Dcm Operations Transaction Manager

Investec; Gauteng; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading financial services institution in Gauteng is seeking a qualified accountant experienced in securitisation and debt origination. The role involves project managing re-financings, executing legal agreements, and engaging with various stakeholders to monitor transactions and ensure compliance. Ideal candidates should have strong Excel skills and a detail-oriented nature, contributing to a culture of innovation and diversity.

Qualifications

• Proven application of advanced Excel skills, with VBA as an added advantage.
• Ability to drive change and innovate in existing procedures.
• Experience in securitisation or debt origination is a plus.

Responsibilities

• Execution of operational aspects of legal agreements for allocated transactions.
• Project management of re-financing processes and engagements with stakeholders.
• Data analysis, preparation of reports, and compliance with regulations.

Skills

Qualified accountant, CA(SA)

Coding and/or robotics experience

Advanced Excel skills

Stakeholder management

Detail-oriented

Job description

Description

New transactions / re-financing

Implementation of new transactions : working closely with various teams across the bank , front office structurers and arrangers, the appointed attorneys, rating agency, and JSE

Data collation and preparation of scenarios on new and existing deals, while taking into consideration various criteria and variations required within the required timelines

Scrutinise existing / new data sets for completeness and reasonability

Data analysis, rating agent liaison, and assistance with preparation of roadshow presentations

Execution of the operational aspects of the legal agreements with regards to all relevant processes associated with the deal.

Clarification of interpretations where required

Project managing the process of re-financing of term notes and / or tap issues, in conjunction with the arrangers and servicing team

Working proactively with the relevant teams with the timelines agreed, to provide clear and concise information / feedback

Automation of various functions / analysis calculations / processes

Maintenance of existing transactions

End-to-end ownership of allocated transactions which includes engaging with all internal and external stakeholders, understanding the economics of the transaction, legal structure, regulations, monitoring of portfolio covenants and triggers, cashflows, hedging, expenses, accounting, capital treatment, liquidity management, reporting and timeous filing

Engagement with the internal and external stakeholder which includes but is not limited to : Servicer Liaison team, accountant, IEB, risk, swaps desk, arrangers, distribution team, SPV directors / trustees, rating agents, investors, auditors, company secretarial

Economics: asset yields, funding rates, swap rates, expenses, credit enhancement, excess spread, monitoring trends

Legal structure: Knowledge of legal set-up, events, triggers, and implications.

Regulations: Compliance with securitisation and / or commercial paper regulations

Portfolio covenants and triggers : Calculating and reporting as well as monitoring trends and advising on the corrective action to be taken

Cash flows : set up of bank accounts, analysis of excess spread, calculating cash flow waterfalls and preparing payment instructions, following up on payments made, monitoring of the movements on the bank accounts

Hedging : Monitoring interest rate swaps, rolling and settlement

Expenses : Accrual management and expense control of trustee fees, rating agency fees, auditor fees, listing fees etc

Accounting : Reviewing monthly management accounts and preparing annual financial statements for allocated SPV's

Capital treatment : Periodic calculation of on- and off-balance sheet regulatory capital

Liquidity management : Facility renewal legal process, providing information to facility providers, monitoring of liquidity levels, fee calculation and payment

Reporting : Preparing internal and external investor reports, servicer reports,rating agent pool data reports, SARB submissions

Experience, skills and capability

Qualified accountant, CA(SA) preferred

Coding and / or robotics experience an advantage

Relevant securitisation or debt origination experience an added advantage

Proven application of advanced Excel skills (with VB an added advantage)

Proven ability to drive change and innovate

Ability to improve existing procedures / process

Stakeholder management and team player qualities

Methodical and detail-oriented, produce high quality output

Investec Culture

At Investec we look for intelligent, energetic people filled with passion, integrity and curiosity.

We value individuals who in turn value our culture that is, a flexible attitude comfortable to live with ambiguity and willing to challenge the status quo.

Diversity, talent and leadership are respected in pursuit of the growth of our business.

People who can manage themselves and build strong relationships in order to get things done, will perform in out of the ordinary ways in our environment.

We are committed to diversity and inclusion when recruiting internally and externally.

#J-

• Ljbffr