Senior Investment Associate (Umnotho Fund) at National Empowerment Fund

Job description

Business Development / Transaction Origination

• Pro-actively develop business development strategies and pursue new business development through excellent understanding of market and stakeholder networks
• Identifies lucrative market opportunities through an excellent understanding and interpretation of sector analyses, including market structure, supply and demand aspects, competitor environment, and gap analysis and taking actions accordingly
• Actively participate in formulating, developing and implementing the business development strategy to generate new investment opportunities in the South African BEE financing market
• Engage in the activities and efforts required for the implementation of the business development plan
• Conduct business development in response to new markets, products and clients
• Develop strategic relationships with financial institutions, corporate finance advisors, other intermediaries and BEE groups
• Participate and represent the NEF at investment conferences and roundtable discussions
• Engage in activities that ensure the investment initiatives are in support of broader South African economic development strategies and/or government BEE strategies 

Transaction Execution

• Act independently in all spheres of project management, expert in deal structuring and negotiations. Acknowledged as a very experienced deal maker/ transactor both within and outside of the NEF
• Mobilize, coordinate and guide internal and external resources to appraise
  transactions/project/applications
• Manage and influence internal decision making and transaction processes to obtain investment approval
• Utilize expert knowledge (of BEE market, financial market, macro-economic environment sector) as to support, lead tea in identifying and suggesting/recommending appropriate mitigation measures on key risk issues
• Conduct comprehensive due diligence investigations on approved transactions by providing input on scoping and partaking in due diligence exercises with minimal support
• Recommend, develop, negotiate innovative/optimum/appropriate finance and legal structures for each investment deal ensuring long term sustainability/viability of the project to the benefit of the client and NEF
• Provide advice, guidance to legal department on the commercial terms in the preparation of legal documentation
• Negotiate with clients/co-financiers on an acceptable deal structure, financial terms, security to ensure successful deal closure incorporate and writing reports
• Ensure the timeous execution of legal documents in accordance with approved term sheets
• Acknowledged reputation within the NEF and externally based on successful deal closure and expertise
• Act as a mentor to Investment Associates and Investment Analyst
• Oversees and manages the implementation of projects through timeous disbursements paid out to the satisfaction of the client
• Provides expertise on structures recommended to FMTPFC and other Investment Committees by Investment Associates
• Pro-actively identifies potential areas of non-compliance, increased risk and set-up/initiate an action programme accordingly 

Deal Sustainability / Risk Management / Portfolio Management

• Responsible for surveillance, compliance, pro-actively anticipates and implements corrective actions, lead discussions in negotiating possible solutions
• Makes recommendations on effective solutions to sustain client relationships in the event of a default without causing a dilution in the asset value of the NEF
• Represents the NEF on Boards of Directors of selected investee companies

Minimum requirements

Experience / Skills Required

• 5 years similar experience in private equity/project finance/structured finance
• Deal structuring
• Project management

Qualification Requirements

• BCom degree in Finance/ Accounting
• Post Grad added advantage