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:
-
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.
-
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.
-
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.
-
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.
-
Deal Management:
- Coordinate exceptions, waivers, refinancings, extensions, and amendments with internal and external stakeholders.
- Actively manage deal covenants on Debt Domain.
-
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.
-
Account Management:
- Manage outstanding fees and coordinate fee recovery with Loans Admin.
- Transact on client`s bank accounts per the Account Bank Agreement.
-
Regulatory Compliance and Reporting:
- Ensure adherence to all regulatory compliance requirements.
- Provide support for any specific business projects requiring TMU assistance.
-
Professional Development:
- Complete Personal Development Plans annually and update regularly.
- Set up regular meetings with the line manager to discuss progress.
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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