Team Manager: PF Listed Portfolio

Closing Date

20 February 2023

Job Purpose

To manage a team of Deal Administrators and to mitigate risk by managing structured loan transactions for Property Finance Listed clients in accordance with relevant approvals and transaction documents from implementation to termination and so contribute to the achievement of the strategic priorities of Nedbank

Job Responsibilities

• Understand and manage financial aspect of transactions through understanding and adherence to Legal agreements and all applicable regulatory aspects (Excon, IFRS, Debt Listing Requirements, , CP Regulations, FICA), to prepare financial activities required on the transaction (e.g. Managing cashflows, Interest rate resets, Diarising, Payments, draws, invoices, etc.) required.
• Ensure that all transactions are performed according to agreed standards and within prescribed timelines. Where relevant, ensure that staff and resource plans are in place and work is allocated with clear accountability. Ensure that deals are implemented in line with transaction documents and are managed and reported accurately. Continually improve controls by identifying obstacles to performance and efficiency and by developing better, alternative processes.
• Adhere to internal controls and procedures to alleviate risk and prevent losses by following internal procedures and agreed processes to effect financial management (prepare cash flows, obtain signatures, sending instructions to various departments).
• Provide input during legal drafting processes, implement and manage transactions in accordance with legal and regulatory requirements and ensure full understanding of the transactions. Prepare model and reminders for required activities by using available systems.
• Manage documentation by obtaining supporting and legal documents in formats required and lodge with securities where applicable.
• Manage and maintain the transaction by complying with internal procedures and agreed processes to effect management (prepare cash flows, obtain signatures, sending instructions to various departments), apply knowledge of Excon, FICA, Tax, Accounting, Debt Listing Requirements, Conveyancing processes, CP Regulations to transaction where applicable - in implementing and managing the transaction.
• Manage performance of staff by implementing performance agreements and ensuring a clear vision.
• Build collaborative relationships with internal and external stakeholders and suppliers.
• Encourage the team to generate innovative ideas and share knowledge. Mentor and coach staff on identified performance gaps. Motivate staff to perform and contribute to the success of the business by creating an environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
• Maintain a high performing team and ensure an environment for optimal performance is created by identifying talent pool through conducting career conversations, using the talent grid principles and developing talent retention programmes.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys, etc)
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

LLB/ BCom Degree in Finance/Accounting

Minimum Experience Level

5 - 7 years deal management experience within Corporate Investment Banking., Property Finance transaction experience is advantageous.

Technical / Professional Knowledge

• Budgeting
• Business administration and management
• Business principles
• Business terms and definitions
• Change management
• Client service management
• Client service principles
• Communication Strategies
• Consumer behaviour
• Diversity management
• Employee training/development
• Financial Accounting Principles
• Governance, Risk and Controls
• Operations planning
• Organisational systems
• Principles of project management
• Relevant regulatory knowledge
• Service level agreements
• Staff resource planning
• Strategic planning
• Business writing skills

Behavioural Competencies

• Aligning Performance for Success
• Building Partnerships
• Communication
• Influencing
• Guiding Team Success
• Driving for Results

Employment Equity Statement

Preference will be given to individuals from underrepresented groups.

Please contact the Nedbank Recruiting Team at +27 860 555 566