Where

Loans Manager - 3 Months Contract

Isilumko Staffing.
Johannesburg Full-day Full-time

Description:

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...


Additional Info:
6 to 10 years

Salary: RNegotiable

Job Reference #: 4270670936

31 Oct 2023;   from: gumtree.co.za

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