Principal Investments Officer: Equities at Development Bank of Southern Africa (DBSA)

Job Description    

• The Principal Investment Officer (Equities) is responsible for the implementation of the Bank’s equity investment strategy, ideation, identification, appraisal and implementation of new equity investment opportunities in key strategic sectors and investment themes.

Key Responsibilities    
Investment and Loan Transactions

• Originate, structure and execute equity investment opportunities in key strategic sectors/investment themes.
• Support the coordination and collaboration of investment initiatives through information exchanges and collaboration with relevant divisions of the Bank, to achieve targets and objectives.
• Evaluate the feasibility of investment opportunities/project transactions to ensure that they are commercially sound prospects for equity financing and are aligned with the DBSA’s strategy and mandate.
• Undertake project due diligence and lead equity investment approval processes at relevant Investment Committees, with emphasis on ensuring key economic, financial, technical, and legal issues are considered and mitigants incorporated in the financing structure and legal documents.
• Facilitate deal closure by taking responsibility for optimal financial, institutional, and legal structuring.
• Negotiation and review of equity investment agreements and project documents.
• Develop and maintain investment models, portfolio data, and supporting analytics.
• Conduct research and provide recommendations on significant developments, emerging opportunities and challenges in areas of responsibility and present findings to internal and external stakeholders.

Equity Portfolio Performance

• Facilitate strong investment performance and value addition in the equity investment portfolio.
• Draft, review and submit quarterly portfolio reports for the Investment Committee and Investors.
• Identify key risks facing the portfolio and implement mitigating strategies/policies.

Stakeholder Management

• Build and manage relationships with key internal and external clients to increase the Bank’s reach, equity investments and loan transactions.
• Provide reports and information to potential clients and document the same to provide information on customer requirements/ areas of interest.
• Engage with financial intermediaries to offer new products and access new markets that help further DBSA’s mission.
• Identify clients’ pain points and coordinate DBSA’s solution offerings to address them.
• Network and maintain relationships with key internal and external stakeholders to further develop specific investment opportunities.
• Mentor/coach Senior Investment Officers on transactions and various areas of the equity function to aid their development.
• Undertake other tasks as assigned by the line manager, from time to time.

Key Measurements of Outputs
*The list is not exhaustive

• Value and number of project approvals, commitments, and disbursements.
• Value of infrastructure catalysed.
• Quality of equity investment book (e.g., NPL ratio).
• % of equity book in priority geographies and sectors.
• Number of transactions that are committed for DBSA funding to black-owned entities (50% shareholding and above) and fund managers.
• Number of jobs created or "to be created" by projects - Direct and Indirect jobs.
• Quality of signed agreements/mandates.
• Implementation of strategic initiatives.
• Clients and Stakeholders' service rating.
• Demonstration of thought leadership and a recognised expert in the area of responsibility.

Expertise & Technical Competencies    
Minimum Requirements

• A postgraduate qualification or equivalent in Business (such as an MBA) or Finance (CA or CFA), or Engineering, or Economics or Actuarial Science.
• A minimum of 10 years of relevant work experience in equity investments (funds or direct investments), corporate/project finance gained at institutional and other fund investors, commercial/investment banks and/or development financial institutions.
• Experience in structuring comprehensive solutions across financial products using debt, private equity and funds, and/or capital market instruments.
• Experience in working on investment projects through an established approval process.
• Strong credit, analytical, and financial modelling skills.
• Experience in executing transactions across Africa.
• Successful track record in leading project teams with high-level stakeholders and qualified professionals.

Deadline:19th June,2026