Date | 2024-10-18 |
---|---|
Job Title | Transaction Manager – Cib (6 Month Contract) |
Employer | More Information |
Salary | |
Category | Accounting Finance |
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 bank’s 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. 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.
Transaction Manager – Cib (6 Month Contract) position available in Gauteng, Johannesburg. This job position was posted by . The job has been posted on 2024-10-18 in the Accounting Finance category
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