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

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Job Description

About the Role

Isilumko Staffing is seeking a highly skilled and experienced Transaction Manager Agency to join our team in Johannesburg. As an integral part of our Client-facing team, you will be responsible for managing end-to-end deal life cycles of syndicated investment banking products, ensuring seamless coordination and compliance with operational capabilities.

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.

Requirements

  • Undergraduate degree in Commerce, Business Science, or equivalent.
  • FAIS compliance preferred.
  • Experience in Transaction Management, Agency, or equivalent Middle Office environment.
  • Background in Finance, Internal Audit, Credit Management, or relevant banking experience is advantageous.

Qualifications

  • Completed Undergraduate Degree in Commerce, Business Science, or equivalent.

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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.

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



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