Job category: Banking, Finance, Insurance. Stockbroking
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
To ensure the fund achieves its investment goals, customer service, business growth and client retention objectives in line with the mandate by sourcing deals and managing the entire process from origination through to disbursement. The incumbent of this role will be based in either Mpumalanga or KZN Regional Office (Mbombela / Durban).
Responsibilities
- Source deals, assess their viability and prepare submission report to the credit committee.
- Prepare submission to relevant committee for Due Diligence approval.
- Compile a Due Diligence work plan, negotiate a lending project term sheet and structure the deal to meet the client requirements, all under the supervision of the Investment Principal.
- Post DD approval conduct technical research and provide input on the deal structure.
- Maintain responsibility of the transaction, preparation of project appraisal to risk.
- Leverage funding structure that suits the client and minimises the NEF exposure.
- Operate as the transactions leader and maintain accountability for managing all aspects of converting a transaction from application to final approval.
- Establish and manage relationships with clients, financial institutions, sector players and other counterparties for originating and sourcing of the deals.
- Product development: establish innovative structured finance solutions for clients.
- Analyse financial outcomes, define pricing strategy and development impact.
- Manage the funding process in conjunction with the legal and post investment department.
- Negotiate documentation or legal terms with all related internal and external stakeholders.
- Undertake the collection of project documents once the deal is approved by respective committees.
- Ensure the communication reaches the client once the deal is approved.
Qualifications
- B. Com Degree (Finance, Accounting, Agricultural Economics, Business Economics).
- Deal structuring and implementation.
- Financial modelling and Business valuation methodologies.
Preferred
- CA and/or MBA with agriculture/acquisition transaction background.
Experience / Skills Required
- Deal origination to source quality deals.
- Network building and use of professional relationship to yield a flow of quality leads.
- Minimum of 5 years’ experience in deal making environment.
- PC literacy and competency in Excel spreadsheet, MS Word and MS PowerPoint.
- Understanding of NEF mandate and investment guidelines.
- Should possess good analytical and modelling skills and be able to apply NEF’s financial modelling methodologies.
- Business development and marketing of Rural, Township and Community Development Fund products.
- Should possess skills to conduct due diligence exercise in areas such as Accounting and/or auditing, law, tax.
- Should be able to gather data from all relevant sources, including industry experts.
- Be able to communicate at all levels and use interviews to gather data necessary in compiling investment reports.
- Have good writing skills.
- Be able to identify risks and recommend relevant risk mitigants.
- Understanding of various investment instruments and be able to structure deals and to apply them in relevant investment circumstances.
- Ability to negotiate terms and conditions of investment to minimize risk in each transaction.
- Communication and presentation skills to present investment reports to various committees for approval.
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