Vacancies at IDC

Qualification and Experience

Qualifications:

• CA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honours)
• BEng / BSc or similar qualification with Honours / post-graduate degree.
• Post-graduate qualification such as MBA/MBL will be added advantage.
• Project Management Professional qualification (PMP) will be added advantage.

Knowledge and Experience:

• The candidate should have at least 8-10 years of relevant experience in post investment monitoring / portfolio management or evidencing experience in managing key aspects of Business Partner relationships by considering risks, mitigants and protecting financial interests.
• Experience and knowledge in the portfolio management, restructurings, Due Diligence, draw downs and exit processes.
• Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantage.
• Experience in assessing the economic viability of businesses and/or projects
• Sound experience in a financial environment is essential
• Skills in respect of the analysis and interpretation of financial statements
• Sound knowledge of business and the diversity of risks that may affect businesses
• Good understanding of different types of security
• Understanding of Economic trends would be an advantage
• Project management experience will be an advantage.
• Knowledge and/or understanding of BP strategic diagnostics would be an advantage
• Knowledge and experience on how to help BP’s execute value levers

Roles and Responsibilities

• Post investment and portfolio monitoring and management of allocated portfolio of complex, technical and/or high value Business Partners.
• Ensure proper handover of Business Partners from the respective SBU is completed and all key priority and risk arears are discussed during the handover meetings.
• Periodically conduct impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio
• Conduct client visits and regular Business Partner reviews, which includes; undertaking reviews, application of funds review where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners where applicable.
• Schedule performance monitoring feedback sessions with investee companies on a regular basis.
• Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostics analysis is conducted to identify areas requiring improvement and specialized assistance and interventions.
• Work closely with large Business Partners in identifying areas for growth and value creation and monitoring the implementation of the value creation strategy of the investee companies.
• Collate and analyse Business Partner performance data to develop a high-level Value Creation Plan, assess Business Partner performance relative to Value Creation Plan and identify when additional support is required.
• Ensure that monitoring and counselling services are provided on Value Creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.
• Identify strategic data to be collected from Business Partners to actively monitor and evaluate the implementation of such strategic initiatives.
• To provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
• Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
• To ensure that all necessary amendments and approvals required during the life span of the Business Partner are timeously and adequately executed and ensuring that the Business Partners meets contractual obligations and follows up if Business Partners are in breach.
• To ensure that all exit processes and other calculations on allocated portfolio of Business Partners are properly executed, working closely with e.g. Corporate Treasury and Financial Management Depts and other support departments.
• To monitor and timeously report on undrawn facilities on the allocated portfolio of Business Partners (where applicable), including the collection of data that is to be captured by the back office.
• To promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.

Roles and Responsibilities (cont.)

• Work closely with the Legal and Technical teams to ensure timeous registration of tangible collateral and other securities.
• To analyse financial information from allocated large Business Partners on a regular basis and assess the need for initiating interventions based on the analysis.
• To work closely with the Boards and Management teams of the investee companies to ensure that the Business Partners under management are profitable.
• Work closely with other members of the IDC team to ensure that the investee companies under management achieve their stated targets and forecasts.
• Prepare portfolio reports as and when required on the portfolio under management, and present to all relevant portfolio risk management committees.
• Assist the Manager in other duties related to the department.
• Required to travel extensively as and when required.

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Job Description

• 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

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

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QUALIFICATIONS AND EXPERIENCE

• Honours degree in Risk Management, Finance, Economics, or a related field, CA or equivalent post-graduate qualifications.
• 8 -10 years’ relevant experience in Credit Risk/Finance/Investment Banking in a financial institution.
• Portfolio management experience
• Experience in credit portfolio oversight, stress testing and enterprise analytics.
• Deep understanding of credit risk frameworks, exposure management, and provisioning.
• Strong knowledge of Basel risk principles, stress testing methodologies, and capital planning.
• Proficiency in risk analytics tools, credit models, and enterprise risk platforms.
• Ability to translate complex risk data into strategic insights for senior leadership.
• Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects will be an advantage.
• Excellent analytical, verbal, and written communication skills.

