Transaction Management Quality Assurer at Rand Merchant Bank

• To play a crucial role in ensuring accurate deal booking and adherence to established processes within the organisation’s Transaction Management function. This role is pivotal in mitigating operational and reputational risk by validating the quality and accuracy of transaction data, ensuring alignment with regulatory requirements, and supporting effective risk management practices. 
• Collaborate with various stakeholders, including traders, risk management teams, and back-office processing functions, to uphold data integrity, streamline processes, and enhance the overall efficiency and accuracy of transaction management.

Are you someone who can:

• Ensure all transactions are booked accurately in line with client instructions and regulatory requirements to minimise booking errors and reduce operational risk.
• Conduct detailed reviews of transaction data to identify discrepancies, verify completeness, and ensure data integrity within transaction systems, thus supporting reliable financial reporting.
• Check that all transactions follow the appropriate processing steps and comply with the organisation’s operational standards, enhancing process efficiency and control.
• Validate that transactions meet applicable regulatory standards (e.g., FICA, Basel III), ensuring the organisation’s compliance and avoiding regulatory penalties.
• Identify and flag any inconsistencies or irregularities in transaction data, escalating issues promptly to mitigate financial and reputational risk.
• Assure that all relevant transaction documentation is complete, accurate, and stored per organisational policies, supporting accurate audit trails.
• Reconcile transaction records across different systems (e.g., trade capture and accounting) to confirm data consistency and integrity across platforms.
• Monitor and test data feeds to ensure automated processes are functioning correctly, improving system reliability and reducing the need for manual intervention.
• Track recurring data quality issues, compiles detailed reports, and collaborates with IT and business teams to implement corrective measures, enhancing system robustness.
• Participate in projects aimed at improving transaction management processes, focusing on automation, accuracy, and efficiency to enhance data quality standards.
• Communicate transaction data quality insights to internal stakeholders, including traders and risk managers, ensuring transparency and promoting proactive issue resolution.
• Become involved in testing system upgrades or new transaction management tools to confirm they meet quality and accuracy standards before deployment.
• Develop and monitor key metrics for data quality within the transaction management function, ensuring consistent and quantifiable improvement.
• Provide training and guidance to junior team members or new hires on data quality standards and best practices, fostering a culture of accuracy and accountability.
• Prepare detailed records and documentation in anticipation of audits, ensuring transparency and accuracy in line with internal and external audit requirements.
• Work effectively with team members across departments, fostering a collaborative environment to support transaction accuracy and data quality objectives.
• Actively promote a risk-aware culture by adhering to risk management policies and contributing to initiatives aimed at mitigating data-related risks.
• Seek opportunities to enhance transaction management processes through innovation, continuously improving data quality and system efficiency.
• Take personal accountability for the quality and accuracy of work outputs, demonstrating attention to detail and commitment to high-quality results.
• Adheres strictly to the organisation’s ethical standards, ensuring that all work complies with legal and regulatory guidelines to protect the bank’s integrity and reputation.

You will be an ideal candidate if you have:

• Minimum: Bachelor’s Degree in Finance, Accounting, Business, or a related field.
• 5 to 8 years’ experience in a similar environment, of which 2 to 3 years ideally at specialist level.
• Familiarity with corporate and investment banking products, systems, and processes, specifically trade capture and reconciliation.
• Proficient in using transaction management and reconciliation systems (e.g., Calypso, Murex, or similar platforms).
• Knowledge of regulatory requirements (e.g., Basel III, FICA) as they relate to transaction accuracy and data integrity.
• Understanding of risk management frameworks and their application within transaction management functions to support risk mitigation efforts.

Deadline:2nd March,2026