Current Openings 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

go to method of application »

Job Description

• To perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing, ensuring timely escalation, to minimise risk.

Are you someone who can: 

• Offer our Markets clients the very best customer experience across multiple platforms.
• Build sound relationships with internal and external stakeholders.
• Produce consistently high-quality outputs within agreed deadlines.
• Display attention to detail, checking instructions and ensuring trades are booked, matched and settled correctly on source systems.
• Are you someone who can engage with co-workers and able to collaborate with your team to achieve desired goals.
• Are you flexible, open to change and can quickly adapt to different roles.
• Are you reliable, we are looking for employees whom we can count on, one who arrives on time and finish their tasks on time.
• Integrity and Honesty are non-negotiable. Without honesty and integrity, there can be no trust; without trust, no organization can function. You need to be able to trust your employees to do the work they say they’ll do, protect sensitive company information, and so much more. Trust can also help build a healthier workplace culture with more robust teamwork and transparency practices.

You will be an ideal candidate if you: 

• Have a certificate or Diploma in business, finance, information systems, or related fields
• Have 3 to 5 years of experience in a similar environment, 1 to 2 years ideally at a senior specialist level.
• In depth understanding of Money Market dematerialization and trade life cycle.

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
• Love putting our clients at the forefront of what you do

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Job Description

• To design, develop and enhance best in class platforms, underpinned by market analytics, execution strategies, models used for pricing and risk management used to enhance and inform strategic decisions
• To provide analytical support and interpret insights to address business opportunities and problems
• To provide analytical support and interpret insights to address business opportunities and problems

Are you someone who can: 

• Analyse the trading strategies in the market and assess the extent to which the platform is performing
• Liaise with Traders to improve trading strategies and provide ongoing technology-based innovation in the Global Markets trading space
• Identify opportunities to make money or improve methods of making money e.g. through automating processes and reducing risk
• Liaise with specialist Traders to understand their needs and distil ideas
• Analyse what's working and what's not and re-define criteria processes strategy and metrics accordingly
• Read academic papers and look for strategies that sound viable collect and mine data perform simulations to test for viability and continually adjust as required
• Maintain awareness of risk and its consequences
• Liaise with relevant stakeholders to analyse requirements of the trading platform model the code and develop the solution
• Perform integration and unit testing
• Validate and get sign-off from business stakeholders
• Roll-out and manage change
• As custodians of the system maintain the platform and provide real-time support
• Generate analytics for monitoring and continual improvement purposes

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

Qualifications

• Minimum: Bachelor’s degree in Computer Science, Engineering, Quantitative Finance, or a related field
• Preferred: ACI, RPEs – Willingness to obtain the qualifications if not available

Experience and Skills

• 10+ years’ experience as a Java Developer or Software Engineer
• Experience as a Java Subject Matter Expert
• Experience in mentoring and supporting young/junior developer talent
• Experience with Spring, Maven, Tomcat, Java, React
• FIX knowledge is advantageous
• Experience in technical architecture, Multi-threading
• Experience in high-performance or low-latency platforms

Knowledge and Skills

• Programming Languages: Advanced expertise in C++, Python or Java for developing low-latency, high-performance trading systems. Familiarity with additional languages like R or MATLAB is beneficial.
• Machine Learning and Statistical Modelling: Proficiency in machine learning libraries and statistical modelling for algorithm development and enhancement.
• Low-Latency Systems: Knowledge of low-latency programming techniques, including memory management, concurrency, and multithreading, to optimize algorithm performance.
• Market Microstructure and Order Flow Analysis: Knowledge of market microstructure, order types, and order flow analysis to improve trading strategies.
• Database Management: Expertise in advanced database management systems, with knowledge of time-series databases for real-time data processing.
• Backtesting and Simulation Tools: Proficiency in developing and using backtesting frameworks to evaluate the effectiveness of trading algorithms.
• Data Analysis and Visualisation: Ability to analyse and visualize large datasets, using tools like Pandas, SQL, and Tableau, to identify trading insights.
• API Development and Integration: Experience with RESTful APIs ,WebSocket and FIX  protocols for connecting trading algorithms to exchange data feeds and broker platforms.

In order to apply you need to be

• Self-driven because we expect you to work independently
• Collaboration is key as you will work with other team members on-site and offsite
• RMB is a high-performing "outperformance" culture
• You need to be willing to unlearn and relearn
• Willing to do ACI dealing certificate and RPE's in the first 18 months (from the onset) if not already obtained

Expectations

• Process/Environment Improvement or Cost Optimization
• Production Management
• Own and drive a Large complex business initiative (Project Level)
• Direct stakeholder management.
• Technical designs
• Knowledge Sharing

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 

go to method of application »

Job Description

• To manage the life-cycle of a transaction and mitigate associated operational risks
• 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
• Continually look for ways to enhance efficiencies
• 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 development
• 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
• Continually share debate and communicate learnings
• Flag and debate issues constructively
• Promote a friendly cooperative climate

go to method of application »

