Associate Principal: Structured Products at Nedbank

Job Purpose

This is a front office role within the Specialised Distribution’s Structured Products team, which is part of the greater Investment Bank. Structured Products is focused on originating, implementing and maintaining of structured debt finance solutions. Some of the focus areas of the team are on secured note programmes (credit repacks), securitisation and other secured funding solutions. This includes solutions to be funded in the debt capital markets. Incumbent needs to be proficient with investment banking credit portfolios, banking regulations and knowledge of debt capital markets would be beneficial.

Job Responsibilities

Meaningfully contribute to the Structured Products unit within Specialised Distribution.

Contribute to revenue generation, with acceptable risk adjusted return.

Grow Structured Products’ business by supporting Principals, building networks, and contribute to developing Nedbank CIB’s brand.

Implement and close transactions by sharing your professional skills, completing deal assessments, running various pricing scenarios, structuring the transaction, preparing presentations/proposals to internal/external clients and presenting well written credit applications to the Credit Committee.

Monitor market trends by researching and recording market developments, competitor activities and innovation of structured products and services.

Contribute to innovation and product development in Specialised Distribution.

Grow bank wide profitability by attracting and retaining clients and supporting cross-sell to relevant product areas.

Deliver quality structured funding solutions to meet requirements of existing and potential customers.

Manage portfolio risk to maintain profitability and acceptable credit loss ratios.

Manage risks by ensuring compliance with the relevant credit, investment and compliance policies of the bank.

Identify and mitigate operational risk by implementing controls.

Build and sustain trusting internal and external relationships and alliances across functional and organizational boundaries through collaboration with relevant stakeholders.

Be proficient in Microsoft Excel and a passion for financial modelling. Strong quantitative skills will be a requirement.

Knowledge of the Debt Capital Markets will be an advantage

Essential Qualification - NQF Level

• Professional Qualifications/Honour’s Degree (Commercial /Sciences/Accounting).

Preferred Qualification

• CA(SA) / CFA / Engineering/ Quantitative Degree/ Relevant Postgraduate Qualification.

Essential Certifications

• Chartered Accountant (SA), Chartered Financial Analyst, Chartered Institute of Management Accountants (Not essential)

Minimum Experience Level

• 3+ years relevant experience with a demonstrated track record of originating, structuring and executing investment banking transactions.

Technical / Professional Knowledge

• Microsoft Office
• Nedbank culture and values
• Nedbank policies and procedures
• Nedbank vision and strategy
• Principles of financial management
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Decision-making process

Behavioural Competencies

• Building Partnerships
• Collaborating
• Customer Focus
• Initiating Action
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills