, thus supporting reliable financial reporting.
• Validate that all transactions are booked accurately and in line with client instructions and regulatory requirements to minimise booking errors and reduce operational risk.
• Identify and flags any inconsistencies or irregularities in transaction data, escalating issues promptly to mitigate financial and reputational risk.
• Attend DCF's for all new deals and comment on Legal Agreements and ensure that the legal agreements can be operationalised.
• Reconcile transaction records across different systems to confirm data consistency and integrity across platforms.
• Communicate transaction data quality insights to internal stakeholders, including traders and risk managers, ensuring transparency and promoting proactive issue resolution.
• Develop and monitor key metrics for data quality within the transaction management function, ensuring consistent and quantifiable improvement.
• Identify and implement process improvements to enhance efficiency, accuracy, and client service in transaction management data quality, contributing to operational excellence.
• Collaborate with internal teams i.e., legal, compliance, credit, and operations to ensure cohesive and efficient transaction management.
• Engage in ongoing training and development activities to build expertise in transaction management.
• Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.
• Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement.

You will be the ideal candidate if you have:

• Bachelor’s Degree in Finance, Business Administration, Economics, or related field.
• Minimum 4 years’ experience in a middle office TM operations environment or equivalent
• Experience with transaction management software and related tools.
• Knowledge of regulatory requirements in Corporate and Investment Banking.

Deadline:2nd April,2026

go to method of application »

• The purpose of the Fiduciary Portfolio Oversight Manager is to co-ordinate, guide and manage a team of Fiduciary Oversight Portfolio Analysts and Specialists who perform the detailed oversight of the administration and conduct of the collective investment scheme (management company) thereby ensuring safekeeping of assets and the protection of participatory interest holders. The purpose of the Fiduciary Portfolio Oversight Manager is to oversee and provide support and guidance to collective investment scheme management companies through the provision of accurate and reliable intelligence (information) together with analysing trends and data through regular reports to improve the quality of oversight decisions.

Are you someone who can: 

• Provide guidance and support to collective investment scheme management companies to ensure the protection of underlying participatory interest holders
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
• Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability
• Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map and the protection of participatory interest holders
• Research, enable and consult on improvements and opportunities to harness technology and platform enablement
• Review existing processes and suggest innovative ideas to improve and streamline processes to reduce risk, drive efficiencies and minimise redundancy
• Manage team delivery against goals in the area of responsibility
• Manage performance moderation, disciplinary action, recognition and retention processes in line with HR policies and procedures
• Participate in Talent Management practices and processes in line with HR policies and procedures
• Implement employment equity plan targets in all recruitment and employee movement activities
• Manage performance of employees by clearly defining goals and objectives and providing direction, coaching and regular feedback
• Ensure skills are transferred in specific functions
• Ensure conflict resolution and respond to any complaints or concerns
• Set relevant stretch goals for team and motivate achievement
• Promote teamwork and inclusivity amongst team members and demonstrates behaviours that respect diversity
• Partner and collaborate with team members to achieve team success
• Share information and knowledge that benefits the team
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared
• Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies
• Participate in specialist communities of practice and contribute positively to own and organisational

You will be an ideal candidate if you: 

Qualifications

• Post-Graduate degree in Finance, Accounting, Investment Management
• Additional certifications such as CAIA, CFA, CIPM or FRM would be advantageous

Experience and Skills

• 3 - 5 years experience in a similar environment, of which 1 - 2 years ideally at junior (entry level) management level
• Good understanding of the regulatory framework, within the the Collective Investment Scheme industry.
• Good understanding of risk management, accounting and investment principles as they relate to Collective Investment Schemes
• Good understanding of the administration of Collective Investment Schemes and the oversight thereof
• Strong organizational skills that reflect an ability to perform and prioritize multiple tasks in an energetic environment with multiple priorities
• Excellent communication and analytical skills in both written and spoken English.
• Excellent judgment and ability to anticipate legal issues or risks.
• Proactive approach to problem solving.
• The ability to process information quickly and to apply that information in finding solutions.

Deadline:9th April,2026

go to method of application »

• With extensive experience, innovative achievements, and a notable client base, we are a trusted partner for top corporate brands in South Africa and Africa. Our Payments Distribution Agency division is the largest and most acclaimed PDA in South Africa.
• To build and maintain a client base in line with its growth objectives

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
• Make cold calls and obtain leads and referrals from stakeholders
• Be creative in generating new leads
• Identify opportunities through different sources and stakeholders
• Meet with potential clients and understand their needs
• Provide and propose solutions around the requirements, and assist with the implementation of the deal
• Identify credit requirements from the client
• Submit GM credit requirements to a Credit Analyst for submission to the Credit Committee
• Attend credit forums and provide support to the presenter as required
• Assist with relationship pricing
• Make regular visits to clients to maintain relationship and business
• Create calling plan and entertainment plan
• Review pricing constantly to ensure pricing is competitive
• Understand the clients business and identify opportunities to cross sell and introduce new products or additional solutions
• Review pricing to maximise revenue
• Keep abreast of changes to clients business
• Interrogate reasons for loss of client
• Gather all required documentation from client and submit to KYC team
• Originate the need for KYC, and inform the client of completion of KYC process
• Continue with the additional take on process
• Oversee this process and handle concerns or obstructions and resolve issues
• Oversee loading of client on the system
• Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
• Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
• Stay relevant and up to date with legislations and new developments
• Maintain a positive attitude and respond openly to feedback
• 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
• Take ownership of personal career development leveraging formal and informal opportunities
• Read situations and organisational realities
• Set aside personal agenda for the greater good
• Act in an ethical transparent and morally defensible manner including highlighting unethical practices
• Share debate and communicate learnings
• Flag and debate issues constructively
• Promote a friendly cooperative climate

You will be the ideal candidate if you have:

• Degree in a related field
• 4-5 years' experience in business development (Preferably in a similar environment)

Deadline:7th April,2026