Our client has an opportunity available for a Principal: Credit and Post Investment Officer based in Durban.
Requirements:
- B Com Honours or Post Graduate Diploma in a related field, CFA, MBA or equivalent qualification.
- 8+ years’ experience in a lending environment, investment banking, management consulting, development finance, corporate finance or similar field.
- Previous experience in corporate finance- essential.
- Deep understanding of the lending and credit risk environment.
- Strong credit risk skills, financial modelling, risk management and restructuring capabilities.
- Understanding of corporate finance principles.
- Familiarity with regulations in the industry.
- Demonstrable value-add through operational or strategic oversight in investee companies.
Responsibilities:
- Support the disbursement of funds and assess whether funds have been applied for the intended purposes.
- Oversee and monitor the implementation of projects.
- Monitor whether the intended developmental outcomes are achieved.
- Lead the proactive monitoring of investments on a continual basis to ascertain the quality of the book.
- Ensure that client financial statements are received on time and analysed to determine the financial health of investments.
- Verify adherence to pre-determined covenants, undertakings and milestones as per the funding agreement.
- Plan and execute periodic site visits to clients for performance and continual risk monitoring.
- Identify early warning signs of deterioration and institutes timeous.
- Assists junior members and specialists to develop turnaround solutions and assists in the recovery phase.
- Draft turnaround solutions for investments identified as being in financial distress.
- Responsible for security perfection, reviews and periodic valuation.
- Assists Legal with recoveries when business fails.
- Oversees knowledge management activities.
