Various Jobs Available at Industrial Development Corporation

Qualification and Experience

Qualifications:

• Bachelor’s degree (Hons) in information technology or a related field. 
• A master’s degree would be an added advantage•
• Relevant IT architecture qualification, such as TOGAF (The Open Group Architecture Framework) or Zachman Framework will be advantageous.
• Certification and Expertise in Microsoft products such as Dynamics 365, Azure and Power Apps will be an added advantage.

Knowledge and Experience:

• Minimum of 8 - 10 years’ experience in business transformation, process mapping, including a speciality in digital transformation.
• Knowledge and experience in managing large-scale digital transformation projects within the financial services or banking industry.
• Knowledge and experience of data analytics and digital technologies, including AI, automation, cloud computing, and cybersecurity, to drive efficiency, innovation, and competitive advantage.
• Knowledge and experience in using project management methodologies and tools.
• Knowledge and experience in monitoring and reporting on the progress of digital transformation projects to EXCO and Board Committees.
• Ensuring that digital initiatives deliver measurable business outcomes and return on investment.

Roles and Responsibilities

• Participate and meaningfully contribute to the development of the organisation’s agile end-to-end digitalisation pathway 
• Provide strategic guidance and leadership in aligning digitalisation initiatives with the organisation’s strategic goals. 
• Oversee the collaboration and appointment of relevant   stakeholders/participants to lead the digital transformation strategy.
• Communicate, monitor and report on the progress of digital transformation projects to EXCO and Board Committees 
• User Interface/User Experience (UI/UX): Responsible for the overall look and feel of digital products, developing and maintaining UI standards, and involvement in user testing.
• Oversee the assessment and mapping of the IT architecture landscape in conjunction with current business processes.
• Co-Develop a comprehensive digital transformation roadmap, prioritising initiatives that will deliver the greatest impact. Responsible for owning the implementation of the long-term plan to achieve favourable roadmap outcomes, including budgets and resource allocations.
• Ensure rigorous project management practices are adhered to, including scope management, risk management, and change management.
• Foster a culture of innovation and continuous improvement in area of responsibility within the organisation, including in-sourcing new learnings to the organisation.
• Build and maintain strong relationships with key internal and external stakeholders.
• Maintain knowledge of cutting-edge industry developments and, working with others, build awareness across the organisations and ensure culture of ongoing state of change readiness, 
• Ensure compliance with security, governance, and regulatory requirements throughout the digital transformation process.

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Qualification and Experience

QUALIFICATION REQUIREMENTS:

• Minimum qualification: relevant commercial or technical Honours Degree or equivalent qualification.

Roles and Responsibilities

Financial /Shareholder Returns

•  Evaluate and effectively structure transactions with detailed application of IDC financing instruments.
• Ensure financial soundness of all credit submissions.

Internal /Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Deal structuring - Designing and negotiating the financial and legal relationship between the client and IDC for the specific deal.
• Risk identification and mitigation
• Leading of due diligence teams on high value / complex transactions
• Deal optimization - ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
• Account management function up to first draw
• Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
• Conduct peer reviews on all due diligence disciplines.
• Training, mentoring and coaching of Business Analysts and Dealmakers
• Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications

Roles and Responsibilities (cont.)

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Provide team leadership in transactions during due diligence
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Coaching and mentoring of team members

Job Requirements

KNOWLEDGE AND EXPERIENCE REQUIREMENTS:

• 8-10 years related experience of which 8 years should be in deal assessment as well as closing of transactions (i.e. management of approved deals up to first drawdown, including ensuring timely conclusion of legal agreements).
• Declared competent in three due diligence disciplines (Marketing, Technical and Financial)
• Grounded in all three disciplines
• Transaction leadership (complex deals)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

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Qualification and Experience

Qualifications:

• Matric
• A three-year National Diploma in Commerce or equivalent

Knowledge and Experience

• 2-5 years proven Administration experience.
• The following computer skills and knowledge of office software packages are essential: MS Word; PowerPoint; Excel; Outlook; MS Teams;
• Knowledge of SAP will be an added advantage
• Established and proven networks of key IDC stakeholders, including Provincial and Local Government stakeholders
• Organized and persistent, with drive and determination to achieve goals.
• Effective, versatile and action-oriented.

Roles and Responsibilities

• To provide secretarial and administrative support to the Regional Manager and team members (eg: diary appointments; filing system, correspondence and other related tasks)
• General typing, including reports and presentation slides
• Receive, direct and relay telephone messages and fax messages
• Scheduling of events, and relevant logistical support
• Diaries appointments and to arrange meetings
• Maintain the general filing system and file all correspondence
• To perform general administrative functions such as photocopying and mailing
• To process financial travel claims for team members and provide support for travel related matters
• To order and maintain office consumables, such as stationery and office groceries and cleaning material the regions stationary and other supplies
• To maintain a report of expenses relating to telephone usage, stationery, newspapers, and other miscellaneous expenses
• To facilitate the on boarding of new staff members joining the team
• To provide an efficient customer service to internal and external customers
• To assist the dealmakers to maintain/update SAP for the business partner during the due diligence process
• To provide administrative support to the due diligence team during the due diligence, submission to credit committee and signing of legal agreements processes
• To provide administrative support to the dealmakers during the first draw process i.e. clearing of conditions precedent and disbursements
• To provide post investment and portfolio management support to the regional manager and dealmakers
• Regular reporting on pipeline to Regional Manager and SBU Head

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Job Description

• To provide a comprehensive and strategic support to the Chief Financial Officer by providing day to day oversight of operational matters and supporting planning and execution of key deliverables
• To monitor, evaluate and measure the timeous implementation of deliverables across the Division
• Support the co-ordination and alignment of Group Finance activities
• Identify trends for business improvement and risk management purposes

