Loans Manager 3 Months Contract

Johannesburg, Gauteng, South Africa

Job Description


:We are seeking a dedicated and highly skilled Loans Manager to oversee a diverse range of vanilla and structured financial deals. In this role, you will be responsible for providing expert guidance, support, and oversight for all new deals, ensuring efficient processes, procedures, and systems. Your role is crucial in identifying trends and opportunities for improvement to optimize our financial operations.Key Responsibilities:Essential Functions:Address queries related to P&L, Margin, and other financial aspects to minimize potential losses, interest claims, and reputational damage.Manage facility extensions and restructures, ensuring accurate deal updates and rebooking.Build and maintain trusted relationships with internal stakeholders for the accurate booking and execution of Investment Banking (IB) loan and syndicated positions.Confirm fund receipt and settlement values, process loan settlements, and client refunds as required. Vet and authorize settlement figures for vanilla and structured transactions.Contribute to the development of standard operating procedures, working instructions, and policies to enhance compliance and governance.Engage in deactivating statement runs, updating loan statuses, and ensuring uninterrupted debit order processing. Write off exposure or implement restructuring strategies.Engage with clients to provide settlement figures, confirm cash in bank accounts, and support the resolution of outstanding unreconciled entries.Collaborate with clients, lenders, and 3rd party syndications to manage queries and facilitate the inward and outward flow of cash throughout the deal lifecycle.Follow up on outstanding settlements with clients and lenders, escalating unresolved matters for review or resolution. Attend relevant forums as required.Ensure funding positions align with Money Market trades and prepare manual dealing tickets for interdivisional foreign currency settlements.Independently manage allocated portfolios, managing subsequent drawdowns, margin variations, and prepayments/repayments, ensuring accurate data for the loan book.Investigate and resolve client, lender, and internal queries to prevent any P&L impact.Maintain a clear understanding of the IB deal life cycle, procedure changes, and risks to process loans accurately and interact with key stakeholders effectively.Provide input and support for new products to ensure operational feasibility and review their impact on existing processes.Provide oversight and support, booking initial loans for a portfolio of structured deals, ensuring accurate cash flows, margins, and maturity dates.Offer training and guidance to team members to resolve escalated issues and meet daily targets with high-quality standards.Release funds promptly into clients' and lenders' nominated bank accounts to ensure timely fund transfers.Review deal closing memos, set up deals/loans in alignment with legal agreements, and provide oversight and support for new or complex deals as required.Review, validate, analyze, and report on exceptions data to identify trends and provide insights for performance optimization and decision-making.Coordinate with Money Markets to ensure simultaneous trade cancellation, confirm breakage cost values, and prepare manual dealing tickets for interdivisional foreign currency settlements.Stay informed about market developments to guide process optimization and enhance the client experience.Vet and authorize settlement figures for all vanilla and structured transactions, ensuring accurate reconciliation of expected cash reconciliations.Qualifications and Requirements:

  • Bachelor's degree in Finance, Accounting, or related field.
  • Proven experience in financial administration, preferably in a similar portfolio management role.
  • Strong analytical and problem-solving skills.
  • Proficiency in financial software and systems.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with a focus on accuracy and compliance.
  • Ability to work effectively under pressure and meet tight deadlines.
  • Knowledge of financial regulations and industry best practices.
If you are a proactive, detail-oriented financial professional with a passion for managing complex portfolios and a desire to drive process improvements, we encourage you to apply for this exciting opportunity.

Isilumko Staffing

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Job Detail

  • Job Id
    JD1338156
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned