Rand Merchant Bank Latest Job Recruitment 2026: Apply Now

Job Title: Bank and NBFI Credit Analyst

Job Requisition ID: R52476
Location: Nigeria
Job Type: Full-time

Job Description

• An opportunity is available for a Bank and Non-Bank Financial Institutions (NBFI) Credit Analyst at RMB Nigeria Limited, reporting to the Head of Financial Institutions (FI) Credit.
• The Credit Analyst is responsible for supporting the independent credit assessment, monitoring, and risk management of sovereign, bank, non-bank financial institution, insurance company, development finance institution and other financial sector exposures within RMB Nigeria.
• The successful candidate will conduct detailed financial and credit analysis, prepare credit applications and annual reviews, support portfolio monitoring activities, and contribute to informed credit decision-making through the timely identification and escalation of emerging risks.
• The role requires close collaboration with key stakeholders and governance standards and regulatory requirements.

Responsibilities
The successful candidate will be responsible for:

• Conduct credit analysis on assigned banks, sovereigns, non-bank financial institutions, insurance companies, development finance institutions and other financial sector counterparties.
• Review and assess annual reports, audited financial statements, management accounts, regulatory filings and other financial information.
• Analyze key financial metrics including capital adequacy, asset quality, earnings, liquidity, funding profile and profitability.
• Prepare detailed credit applications, annual reviews and credit memoranda, as well as presenting same to internal approval committees where required.
• Assist in determining internal credit ratings and risk grades in accordance with the bank’s credit policies and rating methodologies.
• Monitor approved counterparties and identify emerging credit risks, adverse trends and potential rating migrations.
• Monitor compliance with approved credit limits, covenants and other risk conditions.
• Support the review and recommendation of interbank, trade finance, treasury and other financial institutions exposure limits.
• Keep abreast of industry, country and sovereign risk analysis to understand external factors affecting counterparties.
• Maintain up-to-date knowledge of banking and other financial institutions’ regulations, prudential guidelines and developments within the financial services sector.
• Monitor news, market developments and rating agency publications to identify material events impacting counterparties.
• Liaise with relationship managers, treasury teams, risk management teams and external stakeholders to obtain information and clarify credit issues.
• Participating in client meetings, management discussions and due diligence visits where required.
• Ensure all credit assessments comply with internal credit policies, regulatory requirements and risk governance standards.
• Maintain accurate counterparty credit records, financial spreading databases and internal risk systems.
• Escalate significant credit concerns, deteriorating trends or limit breaches to senior analysts and management in line with established escalation protocols.
• Collaborate with senior credit analysts in the structuring, assessment and ongoing monitoring of financial institutions exposures, as well as in executing portfolio reviews, sector studies and special risk assessment projects.

Key Deliverables

• High-quality credit applications, annual reviews, rating reviews and credit memoranda completed within prescribed timelines and in accordance with approved credit standards.
• Credit analysis, risk assessments and internal rating recommendations supported by sound understanding of institutions’ counterparties, industries and key risk drivers
• Ongoing monitoring as well as timely identification, and escalation of emerging risks, adverse developments, rating migration concerns, limit breaches and other material credit events across assigned counterparties and portfolio exposures.
• Effective portfolio monitoring, surveillance activities and maintenance of credit records and systems to support informed risk oversight, governance and decision -making.
• Consistent adherence to credit policies, rating methodologies, governance standards and regulatory requirements while contributing to portfolio reviews, sector studies and broader Credit team objectives.

Role Interfaces/Interacts:

• Head of Financial Institutions Credit and Head of Credit.
• Credit appetite setting, governance oversight, policy management & review.
• Credit Department: Information sourcing/sharing, transfer of skills (development).
• FirstRand Bank Central Credit and subsidiaries Credit Risk.
• Client-facing teams.
• Operations and Middle Office Functions.
• Risk & Compliance: Regulatory and Compliance oversight,
• Reporting (including Operational and Climate Risk).
• Finance: Information sourcing/sharing.
• Legal Department: Legal services & advice.
• Internal Audit: Information provision for audit assurance exercises
• Credit Rating Agencies.
• Banks and Non-Bank Financial Institutions.

Experience & Qualifications

• A Bachelor’s Degree in finance, Accounting, Economics, Banking or other business-related field (preferred), with a minimum qualification of Second-Class Upper division or equivalent.
• Progress towards or interest in relevant professional qualifications within the accounting, finance or risk management fields is desirable, but not mandatory.
• At least 3 years’ experience in credit analysis, banking, audit, risk management, financial analysis, or other related fields, preferably within a large financial institution or consulting firm.

