Associate: Development Debt

3 weeks ago


Sandton, South Africa Secondments Full time

MAIN DUTIES AND RESPONSIBILITIES

The main duties of this role will include, but will not be limited to:
- Allocation of business partners portfolios to manage, some of which may be complex, technical and/or high value business partners.

Periodically conduct SPPI (e.g. loans) impairment reviews in accordance with the approved company guidelines and policies on allocated portfolio business partners.

Identify Business Partners, where performance is not at the required level and develop a framework to ensure personal visits occur and diagnostics are conducted to identify areas requiring improvement and specialized assistance.

Ensure that monitoring and counselling services are provided on Value Creation levers in accordance with the value creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.

Conduct regular reviews including client visits and assigning of risk rating to business partners.

Proactively identify early warning signals and initiate appropriate intervention processes where necessary.

To ensure that all necessary amendments to contracts during the life span of the business partner are adequately executed.

To ensure that all exit processes i.e. early settlement, IRR and other calculations and release of security on allocated portfolio of business partners are properly executed.

To promptly monitor and follow-up all payments due to the company including interest, capital, dividends, fees etc. on allocated portfolio of business partners.

To focus on collection inflows from business partners and monitoring forecasts against actual performance.

To analyse financial information from allocated business partners on a regular basis and assess the need for initiating intervention based on the analysis.

To ensure maximising of the company value and limiting losses by being considerate of eventual exiting of investments where relevant.

To focus on enhanced portfolio management and by focusing on value add and growth of companys clients and optimised cashflow collection, where relevant while at the same time ensuring protection of the companys interests.

To assist in refining and adopting the evolving debt as set out.

From time to time to be involved in department and organisation wide initiatives linked to the departments function.

**QUALIFICATIONS**:
(Formal qualifications)

BCom Accounting with post graduate degree e.g. BCompt (Honours) or BSC engineering or similar 4-year undergraduate qualification with finance experience.

CA (SA) would be an advantage

SELECTION CRITERIA

(Formal qualifications, knowledge, type and length of experience and skills required to perform the job competently)

Experience and knowledge in the portfolio management, restructurings, Due Diligence, draw downs processes.

Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantageous.

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.

Knowledge and/or understanding of BP strategic diagnostics would be an advantage

Sound experience in a financial environment is essential

Good understanding of different types of security

Project management experience.

Knowledge and experience on how to help BPs execute value levers

TECHNICAL COMPETENCIES

1.Portfolio Management

2 Customer Insight & Focus

3 Formulation of Strategies & Concepts

4 Stakeholder Management

5 Financial modelling

6 Business/Commercial Acumen

7 Report writing skills

8 Value Creation Planning

9 Problem Solving

10 Analytical & Diagnostic Skills

11 Project Management Skills

12 Consulting Skills

13 Report writing skills

BEHAVIOURAL COMPETENCIES

1. Negotiating & Influencing

2. Credible Activist

3. Deciding and Initiating.

4. Planning & Organizing

5. Coaching and mentoring

6. Presentation and communication skills

7. Negotiating & Influencing

8. Coping with Pressures and Setbacks



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