Current Jobs at National Empowerment Fund

Job description

Deal execution:

• Ensure deal structuring and pricing in line with NEF’s product criteria and mandate. Ensure accurate capturing of terms on the standard NEF Template. 
• Conduct due diligence on approved deals in line with guidelines and covering all the potential risks (including those raised by FMD committee) as well as mitigating factors. 
• Develop financial model on due diligence outcomes. 
• Negotiate terms and conditions of investment to minimize risk in each transaction. 
• Ensure shareholders / investment agreements are reviewed for input by legal. 
• Prepare and present investment report to FMD and investment committees within pre-agreed timelines. 
• Ensure that screening papers and IC papers are reviewed for accuracy and quality assurance prior to submission to Fund Manager and/or external circulation. 
• Ensure that all disbursement files are reviewed for completeness prior to release to Fund Manager. 
• Work with a Senior Investment Associate, Fund Manager and the rest of iMbewu leadership to ensure high quality transactions and superior client service. 
• Manage and ensure all stakeholders are in agreement and that the relevant documents are signed prior to disbursement. 

Risk Management:

• Ensure portfolio growth and management through number and value of deals. 
• Minimize impairments and maximise collections to ensure portfolio sustainability. 
• Risk Management thorough conducting quality due diligence processes. 

Customer Service & Ad Hoc Tasks

• Ensure high level of service to clients when executing deals. 
• Ensure that clients are regularly kept abreast of the progress on their applications. 
• Promptly respond to any queries from clients regarding their applications in the pipeline. 
• Promptly follow up on leads forwarded by Fund Manager, Divisional Executive, CEO, other managers and from third parties.

Minimum requirements

Qualification Requirements

• Bachelor’s degree with specialisation in Structured Finance and/or Business Finance 
• CFA added advantage

Experience / Skills Required

• Minimum of 3 years deal execution experience 
• Strong deal making experience and ability to structure deals, financial modelling and negotiating skills. 
• PC Literacy and competency in Excel spreadsheet, MS Word and MS PowerPoint. 
• Understand NEF mandate and investment guidelines. 
• Possess good analytical and modelling skills and be able to apply NEF’s financial modelling methodologies. 

In-depth experience in conducting quality due diligence exercises: 

• Accounting and/or auditing, law, tax; o Able to gather data from all relevant sources, including industry experts; 
• Able to communicate at all levels and use interviews to gather data necessary in compiling investment reports; 
• Great writing skills; 
• Able to identify risks and recommend relevant risk mitigation measures; 
• Understand various investment instruments and able to structure deals and to apply them in relevant investment circumstances. 
• Communication and presentation skills to present investment reports to various committees for approval.

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Job description

Assessment of Applications (Pre-screening) and Report writing

• Collect all relevant information from applicants; 
• Evaluate new deals from Pre-Investment for potential; 
• Perform high level desktop financial and commercial assessment and provide recommendations and comments to Investment Associates; 
• Analyse, compile and report on market information on a deal-by-deal basis; 
• Prepare the early review report and make recommendation for ratification by deal committee within guidelines; 
• Draft recommendation letters. 

Financial modeling and preparing of financial analysis

• Build financial models according to NEF financial modeling methodologies standards models; 
• Provide comprehensive financial analysis, using approved financial modelling tools, to the Deal Team on transactions presented to the NEF; 
• Apply standard investment analysis (under the advice / assistance of senior team members) on deal structuring techniques, market analysis and valuation principles; 
• Manage and influence internal decision–making and project process to obtain investment approval; 

Research, analysis and preparing research reports

• Conduct research and gathering data using reliable sources of information; 
• Assist teams with due diligence exercise; 
• Analyse and prepare reports on findings and make recommendations.

Minimum requirements

Experience / Skills Required

• Minimum of 2 years similar experience in the corporate finance/ Banking / DFI environment 
• At least 2 years financial modelling and deal assessment experience 
• A generalist in small and medium enterprises (SMEs), franchise, procurement and entrepreneurship finance area 
• Understanding of NEF mandate and investment guidelines 
• Possess good analytical and modelling skills 
• An expert analyst demonstrating high command of the abilities required to perform the role 
• Ability to apply financial modelling methodologies 
• Ability to apply NEF processes with ability to move beyond the standard process with help to produce highly insightful diagnoses 
• Able to identify important issues and highlight same to team for consideration 
• Good at knowledge gathering finds additional relevant information from unusual sources 
• Possesses analytical skills 
• Can develop good, actionable recommendations and is a strong contributor in discussions on investment implications 
• Structures own work and meet all commitments and targets, also exceeds agreed upon work 
• Participation in team problem solving 
• Contributions to team effectiveness 
• Willingness to travel

Qualification Requirements

• Bachelor of Commerce degree in Accounting / Economics / Finance or equivalent; 
• Postgraduate qualification and/or CFA are an added advantage.

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Job description

Research, analysis and preparing research reports

• Conduct research and gather data using reliable sources of information. 
• Analyse and prepare reports on findings and make recommendations. 
• Contribute to the development of a business development strategy when required for the portfolio companies; 
• Develop a broad knowledge (of corporate finance / private equity macro environment, sector, specific transaction) to support team in identifying and recommending appropriate mitigation measures on key risk issues for portfolio companies; 

Report Writing

• Evaluation of new deals from Pre-Investment for potential investment and prepare the early review report or decline within. 
• Perform desktop financial and commercial assessment and provide recommendations and comments to Investment Associates. 
• Analyse, compile and report on market information on a deal-by-deal basis; 

Financial modelling and preparing of financial analysis

• Building financial models according to NEF financial modelling methodologies standard models 
• Provide comprehensive financial analysis through the use of approved financial modelling for existing portfolio companies; 
• Analysing financial information relating to specific companies, e.g. company results, profit and loss,
  balance sheet and cash flow statements to determine the commercial viability of portfolio companies;
• Consider the economic implications which might affect the performance of portfolio companies; 
• For additional funding and or restructure, partake in due diligence exercises at the request of the team member, using approved processes and principles as outlined in the due diligence scope; 
• Provide commentary on 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 the NEF; 
• Analysing equity valuations of portfolio companies semi-annually; 
• Annual site visits to investee portfolio companies; 
• Early identification / flagging of potential areas of defaulting clients.

Minimum requirements

Experience / Skills Required

• Minimum of 1 - 2 years in financial analysis or similar experience in the corporate finance/ Banking/ DFI environment
•  Experience in deals assessment and ability to apply financial modelling methodologies 
• A generalist in small and medium enterprises (SMEs), franchise, procurement and entrepreneurship finance area 
• Understanding of the NEF mandate and investment guidelines 
• Possess good analytical and modelling skills 
• An expert analyst demonstrating high command of the abilities required to perform the role 
• Ability to apply NEF processes with ability to move beyond the standard process with help to produce highly insightful diagnoses 
• Able to identify important issues and highlight them to team for consideration 
• Good at knowledge gathering, finding additional relevant information from unusual sources 
• Can develop good, actionable recommendations and a strong contributor in discussions on investment implications 
• Structures own work and meet /exceed all commitments and targets 
• Participation in team problem solving and contribute to team effectiveness 
• Willingness to travel.

Qualification Requirements

• Bachelor of Commerce degree in Accounting / Economics / Finance or equivalent;