Hot Jobs at RMB - Rand Merchant Bank

Job Description

• To provide clear direction to the business units on the Operational and Resilience Risk role, strategic plan and key focus areas and provide relevant coaching, guidance, and training to the businesses on the implementation and maintenance of the Operational and Resilience Risk framework components (including Risk and Control Self-Assessment, Risk indicators, Events, Strategic Risk Assessments, and Key Risk. 
• To assess the level of compliance of business for the relevant risk frameworks and policies. Keep up to date and remain relevant with the Operational and Resilience Risk framework, policies, standards, procedures and relevant legislation/regulations and act as the specialist in RB business for all elements of the Operational and Resilience Risk framework, including the ownership of related initiatives and support. Provide input into the 2nd line strategy for managing operational risk.
• Second line monitoring, checking, and challenging first line in the setting and execution of the Operational Risk strategy, leveraging off 1st line Governance and Control resources in each business area for execution, where applicable.
• Provide thought leadership and drive consistency in the second line approach to Operational risk.
• Monitor Combined assurance strategy and actively participate in the combined assurance forum.
• Ensure that each business areas has measures in place to monitor and manage all of the sub risk type profiles.
• Drive the development and implementation of standards, where applicable.
• Establish risk appetite in conjunction with the business, to ensure that business maintains exposure in line with this appetite based on a balanced risk/reward decision.
• Drive the embedment of the Group operational risk standards, promoting the integration of operational risk considerations, into all risk reward decisions and general business management.
• Actively play a senior role in the Management Committees of the product/service area assigned to, as well as in the Operational risk 2nd line Manco.
• Assess, challenge and monitor the current and forward-looking exposure (financial and non-financial) to Operational Risk (i.e., considering all framework elements, strategic planning, business expansions/ contractions and other major change programmes, including new product approval).
• Act in an advisory capacity to support the scoping and definition of related Operational and Resilience Risk deliverables and plans, ensuring that these are aligned to the Group Operational and Resilience Risk calendar.
• Assist in ensuring Business readiness for assurance reviews and deep dives and play an active role in the discussion of issues to be reported from assurance reviews, ensuring that issues are valid and factually accurate, and actions are well defined and timed appropriately.
• Assess the relevance and performance of the Operational and Resilience Risk indicators and thresholds.
• Review the key risk assessments related to the relevant business units for completeness, with appropriate challenge.
• Check and challenge the end-to-end Operational Risk profile of the relevant business units, including emerging risks, to ensure ‘no surprises.
• Consider all framework elements, strategic planning, business expansions/contractions and other major change programmes / new product approval.
• Partner with the first line of defense to provide guidance on issue/action documentation, tracking, escalation, and remediation.
• Perform conformance reviews on agreed aspects of the framework.
• Oversee deep dive- and lessons learnt exercises for material risks, including the review, challenge, and tracking/escalation of findings.
• Review major remediation plans for adequacy, completeness and progress
• Oversee monthly loss event reconciliations and related attestations to ensure that all (above threshold) risk events and losses have been captured on the Operational Risk system.
• Assess the key risk framework for appropriateness.
• Assess the relevance and performance of key risk indicators and thresholds.
• Review and challenge the overall key risk assessments. Provide input to the Group Policy and Standards; and Contribute to the Operational Risk Committees and forums
• Validate data and information in relevant reports provided by first line of defence, as appropriate.
• Provide independent challenge on, and insight, interpretation, and analytics from relevant reports to senior management.
• Ensure appropriate reporting and escalation at the various BU Governance Forums.
• Prepare appropriate current and forecast Operational and Resilience Risk profile reporting for the RB business units as agreed.
• Review and Challenge first line of defense reporting on the risk profile.
• Compile and/or review reporting to senior forums and Regulators on behalf of RB, where required.
• Represent RB in reporting forums across the Bank and with external parties such as assurance providers and Regulators.
• Check and challenge Operational Risk governance followed by first line of defence.
• Check and challenge governance where 3rd Party vendors offer services.
• Own and manage second line governance, where applicable.
• Participation on BU assurance activities, in line with the combined assurance model and ensuring that are undertaken to independently assess the effective implementation and embedment of the operational risk frameworks, its associated policies and standards and management of the underlying risks across the organisation and will include risk based.
• Assist in ensuring Business readiness for assurance reviews and deep dives. Play an active role in the discussion of issues to be reported from assurance reviews, ensuring that issues are valid and factually accurate, and actions are well defined and timed appropriately.
• Develop and execute, in collaboration with Internal Audit, Group Risk, Group Operational and Resilience Risk and Compliance, an effective and efficient methodology/working model for combined assurance (assurance and conformance assessment) of operational and resilience risk practices against the framework, policies and standards.
• Achieve the required 2LoD assurance responsibilities, perform conformance reviews to provide assurance that risk frameworks, policies and standards are effectively implemented and embedded within the BU, and perform discretionary control testing, in accordance with the Assurance Standard.
   

