Fresh Openings at RMB - Rand Merchant Bank

• This role entails planning, building, optimising and implementing innovative quantitative analytical methodologies, procedures, products and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy, with minimal guidance.

Are You Someone Who Can:

• Take all necessary actions to ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
• Ensure implementation of relevant policies, governance and practice standards across the business.
• Maintain expert knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.
• Ensure compliance is adopted in terms of systems and procedures as laid out by business.
• Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks.
• Innovate by finding the best fit solution for the situation such as the flexibility of delivery and customised solutions which result in more efficient outcomes.
• Maintain ownership of models through regular audits and updates to ensure relevance.
• Plan and perform regular model updates that capture evolving business complexity in current models
• Challenge current models to ensure relevance and accuracy of outputs.
• Test outputs and accuracy of models to ensure relevance.
• Use data and analytic insights to provide input into improving customer experience through a better understanding of the customers context to identify monetisation opportunities and monitoring implementation of business decisions to recommend enhancements utilising statistical modelling and data analysis.
• Validate, interpret and create reports and presentations for data analytics management and relevant stakeholders.
• Review and assist more junior Quantitative Analysts with processes and models.
• Adhere to model building policies, standards, frameworks, and governance process.
• Ensure own ethical usage of information that complies to restrictions applied for privacy and sensitivity classification.
• Understand and ensure implementation and adherence to Privacy business requirements, legislation and policy.
• Ensure reporting of any Information Privacy Incidents and escalate appropriately for resolution of Privacy and Protection Audit, Findings, Complaints, Incidents, Investigations and Privacy and Protection Assessments.
• Provide input into creation of delivery plans for achievement of outputs / deliverables in collaboration with business stakeholders to understand information requirements for strategy delivery and define metrics that track performance.
• Assist in analysis of available data to identify information commercialization opportunities that have not been explored to address business needs and revenue options.
• Assist in productionilisation of analytics in the approved FirstRand architecture by translating technical data information into practical business information that addresses identified needs.
• Analyse information requirements, availability and quality of data to feed into management for resolution.
• Contribute to the development of core analytical capabilities or model libraries using advanced statistical, quantitative or econometric techniques and utilize as appropriate.
• Collaborate with numerous departments across the business to aid them in the proper use of data to ensure delivery of desired operational results.
• Participate in relevant project related to the businesses overall analytical needs and opportunities.
• Assist as SME for analytics applying own understanding of the operations of the business product or service.
• Determine the business questions that need be answered and determine appropriate analytics models for utilization.
• Source and do some preparation (20-30%) of relevant data sources for analysis.
• Translate business requirements into tangible models utilizing own understanding of the business value of projects, models and processes.
• Develop and apply analytical algorithms and methods to build, test and implement robust mathematical models and analytical solutions that address business problem, opportunities and improve business outcomes i.e., reduced risk and costs, increased profitability, optimized efficiency and to facilitate strategic decision-making.
• Build models that analyze processes to recommend areas for optimization to achieve cost savings, revenue generation or efficiency improvements for the business.
• Document and audit relevant processes.
• Document and implement models to address specific business requirements.
• Conduct appropriate manipulation and analysis of data to pro-actively identify and meet needs of the business for the purpose of future work and to ensure high information-quality and reliability across the business.
• Deliver within broad parameters.
• 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.
• 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.
• Develop, encourage and nurture collaborative relationships across the FRG.
• Assess own performance through seeking timely, and clear feedback and request training where appropriate.

You Will Be An Ideal Candidate If You:

• have a Bachelor of Science in Mathematics
• have 4 to 5 years' experience in Analytics

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• In this role, you will be required to serve as the deep subject matter expert (SME) in software quality assurance, guiding the testing team and the broader organisation in best-, next-, and emerging testing practices.
• Guide the testing strategy definition, and continuously evolve the testing strategy, ensuring the effective integration of functional, automated, and performance testing into software development lifecycles. 
• Provide expert-level insights, drives innovation in testing methodologies, and ensure that the testing function remains at the forefront of industry advancements. 
• Champion test optimisation, automation scalability, and performance engineering to enhance software quality, speed, and resilience.

