Investment Banking Associate, Agency Front Office

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To provide Agency support on syndicated debt products originated in the Investment Banking division, across all product houses. Contribute to the business growth through mandate origination in presence countries. Debt products the role supports would include corporate loans, acquisition and leveraged financing, project financing, reserve-based lending, property financing, preference share financing, share covered financings, subordinated debt. The essential functions include the following: 

• Assisting with the financial close process andCP sign off; administration of the syndicated loan life cycle including facilitating and coordinating cash flows, waivers, amendments, events of default, restructuring, sell downs and covenant monitoring;
• Adhere to relevant internal policies and procedures and comply with regulatory bodies to ensure that all deals and documentation meets the required standards, and work is carried out in a controlled and consistent manner to mitigate risk (including financial, reputational and operational).
• Facilitate communications, relationship management and information sharing between transaction stakeholders including Investment Banking Debt Structuring teams; Loans Administration teams, Distribution, Credit, Borrowers, Sponsors, Guarantors, Legal Counsel, Lenders Technical Advisors, Owners Engineers, Auditors, Compliance and Global Markets Trading desks.
• Review legal documentation in conjunction with internal or external legal counsel, to ensure effective management of Agency legal and operational risk and ensure all documentation meet Loan Market Association (LMA) standards and requirements.
• Co-ordinate and facilitate the enforcement of security by ensuring security documents are received, accurate and in order, and manage any instructions from lenders to enable the tracking and releasing of security and inform relevant external and internal stakeholders of any potential operational impact.

Qualifications

Type of Qualification: First Degree
Field of Study: Degree in Business Commerce or related 

• At least 3-4 years practical experience within the legal discipline, specifically understanding and interpreting legal agreements.
• At least 3-4 years demonstrated experience working within Investment Banking, with knowledge of  the product services and offerings. 
• Ability to build effective networks and effectively communicate with key stakeholders to facilitate transactions.

Additional information:

Technical Competencies:

• Client Relationship Management - Ability to define client needs, resolve requests, issues and complaints effectively. Keeping clients informed through professional communication. Adopting processes to enhance and track customer satisfaction.
• Corporate Legal Services Management - Applies knowledge and understanding of the role and functions of corporate legal services within the context of the local legislative and industry regulatory
  framework.
• Deal Appraisal - The ability to conduct sound analysis of individual transactions, through a thorough due diligence process (e.g. industry structure, company evaluation,
  cash-flow analysis, growth prospects, credit ratings, etc.).
• Local Market Knowledge The knowledge and understanding of the opportunities, competitive
  environment, regulations, and risks related to doing business in a particular country.
• Risk Awareness - General awareness of risk management practices in a financial services organization.
• Risk Identification - The examination of the essential elements of risk such as; assets, threats,
  vulnerabilities, safeguards, consequences and the likelihood of the threats materializing.

Experience Required

Investment Banking
3-4 years
Understanding and knowledge of local and global debt products / solutions to effectively develop and present innovative client solutions. Effectively coordinating and interacting with professionals, clients and key stakeholders in other lines of business in the delivery of all Debt Solutions. Building complex financial models, conducting research and analysing large amounts of data and information to develop and present reports to key stakeholders. Understanding of the debt solutions deal process.

3-4 years
Working independently and managing concurrent work processes and driving delivery on multiple deals / projects with minimal supervision.

3-4 years
Working with and interpreting relevant regulatory frameworks. Credit Risk or related field experience.

Behavioural Competencies:

• Articulating Information
• Checking Things
• Developing Expertise
• Embracing Change
• Examining Information
• Interacting with People
• Interpreting Data
• Inviting Feedback
• Producing Output
• Taking Action
• Team Working
• Upholding Standards

Technical Competencies:

• Deal Appraisal
• Deal Negotiation
• Economic Research
• Financial Analysis
• Local Market Knowledge
• Strategic Planning and Reporting

Additional Information