Capital Market Officer: Funding Desk - Midrand at Development Bank of Southern Africa (DBSA)

Key Responsibilities

Funding Desk

• Conduct market research and actively participate in funding initiatives to provide insights into new
• opportunities and increase funding diversification in the Bank’s capital markets projects required for the
• broadening and deepening of target markets.
• Keep abreast of financial markets developments and make recommendations in relation to funding
• opportunities and changes in the International financial markets (i.e., pricing points / new funding structures
• etc).
• Participate in the negotiations held with various fund sources and ensure understanding of funding
• agreements.
• Manage bilateral funding agreements and monitor that the Bank meets all its obligations, including
• commitments to clients in a timely and cost-effective manner.
• Provide information and consolidate draft reports for management, board committees, credit rating
• agencies, lenders and other investors on liquidity position and funding requirements.
• Provide inputs into the preparation and update of the annual borrowing and investment plan including the
• foreign exchange limit for approval by the Ministry of Finance.
• Review contractual agreements and ensure that the conditions of funding are fair, acceptable and within the
• confines of the Banks standards and policies.
• Prepare drafts for documentation associated with bonds issuances under the Domestic Medium-Term Notes
• (DMTN) program in line with the Johannesburg Stock Exchange (JSE) debt listing requirements.
• Monitor compliance requirements and adhere to JSE regulations, loan covenants and undertakings as well
• as other regulatory statutory bodies.
• Provide information on the cost of funding and funding status reports to the working group committees.
• Monitor liquidity requirements against disbursements forecast.

Stakeholder Relations and Reporting

• Create investor interest in DBSA by keeping investors informed about developments at the Bank.
• Manage core relationships and expectations with the Bank’s group of international development finance
• institutions and other lenders, domestic and offshore.
• Report on use of proceeds instruments as and when required.
• Contribute to management reporting and providing ad hoc reports as and when needed.

Key Measurements of Outputs

• Diversification of funding sources, markets, and instruments.
• Liquidity management in line with policy parameters and projected funds requirements.
• Management and compliance with loan covenants and information undertakings.
• Liquidity monitoring and reporting.
• Lender/investor relations.
• Management of cost of funding through proactive negotiation of competitive funding margins on bilateral.

Minimum Requirements

• Bachelor’s degree or equivalent preferably in Law or Finance or Accounting.
• 5 years’ experience preferably in capital markets or investment banking.
• Solid experience in negotiating, structuring, executing bilateral loans, syndications or club transactions.
• In depth knowledge of Loan Market Association (LMA) standards.
• Good understanding of the functioning of the capital markets and JSE Debt Listing Requirements.
• Good understanding of legislation and regulations relevant to the DBSA including FMA, PFMA, SARB FX controls, etc.
• Advanced Proficiency with Microsoft Office (MS Word, MS Excel, Power Point).