Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.
We structure the most appropriate financing solutions to meet the needs of our clients, whether for project finance, on-balance sheet lending or a combination thereof. Our ability to think differently and our collaborative spirit is what sets us apart and enables us to deliver on our brand promise: Traditional values. Innovative ideas.
We are a proud African corporate and investment bank with an extensive deal footprint across more than 35 African countries. RMB has funded several infrastructure and resource finance projects, mergers and acquisitions, and infrastructure developments in many African countries over the past decade.Job Description
The operations analyst is responsible for overseeing and optimizing the operational processes related to managing financial assets. Key duties include trade settlements, managing portfolio reconciliations, risk management, regulatory compliance and collaborating with various teams for operational efficiency. In addition, the officer will be required to develop operational processes and policies to support the business, address discrepancies in operational data and communicate effectively to internal and external stakeholders.
Timely and accurate processing of investment trades and redemption payment
Identifying inflows into bank accounts and collation of identified inflows for subscription advise
Collating redemption requests and advising the portfolio management team accordingly
Cancelling and creating units/investments on the asset management software
Preparing daily valuation for all portfolios
Managing the reconciliation of portfolios to ensure completeness, accuracy and identifying discrepancies or errors and resolving them promptly
Monitoring and managing portfolio cash positions
Staying informed about corporate actions affecting investments and coordinating necessary adjustments to portfolios
Collaborating with Finance in the preparation of income and statutory reports
Collaborating with client services teams to address inquiries and provide accurate information regarding portfolio positions, transactions and preparing confirmation of investments
Fostering effective communication channels within the operations team and collaborating with other departments including Business Technology to resolve operational and technical issues
Continuously identifying opportunities for process improvement, implementing changes to enhance efficiency and reduce operational risk and overseeing the integration and optimization of technology solutions
Maintaining comprehensive and up-to-date documentation of operational procedures and processes to ensure transparency and compliance
Ensuring compliance with relevant regulatory requirements, internal policies, and industry standards in all asset management operations
Any other tasks that may be assigned from time to time