Transactor Job in Johannesburg
Job Description
Transactor Job. Transactor plays an integral role within the financial sector, serving as a liaison between financial institutions and their clients. With a keen eye for detail and a thorough understanding of financial transactions, the Transactor ensures seamless and accurate processing of various financial activities, ranging from deposits and withdrawals to transfers and reconciliations. Their expertise lies in navigating complex financial systems, adhering to regulatory guidelines, and providing exceptional customer service.
Responsibilities of Transactor Job
- To originate, source, structure, and manage a portfolio of investment banking clients from implementation through to termination.
- Ensure that the defined client transactional requirements reflected in the relevant approvals and legal agreements are implemented and adhered to.
- To develop client relations through originating, structuring, and executing deals, compiling proposals as well as overseeing the transaction.
- To directly participate in deal origination and structuring processes.
- Participate in deal implementation processes in the allocated sector/product to enable improved profitability, market share, and competitive positioning.
Requirements
- Manage and maintain the transaction by complying with internal procedures.
- Achieve sales targets in line with performance scorecards and achieve an acceptable cost-of-sales ratio through pipeline management and sales quality.
- Identify opportunities to increase sales revenue and grow the organizational client base while containing costs
- Develop tactical strategies for retaining or signing an unbanked customer base with a view to improving and increasing profitability.
- Drive the maximizing of cross-selling opportunities where possible and in consultation with more experienced Transactors.
- Achieve expected financial targets and uphold associated service levels.
- Provide a professional service to stakeholders by ensuring that transactions are managed and accounted for in accordance with legal agreements, and relevant legislation and that deal activities are executed by following agreed business process.
- Preparation and analysis of various financial reports required in the preparation of the insights required for client strategies.
- Interface with CIB Finance on monthly management accounts and resolve queries raised by the front line.
- Feedback results to the Equity team monthly at team meetings.
- Respond to queries from stakeholders by understanding their requirements and providing information timeously.
- Provide quality service delivery by understanding and being proactive and evidencing a good understanding of the transaction.
- Contribute to client service delivery culture through adherence to approved organizational service delivery principles
- Prepare a 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.
Education
- Understand financial transactions and their implications.
- Familiarize oneself with banking systems and procedures.
- Learn regulatory guidelines and compliance requirements.
- Develop strong attention to detail.
- Hone communication skills for client interactions.
- Gain proficiency in reconciling accounts and resolving discrepancies.
- Stay updated on industry trends and developments.
- Acquire knowledge of risk management principles.
- Learn to work efficiently within a team environment.
- Adapt to evolving technology and software used in financial transactions.
