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FIFirstrand logo

Firstrand

1 Merchant Place

Transaction Manager.

FINANCE & LEGAL
Job Description To support in the execution of and management of financial transactions adhering to regulatory compliance and defined policies and procedures. To play a crucial role in ensuring accurate deal booking and adherence to established processes within the organisation’s Transaction Management function. Mitigate operational and reputational risk by validating the quality and accuracy of transaction data, ensuring alignment with regulatory requirements, and supporting effective risk management practices. To collaborate with various stakeholders, including traders, risk management teams, and back-office processing functions, to uphold data integrity, streamline processes, and enhance the overall efficiency and accuracy of transaction management. Conduct detailed reviews of transaction data to identify discrepancies, verify completeness, and ensure data integrity within transaction systems, thus supporting reliable financial reporting. Engage in the due diligence process by compiling the necessary documentation and liaising with relevant advisors. Act as a key point of contact, addressing inquiries, providing updates, and ensuring a high level of service throughout the transaction process to maintain client satisfaction and trust. Monitor and ensure all transactions adhere to internal policies and external regulatory requirements, including KYC (Know Your Customer) and AML (Anti-Money Laundering) standards, to prevent legal and financial penalties. Assist in the execution of transactions, coordinating closing logistics, finalising documentation, and ensuring all procedural requirements are met for successful transaction completion. Validate that all transactions are booked accurately and in line with client instructions and regulatory requirements to minimise booking errors and reduce operational risk. Identify and flags any inconsistencies or irregularities in transaction data, escalating issues promptly to mitigate financial and reputational risk. Attend DCF's for all new deals and comment on Legal Agreements and ensure that the legal agreements can be operationalised. Engage with the Deal Team and the TM to ensure that deal intention is understood and that Transaction Management can provide the support required to implement the deal and conduct the ongoing maintenance required. Ensure processes are followed and backdate approval is required where necessary. Ensure New Deal implementation is approved according to Legals and the DCF. Reconcile transaction records across different systems to confirm data consistency and integrity across platforms. Participate in projects aimed at improving transaction management processes, focusing on automation, accuracy, and efficiency to enhance data quality standards. Communicate transaction data quality insights to internal stakeholders, including traders and risk managers, ensuring transparency and promoting proactive issue resolution. Develop and monitor key metrics for data quality within the transaction management function, ensuring consistent and quantifiable improvement. Identify and implement process improvements to enhance efficiency, accuracy, and client service in transaction management data quality, contributing to operational excellence. Track and report on transaction-related risks, collaborating with senior managers to develop and implement effective risk mitigation strategies. Collaborate with internal teams i.e., legal, compliance, credit, and operations to ensure cohesive and efficient transaction management. Engage in ongoing training and development activities to build expertise in transaction management Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies. Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement. Important Closing Date Note Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 14/11/26 All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ. FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.
Pay
Not stated
Where
1 Merchant Place · 1 Fredman Drive · Sandton
Work
Not stated
Type
Not stated
Posted
3 Nov, 2026
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