Johannesburg: Transaction Manager posted by Isilumko Staffing

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.

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.