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Johannesburg: Agency Transaction Manager – Cib (6 Month Contract) posted by Isilumko Staffing

Date 2024-11-24
Job Title Agency Transaction Manager – Cib (6 Month Contract)
Employer Isilumko Staffing
More Information
Salary 0
Category Finance Accounting
Location Gauteng
/ Johannesburg

Job Summary

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.
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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.

Agency Transaction Manager – Cib (6 Month Contract) 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 13:04:21 in the Finance Accounting category

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