Transactor

4 months ago

Johannesburg, South Africa FirstRand Full time

Job Description

Hello Future Transactor,

Welcome to RMB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
- Achieve sales targets in line with performance scorecards and achieve an acceptable cost of sales ratio through pipeline managements and sales quality.
- Identify opportunities to increase sales revenue and to grow the organizational client base while containing costs
- Develop tactical strategies with retaining or signing unbanked customer base with a view to improve and increasing profitability.
- Drive the maximizing of cross-selling opportunities where possible and in consultation with more experienced Transactors.
- Directly inform the client inputs during legal drafting processes, implement and manage transactions in accordance with legal and regulatory requirements and ensure full understanding of transaction.
- Achieve expected financial targets and uphold associated service levels.
- Provide a professional service to stakeholders by ensuring that transactions are managed and accounted for in accordance with legal agreements, relevant legislation and that deal activities are executed by following agreed business process.
- Understand and manage financial aspects of transactions through understanding and adherence to Legal agreements and all applicable regulatory aspects (Companies Act, Excon, IFRS, FICA, Bank’s Act, etc.), to prepare financial activities required on the transaction (e.g. Diary reminders, payments, drawdowns, invoices, etc.).
- Preparation and analysis of various financial reports required in the preparation of the insights required for client strategies.
- Interface with CIB Finance on monthly management accounts and resolve queries raised by frontline. Feedback results to Equity team monthly at team meetings.
- Adhere to internal controls and procedures to alleviate risk and prevent losses by following internal procedures and agreed processes to effect financial management (prepare cash flows, obtain signatures, sending instructions to various departments, etc.).
- Identify and understand potential risks which may lead to increased costs and collaborate with relevant stakeholders on risk mitigation strategies.
- Build trusting relationships with stakeholders through consistent and timeous communication and adherence to their requirements (systems and procedures) and evidencing an understanding thereof.
- Respond to queries from stakeholders by understanding their requirements and providing information timeously.
- Provide quality service delivery by understanding and being proactive and evidencing a good understanding of the transaction.
- Contribute to client service delivery culture through adherence to approved organizational service delivery principles
- Prepare model and reminders for required activities by using available systems.
- Manage documentation by obtaining supporting and legal documents in formats required and lodge with securities, where applicable.

Job Details

Application Closing Date

04/09/24

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