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. 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:
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Finding opportunity to originate deals by remaining alert to banks and clients’ problems.
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Scenario-plan with the team to identify opportunities.
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Identify potential problems and advise client and bank accordingly.
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Manage multi-disciplinary approach to problem-solving.
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Simplify complex back-end constraints for cohesive front-end solution.
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Price products and check consistency with the market.
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Liaise with Sales/Structurers and Traders.
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Manage information flow between clients and Trading.
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Provide intuition, explanations and data analysis interpretation when required.
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Understanding system constraints and trouble-shooting booking issues.
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Conduct scenario analysis and understanding stresses.
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Ensure regulations are incorporated into product pricing and solution.
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Research trends in market and information-finding to remain innovative.
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Understanding both Institutional and Corporate clients and their requirements.
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Technical Structurer may also manage less experienced Technical Structurers.
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Interact with relevant sales desk to ensure quick and efficient pricing of required transactions.
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Liaise with Traders confirming levels, liquidity and other market information as a transaction becomes more live.
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Book transactions in the relevant trading systems ensuring the correct product construction.
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Troubleshoot any downstream issues with infrastructure.
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Liaise with middle and back office to ensure issues that arise are addressed or escalated promptly (continue throughout transaction life cycle).
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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.
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Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders’ requirements are delivered.
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Preserves relationships despite airing conflicting views and seeks mutual gains when addressing conflicts.
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Anticipates consequences and adapts problem solving based on continual feedback.
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Act speedily to resolve problems, queries and complaints.
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Adapt communication styles to meet the needs of different audiences.
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Demonstrates pride in the organization’s brand, services and products by consistently delivering on the brands promise.
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Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed timeframes and according to quality standards.
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Stay relevant and up to date with legislations and new development.
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Maintain a positive attitude and respond openly to feedback.
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Handle stress in ways that do not negatively impact others.
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Take ownership of personal career development, leveraging formal and informal opportunities.
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Act in an ethical, transparent and morally defensible manner, including highlighting unethical practices.
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Continually share, debate and communicate learning’s.
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Flag and debate issues constructively.
You will be an ideal candidate if you
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Relevant Degree in Financial Mathematics, Statistics, or similar
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3 years plus experience in Derviatives and Financial Markets
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Banking / Global Markets experience
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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.