DEAL SUPPORT SPECIALIST – REF8547

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R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS

Our client is a leading fixed-income asset manager and specialist investment company which manages the full range of interest bearing and developmental investments in an ethical and sustainable way. The company is dedicated to the development and empowerment of South Africa and its people, with many of their investment offerings geared towards a meaningful difference to their world.

They now seek a deal support specialist to join their team. This role is for a suitably qualified affirmative action candidate.

JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

  • You will be responsible for supporting the credit and equity analytical team members with the execution of new transactions, and assisting with ongoing monitoring and management of existing transactions;
  • You will be responsible for assisting investment analysts with the execution of new transactions which includes:
  • You will be responsible for administration of drawdown requests and ensuring that the analyst, portfolio managers and SIA are kept up to date with drawdown progress;
  • You will be responsible for administration of conditions precedent and liaising with the investment analyst to ensure pay-away only takes place once all CPs have been fulfilled (or waived, with analyst’s agreement);
  • You will be responsible for collation of final legal documentation (including loan documents, security documents, CP documentation and AOD certificates), recording and storing of same in the appropriate folder / safe / custodian;
  • You will be responsible for interaction with trustees to send/receive appropriate documentation / information;
  • You will be responsible for execution of the fund allocation spreadsheet and ensuring the appropriate instruction / information is communicated between the analysts, portfolios managers and SIA;
  • You will be responsible for preparation of payment profile spreadsheets;
  • You will be responsible for liaising with the analyst and SIA to ensure the deal closure process is efficient, that all outstanding matters are resolved and that the asset is appropriately allocated and loaded;
  • You will be responsible for the development and maintenance of deal closure and pay-away checklists and process documents;
  • You will be responsible for aadministration of deal raising fees charged to counterparties and the payment of fees charged by drafting attorneys and support services to a transaction;
  • You will be responsible for administration of existing transactions;
  • You will be responsible for administration of drawdown requests, ensuring all CPs continue to be met and that the analyst, portfolio managers and SIA are kept up to date with drawdown progress;
  • You will be responsible for liaising with the investment analyst about the fulfilment of conditions precedent (or waived, with analyst’s agreement);
  • You will be responsible for collation of final legal documentation (including loan documents, security documents, CP documentation and AOD certificates) and storing of same in the appropriate folder / safe / custodian;
  • You will be responsible for interaction with trustees to send / receive appropriate documentation / information;
  • You will be responsible for execution of the allocation spreadsheet and ensuring the appropriate instruction / information is communicated between the analysts, portfolios managers and SIA;
  • You will be responsible for preparation of capital and interest repayment profile spreadsheets;
  • You will be responsible for liaising with the analyst and SIA to ensure the deal closure process is efficient, that all outstanding matters are resolved and that the asset is appropriately allocated and loaded;
  • You will be responsible for the development and maintenance of deal closure and pay-away checklists and process documents;
  • You will be responsible for maintenance of transaction cash flow and payment profiles;
  • You will be responsible for maintenance of a diary system to ensure counterparties fulfil their contractual information updates and supporting the investment analysts to record receipt of covenant and financial reports etc.);
  • You will be responsible for supporting the investment analyst with the management of lender decision requests across a portfolio of project finance and corporate transactions;
  • You will be responsible for supporting the investment analysts with the administration of proxy voting for listed credit and equity transactions;
  • You will be required to assist with strategic projects and initiatives;
  • You will be required to assist the investment analysts (from the equity, unlisted credit and listed credit teams) to ensure deal execution, pay away and monitoring happens effectively, consistently, timeously and efficiently;
  • You will be required to enhance and implement deal execution and closure processes, checklists, procedures and best practices;
  • You will be required to maintain internal records of accounts, borrower and custodian details;
  • You will be required to review current process and implement appropriate suggestions to improve processing efficiency;
  • You will be required to assist and support deal analysts with the deal structuring process, negotiation, implementation, execution and monitoring of deals;
  • You will be responsible for the administration of a portfolio of deals to ensure that transactions are executed, managed and monitored appropriately;
  • You will be responsible for customers: clients invested in funds; credit and equity team; specialist administration team; credit and equity investment committees; counterparties and arrangers; borrowers / investee companies; trustees; attorneys.                        

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

  • You have integrity;
  • You have strong analytical skills;
  • You are meticulous with a keen eye for detail;
  • You have strong judgement skills;
  • You have initiative;
  • You are assertive;
  • You have strong negotiation skills;
  • You have excellent communication (verbal, written and presentation) skills in English.

CORE QUALIFICATIONS AND EXPERIENCE:

  • You have a B.Com (preferably with Accounts II );B.Bus Sc;
  • You have current, relevant experience in the administration of corporate / structured credit deals (preferably with prior experience in renewable energy transactions, deal implementation / closure);
  • You have a strong knowledge of financial instruments and financial markets –
  • You have a good working knowledge of the MS Office suite especially MS Excel. Work for the head of Credit who is a very inspirational leader and who has a superb track record and the highest standards of integrity. You will learn from this manager and enjoy your working day. You will be challenged and engaged daily!