Time left to apply: End Date: October 1, 2024 (8 days left to apply)
Job Requisition ID: R21795
Job Description
Design 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.
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 and 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:
- Find opportunities to originate deals by remaining alert to banks and clients’ problems.
- Scenario-plan with the team to identify opportunities.
- Identify potential problems and advise clients and banks accordingly.
- Manage a multi-disciplinary approach to problem-solving.
- Simplify complex back-end constraints for cohesive front-end solutions.
- Price products and check consistency with the market.
- Liaise with Sales/Structurers and Traders.
- Manage information flow between clients and Trading.
- Provide intuition, explanations, and data analysis interpretation when required.
- Understand system constraints and troubleshoot booking issues.
- Conduct scenario analysis and understand stresses.
- Ensure regulations are incorporated into product pricing and solutions.
- Research trends in the market and information-finding to remain innovative.
- Understand both Institutional and Corporate clients and their requirements.
- Technical Structurer may also manage less experienced Technical Structurers.
- Interact with relevant sales desks to ensure quick and efficient pricing of required transactions.
- Liaise with Traders confirming levels, liquidity, and other market information as a transaction becomes more live.
- Book transactions in the relevant trading systems ensuring the correct product construction.
- Troubleshoot any downstream issues with infrastructure.
- Liaise with middle and back office to ensure issues that arise are addressed or escalated promptly (continue throughout transaction life cycle).
- 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 seek mutual gains when addressing conflicts.
- Anticipate consequences and adapt problem-solving based on continual feedback.
- Act speedily to resolve problems, queries, and complaints.
- Adapt communication styles to meet the needs of different audiences.
- Demonstrate pride in the organization’s brand, services, and products by consistently delivering on the brand's promise.
- Plan and manage own workflow, anticipating obstacles, juggling priorities, and following through on objectives within agreed timeframes and according to quality standards.
- Stay relevant and up to date with legislation and new developments.
- Maintain a positive attitude and respond openly to feedback.
- Handle stress in ways that do not negatively impact others.
- Take ownership of personal career development, leveraging formal and informal opportunities.
- Act in an ethical, transparent, and morally defensible manner, including highlighting unethical practices.
- Continually share, debate, and communicate learnings.
- Flag and debate issues constructively.
You will be an ideal candidate if you:
- Have a relevant Degree in Financial Mathematics, Statistics, or similar.
- Have 3 years plus experience in Derivatives and Financial Markets.
- Have Banking / Global Markets experience.
Job Details
Application Closing Date: 01/10/24
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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About Us
A leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions. RMB’s talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big.
If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.
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