Are You Someone Who Can:

• Establish and refine the test strategy by incorporating best practices in functional, automation, and performance testing, ensuring alignment with the organisation’s technology and business objectives.
• Act as a trusted SME and thought leader in the testing domain, providing expert guidance on new and emerging testing methodologies, frameworks, and tools.
• Develop a future-ready test capability by researching, evaluating, and implementing advanced testing approaches, including AI-driven test automation, predictive defect analysis, and continuous testing in DevOps environments.
• Oversee the adoption and scaling of automation and performance testing frameworks, ensuring their optimal integration into CI/CD pipelines for continuous quality assurance.
• Mentor and coach the testing team by providing hands-on leadership, technical direction, and knowledge-sharing sessions to upskill team members.
• Define, monitor, and refine quality metrics and KPIs to measure the effectiveness of functional, automated, and performance testing efforts.
• Collaborate with architects and engineering teams to incorporate testing principles into system design, ensuring testability and performance are built into solutions from the outset.
• Lead the continuous evolution of test environments and tooling, ensuring they remain cutting-edge and fit for purpose in a cloud-native, API-driven, and microservices architecture landscape.
• Conduct deep-dive reviews of complex test scenarios and defect patterns, identifying systemic issues and recommending long-term fixes to improve software resilience.
• Champion shift-left and shift-right testing practices, embedding testing earlier in the development lifecycle while ensuring robust monitoring and validation in production environments.
• Engage with industry forums and networks, bringing insights into emerging trends such as autonomous testing, synthetic test data generation, and chaos engineering.
• Drive cross-functional collaboration with developers, DevOps engineers, and business stakeholders to optimize testing efficiencies and minimise time-to-market.
• Ensure effective risk-based testing approaches, prioritising test coverage for high-impact business functionalities and mission-critical applications.
• Advocate for and secure investment in advanced testing technologies, ensuring the organisation remains competitive in delivering high-quality software solutions.
• Act as the final point of escalation for complex testing challenges, resolving critical issues and guiding the team toward data-driven testing improvements.

Qualifications and Experience:

• Bachelor of Science in Computer and Information Science. A Bachelor of Science with Honours will be advantageous.
• 6 to 8 years' experience in IT Testing.
• Familiarity with Swift ISO 20022 payment messaging standards is highly desirable.
• Knowledge of payment systems and ISO standards will be an advantage.

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Job Description

• To design and optimise organisational structures, operating models, and workforce frameworks to align with strategic business objectives by conducting in-depth analysis, collaborating with key stakeholders, and developing solutions that enhance operational efficiency, employee engagement, and business performance. 
• To ensure compliance with relevant policies, legislation, and industry standards while fostering a culture of innovation and adaptability within the organisation.
• Conduct detailed organisational diagnostics to evaluate existing structures, processes, and operating models, ensuring alignment with strategic goals and business needs.
• Design and implement optimised organisational structures that balance workforce capacity, functional responsibilities, team-centricity, and cost efficiency to achieve adaptability and sustainable business growth.
• Develop and apply organisational design frameworks, templates, initiatives, methodologies, tools, and standards for organisational design interventions, to ensure consistency and effectiveness in design processes.
• Develop and maintain job families, job architectures, and job libraries to support career development, talent management, and succession planning.
• Support HC client partnering teams and business stakeholders with themes and levels of work, facilitating an understanding of stratified systems theory and its application within (or across) the organisation.
• Perform workload analysis and workforce planning to identify capacity gaps and recommend strategies to address short- and long-term resourcing requirements.
• Collaborate with business leaders to identify and address pain points in operational workflows, recommending adjustments to roles, teams, or reporting structures to improve efficiency.
• Facilitate workshops and engagements with stakeholders to align on design principles, gain consensus on proposed changes, and to solicit feedback on delivery and implementation thereof.
• Analyse and interpret data to provide insights on headcount, organisational health, and effectiveness metrics to inform design recommendations.
• Engage and interact with various operational systems and processes and support HC stakeholders to do the same, for the resolution of any data gaps, ensuring data integrity.
• Partner with HC teams to integrate organisational design strategies with talent acquisition, learning and development, and performance management initiatives.
• Conduct impact assessments for proposed changes, identifying risks and mitigation strategies to ensure seamless implementation of organisational changes.
• Provide input into change plans as needed with change management stakeholders/expertise to support organisational transformation and minimise disruption to operations.
• Provide expert advice on organisational design best practices and trends, tailoring solutions to the specific cultural and operational context of the business.
• Drive and monitor quality assurance of organisational design projects or initiatives (operating models, structures, role profiles and job evaluation).
• Monitor and evaluate the effectiveness of implemented organisational designs, making continuous improvements to address evolving business needs.
• Ensure compliance with relevant labour legislation, industry regulations, and governance standards during the organisational design process.
• Maintain comprehensive documentation of design activities, including current and future state organisation charts, role definitions, and process maps, to ensure transparency and traceability.
• Collaborate with reward stakeholders to ensure alignment between the remuneration review framework and role architecture data.
• Participate in relevant bodies that ensure collaboration with colleagues across the HC community in the Group, to continuously build OD and HC capability within the organisation.
• Build working relationships across teams and functional lines to enhance work delivery, collaboration and innovation.
• Creates solutions to meet customer demands to deliver internal and external customer service excellence through adherence to quality service standards.
• Ensure implementation of relevant policies, governance, and practice standards across the business.
• Ensure compliance is adopted in terms of systems and procedures as laid out by organisation and review in response to audit findings and changes.