Qualification and Experience

Qualification: 

• Minimum qualification: relevant commercial or technical degree
• A Post graduate Qualification in a relevant field (e.g. CA(SA), MBA/MBL, LLB etc

Experience: 

• The preferred candidate will have a minimum of 5 - 8 years’ experience in the financial discipline
• Experience in State Owned Entities or development finance entities and understanding of all applicable legislative and governance principles relative to Group Finance
• Understanding of sustainable banking imperatives and environmental, social and governance requirements would be an advantage
• Candidate must have an appreciation of the role of the IDC
• The candidate must have absolute commitment towards the values of the Corporation.
• Experience working in a high-level collaborative environment
• Proven track record of effectively interacting with senior management
• Ability to work strategically and collaboratively across departments
• Effective, versatile and action-oriented
• Excellent communication skills
• Ability to manage multiple competing priorities while building effective relationships
• Extremely organized and persistent, with drive and determination to achieve goals.
• Management and leadership experience will be an added advantage
• Knowledge of Microsoft Word, Advanced Excel and PowerPoint
• Practical knowledge of SAP will be an added advantage

Roles and Responsibilities

Financial / Shareholder Returns

• To serve as advisor to the CFO
• 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 enable leadership success
• To manage the Chief Financial Officers budget and cost centres. Consolidating reports across units
• To assist in reporting activities and preparing comparative reports
• To assess inquiries directed to the CFO, determine the proper course of action and delegate  to the appropriate individual to manage, and follow up to ensure resolved

Internal / Operational Processes

• Participate in strategy formulation and implementation for the CFO’s office
• Provide strategic advice and support on policy matters
• Management of the Office (planning and co-coordinating the activities of the office)
• Assist with reporting on various operational activities
• Analyse trends and provide recommendations for remediation.
• To generate ideas for improvement of cross functional processes or resolution of complex problems
• Represent the IDC and the COO at internal and external forums
• Participate in corporate strategic initiatives/projects

Corporate Strategic Alignment

• To participate in and support Corporate Initiatives
• Monitor and evaluate divisional strategic priorities and preparation of reporting and presentation requirements
• Assist and drive the requirements of the TPMO work-stream

 Customer Focus & Stakeholder Management

• To create relationships with internal and external clients
• Dealing with client queries that require policy decisions to protect the organisation against reputation risk and ensure client satisfaction

Learning, Leadership & People Growth

• To provide leadership and support to staff within the Office of the CFO
• To research best practice measures
• Take responsibility for personal development and growth
• Promote the sharing of knowledge and best practice
• Impeccable managerial and interpersonal skills 

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Qualification and Experience

Qualifications 

• B Com degree or equivalent
• Post graduate qualification will be an added advantage

Knowledge and Experience

• 5 to 8 years of relevant experience in a financial institution, 2 years of which must be specifically in the SME space
• Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects
• Excellent written and verbal communication skills
• Advanced proficiency in financial statement analysis
• Ability to work independently and collaboratively in a team environment
• Portfolio management or Origination experience will be an advantage

Roles and Responsibilities

• Provision of independent credit & investment assessments on credit submissions to credit committees; exercise credit judgment; and make sound credit recommendations within stipulated Service Level Agreement.
• Participation in Due Diligence investigations with the SBUs & Regional offices, provide advice on risks to be assumed, mitigating factors and assessing the viability of projects.
• Performing risk grading and pricing of Business Partners through the application of in-house credit risk tools and models and give constructive view on the output.
• Ensure adherence to Credit policies and procedures as well as team alignment to the Credit Risk Appetite strategy, taking into account group counterparty, and concentration limits guidelines.
• Assist in formulating tools and systems to better service the SME portfolio.
• Facilitating constructive working relations and healthy working morale with internal stakeholders.
• Prepare and position submissions at the relevant sanctioning committees.
• Perform pro-active on-going credit monitoring and risk management on a client and portfolio level and attend Investment monitoring committees.
• Ensure on-going compliance with regulatory requirements.
• Stay informed on industry trends, market conditions, and regulatory changes that may influence creditworthiness and investment decisions.

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Qualification and Experience

Qualifications:

• Minimum qualification: relevant commercial or technical honours degree 

Experience: 

• Minimum 5 years’ experience in due diligence disciplines (e.g. Marketing, Technical or Financial) with regards to investing in Funds
• Monitoring and evaluation of investments
• Experience in interpretation of financial statements.
• Back-office support in the management of approved deals from first drawdown
• Proficiency in client relationship management and administration.
• Strong administrative and reporting skills.
• Strong financial skills and knowledge of accounting principles.

Roles and Responsibilities

Internal / Operational Processes

• Support Senior Account Managers with the origination of investment opportunities based on strategic fit, developmental outcomes and economic viability.
• Develop framework, systems, and processes for management of the Fund portfolios.
• Draft and submit monthly reports to HOD on individual fund performance iro developmental, financial returns.
• Support internal processes regarding individual fund performance and valuations.
• Risk identification and mitigation.
• Prepare and submit submissions for either Credit or Policy committees where required for approval.
• Maintain accurate client data for reporting purposes.
• Support Senior Account Managers with post investment support.

Customer Focus & Stakeholder Management

• Maintain meaningful relationships with portfolio clients in conjunction with different support functions in the IDC.
• To effectively interact with relevant SBU’s, departments and IDC Advisory Board/LPAC members in order to fulfil the process requirements in managing the PE portfolio.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Learning, Leadership & People Growth

• Drive and manage own development to enhance own competencies.
• Participate in knowledge sharing in the team and cross functional.
• Development of templates, processes and systems for administration and reporting purposes