Job Description An opportunity is available within RMB’s Global Markets, Prime Services division for an Equities Prime Broking Client Service Specialist, working in the Sandton office. The position is an outstanding opportunity for a strong and ambitious individual to gain exposure to multi product, multi asset class instruments (equities, equity derivatives, futures, currencies spot and derivative, commodities and fixed income) and to assist in developing the businesses of Equities Prime. The role requires sound technical knowledge and interaction with internal and external stakeholders on a number of fronts. Responsibilities Building and maintain strong relationships with external clients. Identifying strategic opportunities for the prime broking business in different jurisdictions. Evaluating and recommending continual improvement of processes and procedures. Processing settlements over client accounts through SMART and replicating this into Geneva. Liaising with key ops reconciliation personnel regarding bookings, unallocated deposits etc. Running of daily client admin reports off Geneva (Knowledge of this system not essential). Running daily client P & L reports and regular liaison with other product houses regarding these reports. Confirming and reconciling trades booked versus the various underlying systems. Monitoring of collateral on all equity products. Strong corporate action knowledge. Reconciling of daily margin calls (Equity Swaps, Futures and Sec Lending collateral calls) into the relevant client accounts on Geneva. Reconciling daily transfer to / from money market accounts to futures accounts. Processing foreign settlements within sub‑Saharan Africa and Internationally (USA, AUS, London etc). Daily cash reconciliations between SMART and Geneva for equity related products. Assist with the KYC and FICA of new clients / segregated portfolios. Maintain strong relationships with other service providers – administrators, fund of funds, etc. Assist with and ultimately take ownership of the Dividend Withholding tax reclaim process – work closely with client, administrator and RMB Custody. Work closely with the Fixed Income Prime Broking, Futures Clearing RMB Custody and Securities lending teams. Continuous evaluation of processes and provision of recommendations to enhance operational efficiency. Tackle various projects within the Prime Broking and assist in developing enhancements to this solution. Qualifications Qualifications such as BCom or courses attended in Financial Market instruments would be a distinct advantage. S/he must have a good understanding of financial markets. Application Closing Date 02/06/26 Equal Opportunity Statement All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. #J-18808-Ljbffr
Prime Broking Client Service Specialist
RMB - RAND MERCHANT BANK
johannesburg, johannesburg
Published 4 days ago
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