Job Description

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.

The purpose of the role is as follows:

To ensure the oversight and compliance of collective investment schemes with regulatory standards.
To collaborate with internal stakeholders and clients to implement oversight processes and provide key insights to support decision-making while mitigating potential risks

Are you someone who can:

Oversee and provide guidance to collective investment scheme management companies in terms of the Act and the Deed to ensure the protection of underlying participatory interest holdersBuild and sustain collaborative working relationships with peers and stakeholders, such as Credit, Legal and Risk and Compliance, to achieve team goals and objectives to fulfil the Trustee responsibilities as prescribed in the act, deed, and subordinate regulation·Keep abreast of draft regulation up for comment that impacts collective investment schemes and provide required inputRead, interpret and apply CIS trust documents (Deed, Act and subordinate regulation) language to specific situations, overseeing the frequent distributions of cash or assets by the management company.Provide CIS fiduciary oversight and answer difficult or complex questions regarding collective investment schemes and portfolio fiduciary risk and compliance oversight.Review documents and work with team members to ensure proper documentation of management company actions, policies and procedures.Develop an understanding of risks and risk management approaches. (e.g. VaR)Provide timeous reports on management company conduct and oversight, scheme audit reporting and processes as well as regulatory reporting required from time to time.Perform regular oversight of portfolio investment compliance in terms of the Deed, Act and subordinate regulation

You will be an ideal candidate if you have the following:

Qualifications

Minimum qualification: Bachelor’s Degree in Commerce, Finance, Audit, Accounting, Risk, Mathematics, or Investment-related fieldPreferred qualification: Honour’s Degree or Post Graduate Diploma in Commerce, Finance, Audit, Accounting, Risk, Mathematics, or Investment-related field CFA / FRM, or studying towards these qualifications

Experience and Skills

Minimum of 3-5 years in a similar environment or in an asset management organisation. Prior CIS experience is an advantage.An understanding of regulations, and the interpretation of compliance requirementsAn understanding of financial analytics and the interpretation of financial informationUnderstanding of Collective Investment Scheme fund accounting, investment compliance and risk

You will have access to:

Opportunities to network and collaborateChallenging workingOpportunities to innovate

We can be a match if you are:

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough toObsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do itLove putting our clients at the forefront of what you do

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

03/06/25

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.