Portfolio Manager

Overview

Dear Future Portfolio Manager,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 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

• Quantify interest and currency rate risk and advise and execute the most efficient, cost‑effective hedges to mitigate quantified interest rate and currency risks
• Quantify, execute and manage interest and currency rate risk within approved limits to optimise bottom line
• Act as an intermediary between client and market to offer the best, most efficient and cost‑effective client solution
• Assist with the establishment of methodologies to manage liquidity
• Manage physical liquidity requirements for both RMB TTS balance sheet and off‑balance sheet structures such as conduits
• Price the cost of liquidity
• Physically implement trades to secure liquidity requirements
• Understanding of LCF and NSFR requirements
• Understand contractual, behavioural and stressed liquidity
• Liquidity modeling and reporting
• Analyse booked deals and manage those positions on the system, hedging interest rate and currency risks involved
• Adjust hedges to take the effects of tax into account
• Ensure daily PnL queries are cleared, and bookings are done by month end for all off balance sheet vehicles where we have external investors
• Interact daily with FRM function in TTS from a pricing, portfolio and treasury risk management perspective
• Where there is a strategic need for the business to focus its attention in a specific area that touches on expertise within the team, consultant, advise and/or implement strategic solutions
• Build credit, capital, funding and hedging models
• Determine valuation and pricing methodologies, including ways to calculate liquidity pricing
• Produce independent product valuations (e.g. for hedges and assets)
• Take responsibility for pricing, trading, booking, valuation and product execution where required
• Implement transactions where required
• Analyse the data and identify ways to improve reporting in order to assist the business to make decisions
• Represent the function at various internal committees
• Provide ad hoc and formal pricing training
• Engage with internal stakeholders to understand their needs, make presentations and resolve ongoing queries and issues
• Engage with internal and external auditors to provide information, discuss findings and resolve outstanding issues
• Integrate opinions and information provided by various sources to make strategic decisions
• Promote co‑operation in working with others to achieve shared goals

You Will Be An Ideal Candidate If You:

• have a relevant mathematical / quantitative degree (post‑graduate degree preferable)
• 2+ years’ experience in a quantitative role, preferably in a CIB environment

You Will Have Access To:

• Opportunities to network and collaborate
• Challenging Work
• Opportunities to innovate

Applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below 04/02/26.

All appointments will be made in line with First Rand 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.