Recruitment at Rand Merchant Bank

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

We are recruiting to fill the position below:

Job Title: Corporate Credit Analyst

Job Requisition ID: R26680
Location: Nigeria
Job type: Full-time

Responsibilities
The successful candidate will:

• Assess financial transactions, which include(s) an assessment of products (i.e. derivatives) and structures used.
• Assess counterparty credit risk, which includes the following:
• Assessment or understanding of the operating environment (i.e. country, industry, regulatory and legal risk) and how it impacts the risk profile of the counterparty.
• Spreading and modelling of financial statements.
• Analysing and interpreting financial statements.
• Quantitative and qualitative assessment to identify and quantify the financial and business risks of the counterparty.
• Assign credit ratings to counterparties by using internally approved rating methodologies and models.
• Write credit reports and prepare credit applications and financial models to be presented to the relevant committees.
• Present credit applications and reports to various credit committees and forums.
• Monitor financial covenants and financial risks for credit reporting.
• Ongoing evaluation and monitoring of counterparties and facilities.
• Ongoing monitoring and management of portfolio, which include making recommendations and/or providing input to further develop the bank’s lending policy..
• Liaise with various business units, divisions and subsidiaries within the FirstRand Banking Group.
• Interact with clients.

Qualifications and Experience

• A tertiary education with a financial background, with a minimum Second-Class Upper division or equivalent.
• At least five years of credit analysis experience, preferably within a large financial institution or five year’s experience in financial markets in a consulting/auditing capacity.
• Modelling, assessing or advising on financial and business risks should form part of this experience.
• A sound understanding of Treasury and Financial Markets products (i.e., derivatives) is required.

Technical Skills and General Competencies:

• General knowledge of practical economics relating to business, industry and the Nigerian macroeconomic environment.
• Knowledge and understanding of the Companies Act, Commercial Law, legal issues relating to security, exchange control and other relevant legislation or regulatory requirements, including IFRS, Basle II and III.
• Knowledge and understanding of the taxation of companies, financial institutions and shareholders.
• Good understanding of financial instruments products (i.e., derivatives) and markets.
• A good understanding of credit ratings, portfolio theory and credit pricing.

Key Competencies:

• Develop an in-depth knowledge of specific operating environments (i.e., country, industry, regulatory and legal risk) and how it could impact on the risk profile of the counterparty and specific transactions.
• Develop an in-depth knowledge of specific sectors and clients as part of a specific industry research team.
• Assessing financial transactions, which include derivatives and other product structures in order to identify credit and other risks pertaining to vanilla and exotic derivative structures.
• Identifying transaction specific risks including credit, taxation, accounting, legal and exchange control pertaining to transactions. • Assessing counterparty credit risk.
• Introducing risk mitigating measures as input to transactions in line with the risk philosophy of the Bank.
• A good understanding of the Bank’s credit risk appetite, credit grading and credit pricing models.
• A general understanding of trends in the global lending market with a view to providing input into the bank wide lending policy development process.

Human Relations Profile:

• Strong character & integrity 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 and ability to work effectively under pressure.
• Strong work ethic and able to operate in a fast-changing environment (building a business).
• Excellent communication skills (i.e., verbal, writing and presentation skills). Ability to work with a team and/or independently.

Application Closing Date
9th November, 2025.

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

Job Title: Private Credit Portfolio Manager

Job Requisition ID: R32080
Location: Nigeria
Job type: Full-time

Job Description

• The Private Credit Portfolio Manager will play a pivotal leadership role in the formation of RMBN AM’s private market overseeing the strategic sourcing, evaluation, execution, and management of the fund(s).
• This role requires an experienced professional with 10+ years of experience in private credit, including a strong background in credit analysis, financial modelling, due diligence, and deal structuring.
• The Private Credit Portfolio Manager will be responsible for leading the initiatives and managing the team, collaborating closely with senior management, internal teams, and external partners to originate and execute direct investments, as well as working on partner-led investments and secondary market opportunities.
• Additionally, the successful candidate will play an integral part in driving the continued development and growth of the firm’s private market capabilities, ensuring high-quality execution of transactions and overseeing strategic initiatives across the firm.

Responsibilities
The successful candidate will be responsible for the following:

• Product Design: Develop and evaluate legal structures from the perspective of investor suitability, taxation and regulatory compliance
• Investment Strategy and Governance: Develop governing documents and an appropriate investment strategy
• Deal Pipeline: Source and identify potential targets for investment

Deal Structuring and Due Diligence:

• Lead the structuring and due diligence efforts for all investments
• Take a lead role in overseeing the comprehensive credit analysis process
• Evaluate financial statements, assess risk, and conduct in-depth capital structure analysis
• Develop and maintain financial models for assessing investment opportunities

Fund and Investment Documentation:

• Lead the drafting of the requisition documentation for establishing and marketing the fund
• Lead the negotiation and documentation for the approved investment

Stakeholder Engagement:

• Lead the presentation of new investments to the investing public
• Provide an investment update to the investment committee
• Build and maintain relationships with internal and external stakeholders and regulators

Portfolio Management, Monitoring and Review:

• Oversee and manage the performance of the investment portfolios
• Provide strategic insight for portfolio optimization and ensure the investments are performing as expected.
• Lead the periodic monitoring, review and reporting of the investment portfolio

Capacity Building:

• Lead, mentor and develop a team of professionals within the team
• Drive key decisions with minimal supervision

Qualifications and Experience

• A Bachelor’s Degree in Finance, Accounting, Economics or a related field is required
• An MBA, CFA or postgraduate qualification will be advantageous
• A minimum of 10+ years of experience in private credit or a similar financial services role is required
• The candidate must have extensive experience in credit analysis, financial modelling, structuring, origination, trade execution and leadership
• Prior experience working with private markets or investment banks is essential
• Registration with Nigeria’s Securities & Exchange Commission (SEC) as a Sponsored Individual is desirable

Technical Skills:

• Proficient in financial modelling and valuation
• In-depth knowledge of credit markets, capital structures, debt instruments and transactions structuring
• Ability to provide opinions and recommendations to senior management, investment committees and external stakeholders both in written and verbal presentation
• Outstanding communication and presentation skills
• Strong organisation and project management skills with the ability to oversee multiple priorities and ensure timely, high-quality execution in a dynamic and fast-paced environment

General Competencies:

• Self-started
• Highly self-motivated with the ability to lead
• Entrepreneur mindset
• Collaborative, strategic thinker who can work well with senior management and other key stakeholders
• Result-oriented, detail-driven, and committed to excellence and the highest standard of quality and professionalism.

Application Closing Date
9th November, 2025.

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