Johannesburg: Agency Transaction Manager – CIB (6 month contract) posted by Isilumko Staffing

One of the BIG 4 banks in South Africa is currently looking to fill a role for a Transaction Manager Agency in JHB.

As an Agency Transaction Manager, you will coordinate the end-to-end deal life cycle of syndicated investment banking products. Your primary focus will be on facility origination post-financial close, ongoing facility management according to legal agreements, and document management on the banks syndication platform.

Key Responsibilities:

• Facilitate transactions on the bank’s systems with minimal manual intervention, ensuring compliance with operational capabilities.
• Manage client onboarding and ensure KYC compliance in collaboration with the Operations Reference Data team.
• Originate facilities on the loan management system, ensuring all transaction structures are accurately reflected.
• Open Project Accounts as per Account Bank agreements, ensuring correct signatories and access.
• Oversee the handover of new deals and amendments to the Loans Administration team, including necessary documentation.
• Instruct facility utilisations while ensuring compliance with conditions precedent and facility limits.
• Manage deal covenants and ensure ongoing compliance, updating relevant documentation as needed.
• Coordinate exceptions, waivers, and amendments with internal and external stakeholders.
• Maintain relationships with clients, lenders, and internal teams, ensuring smooth communication and resolution of queries.
• Attend meetings and provide input on business projects as required.

Key Performance Measures:

• Effectiveness in managing deals in line with operational capabilities and compliance requirements.
• Successful invoicing and recovery of agency fees.
• Minimisation of operational risk incidents and governance process findings.
• Contribution to project testing and system input.
• Demonstration of organizational values in all interactions.

Qualifications:

• Undergraduate degree in Commerce, Business Science, or equivalent.
• FAIS compliance preferred.

Experience:

• Experience in Transaction Management, Agency, or equivalent Middle Office environment.
• Background in Finance, Internal Audit, Credit Management, or relevant banking experience is advantageous.

Technical Competencies:

• Strong financial and numerical skills.
• Proficient in risk management and project management.
• Computer literacy with the ability to interpret legal documents.

Personal Competencies:

• Excellent verbal and written communication skills.
• Strong analytical abilities with a focus on detail and results.
• Capable of managing pressure and conflict effectively.
• Self-motivated with excellent relationship management skills.