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Johannesburg: Transaction Manager posted by Isilumko Staffing

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Job Description

About the Role

We are seeking a highly motivated and detail-oriented Transaction Management Analyst to join our dynamic team. The successful candidate will play a crucial role in facilitating and managing various financial transactions in accordance with legal agreements and internal operational procedures.

Key Responsibilities

  • Ensure draft legal agreements can be seamlessly integrated into the bank’s systems with minimal manual intervention.
  • Administer transactions within existing operational capabilities.
  • Load clients onto ACBS, coordinating with Ops Ref Data team if necessary.
  • Originate facilities on ACBS at Financial Close or document signature date, ensuring accurate representation of transaction structure.
  • Upload copies of Legal Agreements, CP documents, and Authority Sought onto Debt Domain.
  • Provide a comprehensive handover of new deals and refinances/extensions to Loans Admin team.
  • Instruct Initial and Subsequent Facility Utilizations, ensuring compliance with CP requirements and KYC.
  • Complete necessary forms for Loan Loader and Payment Authorization.
  • Coordinate with Loans Admin for processing.
  • Coordinate exceptions, waivers, refinancings, extensions, and amendments with internal and external stakeholders.
  • Actively manage deal covenants on Debt Domain.
  • Communicate deal amendments to the Loan Administrator.
  • Coordinate lender and borrower meetings and conference calls.
  • Resolve deal-specific queries between lenders and borrowers.
  • Manage outstanding fees and coordinate fee recovery with Loans Admin.
  • Transact on client’s bank accounts per the Account Bank Agreement.
  • Ensure adherence to all regulatory compliance requirements.
  • Provide support for any specific business projects requiring TMU assistance.

Requirements

  • Experience in Transaction Management, Agency, or equivalent Middle Office environment.
  • Background in Finance, Internal Audit, or Credit Management.
  • Completion of Articles with a bank or auditing firm.
View Job  North Johannesburg: Financial Planner posted by Envestpro

Qualifications

  • Bachelor’s degree

Salary & Benefits

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Banking Jobs in Gauteng

The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.

When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.

Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.

The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.

Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.

View Job  Cape Town: Brand Marketing Manager (B2B Retail solutions) posted by Isilumko Staffing


This information provides general career guidance. Actual salaries and requirements vary by employer.



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