Agency Transaction Manager - Krugersdorp
Mindworx Consulting
Reference: JNB007774-KN-1The role of the Agency TM is to co-ordinate the end-to-end deal life cycle of syndicated company Investment Banking originated products as well as any third party originated transactions to which company Agency has been assigned as the Facility Agent, focussing on facility origination post financial close, ongoing facility management in terms of the underlying legal agreements and document management on the bank’s syndication platform (currently Debt Domain). The Agency TM role includes the following key responsibilities: Once draft legal agreements become available, ensure that the transaction being negotiated can be facilitated on the bank’s systems with minimal manual intervention and can be administered within the bank’s existing operational capabilities Ensure that the client is loaded onto ACBS. If not, once KYC has been obtained, send instructions to the Ops Ref Data team to upload client onto ACBS. After thorough perusal of the transaction Finance Documents, originate all facilities on ACBS at Financial Close or at document signature date (where applicable) and ensure that the transaction on ACBS reflects the transaction structure as per the legal agreements including the following (where applicable): Fee Accrual schedules. ACBS Covenant Reminders, if applicable; Lenders/Investors and their associated participation amounts SSI are obtained and sent to IBOPS for capture on ACBS Ensure that all Project Accounts are opened as per the Account Bank agreement with the appropriate account signatories Lender controlled accounts should have Agency team members as the signatories; and Ensure that access is correct for clients loaded on the Business online Agency Profile For all new deals and refinances/extensions of existing deals and any secondary distributions, ensure receipt of copies of all Legal Agreements; CP documents (including CS’s where applicable), and Authority Sought and upload these onto Debt Domain Provide a comprehensive handover of all new deals as well as amendments/refinances/extensions of existing deals to the Loans Admin team Key Performance Measure All deals originated are managed effectively within our current operating capabilities in line with legal, regulatory and compliance requirements. With the maximum use of our loan system. Agency fees invoiced and recovered for the full portfolio managed. Number of findings reported via the governance process review on deals managed that is not in line with the operating model. Number of Operational Risk Incidences reported on deals managed. Where requested, number of instances where system testing, or input is required into projects requiring the assistance of TMU is not provided or adequately Living the PACT Values and adapting the behaviours. Successful maintenance of relationships with all key stakeholders, keeping the client at the heart of everything we do. Continually growing as an individual and improving overall performance. Internal and external relationships Clients Internal and External Legal Advisors Lenders Technical Advisors Loans Administration Team Compliance Front Office Agency Product Control Exchange Control Department Internal Auditors Information Technology Qualifications Undergraduate degree in Commerce, Business Science or equivalent tertiary education. Experience Experience within a Transaction Management, Agency or equivalent Middle Office environment Experience within a Finance Team Experience within an Internal Audit team Experience as a Credit Manager Completion of Articles with a bank or auditing firm. Technical competencies Financial and numerical skills Risk Management Project Management Computer Literacy Ability to understand and interpret legal documents
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