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  • Posted: May 27, 2021
    Deadline: Not specified
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  • Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. The Group is one of A...
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    Transaction Manager

    Job Summary

    Responsibility for managing a discrete portfolio of clients spanning the full range of corporate, leveraged, structured asset, preference shares and project finance transactions. The key responsibilities are as follows:
    Job Description

    • Transaction Manager to ensure that they possess & maintain a solid understanding of the loan agreements and deal structure
    • Ensure client requests are clearly understood and impact thereto as part of request assessment
    • Provide thorough summaries and motivations to credit when seeking credit approvals
    • Proactive engagement with credit, legal, product and coverage teams in resolving clients requests as appropriate
    • Coordination of all life cycle events (not limited to draw, breakage, rate notification, cash breaks, etc)
    • Assist internal teams with adhoc requests pertaining to portfolio

    Education

    • Post graduate degree in Finance or Law

    Experience

    • Understanding of Investment Banking products
    • 5 years of experience in the Investment Banking preferably within structured debt products e.g. Project Finance
    • A good understanding of Financial Services
    • A solid understanding of credit and loan documents is preferred
    • Previous transaction management experience specifically pertaining to executing waivers & amendments to structured debt transactions.

    Education

    • Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

    Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

    Absa Bank Limited reserves the right not to make an appointment to the post as advertised

    Method of Application

    Interested and qualified? Go to Absa on absa.wd3.myworkdayjobs.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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