Fund Manager

2 weeks ago


Johannesburg, South Africa Affirmative Portfolios Full time

**Finance**
**JHB North**
***:
**JOB OUTLINE**

**FUND MANAGER**

**JOHANNESBURG NORTH**

**Reports to** - Divisional Executive

**Key Responsibilities**:

- Develop Business Development strategies and plans for the Fund by proactively identifying new opportunities and needs using market and customer intelligence.
- Leads the implementation of the Fund’s strategy as approved by the board.
- Cultivate extensive networks within and outside the company aimed at growing the reputation of the organisation within the BEE financing, private equity, Development Finance Institution (“DFI’), commercial bank, project finance market and financial intermediary environment.
- Develop appropriate customer relationship strategies to deliver the products and services.
- Champions and contributes to the development of new products and services.
- Regularly leads participation at conferences promoting products, services and interventions to the target market and other stakeholders.
- Assumes ultimate responsibility for generating new business in accordance with targets set in performance contract.
- Delivers outcomes on agreed deadlines and milestones.
- Manage and lead staff in ensuring that they deliver on the mandate of the company, including set targets for the Fund.

**DEVELOPMENT OF OPERATIONAL STRATEGIES, POLICIES, PROCEDURES AND TACTICS**
- Must be able to develop the annual Business Plan for adhering to the overall direction and guidance provided in the Divisional Strategic plan.
- Manages, monitors and reports regularly to Divisional Executive, Exco and other stakeholders on progress made against the KPA’s and KPIs’ set in the annual Business Plan.
- Develops Operating Manual for the Fund covering the investment process as well as due diligence guidelines, Investment Screening Report templates, Investment Paper templates.
- Annually review Operating Manual and operating procedures and implement required changes in consultation with Divisional Executive and Exco.
- Develops and maintains standard financial models used by investment professionals in performance of their transaction appraisals.
- Contributes to the development of divisional strategy, policy, procedures and protocols
- Proactively align cross-functional policies, procedures and protocols within the Investment Division by exploring dependencies and soliciting input.

**KNOWLEDGE MANAGEMENT**
- Facilitates own staff knowledge management by empowering staff to share knowledge and experiences.
- Coordinate training programs at Unit level aimed at ensuring staff members are trained on core competencies e.g. due diligence, financial modelling, term sheets, deal structuring and negotiations, deal implementation, including identification of key risks and developing risk mitigants to minimise losses and maximise investment returns for the organisation.
- Champion knowledge sharing at a Divisional level by leading / facilitating workshops on topical issues involving internal and / or external experts on relevant topics.
- Provides ongoing guidance, mentoring and support to investment professionals with regards to the execution of investment proposals and transactions.
- Contribute to the establishment of the research database.

**PORTFOLIO GROWTH AND MANAGEMENT**
- Leads the growth of the investment portfolio on a sustainable basis by adopting sound investment discipline while implementing the organisation’s mandate
- Manage the optimal growth of the investment portfolio in line with performance targets.
- Manage the quality of the portfolio by minimising impairment levels
- Ensure that due diligence files are complete and reviewed either personally or by senior leadership within the fund
- Ensure that Investment Papers and Financial modules are complete and accurate and are reviewed by senior leadership within the fund before submission outside the Unit.
- Oversees project management of multiple investment teams ensuring that investment professionals/investment teams adhere to agreed execution time frames and submission deadlines.
- Ensure that transactions are appropriately structured and that investment structures mitigate investment risk as far as possible.
- Provide mentorship and leadership support to the team in relation to the negotiation of complex transactions.
- Provide leadership in the finalization of transaction documents, especially transactions with above average complexity.
- Influence investment decisions at a Divisional level through active participation at Fund Management Investment Committee (“FMIC”) and Portfolio Management Committee.
- Leads the presentation of transactions at Executive Investment Committee (“Exco IC”) and at Board Investment Committee level.
- Assume the role of custodian in relation to disbursement of new deals by ensuring that the disbursement processes and controls are adhered to in order to facilitate timeous disbursement of investments whilst mitigating investment risk to the organisation.
- May al


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