Credit Analyst: Financial Institutions at RMB - Rand Merchant Bank

Job Description
Hello Future Credit Analyst,

Welcome to RMB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people who make it happen. 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 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Unpack and critically think about the risk of new and existing debt and equity deals for clients across a broad range of geographies and industries, which includes:

• Engaging with the client,
• Interrogating a client’s business model and identifying risks,
• Assessing financial data put forward by the client,
• Building a financial model to forecast performance or assessing a model put forward by the client or the client’s advisors for accuracy and appropriateness,
• Working alongside the deal team to structure a deal in line with the risk philosophy of the bank,
• Assessing and managing overall limits for a client in line with the bank’s risk framework,
• Putting forward a deal for recommendation after objectively assessing all the facts.

Prepare and present the risk to risk executives in a committee sitting which involves:

• Taking ownership of the application which requires strong report writing skills,
• Managing the timelines of a deal in line with the agreed-upon submission deadline,
• Presenting a deal at committee and working together with the deal team to take questions and answers which requires strong verbal skills, the ability to debate and manage differing views and ultimately influence and negotiate a good outcome for both the client and the bank.

Stakeholder and relationship management, which includes:

• Building and maintaining professional working relationships with all stakeholders, which includes working alongside experienced business and risk executives and acting as a bridge,
• Adaptation of communication styles to meet the needs of different audiences,
• Conflict management.

Key characteristics to thrive in this role include:

• Strong work ethic with a self-starter attitude and a keenness to take ownership of the role’s opportunities and personal development,
• Resilience and an openness to receiving and sharing feedback,
• Ability to handle stress well, which includes self-management of workload (2 to 3+ deals at any point in time), quick adaptation to deal changes, prioritization of deals, and open communication on capacity.

Minimum Requirements:

• CA (SA) ideally with a year or more post-article experience.
• Articles within FIST and/or Banking would be preferable.