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 are recruiting to fill the position below:
Job Title: Senior Institutional Sales Transactor
Location: Lagos
Employment Type: Full Time
Purpose:
- To coordinate and direct RMBN’s objective in originating and delivering financial markets products & solutions to institutional clients such as Banks, Asset Managers, Pension Funds, Insurance Companies and DFIs.
Responsibilities:
The successful candidate will have the following responsibilities:
- Offering a full spectrum of integrated capabilities to deliver leading market insight, solutions, and execution services to institutional clients across the following asset classes: foreign exchange, interest rate, credit, and commodities.
- End-to-end accountability for delivering and executing of Markets products and solutions to drive RMBN financial performance within the Nigerian Financial Market.
- Identifying opportunities to originate structured deals, across all asset classes and for both external and internal clients, by remaining in touch with client needs and constraints.
- Contributes towards the evolution of RMBN’s Markets Sales business to position as best in class and thought leaders in the Nigerian Financial Market.
- Fosters strong internal and external networks across multiple business units to optimize the Markets growth strategy and distribution mandate of the Bank.
- Build and maintain strong working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence, and negotiate to achieve win-win outcomes.
- Showing succession capabilities to lead a team and drive strategy formulation.
- Drive the Markets Division Strategy for Institutional Client Group (ICG) and have accountability for the budgets. Institutional Client Group (“ICG”) is a business unit that is responsible and accountable for institutional clients within RMB.
- Take ownership of the transaction/deal life cycle.
- Championing the visibility of RMBN Markets Division brand in the local and international markets.
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
- Knowledge of the relevant exchange control regulations
- Candidates must demonstrate a keen ‘solutions-driven’ mentality, self-assurance, and confidence.
- Market and customer insights
- Strong decision maker
Method of Application:
Interested and qualified candidates should submit their Applications to: rmbn.recruitment@rmb.com.ng using the Position as the subject of the email.