Latest Jobs at Rand Merchant Bank

Job Description

• To trade in the Nigeria foreign exchange and fixed income markets for a designated product range (spot, Forwards, repos and swaps), pricing transactions and managing trading positions, in order to maximize trading profits at acceptable risk.
• To be responsible for making market and the execution of foreign exchange and fixed income transactions for corporate and institutional clients.

Responsibilities

• The successful candidate will be responsible for the following:
• Transact foreign exchange and fixed income trades on the bank’s own account in the knowledge of customer-based transaction flows and in anticipation of future changes in the market, making use of associated products where relevant to the trading product
• Provide a product trading service to markets customer segment sales staff to meet customer needs at competitive prices
• Contribute to building the bank’s reputation in the local and international market through personally always demonstrating a high level of professionalism, developing mutually beneficial working relationships with counterparties, internal stakeholders, clients, regulators etc.
• Manage the transaction-based risks generated in trading, by working within the established parameters and rules appropriate to the trading product (trading limits, hedging, mark-to-market, delegated authority, etc)
• Adopt a sales approach if and where appropriate, for all counterparties where their relationship to RMB is essentially that of a customer.
• To relieve other dealers as necessary to ensure the smooth functioning of the dealing room
• Share relevant market, customer and counterparty intelligence with internal stakeholders to ensure the bank derives maximum benefit from its networking potential
• Interact with the support staff in order to ensure all deals are successfully executed and settled
• Ensure you remain alert to the risk of money laundering and assist in the Bank’s effort in combating it by adhering to the key principles in relation to identifying your customer, knowing your customer, reporting suspicions, safeguarding records and not disclosing suspicions to customers.
• Build an in-depth knowledge of the client by staying abreast of changes within the client’s business which will create new opportunities to transact
• Keep abreast of market developments and proactively keep clients up to date on current market conditions
• Seek out cross-sell opportunities within the bank’s customer base
• Entertain clients on a regular basis through RMB events as well as informal entertaining
• Manage relationships with other price makers
• Maintain the highest degree of professionalism and dealing with ethics

Qualifications And Experience

• Minimum of a 2nd class degree in a relevant course
• At least 7 years of trading experience with a thorough knowledge of and experience in foreign exchange in Nigeria, fixed income markets, and structuring would be an advantage.

General Skills

• Good interpersonal and communication skills
• Must be proactive and a team player with the ability to guide junior members of the team.
• Knowledge of the Central Bank of Nigeria’s exchange control regulations and Debt Management Office’s guidelines
• Strong strategy and leadership skills
• Candidates will be expected to build productive relationships both internally and externally and therefore
• need to be able to communicate prices and strategies clearly and articulate market views and translate
• them into trades.
• Ability to cope under pressure with strict adherence to established risk guidelines.

go to method of application »

Job Description

• The Reward Specialist is accountable for supporting the design, implementation, and ongoing management of reward, remuneration, role grading, and employee benefits frameworks in line with approved Group policies, governance standards, and business strategy.
• The role partners with Human Capital and business stakeholders to ensure reward practices are consistently applied, internally equitable, market aligned, and compliant with regulatory and governance requirements.
• In addition to core reward responsibilities, the role contributes to the delivery of broader Human Capital activities across multiple HC pillars, supporting integrated people solutions and enterprise wide HC initiatives as required.

Key Responsibilities:

Reward & Remuneration

• Partner with business units to support the design, implementation, and ongoing management of remuneration and reward frameworks aligned with organisational strategy and business priorities.
• Conduct salary benchmarking and participate in internal and external remuneration surveys to support market competitiveness and internal equity.
• Support annual reward processes, including salary review cycles, incentive schemes, and bonus allocations.
• Design, review, and recommend incentive and reward schemes, preparing proposals for governance forums and leadership approval.
• Provide high-quality remuneration analytics, insights, and reporting to support informed decision-making.

Role Grading & Job Architecture

• Facilitate and manage role evaluation and grading processes, ensuring consistency, fairness, and adherence to approved methodologies. 
• Apply role grading outcomes to remuneration decisions in line with policy, governance, and budgetary requirements. 
• Maintain accurate and up-to-date role, grading, and job architecture data across the organisation.

Employee Benefits

• Monitor market trends and conduct benchmarking to inform recommendations on employee benefit offerings. 
• Support the implementation, administration, and ongoing management of employee benefit programmes. 
• Respond to benefit-related queries and provide clear, accurate guidance to employees and managers.

Governance, Compliance & Risk

• Ensure reward and benefits practices comply with relevant legislation, internal policies, and governance frameworks. 
• Maintain current knowledge of regulatory requirements, industry best practices, and internal standards. 
• Support audits, reviews, and risk management activities related to reward and remuneration.

Stakeholder Engagement & Advisory

• Act as a trusted advisor to Human Capital Business Partners and line managers on reward related matters. 
• Provide guidance on reward policies, processes, budgets, and employee queries. 
• Prepare high quality reports, presentations, and documentation for remuneration committees and senior stakeholders.

Process Improvement & Data

• Analyse reward data and trends to identify insights, risks, and opportunities for improvement. 
• Drive continuous improvement through process optimisation, standardisation, and automation where possible. 
• Deliver accurate, timely, and insightful reporting in line with service standards and business requirements.

HC Cross Pillar Support

• Contribute to the delivery of broader Human Capital initiatives across the employee lifecycle, including performance management, talent management, organisational effectiveness, learning and development, and HC operations. 
• Support cross functional HC projects and change initiatives in alignment with Group and in country priorities. 
• Collaborate with HC Business Partners and Centres of Expertise to ensure alignment and integration of reward practices with other HC frameworks. 
• Provide people data, insights, and analysis to support workforce planning, governance reporting, and decision making beyond reward. 
• Act as a flexible HC resource during peak cycles and priority initiatives, ensuring continuity and quality of HC service delivery.

Qualifications & Experience

• Bachelor’s degree in human resources, Industrial Psychology, Business Administration, or a related discipline. 
• Postgraduate qualification in Reward, Human Resources, or a related field is an advantage. 
• Minimum of 6-8 years’ experience in reward, remuneration, or broader Human Capital roles, preferably within financial services or a complex corporate environment. 
• Demonstrated experience across end-to-end reward practices, including remuneration, incentives, benefits, and role grading. 
• Proven experience partnering with business stakeholders and senior leaders.

Technical & Professional Skills

• Strong analytical, numerical, and data interpretation capability. 
• Experience with salary surveys, benchmarking, and reward analytics. 
• Sound understanding of labour legislation and reward governance principles. 
• Advanced Excel and reporting skills; experience with HR systems is advantageous.

Competencies

• Strong business acumen with high attention to detail. 
• Excellent communication and stakeholder management skills. 
• High levels of integrity, professionalism, and discretion. 
• Strong planning, organisation, and execution capability. 
• Ability to work independently and collaboratively in a fast paced, high performance environment.
• Ability to operate effectively across multiple Human Capital disciplines and adapt to evolving business and organisational needs.