Senior Transactor: Working Capital at Nedbank

Job Purpose
To grow the Transactional Services franchise by providing Working Capital  solutions to clients by identifying, originating, assessing and developing deal flow through relationships (existing and to be developed) to assist clients in managing their short-term cash flow requirements. Responsible for the assessment of transactions including credit risk, pricing, legal, and financial modelling as well as for the negotiation and execution of transactions

Job Responsibilities

• The identification of cross sell into other areas with Nedbank, specifically non risk based products, is imperative.
• Ensure appropriate involvement and contribution to credit assessments by providing input into the presentation to credit committee.
• Contribute towards the successful implementation of working capital structures and pricing solutions while ensuring bank’s return metrics are met.
• Ensure accuracy and validity of client information by interrogating assumptions and commerciality of information provided.
• Maintain competency through keeping up to date with industry trends and legislation.
• Ensure effective time management, thus ensuring excellent service to both external and internal stakeholders.
• Build trust and strong relationships both internally and externally through delivery of good quality work outputs..
• Developing and using collaborative relationships to facilitate the accomplishment of work goals through strong communication channels.
• Focus on innovative client solutions and problem solving by showing initiative, creative thinking and drawing from previous experience.
• Ensure compliance with internal processes through developing an understanding of agreed procedures and timeous completion of required compliance training.

People Specification

• Essential Qualifications - NQF Level
• Matric / Grade 12 / National Senior Certificate
• Professional Qualifications/Honour’s Degree
• Preferred Qualification
• B.Comm Honours (Accounting, Business Economics, Economics)
• MBA / CA (SA) / CFA will be advantageous.

Minimum Experience Level

• Minimum of 5 years’ working capital related experience.
• 3-5 years Credit experience preferable
• A successful sales track record

Type of Exposure

• Formulating and implementing communication strategies to cascade functional strategies
• Conducting benchmarking exercise to investigate improvement opportunities
• Developing a stakeholder management grid for the business
• Developing resource plans to execute functional strategies
• Networking and building relationships
• Developing a client service delivery plan
• Establishing and maintaining collaborative relationships with peers / subordinates / managers
• Achieved Business Results

Technical / Professional Knowledge

• Business terms and definitions
• Financial Accounting Principles
• Governance, Risk and Controls
• Nedbank policies and procedures
• Relevant regulatory knowledge
• Management information and reporting principles, tools and mechanisms
• Human Resource Policies And Practices
• Banking knowledge
• Banking procedures
• Business Acumen
• Communication & Presentation skills
• Data analysis
• Decision-making process
• Industry trends

Behavioural Competencies

• Initiating Action
• High-Impact Communication
• Driving Successful Customer Engagements
• Aligning and Executing Sales Strategy
• Work Standards