At a Glance
- Tasks: Manage complex Structured Corporate Loan transactions and ensure smooth operations.
- Company: Join Standard Bank Isle of Man, a leader in Corporate & Investment Banking.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for growth and learning.
- Why this job: Make an impact in the financial sector while developing your career in investment banking.
- Qualifications: Degree in Business Commerce and 5-7 years in Operations required.
The predicted salary is between 59400 - 72600 £ per year.
Business Segment: Corporate & Investment Banking
Company: Standard Bank Isle of Man
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 in Operations
- 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 escape 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.
- Coordinate and inform stakeholders of the transaction close out when it reaches maturity, to ensure stakeholders are aligned, Wholesale Clients records are reliable and valid, and the capital management process is well supported. Where applicable, provide instructions to release all required collateral.
- 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.
Transaction Management Unit Manager x2 in Douglas employer: Standard Bank of South Africa Limited
At Standard Bank Group, we pride ourselves on being an excellent employer that fosters a culture of diversity, equity, and inclusion. As a Data Integration Analyst, you will benefit from a collaborative work environment that encourages professional growth and innovation, while also having the opportunity to make a meaningful impact on our data management practices. Our commitment to employee development and community representation ensures that you will thrive in your role and contribute to a forward-thinking organisation.
Contact Details:
Standard Bank of South Africa Limited Recruitment Team
