Rand Merchant Bank Recruitment 2024(5 Positions)

Qualifications and Experience
The ideal candidate must have:

• Degree in the relevant course
• ACI
• Masters/CFA will be an added advantage
• Minimum of 8 years of experience in financial services, preferably banking with a thorough knowledge and experience in fixed income, money markets, and foreign exchange. Structuring would be an advantage
• In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme.
• A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will be required.

Technical Skills and General Competencies:

• Deep Financial Markets expertise and broader solutions knowledge
• Good communication and interpersonal skills
• Market and customer insights
• Strong decision maker
• Knowledge of the relevant exchange control regulations
• Candidates must demonstrate a keen ‘solutions-driven’ mentality, self-assurance, and confidence.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.

Qualifications and Experience

• Minimum of 3 year’s experience in an Administration role, preferably in a financial institution.
• Experience in occupational health and safety will be an added advantage.

Technical Skills:

• Proficient in MS Office
• Organizational and project management skills
• Knowledge of CBN banking regulations (including foreign exchange regulations), SEC regulations, and any other regulations about banks and financial services companies
• Knowledge of the workings of the banking operations including customer service, document control and compliance
• A good understanding of typical merchant banking transactions, especially fixed-income and foreign exchange trading, trade finance, structured lending, and corporate finance

General:

• Good judgment and decision-making skills
• High levels of numeracy and literacy are essential.
• Strong interpersonal skills, and
• Listening, analysis, and debating skills
• Attention to detail with strong problem-solving skills.
• A high level of pragmatism tempered with the strength to stand firm where necessary. Able to deal with criticism.

Human Relations Profile:

• Strong character & integrity paramount.
• High degree of self-confidence; pleasant personality; well-presented
• Well organized / good time management skills / disciplined/ detail orientated.
• Self-starter able to work with minimal supervision.
• Team oriented.
• Flexible when necessary
• Ability to work under pressure.
• A strong communicator who is deadline and solutions driven.
• Strong work ethic and ability to operate in a fast-changing environment (building a business).
• Able to work as part of a highly innovative and competitive team, meeting demanding deadlines.
• A high degree of professionalism and business acumen.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.

Education and Qualification

• The successful candidate should have at the minimum, a Bachelor’s Degree in Banking, Finance, Accounting, Computer Science, Engineering, or a related discipline.
• A master’s degree would be an added advantage.

Experience:

• Minimum of 5 years’ experience and proven track record in Traditional Trade, domestic, and cross-border payments environment.
• Detailed understanding of the Nigerian Banking Industry

Professional Qualification:

• CDCS Certification.
• CIBN certification would also be an advantage

Technical Skills and Competencies:

• Thorough understanding of the application of different trade financing options and settlement available
• Knowledge and understanding of foreign exchange, exchange control, credit aspects (liabilities exposure), mandates, SWIFT formats, Nostro accounts, Swift RMA Knowledge and understanding of the local settlement environment
• Knowledge of: Foreign exchange
• Nigerian exchange controls i.e. Import and export forms, duty and vat payments, etc
• Credit aspects including liabilities and exposure Mandate management
• SWIFT and the associated formats, inclusive of the 100, 200, 400, 700, 900 and n series SWIFT RMA
• A thorough understanding of Nostro accounts must be displayed. In addition, thereto, sound reconciliation principles are to be adhered to in the clearing of outstanding Nostro items. This includes the query process in house, to clients and to Nostro correspondent and RMA customers
• Understanding and application of the principles of the various ICC publications, UCP 600, URC 522, ISBP 2007, URDG 758, URR 725 and Incoterms 2010
• Thorough working knowledge of the rules and international laws governing trade and the legal implication thereof on the business
• Comprehensive computer skills and working knowledge of MS Office
• Thorough understanding of country and bank risk

Competencies:

• Excellent written and oral communication
• Interpersonal skills and ability to network within an organization
• Ability to engage customers in selling trade propositions
• Multi-tasking skills
• Analytical and problem-solving skills
• Information analysis and management
• Ability to work under pressure
• Effective time management skills
• Customer focus (internal and external customers)

Attributes:

• Expertise: The ability to apply, maintain, and develop professional and technical knowledge to develop higher quality solutions and add increasing value to the business, as well as sharing knowledge and experience with others.
• Customer service orientation (internal and external): Seeks to exceed customer expectations and makes efforts to add value by identifying and addressing underlying needs. Takes personal responsibility for delivering customer solutions, and makes self fully available, especially in difficult periods.
• Achievement Driven: Sets and works to meet challenging goals, where there is a definite stretch, but the goal is not unrealistic. Targets are specific and measurable.
• Analytical thinking: The ability to speedily absorb and analyze information and data, and identify problems, patterns, trends, causes, and corrections.
• Teamwork: Acts to build team spirit and morale, improves team effectiveness by encouraging the team to work toward a common goal, resolves conflict in the team, and promotes the team to other areas of the business.
• Initiative: The desire to take initiative, do more than is expected or required in the job, and endeavoring to improve or enhance job results, avoid problems, and find or create new opportunities
• Self-confidence: The confidence to weigh up a situation and make a quick, clear decision or judgment against a background of uncertainty or lack of information. Belief in one’s own capability to take on challenging tasks and assignments.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.

Qualifications and Experience

• The successful candidate should have at the minimum, a Bachelor’s Degree in Computer Science / Electrical/ Electronic Engineering / Applied physics or a related discipline.
• Relevant certification such as ITIL (Information Technology Infrastructure Library), MCP (Microsoft Certified Professional)/ MCTS (Microsoft Certified Technology Specialist)/MCITP (Microsoft Certified IT Professional), OCA (Oracle Certified Associate), OCP (Oracle Certified Professional)

Experience:

• Minimum of seven (7) years’ experience in a similar role and relevant industry with at least 5 years in application development & management and financial reporting
• A Master’s Degree will be an advantage
• Strong knowledge of core banking systems
• Ability to negotiate and influence across all levels including senior stakeholders

Technical Skills and Competences:

• Extensive experience in software development, scripting and data modelling
• Knowledge of C# and Java programming languages. Knowledge of Python, JavaScript, PowerShell, and BASH would be an advantage
• In-depth knowledge of relational databases (Oracle, MSSQL PostgreSQL & MySQL) and NoSQL
• databases (e.g. MongoDB)
• Reporting (Power BI, crystal reports)
• High performance and secure development
• Familiarity with Linux and Windows Operating environments
• Familiarity with project management tools (JIRA)

Competencies:

• Customer focus (internal and external customers
• Interpersonal skills and ability to network within an organization
• Analytical and problem-solving skills
• Information analysis and management
• Good Communication
• Proactivity
• Flexibility

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.

Qualifications and Experience
The ideal candidate must have:

• A tertiary education with a financial background, with a minimum Second-Class Upper Division or equivalent
• At least five years of credit analysis experience, preferably within a large financial institution or five year’s experience in financial markets in a consulting/auditing capacity.
• Modelling, assessing or advising on financial and business risks should form part of this experience.
• A sound understanding of Treasury and Financial Markets products (i.e., derivatives) is required.

Technical Skills and General Competencies:

• General knowledge of practical economics relating to business, industry and the Nigerian macro-economic environment.
• Knowledge and understanding of the Companies Act, Commercial Law, legal issues relating to security, exchange control and other relevant legislation or regulatory requirements, including IFRS, Basle II and III.
• Knowledge and understanding of the taxation of companies, financial institutions and shareholders.
• Good understanding of financial instruments products (i.e., derivatives) and markets.
• A good understanding of credit ratings, portfolio theory and credit pricing.

Key Competencies:
General

• Ability to quickly gain proficiency in the following areas:
• Develop an in-depth knowledge of specific operating environments (i.e., country, industry, regulatory
• legal risk) and how it could impact on the risk profile of the counterparty and specific transactions.
• Develop an in-depth knowledge of specific sectors and clients as part of a specific industry research team.
• Assessing financial transactions, which include derivatives and other product structures in order to identify credit and other risks pertaining to vanilla and exotic derivative structures.
• Identifying transaction specific risks including credit, taxation, accounting, legal and exchange control pertaining to transactions.
• Assessing counterparty credit risk.
• Introducing risk mitigating measures as input to transactions in line with the risk philosophy of the Bank.
• A good understanding of the Bank’s credit risk appetite, credit grading and credit pricing models.
• A general understanding of trends in the global lending market with a view to providing input into the bank wide lending policy development process.

Human Relations Profile

• Strong character & integrity paramount.
• High degree of self-confidence; pleasant personality; well presented.
• Well organized / good time management skills / disciplined/ detail orientated.
• Self-starter able to work with minimal supervision.
• Flexible when necessary and ability to work effectively under pressure.
• Strong work ethic and able to operate in a fast-changing environment (building a business).
• Excellent communication skills (i.e., verbal, writing and presentation skills).
• Ability to work with a team and/or independently.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.