Transaction Manager
Financial Services, Banking
Minimum Requirements
- 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.
Responsibilities
- Conduct detailed reviews of transaction data to identify discrepancies, verify completeness, and ensure data integrity within transaction systems, thus supporting reliable financial reporting.
- Identify and flags any inconsistencies or irregularities in transaction data, escalating issues promptly to mitigate financial and reputational risk.
- Identify and implement process improvements to enhance efficiency, accuracy, and client service in transaction management data quality, contributing to operational excellence.