Roles and Responsibilities

• Design and implement a comprehensive framework for managing credit and portfolio risks, aligned with risk appetite and strategic objectives.
• Produce trend analysis reports, sector risk reviews, and run sensitivity analyses/stress-tests for concentrations and deviations to expected performance, recommending strategies to keep the risk within acceptable levels.
• Proactively identify emerging risks and credit trends that may impact the portfolio, including sectoral, regional, or single borrower-specific vulnerabilities.
• Monitor and report on the performance against the Board-approved risk appetite levels and thresholds.
• Monitor portfolio quality, credit exposures, and sectoral/geographic concentrations.
• Monitor trends and shifts in internal risk grades (IRG’s) and produce summary reports that provide insight as to whether rating standards, protocols, and policies are consistently applied across portfolios and sectors to support the enhancement of credit risk rating systems and frameworks, thereby improving portfolio risk sensitivity and credit loss forecasting.
• Design and implement robust credit stress testing and scenario analysis frameworks.
• Conduct stress testing of the book against approved and emerging risk parameters in collaboration with the Quantitative Modeling team and input the results into the analysis of the adequacy of capital and provisions, as well as the generation of sector/industry risk positions.
• Integrate sectoral, regional, and borrower-level data to model the impact of adverse scenarios on credit quality and capital adequacy.
• Collaborate with credit analysts and economists from R&I to refine scenario assumptions and both forecast and calibrate risk parameters.
• Involvement in policy formulation and policy review across a range of risk management disciplines.
• Development of credit risk systems and procedures, ensuring that these are well-suited to support the corporation’s business strategies.
• Lead integrated risk planning processes that link credit and portfolio risk insights to business planning, capital allocation, and strategic initiatives.
• Conduct portfolio risk-adjusted return analysis to inform resource/capital deployment and funding decisions.
• Deliver credit risk reports that are comprehensive, timely, and provide actionable insights for decision-making.
• Translate technical credit analytics into digestible content for non-technical audiences, including developmental risk considerations.
• Drive the integration of tools with core systems (e.g. credit risk, loan monitoring, financial reporting platforms).
• Improve Active Credit Portfolio Management (ACPM) techniques such as exposure aggregation, limit optimization, and early warning systems.
• Enhance institutional capabilities in credit risk modeling, loss forecasting, and data-driven decision-making.
• Provide advisory/support to Strategic Business Units (SBU’s) on Portfolio risk matters, sector/industry deep dives, and portfolio reviews.
• Performing ad hoc reporting and analyses to help address the real-time demands of the organisation
• Provide relevant and required information to present to lenders and rating agencies.

Drive the delivery of special projects (Risk Division Strategic Initiatives) for the Head of Department, which include but are not limited to;

• Risk-based Capital Allocation, including the development of a framework for capital allocation.
• Balance Sheet and Capital optimisation.
• Rating and Pricing.

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Qualification and Experience

• Bachelor’s Degree
• A Post graduate Qualification in a relevant field (e.g. CA(SA), MBA/MBL, LLB, Engineering; Project Management will be an added advantage
• The preferred candidate will have a minimum of 5-8 years’ experience in field of discipline.
• Experience in public, financial or development finance institutions and understanding of all applicable legislative and governance principles is preferred.
• Candidate must have an understanding of the role of the IDC.
• The candidate must have absolute commitment towards the values of the Corporation.
• Experience in engaging, managing and negotiating with relevant specialist bodies, government institutions, industry associations etc.

Roles and Responsibilities

Financial / Shareholder Returns

• To manage the Divisional budget and cost centers. Consolidating budget reports in the division.
• To assist Departmental Heads in collating inputs to the annual budgeting process.
• To consolidate budget reports across the Division from Departmental Heads.
• To assist in reporting Divisional activities and preparing comparative reports.

Divisional Operational Processes

• To serve as strategic advisor and counsel to Divisional Executive.
• To assume day-to-day responsibility for projects and tasks and coordinate the execution of strategic initiatives.
• To create and maintain cross-departmental relationships.
• To assess inquiries directed to the Divisional Executive in order to determine the proper course of action and, where required, delegate to the appropriate individual to ensure resolution.
• Participate in strategy formulation and implementation for the Division.
• Provide strategic advice and support on policy matters.
• Assist with reporting on various operational activities/initiatives.
• Assist in the implementation of an effective client experience management framework including oversight of process optimization and digitization, complaints management, culture skills and targeted client service levels.
• Analyse trends and provide recommendations for remediation.
• Prepare Management information reporting and table analysis at key governance forums.
• Monitor and evaluate Divisional performance and ensure appropriate measures/interventions are put in place.
• To generate ideas for improvement of cross functional processes or resolution of complex problems.
• Participate in corporate strategic initiatives/projects.
• Research and provide specialist knowledge and advice to Divisional Executive relating to all operational aspects.
• Provide input to Executive Management Committee (Exco) and other strategic committees in the Corporation.
• To input into effective formulation and implementation of Divisional systems and procedures to ensure compliance and provide innovative solutions to take operations forward.

Roles and Responsibilities (cont.)

Corporate Strategic Alignment

• To participate in and support Corporate Initiatives.
• To formulate and implement innovative ways to improve Customer focus.
• Monitor and evaluate Divisional strategic priorities and preparation of reporting and presentation requirements.

Customer Focus & Stakeholder Management

• To foster and maintain relationships with internal and external clients.

Learning, Leadership & People Growth

• Keep up to date with latest strategic trends and developments (conferences and relevant forums).
• To research best practice measures.
• Take responsibility for personal development and growth.
• Promote the sharing of knowledge and best practice in the Division

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Job Description

Financial /Shareholder Returns

• Ensure adherence to IDC approved project/transaction budgets, implementation timelines, specifications and funding conditions.