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Job Description

• The purpose of the Macroeconomist is to conduct economic research, investigate dynamic macroeconomic relationships, and understand the functioning of various economies. This fosters a deeper understanding of a country's economic structure and its influence on business cycles, unemployment, inflation, interest rates, and international finance, as well as how these dynamics shape monetary and fiscal policy decisions. 
• Secondly, the purpose of the Macroeconomist is to use the macroeconomic research findings to aid RMB and its clients in making informed economic assessments and developing effective business strategies. RMB clients include the broader FirstRand Group, multinational corporations, institutional investors, as well as sovereigns.

 Responsibilities 

• Build and maintain a suit of macroeconomic models that are used to forecast the Sub-Saharan Africa and other relevant economies.   
• Produce short-term and long-term forecasts of various economic variables of interest to RMB and its clients.
• Investigate global macro and financial 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 and various industries.  
• Developing iconic firm-wide thought leadership pieces on macroeconomic trends for external publishing
• Analyse and research key sectoral economic trends related to a wide variety of scopes which includes energy, infrastructure, decarbonisation, climate change, and population dynamics on long-term economic growth, and how these will change the structure of the economy.  
• Provide insights in well-written reports and presentations to clients, as well as defend the findings. 
• Provide advice on economic and development issues for private and public sector clients.
• Conduct secondary research and seek new data sources to prepare complete and accurate analysis, reports and recommendations. 
• Develop and build meaningful relationships with clients, policy makers and think tanks.

Qualifications

• Masters in degree in Economics, Econometrics or Mathematics or Statistics or other related qualifications deemed to be on the same level.

Experience and Skills

• Minimum five years of proven experience in econometric model building, and modelling and forecasting.
• Minimum of five years of proven experience economic report writing and presentations
• Proven 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)
• Strong quantitative skills; an analytical thinker with experience in driving insights using statistics or data analysis
• Proficiency in a second language such as Portuguese or French will be considered an advantage.

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Job Description

• Designing and hedging of complex derivatives and financial instruments by keeping abreast of developments in financial markets, financial mathematics, accounting standards, legislation and statutory requirements. This role will ensure that the structures designed balance out client needs, profitability and prudent risk management.              

Hello Future Trading Structurer

• 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.

You Will Be An Ideal Candidate If You 

• Relevant Degree in Financial Mathematics, Statistics, or similar
• 5 years plus experience in Derivatives and Financial Markets
• Banking / Global Markets experience

You will have access to: 

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

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• We are seeking an experienced Transactor to lead origination, structuring, and execution of trade and working capital transactions for corporate clients. The successful candidate will drive business growth, profitability, and client satisfaction by delivering tailored funding solutions and managing complex deal cycles in the trade and working capital space.

