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Johannesburg: Transaction Manager posted by Isilumko Staffing

Date 2024-11-24
Job Title Transaction Manager
Employer Isilumko Staffing
More Information
Salary 0
Category Finance Accounting
Location Gauteng
/ Johannesburg

Job Summary

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. If you have a background in Transaction Management, Finance, Internal Audit, or related fields, we invite you to apply.

Key

Responsibilities:

  1. System Facilitation:

    • Ensure draft legal agreements can be seamlessly integrated into the bank`s systems with minimal manual intervention.
    • Administer transactions within existing operational capabilities.
  2. Client Onboarding:

    • 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.
  3. Documentation and Compliance:

    • 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.
  4. Facility Utilizations:

    • 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.
  5. Deal Management:

    • Coordinate exceptions, waivers, refinancings, extensions, and amendments with internal and external stakeholders.
    • Actively manage deal covenants on Debt Domain.
  6. Communication and Coordination:

    • Communicate deal amendments to the Loan Administrator.
    • Coordinate lender and borrower meetings and conference calls.
    • Resolve deal-specific queries between lenders and borrowers.
  7. Account Management:

    • Manage outstanding fees and coordinate fee recovery with Loans Admin.
    • Transact on client`s bank accounts per the Account Bank Agreement.
  8. Regulatory Compliance and Reporting:

    • Ensure adherence to all regulatory compliance requirements.
    • Provide support for any specific business projects requiring TMU assistance.
  9. Professional Development:

    • Complete Personal Development Plans annually and update regularly.
    • Set up regular meetings with the line manager to discuss progress.
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Preferred Experience:

  • 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.

Transaction Manager position available in Gauteng, Johannesburg. This job position was posted by Isilumko Staffing. The job has been posted as a premium ad on 2024-11-24 at 13:17:38 in the Finance Accounting category

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