At a Glance
- Tasks: Manage complex Structured Corporate Loan transactions and ensure smooth operations.
- Company: Standard Bank Isle of Man, a leader in Corporate & Investment Banking.
- Benefits: Competitive salary and opportunities for professional growth.
- Other info: Isle of Man residents only; no relocation or sponsorship available.
- Why this job: Join a dynamic team and make a real impact in financial services.
- Qualifications: 5-7 years experience in Transaction Management and strong client service skills.
The predicted salary is between 60000 - 80000 £ per year.
Business Segment: Corporate & Investment Banking
Company: Standard Bank Isle of Man
NOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.
To independently implement and manage a range of complex Structured Corporate Loan transactions as intended by the loan agreement, in support of the IB business and Wholesale Clients clients.
Qualifications
- First Degree in Business Commerce
- 5 - 7 years experience
- 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, investigate, resolve and/or escalate complex 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.
- Collect and lodge all transaction collateral documentation (e.g. legal agreements, security agreements, share certificates) with the Collateral team for safe keeping and feed downstream calculations for capital management and credit risk mitigation.
- Coordinate with Legal, Credit and Collateral to approve and authorise various collateral (security) releases.
- Consult stakeholders, provide relevant operational expertise regarding complex Structured Loan transaction operational requirements into cross-functional enablement teams, provide approvals and participate in post product deployment reviews, to ensure the effective operation of new product development and smooth activations.
- Create 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.
- Know and understand the full scope of the transaction and components/drivers that go into the capital calculation, monitor and manage components under our control, facilitate queries between capital management, credit and consultants, represent any anomalies and support conversations around calculations.
Manager, Transaction Management Unit in Douglas employer: Standard Bank of South Africa Limited
Standard Bank Isle of Man is an exceptional employer, offering a dynamic work environment that fosters professional growth and development within the Corporate & Investment Banking sector. Employees benefit from a collaborative culture that prioritises client-centric service and operational excellence, while also enjoying the unique advantages of working in the Isle of Man, including a supportive community and a focus on work-life balance.
Contact Details:
Standard Bank of South Africa Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Transaction Management Unit in Douglas
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We think you need these skills to ace Manager, Transaction Management Unit in Douglas
Some tips for your application 🫡
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