Job Description

• To provide comprehensive administrative and secretarial support to the relevant line managers by managing day-to-day operations, including scheduling, document preparation, and client interaction, to ensure the manager's/leader’s time is effectively utilised. Act as a key liaison between the managers and both internal and external stakeholders, ensuring seamless communication and efficient handling of administrative tasks. Leverage strong organisational skills, the ability to manage confidential information, and the capacity to anticipate the needs of the manager in a high-pressure, fast-paced environment.
• Coordinate the line manager’s calendar, scheduling meetings, and appointments to optimise time management and ensure all commitments are met efficiently.
• Responsible for the administration of vendor management processes for the area of responsibility including the following activities:  Request Management, Invoice Processing, Reconciliation of vendor finances
• Prepare agendas, presentations, and reports for internal and external meetings, ensuring the manager is well-prepared with all necessary materials in advance.
• Organise domestic and international travel plans, including booking flights, accommodation, and ground transportation, ensuring compliance with company policies and budgetary constraints.
• Maintain and organise electronic filing systems for critical business documents, ensuring that all records are easily accessible and up to date.
• Draft, review, and distribute professional emails, letters, and other correspondence on behalf of the manager to internal and external stakeholders.
• Serve as the first point of contact for clients and stakeholders, managing relationships professionally and ensuring queries are directed to the appropriate channels.
• Process and reconcile the manager's expense claims, ensuring adherence to company policies and timely submission of required documentation.
• Plan and manage logistics for team and client events, including booking venues, catering, and coordinating all necessary event materials and presentations.
• Compile and distribute regular reports on business performance, project updates, and other relevant data to ensure the manager has clear visibility of ongoing activities.
• Manage sensitive business and personal information with the utmost confidentiality, ensuring data protection and compliance with legal and ethical standards.
• Assist in the prioritisation of tasks and projects, ensuring urgent items are addressed promptly while maintaining attention to routine tasks.
• Leverage FirstRand Group capabilities to take advantage of opportunities that will benefit the business area.
• Take part in special projects within the ambit of the business area and remain appraised of all developments so that the relevant support can be rendered to the various teams/individual professionals/line managers.
• Liaise with various internal departments to ensure smooth collaboration and coordination on business projects, tracking progress and updating the manager as needed.
• Maintain records of the manager’s activities, deadlines, and follow-ups, ensuring that no critical tasks are overlooked and that deadlines are consistently met.
• Provide administrative support for special projects, including compiling research, creating spreadsheets, and assisting with the project’s overall coordination.
• Attend key meetings and record minutes, highlighting action items and ensuring timely follow-up on deliverables from various stakeholders.
• Work collaboratively with team members and other departments to ensure smooth and efficient operations, fostering a cooperative and supportive work environment.
• Contribute to a high-performance culture by consistently meeting deadlines, demonstrating initiative, and maintaining a professional and proactive approach to tasks.
• Use initiative to anticipate the manager’s needs and resolve administrative issues independently, escalating only when necessary.
• Demonstrate flexibility in adjusting to the changing demands of the role, including managing last-minute scheduling changes or urgent requests.

go to method of application »

Job Description

• To automate the processes between software development and IT teams to enable continuous delivery through designing, developing, testing and releasing software frequently, faster and more reliably in an agile environment 
• To ensure continuous delivery through continuous integration and continuous deployment Using Lean thinking, ensure continuous improvement and collaboration between development testing and operations

Are you someone who can: 

• Increase operational efficiency and suggest solutions to enhance cost effectiveness
• Control costs for business area
• Plan, implement, manage and report on cost effectiveness and communicate or escalate any variances
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in
• Engage in cross-functional relationships to obtain and to provide work support
• Contribute to sustaining a competitive edge through external networking, benchmarking and representation on related forums
• Assess client needs utilizing a structured requirements process i.e. gathering, analyzing, documenting, and managing changes

You will be an ideal candidate if you have:

• Minimum 5 years of experience with Microsoft Azure
• AZ-104 certification, AZ-305 would be a plus
• Experience with version control tools like Git, BitBucket.
• Experience with provisioning and operating CI/CD tools, either from Azure or using Jenkins
• Operating systems: Windows Server, RHEL
• Platforms: AKS, OpenShift would be a plus
• Runtime Environments: .net, IIS, Tomcat, Wildfly

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
   

go to method of application »

Job Description

• To design, specify, build, configure, and test solutions for delivering the necessary capability to business that enables quality solutions and a client centric orientation.

Are you someone who can:

• Offer our Markets clients the very best customer experience across multiple platforms and asset classes.
• Analyse, design, and implement solutions for financial modelling, including product pricing, curve stripping, and scenario analysis.
• Devise innovative pricing and risk management solutions, while supporting related IT processes, testing, and production needs.
• Continuously troubleshoot and validate processes, ensuring high-quality outputs that align with business and client requirements.
• Adapt to evolving business needs by proactively exploring opportunities and implementing processes or technologies that add value.

You will be an ideal candidate if you:

• Have a Bachelor's degree in Mathematical Finance or another quantitative discipline (a postgraduate qualification is a plus).
• Possess 3 to 5 years of experience in a similar environment, including 1 to 2 years at a junior specialist level, with expertise in quantitative, risk, and business analysis.
• Demonstrate proficiency in SQL, a solid understanding of data models, and knowledge of multi-asset classes and trade lifecycle processes.

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