Associate: Mining and Resources at Nedbank

Job Purpose

To maximize sustainable revenue streams and manage risk through implementing and monitoring long-term debt financing transactions for clients in the mining, metals, chemicals and mining services sectors across the African continent.

Job Responsibilities

• Provide support to deal teams when originating transactions through extensive research, opportunity evaluation and proposal preparation.
• Actively participate in deal teams when implementing and monitoring transactions by: on-boarding clients; assessing due diligence outcomes;
• interrogating financial models and financial statements;
• running rating and pricing calculations and approvals;
• preparing term sheets;
• completing credit applications;
• reviewing finance documents;
• fulfilling conditions precedent;
• performing ongoing risk management, including:
• continuously assessing client performance and completing annual SEMS and credit reviews;
• complying with internal risk policies, procedures and mandates; and
• ensuring regulatory compliance (sanctions and adverse media screening and adherence to FICA or KYC regulations, policies, and procedures).
• Build and maintain strong relationships with internal stakeholders by building trust, promoting collaboration, communicating regularly, executing efficiently and complying with governance and controls.
• Support the achievement of the team’s business strategy, objectives and values by contributing to business plans and improving systems and processes.
• Get involved in ad hoc projects by providing research, advice, training, testing and implementation.
• Actively seek cross-sell opportunities for the products of other Nedbank divisions.
• Manage personal development by acting on feedback from managers and deal team members, actively accepting on-the-job training and pursuing relevant training courses.
• Stay abreast of developments in the mining, chemicals, metals, and mining services sectors.
• Stay abreast of developments in Nedbank CIB and in investment banking in general.
• Make a positive contribution towards a high-performance team culture.
• Be an ambassador of Nedbank and exhibit its purpose and values.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Relevant Honours, CA(SA), CFA / Honours degree in Engineering, Sciences, Finance, Accounting or Law.
• Honours or Masters degree in Engineering, Sciences, Finance, Accounting or Law.

Essential Certifications

• CA(SA), CFA

Minimum Experience Level

• 3-5 years relevant sector / industry experience (Financial Services or other)
• Minimum of 18 months of relevant experience in corporate, commercial or investment banking and/or in the mining, chemicals, metals or mining services sectors, with a preference for experience related to long-term debt transactions.

Technical / Professional Knowledge

• Business principles
• Business terms and definitions
• Business writing
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Oral and written communication techniques

Behavioural Competencies

• Communication
• Continuous Learning
• Collaborating
• Stress Tolerance
• Quality Orientation
• Technical/Professional Knowledge and Skills