Manager: Advisory Middle Office at Nedbank

Job Purpose

To manage a portfolio of transactions and structured entities from implementation through to termination and to ensure that the defined requirements reflected in the relevant approvals, transaction documentation, applicable legislation and legal agreements are implemented and adhered to. To provide middle office support to the Head: IB Advisory and the related Advisory team.

Job Responsibilities

Manage Financial & Business Results

• Managing and running the structured CSI and ESD entities set-up by the Investment Banking Advisory team, ensuring adherence to timely reporting, preparation of financial statements and tax returns, relevant legislation (e.g. B-BBEE Act, Companies Act, Tax Act, IFRS), etc.
• Managing and running the financial transactions housed within the structured entities, including managing the financial aspects of transactions through understanding and adherence to Legal agreements and all applicable regulatory aspects (Companies Act, Tax Act, IFRS, FICA, Bank’s Act, etc) and preparing the financial activities required on the transaction (e.g. Diary reminders, payments, drawdowns, invoices, reconciliations, resolutions, etc).
• Preparation of various financial reports required to analyse and track data.
• Interface with CIB Finance and Advisory Manco on monthly management and financial reports and resolve queries raised. Feedback results to Advisory Manco.
• 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).

Manage Stakeholder Relationships

• Develop trusting relationship with the Head: Investment Banking Advisory and related Advisory team members, through consistent and timeous communication and support.
• Build trusting relationships with other 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 transactions and structures.

Manage Internal Processes

• Provide input during legal drafting processes, implement and manage structured entities and transactions in accordance with legal and regulatory requirements and ensure full understanding of structures/transactions.
• Prepare models and reminders for required activities, using available systems.
• Manage documentation by obtaining supporting and legal documents in formats required.
• Manage and maintain structured entities/transactions by complying with internal procedures and agreed processes, apply knowledge of

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Professional Qualifications/Honour’s Degree

Preferred Qualification

CA(SA)