Transaction Manager

Fnbnamibia; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

FirstRand is seeking a Transaction Manager / Deal Manager to oversee the life cycle of transactions, mitigate operational risks, and ensure data integrity across systems. You will collaborate with traders, risk teams, and back-office staff to maintain accuracy and regulatory alignment.

The role requires strong expertise in loan structures, amortisation, and Excel models, with at least two years of relevant experience.

Qualifications

• Bachelor's Degree or equivalent
• BCom ideal
• 2+ years in a Transaction Manager/Deal Manager role or similar
• Strong technical grasp of Mark to Market and valuation of financial instruments
• Experience with loan structures and Excel deal models/amortisation schedules
• Ability to prioritise and manage many tasks
• Strong client and stakeholder relationship skills

Responsibilities

• Coordinate and participate in ad hoc projects
• Read and understand legal agreements to draw up amortisation schedules
• Derive payment amounts from legals and schedules
• Prepare client notifications and submit payments for approval
• Ensure regulatory requirements are fulfilled before draw down
• Perform deal management tasks in line with legal agreements
• Settle instruments on correct systems
• Clear reconciliation and exception items within SLA
• Respond to queries from internal and external stakeholders
• Prepare financial statements and regulator reports
• Review transaction data for discrepancies and data integrity
• Validate transactions are booked accurately per client instructions
• Identify inconsistencies and escalate issues
• Attend DCFs and comment on Legal Agreements to enable operationalisation
• Reconcile records across systems to ensure data consistency
• Share data quality insights with traders and risk managers
• Develop and monitor data quality metrics
• Identify process improvements for efficiency and client service
• Collaborate with legal, compliance, credit and operations teams
• Engage in ongoing training and knowledge sharing
• Build relationships with peers and stakeholders to boost productivity
• Participate in communities of practice and knowledge sharing

Job description

Job Description: 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.

Key Responsibilities

• 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.

Ideal Candidate

• Minimum Education: Bachelors Degree or equivalent.
• Ideally a BCom.
• Years of experience: Min 2 years in a Transaction Manager / Deal Manager role or similar.
• Strong technical grasp of Mark to Market and theoretical valuation of financial instruments, including derivatives and calculation of risk sensitivities as required.
• Have a strong grasp on loan structures, are familiar with booking loans, interpreting loan agreements and translating them into Excel deal models / amortisation schedules.
• Are able to prioritize, juggle many things all at once and great at taking initiative.
• Have a strong ability to build and maintain relationships with clients and stakeholder, enabling excellent client service.

You will have access to:

• Opportunities to network and collaborate
• Challenging work
• Opportunities to innovate

We 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
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
• Love putting our clients at the forefront of what you do

Are you interested to take the step? We look forward to engaging with you further.

Applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 09/09/26

All 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 fulfil 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.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services.

The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group's purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.