FirstRand Corporate Centre

Transaction Manager

FirstRand Corporate Centre  •  Johannesburg, ZA (Onsite)  •  1 hour ago
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Job Description

Hello Future Transaction Manager!

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
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 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

The role entails managing 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 the ideal candidate if you have:

  • Bachelor’s Degree in Finance, Business Administration, Economics, or related field.
  • Minimum 4 years’ experience in a middle office TM operations environment or equivalent
  • Experience with transaction management software and related tools.
  • Knowledge of regulatory requirements in Corporate and Investment Banking.

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Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

21/07/26

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 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.

FirstRand Corporate Centre

About FirstRand Corporate Centre

The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The Corporate Centre’s stakeholders are external, such as regulators, shareholders, global developmental institutions and government; and also internal, mainly the market-leading businesses that service the group’s customers. These critical functions cover risk, compliance, governance, internal audit, treasury, finance and tax amongst many others. They require deep specialist and technical skills and ultimately represent the custodianship of the FirstRand group’s licence to operate.

Employees of the Corporate Centre develop a very unique perspective of the group because nowhere else can you own or be part of a mandate that operates across the portfolio. This allows for both big picture thinking and operational learning. It is also a great place to drive collaboration and a place to have a significant impact.

The Corporate Centre has adopted a blended approach to working, with a focus on balancing remote working and connections with colleagues in the workplace. Face-to-face interactions remain important to its way of working as these connections protect the business’s social capital, which is key to ensuring that FirstRand’s unique culture stays alive and continues to thrive.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Sandton, ZA
Year Founded
Unknown
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