Fresh Vacancies at RMB - Rand Merchant Bank

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

• To provide advice and guidance to business unit teams and finance business partners regarding financial performance and reporting, financial impact assessment on product launch decisions as well as post implementation reviews and on-going product performance and profitability analysis in alignment to business objectives
• Provide input into the budgeting process and monitor utilization for the financial year according to the operational plan.
• Produce or review budget reports to make sure they accurately reflect work activity.
• Ensure financial documentation is maintained to support accurate record keeping and future legislative requirements.
• Escalate potential budget risks that may lead to increased costs or financial losses.
• Present work proposals on planned activities that will require financial resources Allocate and approves expenditure.
• Collate, analyze and evaluate data and information to forecast expenditure and cash flow trends and make recommendations to improve budget.
• Collaborate closely with relevant business units and product houses as per strategy to identify revenue opportunities.
• Drive opportunities for revenue growth and cost reduction such as adoption of digital and other self-service options across client base.
• 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.
• Ensure full understanding of customer needs to deliver a quality service.
• Ensure customer service solutions are aligned to the business operational plan, Organizational values and service standards
• Communicate how customer service solution will be implemented and secures buy-in
• Ensure product knowledge and advice is technically accurate and provide customers with relevant information to keep them informed of products and service options.
• Ensure resolution of customer queries and complaints timeously and ownership of issues
• Analyse customer feedback to help improve customer service.
• Propose ideas to improve customer service.
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data.
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets.
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities.
• 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 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 organization and review in response to audit findings and changes.
• Develops an understanding of risks and risk management approaches Implement and provide input into the development of governance and compliance procedures and processes within area of specialization and identify risks.
• Educates others and makes suggestions for improvements.
• Networks and participates in specialist risk forums where required.
• 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.
• 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 minimize redundancy Monitor customer feedback reports and align processes to maximize efficiencies.
• Provide input into the development of the business area tactical strategy in achievement of the overall business strategy.
• Develop and implement an area operational plan in achievement of Business objectives.

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Job Description
Hello Future Client 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 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who can:

• Work independently and take the initiative in supporting the Sector Head and other lead/sector bankers within the team
• Work closely with the sector head to drive the strategy, goals and execution plan for the sector
• Create quality written materials based on high level direction from the team and effectively interpret the information that is presented
• Work under pressure and effectively manage multiple workstreams at once
• Lead the development of strategic papers for senior management both in terms of sector updates, new revenue generation, and focus areas for the sector
• Leverage industry news and reports, market intelligence databases and public data, to identify and monitor trends and other emerging topics of priority to the sectors and client groups.
• Develop analytic models for assessing important new clients and sectors, product and solutions trends and issues impacting the client group and sector ecosystem.
• Collaborate closely with relevant client group owners and product-solutions stakeholders as per strategy to identify revenue opportunities.
• Equip the sector and client group teams with information to manage the sector and client group portfolios and to enable the proactive identification of growth opportunities that impact the sector and its clients.
• Stay abreast of the latest developments in research methodologies, tools, technologies, and best practices in sector and client behaviour research.
• Assist with sector research that helps identify new revenue opportunities and gaps in the market
• Manage the overall client event and marketing for the sector
• Work alongside finance, deal teams and the sector heads in analysing the client MIS information across the sector (geographic regions, products, business units) and keeping the date up to date and ensuring its accuracy and relevance
• Contribute to the strategic planning process for the sectors and client groups, providing assumptions and analysis to help shape the organization's future direction and priorities.
• Assist in driving cross functional team collaboration and client planning
• Work alongside deal teams on selective transactions across product groups
• Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service.
• Provide internal stakeholders with relevant information to keep them informed of products and service options.
• Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies in the data quality and reporting formats that can be used for decision making.
• Monitor customer feedback reports and integrate insights and correlated datapoints into respective reporting.

