Transaction Manager at RMB - Rand Merchant Bank

Job Description

• To manage the end- to-end operations of off-balance sheet special purpose vehicles (SPVs) and mitigate associated operational risks.
• Read and understand legal agreements in order to draw up an amortisation schedule and book deals. 
• Manage issuance and settlements of listed and unlisted bonds in accordance with Strate and JSE requirements.
• Prepare financial analysis on the performance of the SPV’s and present results at the board and audit committee meetings.
• Prepare SPV management accounts and/or trial balances.
• Sound knowledge of SA Income Tax and VAT Act.
• Coordinate and participate in any ad hoc project as required.
• Derive payment amounts from the legals and amortisation schedule. 
• Prepare notification to clients and submit payments to team leader for approval.
• Ensure all legal requirements are fulfilled before drawdown can occur.
• Ensure all ongoing deal management tasks are performed in line with the legal agreements.
• Settle all instruments on the correct systems.
• Clear reconciliation and exception report items within SLA timeframes.
• Respond to queries from internal and external stakeholders.
• Prepare financial statements, investor reports and other reports required by the regulators.
• Continually look for ways to enhance efficiencies.
• Demonstrate pride in the organization’s brand services and products by consistently delivering on the brands promise.
• Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained.
• Stay relevant and up to date with legislations and new development.
• Maintain a positive attitude and respond openly to feedback.
• Handle stress in ways that do not negatively impact others.
• Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed timeframes and according to quality standards.
• Take ownership of personal career development leveraging formal and informal opportunities
• Read situations and organisational realities.
• Set aside personal agenda for the greater good.
• Act in an ethical transparent and morally defensible manner including highlighting unethical practices.
• Continually share debate and communicate learnings.
• Flag and debate issues constructively.

Qualifications and Experience:

• CA (SA) or equivalent.
• Post graduate qualification will be beneficial.
• 2 – 5 years post articles relevant experience across a CIB environment.
• Competences:
• Problem Solving
• Analysis and Attention to Detail
• Drive for Results
• Conceptual / Big Picture Thinking
• Building Relationships / Partnering
• Influencing and Impact
• Business Insight and Risk Awareness
• Anticipating and Managing Change
• Commercial and Financial Acumen
• Planning and Organising
• Monitoring and Measuring