Transaction Manager
2 months ago
Isilumko Staffing (JHB) is seeking a skilled Transaction Manager to join our team. As a key member of our organization, you will play a crucial role in coordinating the end-to-end deal life cycle of syndicated investment banking products.
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.
- 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.
- Undergraduate degree in Commerce, Business Science, or equivalent.
- FAIS compliance preferred.
- Experience in Transaction Management, Agency, or equivalent Middle Office environment.
- Background in Finance, Internal Audit, Credit Management, or relevant banking experience is advantageous.
- Strong financial and numerical skills.
- Proficient in risk management and project management.
- Computer literacy with the ability to interpret legal documents.
- 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.
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