You will be an ideal candidate if you: 

• Undergraduate degree (minimum)
• Post graduate qualifications preferred
• Investment Banking or finance experience

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

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Job Description

• To perform the operational tasks related to processing of trade transactions ensuring accuracy in the processing and in adherence to the required performance standards, risk, processes and compliance adherence, International Chamber of Commerce (ICC) ruling, and acknowledging the fit for processing, processing steps to create greater efficiencies (about all Trade Products).
• Receive applications, analyse transactions for vetting purposes and prepare transactions.
• Perform compliance and exchange control checks including correct BOP reporting codes, adhering to compliance procedures, rules, laws, and regulations, as well as screening processes.
• Negotiate pricing and wording / requirements, for preparation; liaise with client, relationship teams, Team Leads and Legal if necessary.
• Ensure communication to banks and clients are checked against instructions.
• Capture instructions on the relevant system, complete the workflow requirements, and compliance screening and diarise and capture/update notes throughout the process.
• Ensure that all feedback or events is accurately recorded and monitored on source systems.
• Ensure applicable escalations are done to applicable stakeholders.
• Identify potential risk areas for the bank and clients.
• Approach Credit for client’s limit approval.
• Vet claim / payment / refund against issued applicable transactions and assess for compliance.
• Determine if it is foreign or local claim / payment / refund, and if foreign, ensure Exchange Control rulings are applied.
• Identify possible discrepancies on claim / payment / refund and validate against transaction terms.
• Advise clients/bank regarding any discrepancies where applicable; refer to Credit, Legal and Relationship Manager / Coverage and Risk and Compliance if necessary.
• Diarise on relevant system and monitor response from stakeholders.
• Manage system dashboard.
• Confirm whether cash cover is affected by the claim / payment / refund (Partial claim).
• Update notes and hand over the claim / payment / refund/ financial postings and to finalise on system.
• Monitor client’s portfolio trends, provide leads to the Service team, and identify cross-selling opportunities.
• Process outsourced work, assist with workability of transactions and communication accordingly.
• Provide solutions to clients aligned to their needs and specific requirements.
• 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.
• Contribute to teamwork and inclusivity by working together to achieve team goals.
• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed timeframes and according to quality standards.
• Take ownership of personal career development, leveraging formal and informal opportunities.
• System testing to be conducted to ensure efficiencies and streamlined processing (New and amended processes and systems).
   

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Job Description

• To analyse various balance sheets, capital structures, core business activities, funding processes and operating platforms in order to formulate considered opinions and provide strategic insight
• 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: 

• Communicate financial information to a non-technical audience. 
• Engage proactively with stakeholders regarding financial performance insights with a view to drive optimization.
• Represent your portfolio on all relevant RMB/FirstRand bodies
• Provide specialist advice and support to stakeholders.
• Liaise with senior stakeholders both internally and externally when required.
• Confidently liaise with Front Office (Trading Floor) when required regarding data analysis as detailed below.
• Prepare various detailed analysis involving funding, capital, budgeting, forecasting, stress testing, earnings
• valuation, recovery plans,
• Keep up-to-date and conduct an impact analysis on regulatory changes
• Find opportunities to leverage relationships and promote knowledge sharing, ideas, and insights

You will be an ideal candidate if you: 

• Have an Honors Degree in Accounting, Economics, Finance, Engineering, Mathematics or Statistics
• 3 years experience in a similar role
• Have solid banking and / or financial markets experience, including data analysis experience.
• Professional body e.g., CA, CFA, FRM, CIMA advantageous

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
• Are you interested to take the step? We look forward to engaging with you further. Apply now!

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Job Description
Hello Future Transactor,

• 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: 

• Meaningfully engage with clients to identify opportunities to support their sustainability ambitions
• Originate and execute transactions that deliver both financial returns and positive impact
• Innovate and grow our business and offering aligned to emerging trends in sustainability and impact, both in South Africa and beyond
• Produce consistently high-quality outputs within agreed deadlines

You will be an ideal candidate if you have: 

• Minimum : Post Graduate Diploma or an Honours Degree in Finance or Economics or Business Science or Accounting or a CA (SA) with a CFA
• Preferred: Masters Degree in Finance or Economics or Business Science or Accounting or a CA (SA) with a CFA or an MBA
• At least five years of experience in a deal making role, with one to two years ideally at mid to senior management level
• Strong client and internal relationships to support collaboration
• Availability to travel as required (including broader Africa) to support business opportunities and growth

You will have access to:

• A team that is passionate about impact
• Scope to innovate to deliver market-first solutions
• Opportunities to collaborate and build relationships with a broad set of internal stakeholders
• Clients across the entire RMB ecosystem

We can be a match if you are:

• Passionate about impact – structuring credible solutions that address society’s most pressing challenges
• Excited to be part of team – willing to get involved wherever required to achieve our collective ambition
• Obsessed with execution – motivated self-starter who knows how to get deals over the line
• Embracing of innovation – excited to build new solutions and deliver market-first transactions

