Trade Specialist (Payments) needed at Rand Merchant Bank
Job title : Trade Specialist (Payments)
Job Location : Gauteng, Johannesburg
Deadline : April 28, 2025
Quick Recommended Links
Job Description
- 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.
- The purpose of the role is to efficiently supervise the team managing the Trade Operations function, whilst being mindful of risk, process and compliance adherence, and the International Chamber of Commerce rulings and processing.
- Furthermore, the role will require you to take unit costs and capacity into account in order to create greater efficiencies
Are you someone who can do the following:
- Set targets for the portfolio in line with turnover
- Plan strategic objectives for the portfolio
- Assist in building and managing the opportunity tracking tool
- Communicate client interactions and feedback to stakeholders with regards to developments
- Initiate client scoping sessions road shows and quarterly client visits to gain client insights
- Initiate brainstorming sessions to identify opportunities across the group and manage action items thereof
- Create innovative solutions for specific product areas
- Interrogate and manage MIS data to identify potential turns in business cycles or client behavior
- Review MIS data in order to ensure that internal trading desk turnover targets are met as well as migrating risk from internal trading books
- Proactively manage credit facilities to ensure adequate limits are in place
- Make cold calls in order to originate business to grow the portfolio
- Manage escalated unresolved client issues
- Manage complex relationships within support areas to ensure best outcome for both the client and the bank
- Interact with IBD DCM team on a regular basis in order to gain insight into client activities to strengthen client relationships
- 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 development
- Process and manage international payments, ensuring timely and accurate execution
- Verify payment instructions and ensure compliance with regulatory requirements
- Investigate and resolve payment discrepancies and issues
- Identify and mitigate potential risks and losses
- Strong knowledge of international payment systems, including SWIFT and local payment networks
- Understanding of trade finance products, including letters of credit , Collections and guarantees
- Ability to work in a fast-paced environment and prioritize tasks effectively
You will be an ideal candidate if you have the following experience:
- Process and manage international payments, ensuring timely and accurate execution
- Verify payment instructions and ensure compliance with regulatory requirements
- Investigate and resolve payment discrepancies and issues
- Identify and mitigate potential risks and losses
- Strong knowledge of international payment systems, including SWIFT and local payment networks
- Understanding of trade finance products, including letters of credit , Collections and guarantees
- Ability to work in a fast-paced environment and prioritize tasks effectively
You will have access to:
- Opportunities to network and collaborate
- Challenging working
- Opportunities to innovate
We can be a match if you are:
- Curious & courageous – you’re driven by always wanting to know more and learn more and you’re brave enough to
- Obsessed with mastery – you know what it takes to become good at what you do and are constantly pushing yourself to do it
- Love putting our clients at the forefront of what you do
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
- Accounting / Financial Services jobs