Internal /Operational Processes

Perform technical due diligence that covers the following as a minimum.

• Evaluate the sufficiency and completeness of the project scope of work.
• Evaluate technical solution and technology
• Assess if the Client's planned capital spending is reasonable and suggest the required amount if the original estimate seems unrealistic.
• Examine the project to identify major risks that need to be managed or included in the budget.
• Evaluation of the project implementation plan in alignment with established industry standards and recognised best practices.
• Prepare a technical appraisal report detailing the results of the assessment, as well as outlining funding conditions—such as those required before the agreement is finalized (conditions precedent) and those necessary for each stage of funding (drawdown conditions)—to ensure appropriate controls are in place for managing project risks.
• Oversee the monitoring of project progress, cost performance, quality and risk management.
• Review project work completed against fund requests and recommend payment amount.
• Produce detailed reports and provide feedback to stakeholders on measurable items, such as progress milestones, cost performance, risk and quality.

Participate in project steering committees to achieve the following:

• Influence and manage the factors that can create scope creep.
• Early identification of project delays and assist clients in development of mitigation strategies to minimise impact.
• Provision of technical inputs and expert advice to industry forums, government departments, etc.
• Provide support/advice and report to the IDC Executive committee and Boards when required.
• Keeping up-to-date with important changes and emerging trends in industry.

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements.
• Build and maintain influential relationships with strategic stakeholders (internal and external) and regulatory authorities.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Qualifications

• Minimum qualification: B.Eng/B.Sc/B.Tech in Mechanical/ Metallurgical/Process Engineering.
• Registration as Professional with ECSA would be advantageous

Knowledge & experience

8 to 10 years’ combined experience in the following:

• Plant Engineering (Heavy Metal Industry, Energy, Oil & Gas, Chemicals, Mining and Manufacturing)
• Project Engineering Environment in Various Industry Sectors.
• Extensive knowledge of regulatory requirements and processes in project implementation, e.g. EIA, EAL, WULA, Building Plans, etc.
• Understanding of Engineering Design Stages and Project Life Cycle Deliverables.
• Sound grasp of technologies employed in industry projects, and the key success factors in implementation of these projects.
• Experience in performing risk assessments and development of mitigants.
• 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.

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Job Description

Financial /Shareholder Returns

• Ensure adherence to IDC approved project/transaction budgets, implementation timelines, specifications and funding conditions.

Internal /Operational Processes

Perform technical due diligence that covers the following as a minimum.

• Evaluate the sufficiency and completeness of the project scope of work.
• Evaluate technical solution and technology
• Assess if the Client's planned capital spending is reasonable and suggest the required amount if the original estimate seems unrealistic.
• Examine the project to identify major risks that need to be managed or included in the budget.
• Evaluation of the project implementation plan in alignment with established industry standards and recognised best practices.
• Prepare a technical appraisal report detailing the results of the assessment, as well as outlining funding conditions—such as those required before the agreement is finalized (conditions precedent) and those necessary for each stage of funding (drawdown conditions)—to ensure appropriate controls are in place for managing project risks.
• Oversee the monitoring of project progress, cost performance, quality and risk management.
• Review project work completed against fund requests and recommend payment amount.
• Produce detailed reports and provide feedback to stakeholders on measurable items, such as progress milestones, cost performance, risk and quality.

Participate in project steering committees to achieve the following:

• Influence and manage the factors that can create scope creep.
• Early identification of project delays and assist clients in development of mitigation strategies to minimise impact.
• Provision of technical inputs and expert advice to industry forums, government departments, etc.
• Provide support/advice and report to the IDC Executive committee and Boards when required.
• Keeping up-to-date with important changes and emerging trends in industry.

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements.
• Build and maintain influential relationships with strategic stakeholders (internal and external) and regulatory authorities.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Maintain current knowledge and awareness of the project management landscape and effective practices.
• Participate in knowledge sharing in the team and cross functional.

Qualifications

• Minimum qualification: B.Eng/B.Sc/B.Tech in Mechanical/ Metallurgical/Process Engineering.
• Registration as Professional with ECSA would be advantageous

Knowledge & experience

5 to 8 years’ combined experience in the following:

• Plant Engineering (Heavy Metal Industry, Energy, Oil & Gas, Chemicals, Mining and Manufacturing)
• Project Engineering Environment in Various Industry Sectors.
• Extensive knowledge of regulatory requirements and processes in project implementation, e.g. EIA, EAL, WULA, Building Plans, etc.
• Understanding of Engineering Design Stages and Project Life Cycle Deliverables.
• Sound grasp of technologies employed in industry projects, and the key success factors in implementation of these projects.
• Experience in performing risk assessments and development of mitigants.
• 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.