Job Vacancies at IDC

Main Responsibilities

• Financial / Shareholder Returns
• Ensure that all projects are developed and structured in a way that facilitates inclusive development and maximizes developmental impact.
• Deliver on initiatives that enhance the competitiveness of priority sectors.
• Achieve high success rate on project development.
• Crowd-in risk capital to projects.

 Internal / Operational Processes

• Lead the IDC’s participation in specific projects during the various phases of project development
• (idea generation, project scoping, pre-feasibility study, bankable feasibility study.
• Lead the evaluation of projects at every decision gate of the project development life cycle up to bankability.
• Formulation of industry development strategies and associated action plans aligned to industry development and strategic development goals.
• Identify opportunities and constraints for industry development.
• Participate in effective long-term industry planning, alignment and co-ordination with Heads of Strategic Business Units.
• Build proper project governance and oversight.
• Proactive identification of project opportunities to build the pipeline.
• Scoping/assessment of externally generated project opportunities.
• Ensure alignment of projects to strategic objectives.
• Lead effective project-specific risk management through all the phases of project development up to bankability. Development and implementation of strategies or action plans to drive the Unit’s strategic objectives.
• Quality control of projects during development phases.
• Contribute to strategy development for the Unit to maximize development impact.
• Lead the preparation and presentation of reports to relevant internal committees for decision making during the project development phases.
• Contribute to the improvement of competence and knowledge of project ideation / origination
• / Initiation and development.
• Lead and develop the definition and measurement of success metrics
• to objectively quantify project success. Report on progress against agreed plans.
• Lead and guide project steering committees.
• Assist with internal budget preparation and other administrative tasks from time to time.

 Customer Focus & Stakeholder Management

• Build influential and sustainable relationships with strategic partners to assist IDC in achieving its strategic objectives.
• Establish and maintain effective networks and build IDC brand awareness.
• IDC representation on boards / steering committees.
• Effectively interact with Strategic Business Units and Departments to fulfil the process requirement related to any specific project.

 Learning, Leadership & People Growth

• Remain abreast of best practice project planning and development and implementation principles.
• Provide strategic leadership and management to maximize effectiveness and drive high performance and delivery.
• Ensure the effective management of the team, including employee motivation and development.

Qualification and Experience

Formal qualifications

• Minimum qualification: relevant commercial or technical Honours’ Degree or equivalent qualification.
• MBA or a master’s degree would be an advantage.

Knowledge & Experience

• 10-12 years related experience, of which 8 years should be in project development.
• At least 5 years of experience at a leadership level and management of teams.
• Active experience in early-stage project development and understanding of project life cycle.
• Sound knowledge of key project development risk drivers.
• Previous project planning and development experience dealing with multiple partners/funders.
• Deep mining, metals, infrastructure and energy knowledge or related sectors.
• Extensive knowledge of environmental and government regulatory requirements in projects g. EIA, water license applications.
• Detailed understanding and application of corporate management and structuring processes.
• Knowledge of legislation issues surrounding project joint development agreements (contract management and dispute resolution).
• Project leadership (complex projects)
• Experience in peer review
• Experience in interpretation of financial statements
• Experience in financial modelling
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand models of proposed financial structures
• Competence in coaching and mentoring of team members
• Experience in engaging, managing and negotiating with relevant specialist bodies, government institutions, industry associations etc.
• Experience working in a high-level collaborative environment
• Ability to manage multiple competing priorities while building effective relationships
• Extremely organized and persistent, with drive and determination to achieve goals.
• Experienced in attracting project development partners and negotiating term sheets / joint development agreements.

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Qualification and Experience

• Matric
• Relevant Diploma
• 2 to 5 years proven Secretarial and Administration experience.
• The following computer skills and knowledge of office software packages are essential:
• MS Word; PowerPoint; Excel; Outlook
• Knowledge of SAP will be an added advantage 

Roles and Responsibilities

Internal / Operational Processes

• Handle FICA allocations in respect to transactions submitted to the Anti-Money Laundering Cluster.
• Handle PFMA allocations in respect to request submitted to the Compliance Management Cluster.
• Ensuring efficient and effective administrative functioning of Compliance and Regulatory Affairs Department (CRAD) Effectively manage the administrative and coordination activities within the department.
• Provide administrative support to the HoD and Department, including but not limited to:
• Quality check all documents issued by the HoD
• Act professionally as liaison between internal and external stakeholders
• Provide assistance in reviewing EXCO/ Board Sub-Committees/ Board packs to ensure quality and timeous submissions.
• Manage departmental actions to ensure they are implemented
• Ensure that the departmental team members comply with all internal policies and training requirements of the IDC
• Coordinate inputs for all planning and delivery processes relating to the department’s strategy execution
• Type business letters, memoranda and general correspondence for both internal and external purposes
• Ensure that administrative processes are in place in the Department
• Assist the HoD to monitor delivery of key tasks, implementation of actions from Committees or in meetings
• Consolidate departmental reports from team members

Roles and Responsibilities (cont.)
Customer Focus & Stakeholder Management

• To attend to general correspondence and liaison with internal and external clients (as and when required);
• Manage HoD activities with respect to engaging with stakeholders within IDC 

Learning, Leadership & People Growth

• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team

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Qualification and Experience

• LLB/ B. Com or equivalent qualification
• Accredited or certified member of the Compliance Institute of South Africa (CISA) (Advantageous)
• A Certificate in Anti-Money Laundering Control (Advantageous)
• CAMS Certification or a Certificate in Compliance Management will be an added advantage (Advantageous)
• At-least 5-8 years’ experience in anti-money laundering compliance management environment
• Sound experience in report writing and presentation skills
• Knowledge of the Siron System will be an added advantage
• Experience developing and implementing compliance programs
• Team player with the ability to work unsupervised
• Willingness to work on various compliance issues
• Must be able to adapt to working in a fast-paced environment

Roles and Responsibilities

• Assist in the development of compliance initiatives and programs to comply with the respective money laundering legal, licensing, and regulatory obligations
• Improve and maintain AML/CTF policies and procedures
• Aid in the improvement of tools to monitor, analyse, and report suspicious activity
• Handle file reviews of suspicious activity to ensure compliance with the policies and procedures put in place
• Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF
• Aid in the design, development, and implementation of a risk assessment framework to support all customer interactions
• Ensure consistent and timely feedback on cases that have been escalated
• Liaise with management to develop investigative strategies
• Develop and participate in compliance programs and initiatives
• Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted
• Ensure detailed and prompt investigation of all AML/CTF incidents and cases
• Help with identifying any AML/CTF loopholes and coordinating projects to bridge those gaps
• Develop and execute face-to-face / virtual training for staff in various business units as required
• Aid in general compliance awareness and refresher training