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Job Description

• To support front office teams with confirmations, settlements and reconciliations across the various product sets.
• Demonstrate cost consciousness and awareness of personal contribution to costs and productivity.
• Identify and escalates potential risks that may lead to increased costs.
• Prevent wastage and identify process improvements to contain and reduce costs.
• Adhere to Organisational values and service standards and interact with and communicate with customers accordingly.
• Ensure first time resolution of customer queries or complaints and take ownership of any requirements
• and follow up on queries handed over to other parties or areas to ensure delivery on agreed timelines and Service Level Agreements.
• Meet set turnaround times while ensuring own availability, reliability and accuracy.
• Propose improvements on internal processes that impacts service levels and customer satisfaction within
• area of accountability.
• Ensure own product knowledge and guidance provided is technically accurate and collects feedback to help
• improve customer service.
• Establish relationships with relevant individuals and departments to deliver on work expectations.
• Adhere to relevant service level agreements to build trust in the relationship.
• Execute own work in accordance with the organisational values and code of ethics.
• Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution.
• Identify and escalate risk as normal part of work.
• Produce high quality work by adhering to predefined standards and procedures and in accordance with
• compliance and governance standards.
• Work with enhanced processes and procedures to maintain operational efficiencies.
• Deliver work in an accurate manner to ensure consistent results.
• Draw on knowledge and experience to identify and develop solutions that leads to improved service delivery and quality.
• Adhere to quality standards, turnaround times and Company policies and procedures.
• Complete relevant administration, reporting and updating of information accurately and on time.
• Provide timeous reports on operations, performance and audit findings.
• Report on transactional activity progression within set guidelines to provide timely information for decision
• making in area of accountability.
• Display attention to detail in checking instructions and ensuring trades are booked correctly on source systems.
• Monitor exceptions on confirmations that have been electronically generated.
• Ensure confirmation processing is within KRI deadlines.
• Monitor and follow-up outstanding confirmations in line with specific business requirements.
• Following stakeholder confirmation, perform settlements.
• Display accuracy and attention to detail in ensuring settlements are correctly processed in line with
• minimum standards.
• Monitor system alerts to confirm that settlements occurred successfully.
• 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 Preserves relationships despite airing conflicting views and seeks mutual gains when addressing conflicts.
• Anticipates 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.
• Analyse previous day's Exception Report and attend to any open items Investigate and resolve open exception items and escalate to relevant stakeholder(s) for resolution.
• Understand process flows in order to identify which systems are causing mismatches Liaise with clients, BT and or Dealers to resolve discrepancies, bugs and general issues.
• Seek out regular performance feedback and put actions in place to improve and enhance performance.
• Identify activities to address own development gaps.
• Create own personal development plan and review plan with team leader or manager.
• Understand which competencies and skills are required to be mastered to ensure personal development and performance.
• Keep abreast of learning opportunities, changing products and trends.
• Contribute to teamwork and inclusivity by working together to achieve team goals.
• Value individual contributions and respects diversity in the team.
• Share information and knowledge that benefits the team

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Job Description

• To analyse and document financial processes and requirements, collaborating with stakeholders to identify areas of improvement, and implementing solutions to enhance financial performance. Work closely with the IT and finance teams to ensure alignment between technology solutions and financial objectives.

Are you someone who can:  ​

• Analyse business processes and user requirements to identify opportunities for improvement.
• Support or lead change initiatives, process improvements and in system implementations
• Prepare month-end accounting, such as journals preparation, reviews and account reconciliation
• Investigate process or system issues
• Support or lead systems testing, such as user acceptance testing and system or process improvement initiatives
• Provide support to internal and external auditors throughout the reporting period
• Collaborate with stakeholders to gather and document system requirements.
• Design, develop, and implement system enhancements and customizations.
• Conduct system testing and quality assurance to ensure functionality meets specifications.
• Provide ongoing support and troubleshooting for financial software applications.
• Train end-users on system functionality and best practices.
• Stay informed about industry trends and best practices in financial software applications.

You will be an ideal candidate if you:

• Have 2 to 5 years' work experience in Investment Banking
• PowerBI, SQL and coding experience
• Financial related degree

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 manage the end- to-end operations of off-balance sheet special purpose vehicles (SPVs) and mitigate associated operational risks.
• Read and understand legal agreements in order to draw up an amortisation schedule and book deals. 
• Manage issuance and settlements of listed and unlisted bonds in accordance with Strate and JSE requirements.
• Prepare financial analysis on the performance of the SPV’s and present results at the board and audit committee meetings.
• Prepare SPV management accounts and/or trial balances.
• Sound knowledge of SA Income Tax and VAT Act.
• Coordinate and participate in any ad hoc project as required.
• 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 drawdown 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 organization’s 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 timeframes 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.

Qualifications and Experience:

• CA (SA) or equivalent.
• Post graduate qualification will be beneficial.
• 2 – 5 years post articles relevant experience across a CIB environment.
• Competences:
• Problem Solving
• Analysis and Attention to Detail
• Drive for Results
• Conceptual / Big Picture Thinking
• Building Relationships / Partnering
• Influencing and Impact
• Business Insight and Risk Awareness
• Anticipating and Managing Change
• Commercial and Financial Acumen
• Planning and Organising
• Monitoring and Measuring