Job Description

Empowering Africas tomorrow, togetherone story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary CIB CPF Middle Office is currently looking for a Deal Manager whose role will be day to day management of deal implementation, specifically product onboarding, and payments as well as loan lifecycle management for a portfolio of clients.This will include.

• Deal implementation and loan lifecycle management for a portfolio of property clients
• Review of reconciliations, month end procedures and review deal accuracy
• To partner with front office and support as part of the deal team to ensure effective deal implementation

Accountability: Business Management & General Control Execution (70%)

• Front office support: form part of deal team and participate in implementation as support to front office
• Contracts management: Ensure deal implementation in line with legal agreement. Ensure correct application of termination clauses including understanding unwinding/ restructuring costs.
• Client focus: where required liaise with clients working with front office and specialists teams eg Legal, Credit
• Financial modelling: ability to prepare sound financial models
• Funding: implementation and management of funding on deals
• Review of reconciliations, month end procedures
• Process Improvement: Analyse and identify gaps within processes to enhance efficiency and improve turnaround times and quality output
• Understand and manage risks and risk events (incidents) relevant to the role

Accountability: Stakeholder Management (20%)

• Develop and manage strong internal and external customers/stakeholder relationships to proactively anticipate, respond to and seek to exceed the expectations of internal customers and devise the best solutions for clients
• Active engagement and collaboration across the CPF value chain

Accountability: Projects/ Change (5%)

• Able to implement multiple projects and manage change

Accountability: People Management (5%)

• Management of a small team (0-3)

Education and Experience Required

• Preferably 5 to 10 years experience within the SA property market or Investment Banking loans middle office/transaction administration/documentation management/ product control experience
• Preferably 2-5 years ACBS system experience
• Commercial Degree preferable

Knowledge & Skills: (Maximum of 6)

• Understanding of the deal flow process and rationale behind procedures
• Loan product knowledge
• Good interpersonal skills and ability to communicate at all levels
• Performance orientated and client service driven
• Control mindset
• Strong ACBS system knowledge
• Ability to manage and develop a small team

EducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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