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Transactional Management Unit Specialist

Standard Bank Group
1 day ago
Full-time
On-site
Douglas, Douglas, Isle Of Man

Company Description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To implement and manage a range of complex Structured Corporate Loan transactions, within an asset class, with supervision, as intended by the loan agreement, in support of the IB business and Wholesale Clients

Qualifications

Minimum Qualification: 

  • Post Graduate Degree in Finance and Accounting

Experience Required :

  • Total number of years experience - 3-4 years
  • A track record adding value and delivering professional, client centric service to internal and /or external clients preferred
  • Experience working within Transaction Management in Financial Services supporting the Investment Banking business, demonstrating relevant knowledge of Investment Banking Debt Products, the financial instruments managed by Wholesale Clients TMU and the ability to interpret related legal agreements.

Key Outputs :

  • Actively monitor, identify, resolve or escalate operational issues relating to the deal throughout the life of each live transaction and regularly communicate with stakeholders in order to maintain appropriate positions and efficient operations, ensure the transaction terms and conditions are adhered to by the client and / or third parties, provide a high-quality service, and mitigate operational risk.
  • Consult stakeholders and provide relevant operational inputs and subject matter expertise regarding Structured Loan transaction operational requirements to cross-functional working groups, to ensure the effective operation of new product development and smooth activations.
  • Create vanilla and / or complex transactions on ACBS based on the salient features from the legal agreement to create an accounting record, enable the ongoing administration, monitoring and management of the facility and to facilitate ongoing reporting requirements.
  • Ensure all documentation for the assigned vanilla and / or complex transactions is stored appropriately internally, and housed on the DMS to enable transaction management and mitigate operational risk throughout the deal lifecycle.
  • Receive, review, understand, validate and advise on a range of complex Structured Corporate Loan transactions, within an asset class, with supervision and guidance where needed, to ensure the transaction being negotiated can be administered within Wholesale Clients existing operational capabilities with minimal manual intervention.

Additional Information

Behavioural Competencies:

  • Articulating Information
  • Team Working
  • Establishing Rapport
  • Examining Information
  • Managing Tasks

Technical Competencies:

  • Financial Accounting
  • Financial Statement Analysis
  • Legal Administration
  • Risk Awareness
  • Risk Identification

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