Associate: 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 Senior Transactors, building networks, and contribute to developing Nedbank CIB’s brand.
• Assist Senior Transactors to 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.
• Support Senior Transactors to 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

Essential Qualification- NQF Level

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

Preferred Qualification

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

Minimum Experience Level

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

Technical/ Professional Knowledge

• Business acumen
• Business administration and management
• Business writing skills 
• Capacity planning
• Client service management
• Employee training and development
• Financial accounting principles
• Governance, risk and controls
• Legal principles
• Project finance expertise
• Financial and Cash Flow Modelling
• Advanced MS Excel
• Legal Documentation review
• Risk management and internal control process and frameworks 

Behavioural Competencies

• Building trusting relationships
• Collaboration and resource sharing
• Cultivating networks and partnerships
• Customer focus
• Initiating action
• Operational decision making
• Team orientated