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United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
To manage the life cycle of a transaction and mitigate associated operational risks
Mitigate operational and reputational risk by ensuring 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:
Coordinate and participate in any ad hoc project as required.Read and understand legal agreements in order to draw up an amortisation schedule and book deals.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 draw down 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.Conduct detailed reviews of transaction data to identify discrepancies, verify completeness, and ensure data integrity within transaction systems, thus supporting reliable financial reporting.Validate that all transactions are booked accurately and in line with client instructions and regulatory requirements to minimise booking errors and reduce operational risk.Identify and flags any inconsistencies or irregularities in transaction data, escalating issues promptly to mitigate financial and reputational risk.Attend DCF's for all new deals and comment on Legal Agreements and ensure that the legal agreements can be operationalised.Reconcile transaction records across different systems to confirm data consistency and integrity across platforms.Communicate transaction data quality insights to internal stakeholders, including traders and risk managers, ensuring transparency and promoting proactive issue resolution.Develop and monitor key metrics for data quality within the transaction management function, ensuring consistent and quantifiable improvement.Identify and implement process improvements to enhance efficiency, accuracy, and client service in transaction management data quality, contributing to operational excellence.Collaborate with internal teams i.e., legal, compliance, credit, and operations to ensure cohesive and efficient transaction management.Engage in ongoing training and development activities to build expertise in transaction management.Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement.You Will Be An Ideal Candidate If You:
5 years' experience within the infrastructure product knowledge5 years' experience within infrastructure environmentBCom Finance / Commercial qualificationYou Will Have Access To:
Opportunities to network and collaborateChallenging WorkingOpportunities to innovateWe Can Be a Match If You Are
Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough toObsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do itAre you interested to take the step? We look forward to engaging with you further. Apply now!
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Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
25/03/25All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.