Senior Fund Specialist at Development Bank of Southern Africa (DBSA)

Key Performance Areas:

Strategic Outputs

• Support the the Infrastructure Fund’s (IF) strategic intent and progressively contribute a robust portfolio of projects, leading to improved funding and implementation opportunities.
• Support the monitoring and evaluation activities of physical infrastructure assets and financing instruments.
• Develop infrastructure investment model, strategies, tools, and products focused on core, stable cash-flow generating infrastructure assets.
• Monitor and provide recommendations to maintain and improve the financial sustainability, stability, and operational effectiveness of the Infrastructure Fund.
• Manage treasury operations including payments, liquidity, and cash management for the Infrastructure Fund.

Investment and Portfolio Management

• Implement, monitor, and evaluate infrastructure projects and associated assets to ensure effective execution and performance tracking.
• Manage the implementation and ongoing management of asset portfolios in line with IF’s strategic mandate.
• Support governance oversight for financing instruments and physical infrastructure assets executed through the Infrastructure Fund.
• Prepare investment memoranda and summaries including analysis of returns, investment case development, and sensitivity/scenario analysis.
• Perform asset valuation in line with market-standard valuation frameworks and guidelines.
• Develop and utilise financial models, including capital market instrument tranching and scenario modelling.
• Conduct post-execution monitoring of investments, including quarterly portfolio performance reporting.
• Review and negotiate legal financing documents with working knowledge of inter-creditor arrangements.
• Ensure compliance with relevant legislative frameworks including Capital Market Listing Rules, MFMA, PFMA, Companies Act, and King III/IV.
• Manage the monitoring of the projects' implementation to ensure compliance with facility agreements and contractual obligations by conducting technical reviews and risk assessments to identify and mitigate potential project execution issues.
• Engage project sponsors, advisors, and stakeholders to ensure project implementation aligns with transaction documentation execution plans.
• Prepare and submit project approval reports in line with internal governance and business plan eligibility criteria.
• Develop and implement procurement plans for projects and provide procurement support to project owners as required.
• Support the management of a portfolio of investment instruments, including but not limited to debt, equities, bonds, debentures, preference shares, and subordinated instruments.
• Oversee the management of IF assets and liabilities to ensure adequate capital and liquidity for business operations.
• Prepare and present reports, memoranda, and strategic documents for executive committees, boards, and key stakeholders.

Qualifications and Experience:

Minimum Requirements

• A Bachelors Degree in Accounting/Finance/Engineering/Mathematic/ Statistics/Business Science/Actuarial or equivalent.
• A postgraduate qualification CA(SA), CFA, MBA Engineer, Actuary.
• A minimum of 8 years’ experience including in portfolio management of project finance/listed and/or unlisted capital market instruments.
• Proven track record in managing finance, investments or assets on a portfolio basis.
• Demonstrated excellence in the field of finance and structuring of financing instruments.
• In-depth understanding and knowledge of finance and accounting, asset management, risk management and portfolio strategy knowledge and skills including understanding of systems such as SAP