Are You Someone Who Can:

• Originate, structure, and execute trade finance and working capital transactions (e.g. invoice discounting, borrowing base facilities, commodity finance, debtor book securitizations and general banking facilities).
• Develop and implement client-specific strategies to grow revenue and market share in the Trade and Working Capital segment. Strategies shall include vanilla trade.
• Negotiate and close deals, balancing risk and reward, and ensuring alignment with client needs and bank objectives.
• Build and maintain strong relationships with key stakeholders (Client Corporate Group relationship managers, vanilla trade team and corporate clients).
• Conduct regular client meetings to understand business needs, identify opportunities, and proactively market appropriate solutions.
• Serve as the primary point of contact for clients, coordinating all aspects of transaction execution and ongoing portfolio management.
• Perform financial modelling and cash flow analysis to structure appropriate financing solutions.
• Prepare and present credit applications, working closely with Credit Managers to assess and mitigate risks.
• Monitor client portfolios, proactively manage exposures, and implement remedial actions for distressed or watchlist clients.
• Ensure compliance with risk policies, pricing for risk, and regulatory requirements.
• Collaborate with internal stakeholders (Credit, Legal, Operations, Product teams) to ensure seamless deal execution.
• Network with industry players, attend sector events, and generate leads to enhance brand awareness and business development.
• Mentor and coach junior transactors and support staff, sharing expertise in trade and working capital products and processes.
• Foster a collaborative team environment and contribute to employee development.

You Will Be An Ideal Candidate If You Have:

• 8 to 10 years' experience in corporate and investment banking, with a strong focus on trade and working capital products.
• Deep understanding of trade finance instruments, working capital solutions, and risk management.
• Advanced credit analysis, and transaction structuring skills.
• Excellent client relationship management and negotiation abilities.
• A Bachelor of Commerce with Honours (required); CFA, CA(SA), or similar qualifications advantageous.
• Strong communication, leadership, and stakeholder management skills.

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Job Description

• To analyse individual business financial results by ensuring adherence to financial controls. 
• To perform financial partnering activities with including financial planning and reporting, data analysis, and assisting leadership with overall strategy.
• Perform daily reconciliations and reconcile discrepancies to minimize losses.  Monitors accounts payable to ensure that all payments are up to date.  Produce accurate and complete business reports on a monthly basis.
• Initiate dialogue to build professional working relationships with all stakeholders displaying excellent abilities to listen advise influence to negotiate and present at all levels.
• Integrate opinions and information provided by various sources to make strategic decisions.
• Provide input for reporting of financial information.
• Obtain data for stakeholders on status of projects.
• Compile reports for submission to various boards
• Analyse month-on-month movements of the data and interpret and provide reasons for the movements.
• Provide commentary on income statement and balance sheet items.
• Explain deviations from forecast and targeted income, all once-offs (unexpected income) and losses.
• Analyse and break down GL entries by preparing additional schedules.
• Identify ways to enhance reporting and, as the business changes, adapt reporting accordingly.
• Prepare budget information in conjunction with relevant stakeholders.
• Interact with Business and Finance to obtain anticipated budgets, and consolidate information received in prescribed format.
• Interact with Finance to merge all financial performance and position components and have a complete view within deadline.
• Assist with budget presentation for various stakeholders for approval.
• Perform relevant analysis and advise to stakeholders.
• Ensure that all reports and presentations are taken through the appropriate review mechanisms and are submitted timeously.
• Mitigate and manage audit findings and operational risk events and provide input into the scope of individual audits.
• Continuously identify gaps and enhance the overall control environment.
• Ensure the team is abreast of any changes to regulations and deadlines and manage and monitor compliance to regulations.
• Track any audit findings until they are resolved and report the status of audit findings to various committees.
• Take full responsibility for performance management of all direct reports managing their performance in relation to quality standards and agreed benchmarks and objectives focusing on all aspects of sound people management.
• Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained.

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Job Description
The purpose of the role is as follows:

• To strategically manage client relationships and oversee the delivery of client services to ensure optimal client satisfaction, operational efficiency, and regulatory compliance.
• To join a team of servicing professionals, drive performance excellence, foster collaboration and implement strategic initiatives to enhance service delivery and drive business growth.

Are you someone who can do the following: ​

• Manage the service delivery model and provide technical guidance and leadership in the provision of the full service-delivery model.
• Contribute to the development and execution of strategies to enhance client relationships and satisfaction.
• Oversee the end-to-end client engagement and onboarding process, collaborating with internal teams to ensure a seamless process within the bounds of legislation and regulation.
• Manage the client life cycle and related events i.e., account opening, maintenance and closure, transitions, query
• management etc. while keeping in mind risk management and operational efficiency.
• Identify and implement risk mitigation strategies to minimise exposure to operational and reputational risk.
• Serve as a senior point of contact for key clients, and address complex inquiries, escalations and strategic initiatives.
• Facilitate regular communication with clients and provide updates pertaining to the relevant operations, market trends and industry developments.
• Identify opportunities for process enhancement (and automation where possible) within the client services function, driving efficiency and enhancing service quality.
• Monitor service delivery metrics and identify trends for process improvement and service enhancement.
• Remain informed of emerging technology and practices within the client services space and assess whether there is value to implement similar practices within the organisational context.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.