Skills Requirement & Personal Attributes:

• Strong numerical and analytical skills, with ability to extract, manipulate and analyze large datasets.
• Good understanding of financial statement analysis within the context of financial institutions, including balance sheets, income statements and cash flow statements.
• Ability to analyze key banking and financial institution credit metrics
• Understanding of credit risk assessment principles and methodologies.
• Ability to identify key strengths, weaknesses and emerging risks from financial and qualitative information.
• Basic understanding of the banking business model, funding structures and risk drivers.
• Basic understanding of Treasury and financial products, and markets.
• Basic awareness of regulatory frameworks and prudential requirements applicable to major types of financial institutions.
• Strong report-writing skills, with ability to prepare clear and concise credit memoranda.
• Ability to assess risks (including credit, legal, taxation and exchange control), while articulating credit recommendations and risk concerns effectively.
• Good verbal communication and presentation skills
• Strong character & integrity are paramount.
• High degree of self-confidence; pleasant personality; well presented.
• Well organized / good time management skills / disciplined / detail orientated.
• Self-starter, able to work with minimal supervision.
• Flexible, when necessary, with the ability to manage multiple deadlines and priorities.
• Strong work ethic and able to operate in a fast-changing environment.
• Ability to work independently, while also collaborating effectively with stakeholders

Application Closing Date
26th August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Custody Sales Manager

Job Requisition ID: R52541
Location: Nigeria
Job Type: Full-time

Job Description

• The Custody Sales/Relationship Manager is responsible for driving business growth, deepening client relationships, and delivering high-quality client coverage across the custody product suite.
• The role is accountable for originating new business, managing and retaining strategic client relationships, coordinating the successful onboarding of new mandates and ensuring that client requirements are addressed proactively through strong internal collaboration.
• Working closely with Product, Operations, Risk, Compliance, Legal and other key stakeholders, the incumbent supports revenue growth, enhances client experience, identifies market opportunities and contributes to the effective execution of the custody business strategy.

Responsibilities
The successful candidate will be responsible for:
Sales, Client Relationship Management and Financial Performance:

• Drive the execution of the custody sales and client coverage strategy in partnership with the Head of business and relevant teams across the bank
• Originate new business opportunities and actively manage the sales pipeline to achieve agreed growth in assets under custody, revenue, liabilities and broader wallet share
• Manage and deepen relationships with existing clients through regular engagement, account planning and proactive identification of client needs, opportunities and risks
• Coordinate the onboarding of new clients and account opening processes in collaboration with all relevant stakeholders to ensure timely implementation against agreed service standards
• Develop and execute client calling plans, including prospecting, relationship reviews and service meetings, to support business acquisition and retention
• Stay close to clients to understand strategic priorities, operational pain points and service expectations, and ensure issues are escalated and resolved effectively
• Promote the full suite of custody-related products and solutions, including direct custody, international custody, broker clearing, funds services, fiduciary and related value-added services
• Identify cross-sell opportunities across the broader bank and work with internal partners to deliver holistic client solutions
• Complete RFPs, RFIs, due diligence questionnaires and client proposals accurately and on time, coordinating with product and support teams as required
• Monitor industry developments, regulatory changes, market infrastructure evolution and competitor activity to identify opportunities, anticipate client impact and support positioning solutions.
• Represent the business in client discussions, industry forums and relevant market advocacy initiatives to strengthen market presence and support product development
• Provide accurate pipeline, revenue, client activity and management information reporting to support business planning and executive decision-making
• Build strong working relationships across Global Securities Services, Global Markets and the wider RMB franchise to enable seamless client delivery
• Support a high-performance, client-centric culture focused on service excellence, commercial outcomes and continuous improvement
• Remain cost-conscious and contribute ideas that improve efficiency, enhance client experience and strengthen the competitiveness of the custody offering
• Handle all client, regulatory and internal governance requests with a strong sense of accountability, responsiveness and professionalism.

Business Management and Stakeholder Coordination:

• Closely monitor market developments, client trends and competitor activity; maintain close contact with product and country teams, assess potential client and business impact, and identify appropriate commercial responses
• Job scope covers the full range of custody-related solutions, including custody, broker clearing, funds services, fiduciary services and associated client service requirements
• Manage relationships with Operations, Risk, Credit, Compliance, Legal, Finance and other support functions to ensure effective delivery of client mandates and the ongoing development of the custody product offering.

Collaboration and Team Contribution:

• Actively build strong collaboration within Custody and across the broader organization to support client delivery and business growth
• Maintain open lines of communication with internal stakeholders to ensure alignment on client strategy, pipeline progression, onboarding and service delivery
• Contribute to the achievement of the Custody team’s collective scorecards and support the execution of strategic objectives through active participation, knowledge sharing and collaborative problem-solving.

Governance, Risk and Compliance:

• Ensure ongoing adherence to all legislation, regulatory requirements and risk and compliance matters to avoid control breaches or non-adherence to such requirements

Experience & Qualifications

• B.Com Degree or equivalent qualification
• A minimum of 5 to 8 years’ relevant post-graduation experience, preferably within custody, securities services, transaction banking or financial services
• Sound understanding of banking regulations, financial accounting and taxation, payments, clearing and settlement systems, credit risk, process improvement and treasury-related products will be advantageous
• Proficiency in the full Microsoft Office suite.

Core Competencies:

• Strong interpersonal and relationship management skills
• Ability to perform effectively under pressure while maintaining a professional and constructive approach
• Strong collaborative orientation with the ability to work effectively across internal teams and stakeholder groups
• Strong analytical capability and attention to detail
• Decisiveness and strong execution capability
• Results orientation and commercial drive
• Sound ethical judgement and professional integrity
• Resilience and effective stress management
• Strong client service orientation and ability to build trusted relationships
• Teamwork and organizational awareness
• Business insight, risk awareness and sound judgement
• Commercial and financial acumen.

Application Closing Date
2nd September, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online