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Job Description

• To gather, analyse and assess the risks associated with the different jurisdictions in which the organisation operates, or plans to operate, and communicate views to stakeholders. 
• To analyse the economic, political, and operational risks in the respective portfolio of countries/sovereigns assigned and calculate and recommend Sovereign ratings and LGD’s (Loss Given Default) to Credit Committee.
• 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
• Understand what key stakeholders are looking for and customise reporting and presentations accordingly
• Defend recommendations and points-of view based on insights from robust analyses
• Liaise with various stakeholders to clearly define the research objective and any questions that need to be asked
• Identify the most appropriate sources of data/information and the best way to gather it
• Contact the relevant stakeholders to source required information and documentation
• Follow conventional research protocols to gather and sift the necessary information
• Visit the relevant country, having set up meetings with key individuals and bodies
• Assign a Probability of Default and Loss Given Default to these sovereigns by using internal models and methodologies
• Monitor and report key developments in these countries to stakeholders, and present relevant information to key stakeholders in the form of a written report and verbal presentation
• Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
• Anticipate consequences and adapt problem solving based on continual feedback
• Act speedily to resolve problems queries and challenges
• Implement, monitor, and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability
• Stay relevant and up to date with legislations and new developments
• Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
• 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

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Job Description

• The role is suitable for a self-starter who produces consistently high-quality outputs within agreed deadlines. The role focusses extensively on servicing various management and credit risk committees within FirstRand in terms of meeting logistics and minute taking.

You will be an ideal candidate if you:

• Provide secretarial support to Credit and related committee meetings and recording all key decisions and discussion items (minute taking).
• Prepare agendas in liaison with the chair and/or other relevant stakeholders, monitoring the progress and scheduling of the committee's business to ensure that meetings run smoothly according to set guidelines.
• Assist with the preparation and signature of all documents and obtaining ad hoc resolutions, etc.
• Ensure delivery on agreed timelines. Meet set turnaround times while ensuring reliability and accuracy.
• Propose improvements on internal processes that impacts service levels and customer satisfaction within area of accountability.
• Establish sound relationships with relevant individuals and departments to deliver on expectations.
• Maintain confidentiality of all items discussed in the committee meetings.
• Ensure that information is dispatched timeously to all stakeholders to enable them to prepare adequately for meetings.
• Ensure policies and instructions are communicated to the relevant persons.
   

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Job Description

• To align the structures to provide leadership and direction to three core enablement capabilities, namely, the Programme and Project Management Office, the Business Analysis team and the Business Solutions teams which enables efficient support of the segment’s strategic deliverables. This portfolio includes integrated reporting through the management of the segment scorecard and the oversight of the thinking and implementation of work items.
• The  Portfolio Delivery Solutions Head portfolio supports with better integration and efficiency between scalable capabilities and the activities to allow for a single point accountability and decisioning, this portfolio creates simple and streamlined enablement services across the segment and eliminate duplication of functions, in addition to this ensure consistent approach to resourcing based on objective volumetrics and workload and create a flexible/Agile team.
• Enablement and delivery of project and program execution through management of project management office and resources (time, people, budget, scope, quality).
• Run with the process to priorities project scheduling and delivery, and the alignment thereof to tactical and/or strategic business objectives.
• Drive benefit and value realization through identified project delivery to achieve business objectives through the scheduling and management of resources through timely and effective planning, scoping and monitoring.
• Drive the management of the teams, ensuring that they Investigate, analyze and develop opportunities into comprehensive business cases with a strong emphasis on efficiency gains, cost savings, improved quality and / or customer experience by developing presentations and present business cases to business stakeholders in order to formalize into a prioritized project / initiative.
• Optimize processes to execute business case benefits by ensuring that process changes are measured in alignment with strategic deliverables.
• Provide leadership that is customer focused expertise, advice and support in the design, integration and implementation of related business strategy driven process and technology enabled solutions that promote the organization's overall efficiency, agility, reduce costs and become world-class competitors.
• Oversee and consolidate the reporting on the achievement of various key performance indicators and measures (KPIs) against their related hurdles as measured in the agreed Business Scorecard.
• Contribute to the development of overall area budget Develop tactical budget for area of responsibility that minimize expenditure and manage costs.
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in and engage in cross-functional relationships to obtain and to provide work support, as well as contribute to sustaining a competitive edge through external networking, benchmarking and representation on related forums.
• Use the insights gained through integrated business reports to measure success and realign tactical strategy implementation objectives appropriately.