Portfolio Manager

3 weeks ago


Johannesburg, South Africa FirstRand Full time

Job Description

To participate in and support deal origination and structuring, implementation and client engagement processes in the allocated sector product to enable improved profitability, market share and competitive positioning
- Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue listen advise influence and negotiate to achieve win win outcomes
- Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
- Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts
- Anticipate consequences and adapts problem solving based on continual feedback
- Act speedily to resolve problems queries and complaints
- Adapt communication styles to meet the needs of different audiences
- Obtain instructions from Transaction Managers based on signed legal agreements
- Load agreed upon deal profiles on the Loan Management System
- Validate that overall deal position is within expectations
- Hedge overall interest rate risk inherent in cash flow profiles
- Measure open FX exposure
- Consider and if applicable trade specific or macro hedges for the above
- Obtain relevant deal profiles credit ratings and LGDs from Transactors sense check and provide comment where information appears insufficient
- Use Pricing Wizard Reuters and Bloomberg to determine funding credit capital and hedging costs as well as FX components
- Validate the prospective deal profitability
- Ensure portfolios and all new deals are adequately funded
- Determine whether match funding or pool funding is necessary
- Monitor daily funding and rolling of funding as well as sourcing additional funding
- Liaise with Group Treasury on an ongoing basis
- Risk reports, including Key Rate Analyser, indicating current residual position
- Consider key macro-economic factors in order to position the net portfolio interest rate and FX position
- Execute appropriate hedges if required
- Extract information from Loan Management System as well as central RMB market risk systems in order to generate risk reports on a daily basis
- Investigate and resolve exceptions identified by risk reporting process
- Take appropriate action to change portfolios position given output of risk report
- Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
- Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
- Stay relevant and up to date with legislations and new developments
- Maintain a positive attitude and respond openly to feedback
- Handle stress in ways that do not negatively impact others
- Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
- Take ownership of personal career development leveraging formal and informal opportunities
- Read situations and organisational realities
- Set aside personal agenda for the greater good
- Act in an ethical transparent and morally defensible manner including highlighting unethical practices
- Share debate and communicate learnings
- Flag and debate issues constructively
- Promote a friendly cooperative climate

Minimum experience:

- 1-2 years minimum prior experience in a quantitative role in the an Investment bank
- OR 1-2 years trading desk experience - Derivatives, Interest rates, bonds or Treasury desks

Post

RMB

LI-JB5

Job Details

Application Closing Date

04/07/24


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