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

Qualifications/Experience

• Relevant Postgraduate Degree
• 5 - 10 years’ Institutional Client and Global Markets experience.
• Comprehensive understanding of the operations within the relevant service area
• Proficiency in relevant systems and platforms employed by the Bank.
• Expert knowledge of regulations governing the relevant business area
• Familiarity with investment products and financial instruments.
• Experience driving process improvement initiatives and operational efficiencies.
• Ability to gain the respect of colleagues and industry specialists in the function.
• Tenacity and ability to inspire colleagues and nurture a co-operative and collaborative relationship with our subsidiaries.
• Ability to make effective decisions based on sound judgment.
• Ability to analyse and understand challenges/opportunities and to propose thoroughly researched solutions to overcome these challenges or exploit the opportunities.
• Ability to effectively communicate verbally, in written form and via presentations.

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Job Description

• The Securities Financing Developer is responsible for software development, maintenance, testing and production support for applications within the Securities Financing team.
• This is a great opportunity to join Global Markets Technology and become an important and valued team player in designing and implementing industry-leading services, whilst giving you key experience and exposure to build your career and personal brand.

RESPONSIBILITIES

Analysis and solution development

• Collaborate with Analysts and the Business to understand the requirement
• Work with developers to design and develop solutions accordingly.
• Develop scalable reliable and high-performance applications
• Collaborate within the team to determine the tasks required to deliver the solution
• Assist in architecting and developing new solutions using vendor-based technology
• Provide continuous feedback and input to other stakeholders
• Act speedily to resolve problems, queries, and complaints
• Ensures solutions are maintainable by the team

Service Excellence 

• Collaborate with internal technical team/users in the resolution of critical production incidents
• Collaborate with vendors when neccessary on suitable short- and long-term solutions for incidents and new requirements
• Suggest changes in executing work processes to better drive value and benefits for the business.

Effective stakeholder relationship management

• 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
• Build relationships despite arising conflicting views and seeks mutual gains when addressing conflicts
• Anticipates consequences and adapts problem solving based on continuous feedback
• Continually seek opportunities to increase internal client satisfaction and manage expectations effectively

Self-management and teamwork

• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standards
• Research, consult and make recommendations on programming and optimization best practices Take ownership of personal career development, leveraging formal and informal opportunities
• Act in an ethical, transparent and morally defensible manner
• Adapt communication styles to meet the needs of different audiences
• Continually share, debate and communicate learning’s, also flag and debate issues constructively to ensure the best outcome for business stakeholders and altimately the bank
• Contribute to a friendly, co-operative climate in working with others to achieve collective goals
• Document and drive knowledge sharing session with the technical team members

MINIMUM QUALIFICATIONS AND KNOWLEDGE 

Required Qualification

• Bachelor’s degree in Computer Science, Mathematics, Engineering or related discipline or similar qualifications

Strong functional knowledge of:

• Experience with J2EE application servers, Spring, Ant, Maven, Apache Tomcat, Java, JEE, JBoss
• Frontend technologies: HTML, XML, JSON, JSP, .Net
• JAVA development & related toolsets such as MAVEN
• Webservices (SOAP/HTTP and REST)
• Design Patterns (MVC, etc.)
• J2EE application/Web server (tomcat, etc.)
• Databases MS SQL, Sybase (Aqua Data Studio, SSMS)
• Integration (e.g. TIBCO, Informatica)
• Scheduling (e.g. Control-M)
• CICD: (TeamCity, GIT, Jenkins, Springboot)
• Development practices and Software Development Lifecycle exposure
• Agile Methodology (eg. Jira)
• Wiki

Optional but advantage:

• Microsoft SSRS, SSIS, PowerBI
• C#
• Geneva, GCMS, SLAMS, Xceptor

Experience:

• At least 5+ years of experience delivering technical solutions requiring custom development ideally within a Banking or Markets environment
• Engaging with business to understand requirements