Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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The primary responsibility is to originate and structure BEE transactions for funding within the Absa CIB Growth Capital Solution unit (transactions of +-R200m to +- R2bn across sectors). The candidate will be accountable to source leads, review complex financial models, structure and prepare Credit origination packs and motivate same for approval by the various approval and Credit Committees of the Bank. The role entails undertaking overall end-to-end project management of transactions as well as actively collaborating with different Business Units to speedily close transactions; stakeholder management: ability to cultivate, build and manage relationships with key stakeholders (internal and external), including with DFI’s.
Job Description
The candidate must have broad networks in the business, political and BEE sectors and a strong demonstrable record of consistently driving high sales targets and successfully executing on deals.
S/he Must have at least 7 years Banking experience with a minimum 10 years of proven end-to-end deal-making competencies, specifically in the Leveraged Finance/BEE/M&A/Corporate Finance area, with a good understanding of the relevant funding structures applicable in the BEE/M&A environment (e.g. Pref, NewCo, Mezz).
Requires good credit skills, strong financial analytical skills and an understanding of the relevant applicable legislation - company Act/tax/Preference shares/BEE Codes, amongst others.
Must possess a good understanding of banking and a suite of banking products (term loans, prefs, mezz, working capital, trade, FX, etc).
The candidate must have the resilience and ability to work under pressure, be proactive, self-starter, team player, well-rounded individual who is conscious and sensitive to the political, social and economic landscape around them. Suited to a BCom/MBA/CA or similar.
Education
Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)