Money Market Team Leader

Job Description

To oversee daily Money Market operations by ensuring accurate processing, settlement, reconciliation and control of transactions, supporting front office activities and maintaining integrity of financial records, systems and accounts in line with governance and service standards.

Hello Future Money Market Team Leader

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, it’s the magic of our people and culture that sets us apart.

We are looking for a Money Market Team Leader who will oversee daily Money Market operations by ensuring accurate processing, settlement, reconciliation and control of transactions, supporting front office activities and maintaining integrity of financial records, systems and accounts in line with governance and service standards.

Are you someone who can:

• Oversee daily Money Market operational activities to ensure accurate and timely processing of transactions and settlements
• Supervise and review transaction processing, settlements, and system updates to ensure compliance with procedures and controls
• Control and monitor suspense accounts used for interbank settlement clearing to minimise interest exposure and reputational risk
• Review and authorise Money Market deals across systems to ensure accurate position management and data integrity
• Ensure the accuracy and completeness of databases capturing statistical deal information for both domestic and international transactions
• Support front office dealers by providing system assistance and resolving operational issues across applicable platforms and related systems
• Review and authorise manual journal entries to ensure accuracy, validity, and compliance with accounting standards
• Oversee the preparation and issuance of confirmations and account statements to customers and counterparties while resolving related queries
• Review daily operational reports, including batch proofs, general ledger balances, and control templates, to ensure accuracy and completeness
• Supervise and review daily reconciliations, ensuring the timely identification, investigation, and resolution of variances
• Control and monitor investment portfolios and settlement timelines to prevent delays, interest claims, and customer queries
• Ensure general ledger balances are accurate and aligned with supporting systems and reconciliations
• Oversee the safekeeping and custody of domestic assets and stock items, including script holdings
• Ensure the delivery of investment certificates to clients in line with service standards and regulatory requirements
• Provide guidance and support to team members to ensure adherence to processes, controls, and service level expectations
• Escalate material operational risks, control breaches, or unresolved issues to management in line with governance frameworks

You will be an ideal candidate if you:

• Hold a Bachelor degree of Commerce, preferably in Financial Management, or a Diploma in Treasury Management
• 3 - 5 years Money Market or Investment related banking experience
• 1 - 2 years of Team Management Experience
• Have a knowledge and understanding of Treasury Bills, Government Bonds, Negotiable Certificate of Deposits (NCD), Promissory Notes, Deposits, Loans, and Investment accounts
• Be computer literate in Microsoft Excel, Word, Power Point and Outlook

The candidate should have the following knowledge and skills:

Knowledge

• Money Market instruments and settlements
• General ledger management and reconciliations
• Financial transaction processing and controls
• Operational risk and compliance environments
• Banking systems including settlement and payment platforms

Technical Skills

• Money Market operations and settlements
• Reconciliations and suspense account management
• General ledger control and financial reporting
• SWIFT and settlement systems
• Operational risk and control procedures
• Financial systems and transaction processing
• Data validation and reporting

You will have access to:

• Opportunities to network and collaborate.
• Challenging working environment.
• Opportunities to innovate.
• Develop your own skills and knowledge.

We can be a match if you are:

• Always doing the right thing – Fight for ethical conduct and transparency, both inside and outside
• Curious – Believe in insight, creativity, and its power to unlock value.
• Deeply Invested – Take initiative and be a leader in your own right.
• Valuing differences – Be inclusive, gracious, decent, and humble.
• Building Trust not Territory – Create a culture of sharing.
• Courageous – We’ve built a culture of bravery as every opinion is considered.

Are you interested to take the step? We look forward to engaging with you further.

Apply now

Group’s application portal: Workday (myworkdayjobs.com)

Closing Date:  22 July 2026

All appointments will be made in line with FirstRand Namibia’s Employment Equity plan.The Group actively supports the recruitment and advancement of people with disabilities. We encourage that candidates voluntarily declare their disability and consult the Group should they require reasonable accommodation.

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Important Closing Date Note

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

23/07/26

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.