Transaction Manager at Absa Group Limited (Absa)

Job Summary

• CIB IBD TM is currently looking for an experience Transaction Manager to represent the Absa Bank as Lender post deal implementation and to be responsible for the cradle to grave management of life cycle events within a portfolio of structured & vanilla Debt /Equity transactions.

Job Description

• Responsibility for managing a discrete portfolio of clients in debt finance transactions. The key responsibilities are as follows:
• Execute consents, amendment and waiver requests
• Transaction Manager to ensure that a solid understanding of loan agreements and deal structure is adopted and maintained
• Ensure client requests are clearly understood and impact thereto as part of request assessment
• Provide thorough summaries and motivations to credit when seeking credit approvals
• Proactive engagement with credit, legal, product and coverage teams in resolving clients requests
• Ensure that the required internal credit, product and legal approvals are received prior to communicating the banks approval to external clients and or Agent banks
• Effective communication to Agent banks and Clients on requests
• Alert internal teams on a need to know basis where these approvals may impact them e.g. Debt MO & Trading team where facility has been extended or re-priced. Critical to understand public vs private teams so that we know what information can be shared between teams.
• A point of reference for Loans Middle Office, Credit, Legal, IBD FO, Coverage, Portfolio and Agent Banks and Borrower including the production of required management information 
• Assist internal teams with adhoc requests pertaining to portfolio
• Assist in producing management reports for the Transaction Management portfolio
• Attendance of client site visits and lender meetings for the respective portfolio
• Accompany coverage and product bankers on external and internal client meetings and site visits
• Produce summary notes of meetings for internal team purposes
• Be an active participant in these meetings and proactively contribute to resolutions of issues hereto
• Ensuring clients adhere to their information and financial undertakings pursuant to the finance documents including a review of the information undertakings
• Ensure that the transaction mangers deal portfolio is reviewed for accuracy & completeness for all information and reporting obligations that should be captured on FLOW System or a similar IT tool for the business.
• Timeous requesting of information undertakings from clients and or Agent banks on syndicated deals and keeping Credit and Export Credit Agency appraised of status.
• Baring financial undertakings, all other information undertakings e.g. Lenders technical advisor & operator reports must be thoroughly reviewed and issues escalated to product or credit teams accordingly.
• Ongoing notifications to the trader / debt MO pertaining to margin ratchets
• Utilise the FLOW system to diarise margin ratchets.
• Google alerts to be created for deals where credit rating related pricing ratchets apply.
• Upon review of compliance certificate or rating alert, Transaction Manager to advise Trader of margin increase to the extent applicable.
• Proactive engagement with Trader to ensure there is a clear communication and understanding so that client loan requests are executed effectively.

Risk Management

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards Understand and manage risks and risk events (incidents) relevant to the role.

Communication 

• Proactive engagement with internal stakeholders pertaining to client’s requests or information received.
• Professional communication at all times with external clients.
• Technical Knowledge
• Personal & Interpersonal skills
• Commercial Effectiveness
• Management & Leadership
• Business skills
• Control Environment

Knowledge and Skills

• Because the nature of the environment is structured, every transaction is unique and an understanding of every deal is required.
• Legal agreements of the transactions and related transaction documentation.
• Understanding of financial markets and general business acumen
• Is adaptable to different environments, people and personalities.
• Computer literacy
• Planning and organizing
• A strong communicator that has the ability to influence stakeholders
• A good understanding of current economic environment including topical financial or credit matters
• A team player that contributes to increased efficiency within the business

Education

• Post graduate degree in Finance

Experience

• A solid understanding of Investment Banking debt products.
• 3 years of experience within Investment Banking preferably within structured debt products e.g. Asset Base Finance, Mezzanine debt etc
• A solid understanding of credit and loan documents is preferred.
• Previous transaction management experience specifically pertaining to executing waivers & amendments to debt transactions.

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

End Date: October 31, 2025