Deputy Money Market Dealer - Treasury

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Finance & AccountingTreasury

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Quick Summary

Key Responsibilities

Treasury Operations and Liquidity Management Monitor daily cash positions and assist with cash flow management. Review nostro account balances and escalate funding

Technical Tools

Finance & AccountingTreasury

Dear Deputy Future Money Market Dealer,

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.

United by our proud heritage and strong ethics. 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 Deputy Money Market Dealer supports the Treasury function in the day-to-day management of cash, liquidity and treasury operations. Working closely with the Money Market Dealer and Treasurer, the role assists with the execution, administration and monitoring of treasury transactions, preparation of management reporting, monitoring of risk limits and maintenance of treasury records and controls.

The role provides exposure to money market activities, foreign exchange transactions, liquidity management and financial markets, while developing the technical knowledge and practical skills required for progression within the Treasury function. The successful candidate should demonstrate strong attention to detail, sound analytical skills, a willingness to learn and the ability to work effectively in a fast-paced environment.

Training and development will be provided to the successful candidate, but it should be noted that an acceptable level of competency will need to be reached in a short space of time.

Responsibilities

~1 min read

Monitor daily cash positions and assist with cash flow management.
Review nostro account balances and escalate funding requirements or exceptions.
Assist in ensuring sufficient liquidity is maintained to meet operational requirements.
Support the monitoring of liquidity positions against approved limits and management action triggers.
Investigate and resolve cash breaks, reconciliation items and operational exceptions.
Monitor market developments affecting interest rates, foreign exchange markets and fixed income securities and communicate relevant observations to the Money Market Dealer and Treasurer.

Assist in the execution and processing of money market, foreign exchange, fixed income and funding transactions within approved mandates and delegated authorities.
Prepare dealing tickets, confirmations and supporting documentation.
Ensure treasury transactions are accurately captured and maintained in treasury systems.
Support the settlement of treasury transactions and follow up on outstanding items.
Maintain accurate records and audit trails for treasury activities.

Monitor daily treasury reports and identify exceptions requiring escalation.
Assist in monitoring liquidity, market and counterparty risk exposures.
Support compliance with Treasury policies, procedures and approved limits.
Prepare daily, weekly and monthly management information reports.
Assist in the preparation of reports for management and risk committees.

Monitor interest rate, foreign exchange and broader market developments.
Track movements in benchmark interest rates and market indicators.
Research and summa
rise market developments relevant to Treasury activities.
Maintain awareness of regulatory and industry developments affecting Treasury.

Liaise with Finance, Investment Banking Division (IBD), Risk, Operations and other business units regarding treasury-related matters.
Assist with the resolution of settlement, reconciliation and operational queries.
Maintain professional relationships with banks, financial institutions (lenders) and internal stakeholders.
Work closely with the Money Market Dealer and Treasurer to support Treasury objectives and deliverables.

Requirements

~1 min read

Working knowledge of money market instruments, foreign exchange products, foreign exchange and interest rate derivatives, repurchase agreements and fixed income securities.
Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics or a related field.
1 to 3 years' experience in banking, treasury, finance or financial markets.
Strong analytical and numerical skills.
Proficiency in Microsoft Excel and Microsoft Office applications.
Strong attention to detail and organisational skills.
Good verbal and written communication skills.

Nice to Have

~1 min read

Direct exposure to treasury, liquidity management or financial markets, including the execution of foreign exchange, money market and fixed income transactions.

Experience within a banking or financial services environment.

Opportunities to network and collaborate
Challenging Working
Opportunities to innovate

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.

#Post

#RMB

#LI-MM15

22/10/26

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.