Job Description
To build new models for the pricing and risk management of derivatives, frequently bespoke structures, and XVAs.
To provide quantitative support and innovation to trading desks.
Hello Future Front Office Quantitative Analyst
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.
Are You Someone Who Can
Analyse and research specific products. Initiate and implement mathematical modelling of the trade in line with given requirements
Liaise with traders to ascertain requirements for pre-trade pricing
Provide Traders and Structurers with functionality so that they can use the model
Support any trade or business approved by the deal committee forum
Ensure models provide stable risk that is well understood and it captures all risk
Apply a pragmatic lens where needed to make decisions regarding theory and practice
Build proficiency in usage of pricing libraries and systems used for flow and structured/exotic trades
Support modelling across vanilla, XVA and exotic trades, as well as counterparty risk on the trading book.
Challenge the status quo where appropriate and in line with industry best practice
Familiarity with regulations relating to derivatives and SFTs e.g. FRTB, SIMM
Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve correct 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 adapt problem solving based on continual feedback
Act speedily to resolve problems, queries and complaints
Ability to thrive in an unstructured environment where daily tasks are not obvious and urgent items may arise
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 in quantitative finance
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 and cooperative climate
You Will Be an Ideal Candidate If You
Education: Minimum honours degree with some quant finance, Masters preferred
5 to 10 years in quantitative finance (ideally investment banking)
Systems familiarity preferred: CompatibL, Murex
Coding profiency: C#, Python
Industry: Investment Banking