Job Description

Hello Future Transactor,

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 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who can:

Manage and maintain the transaction by complying with internal procedures and agreed processes to effect management (prepare cash flows, obtain signatures, sending instructions to various departments), apply knowledge of Companies Act, Excon, FICA, Tax, Accounting to transaction where applicable, in implementing and managing the transaction.

Achieve sales targets in line with performance scorecards and achieve an acceptable cost of sales ratio through pipeline  managements and sales quality. Identify opportunities to increase sales revenue and to grow the organizational client base while containing costs

Develop tactical strategies with retaining or signing unbanked customer base with a view to improve and increasing profitability.

Maintain specialized knowledge on all FirstRand approved products, application procedure, fulfilment processes and timelines  to drive and achieve relevant sales targets.

Drive the maximizing of cross-selling opportunities where possible and in consultation with more experienced Transactors.

Directly inform the client inputs during legal drafting processes, implement and manage transactions in accordance with legal and regulatory requirements and ensure full understanding of transaction.

Achieve expected financial targets and uphold associated service levels

Provide a professional service to stakeholders by ensuring that transactions are managed and accounted for in accordance with legal agreements, relevant legislation and that deal activities are executed by following agreed business process.

Understand and manage financial aspects of transactions through understanding and adherence to Legal agreements and all  applicable regulatory aspects (Companies Act, Excon, IFRS, FICA, Bank’s Act, etc.), to prepare financial activities required on the transaction (e.g. Diary reminders, payments, drawdowns, invoices, etc.).

Adhere to internal controls and procedures to alleviate risk and prevent losses by following internal procedures and agreed  processes to effect financial management (prepare cash flows, obtain signatures, sending instructions to various  departments, etc.).

Identify and understand potential risks which may lead to increased costs and collaborate with relevant stakeholders on risk mitigation strategies

 

You Will Be An Ideal Candidate If You:

Have a Post Graduate Diploma or an Honours Degree in Finance or Economics or Business Science or Accounting or a CA (SA) with a CFA

Preferred: Masters Degree in Finance or Economics or Business Science or Accounting OR a CA (SA) with a CFA OR an MBA

5 to 8 years as a Transactor in an Investment Bank

Have 3 to 5 years' experience of handling a transaction or a DCM transaction or a trading transaction end-to-end with moderate to high complexity

Have demonstrated DCM, business strategy and debt structuring skills, with ability to manage complex transactions and conduct negotiations

Have a proven track record working with a variety of credit products and/or industries, with experience implementing credit policies and remedial management processes

Have a thorough understanding of the risk profile, structure and governing documentation for various credit and investment banking products

You Will Have Access To:

Opportunities to network and collaborate

Challenging Working

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 to

Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it

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

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Job Details

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

06/02/25

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.