Front Office Quantitative Analyst Job in South Africa

RMB - Rand Merchant Bank is a division of FirstRand Bank Limited, a fully integrated financial services group in South Africa, distinguished by our traditional values and innovative ideas. We have adapted investment banking solutions to suit your personal financial needs and this, together with an entrepreneurial approach, attracts like-minded, discerning clients.

Front Office Quantitative Analyst – JHB

Job Description

To provide a quantitative service to Global Markets Trading and Structuring by valuing and providing a risk management service for exotic trades, performing ongoing research and development and developing quantitative solutions for a variety of Global Markets issues

  • Analyse and research specific products. Initiate and implement mathematical modelling of the trade in line with given requirements
  • Provide Traders and Structurers with functionality so that they can use the model, depending on urgency, liaise directly with Traders
  • Provide ongoing checking for relevance and alignment if prices differ vastly 
  • Support any trade or business approved by the DCF
  • Model the pricing and run standard and VAR stresses on the model and its output prices
  • Provide information to Market Risk as well as base validations of trades to the accounting systems and downstream feeds to various other internal systems
  • 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
  • Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
  • Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts
  • Anticipate consequences and adapts problem solving based on continual feedback
  • Act speedily to resolve problems queries and complaints
  • Adapt communication styles to meet the needs of different audiences
  • Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
  • Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
  • Stay relevant and up to date with legislations and new developments
  • Maintain a positive attitude and respond openly to feedback
  • Handle stress in ways that do not negatively impact others
  • Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
  • Take ownership of personal career development leveraging formal and informal opportunities
  • Read situations and organisational realities
  • Set aside personal agenda for the greater good
  • Act in an ethical transparent and morally defensible manner including highlighting unethical practices
  • Share debate and communicate learnings
  • Flag and debate issues constructively
  • Promote a friendly cooperative climate

Method of Application

Interested and qualified? Go to RMB - Rand Merchant Bank to apply