Transaction Manager

1 month ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

Job Title: Transaction Manager

Job Summary: We are seeking a highly skilled Transaction Manager to join our team at Isilumko Staffing. As a key member of our operations team, you will be responsible for 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.

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 organisational 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.

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