Trade Specialist (Payments)

Trade Specialist (Payments)

Location: Johannesburg
Time Type: Full time
Posted On: Posted Yesterday
End Date: April 11, (12 days left to apply)
Job Requisition ID: R

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.

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.

Responsibilities

1. Set targets for the portfolio in line with turnover.
2. Plan strategic objectives for the portfolio.
3. Assist in building and managing the opportunity tracking tool.
4. Communicate client interactions and feedback to stakeholders.
5. Initiate client scoping sessions, road shows, and quarterly client visits to gain client insights.
6. Initiate brainstorming sessions to identify opportunities across the group and manage action items.
7. Create innovative solutions for specific product areas.
8. Interrogate and manage MIS data to identify potential turns in business cycles or client behavior.
9. Review MIS data to ensure internal trading desk turnover targets are met.
10. Proactively manage credit facilities to ensure adequate limits are in place.
11. Make cold calls to originate business and grow the portfolio.
12. Manage escalated unresolved client issues.
13. Manage complex relationships within support areas to ensure the best outcome for both the client and the bank.
14. Interact with IBD DCM team regularly to gain insights into client activities.
15. Demonstrate pride in the organization's brand services and products.
16. Follow through to ensure personal quality and productivity standards are maintained.
17. Stay relevant and up to date with legislations and new developments.
18. Process and manage international payments, ensuring timely and accurate execution.
19. Verify payment instructions and ensure compliance with regulatory requirements.
20. Investigate and resolve payment discrepancies and issues.
21. Identify and mitigate potential risks and losses.

Qualifications

1. Strong knowledge of international payment systems, including SWIFT and local payment networks.
2. Understanding of trade finance products, including letters of credit, collections, and guarantees.
3. Ability to work in a fast-paced environment and prioritize tasks effectively.

We Offer

1. Opportunities to network and collaborate.
2. Challenging working environment.
3. Opportunities to innovate.

We can be a match if you are:

1. Curious & courageous - driven by always wanting to know more and learn more.
2. Obsessed with mastery - pushing yourself to improve constantly.
3. Client-focused - putting our clients at the forefront of what you do.

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 required by law to disclose it to other parties.

About Us: A leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions.