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Sanlam Group

Transaction Management: Deal Specialist

Johannesburg, Gauteng, ZA
INTERN

Company: Sanlam Group

Category: Business and Financial Operations Occupations

Published on 2022-05-08 05:40

Who are we? Sanlam Specialised Finance (SanFin) is responsible for creation of shared value for Sanlam, its shareholders, policy holders, and societies with in which it operates by managing financial risk, developing financial products, and balance sheet optimisation, pursuing investments and financing opportunities in assets, sectors, markets, organisations, and geographies that enable maximum return within acceptable risk parameters.What will you do?Under direct supervision, provides key operational/financial for functional groups in an investment banking environment. Responsible for providing the interface support between the back office and the dealers/traders. Support includes performance of a wide variety of specialised operational accounting functions involving compiling and arranging data, making computations, laying out and preparing reports, processing and coding documents and maintaining specialised and comprehensive records and filing. Sets up and prepares statistical reports. Resolves discrepancies and may communicate with a variety of administrative and professional employees within and outside the company. Responsible for operational compliance within the Middle Office. Responsible for ensuring operational compliance on transactions.What will make you successful in this role?Deal modelling based on legal and other relevant documentation.Booking of deals/transactions in the product system based on the modelling.Preparing deal cash flow and executing the pay away process.Reconciling models to the product system and clearing all reconciling items or issues related to the deals.Liaising with clients, facility agents, financial institutions, dealmakers, advisors and various stakeholders on deal related information.Maintaining and monitoring all deal related events and executing accordingly.Performing daily/monthly reconciliations and clearing all related reconciling items in respect of our international credit business.Assisting in any regulatory and audit related processes.Assisting in adhoc projects.Assist in the key process documentation, where necessary.Other CompetenciesBCom (Hons) or other suitable tertiary qualificationMurex experience will be an advantageExposure to local and offshore debt and equity structured finance and derivatives an advantageKnowledge of financial markets instrumentsUnderstanding of the valuation of financial instrumentsFinancial modelling skills/sound numerical skillsAbility to read and understand contracts, opinions and applicable legislation relevant to the business unitsComputer literacy: MS Word and Excel (Advanced level)Attention to detail and organised approachAbility to operate and think independentlyAbility to perform under pressureResponsiveAccessibleStrong written and verbal communication skillsTeam orientedQualification and ExperienceDiploma or Degree with 3 to 5 years related experience.Knowledge and SkillsReporting on dealer activities and transactionsInvestment Industry Knowledge with a specific focus as dealerReporting and AdministrationReconciliations and query resolutionCompliance and Risk Management monitoringPersonal AttributesInterpersonal savvy - Contributing independentlyDecision quality - Contributing independentlyPlans and aligns - Contributing independentlyOptimises work processes - Contributing independentlyBuild a successful career with usWere all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.Core CompetenciesCultivates innovation - Contributing independentlyCustomer focus - Contributing independentlyDrives results - Contributing independentlyCollaborates - Contributing independentlyBeing resilient - Contributing independentlyTurnaround timeThe shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. Our commitment to transformationThe Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.

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