| JOB NAME |
Senior Fund Specialist (Infrastructure Fund) (Midrand)
POSTED BY: Development Bank of Southern Africa
REF:DBSA 153
Date Published:Thursday, April 22, 2021
Date of Expiration:Tuesday, October 19, 2021 EXPIRED
RECOMMEND THIS JOB ON FACEBOOK
|
|
|
| LOCATION OF THIS JOB |
 South Africa | MIDRAND in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
|
| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Closing Date 2021/04/30
Reference Number DBS210416-5
Job Title Senior Fund Specialist (Infrastructure Fund) (Midrand)
Job Type Classification Contract
Location - Town / City Midrand
Location - Province Gauteng
Location - Country South Africa
JOB DESCRIPTION
The Infrastructure Fund (IF) announced by the President in September 2018 addresses the need for a dedicated blended financing facility for infrastructure programmes projects.
The aim of the IF is to transform public infrastructure financial provisioning using “blended” finance - combining capital from the public and private sectors, and Development Finance Institutions (DFI’s)/Multilateral Development Banks (MDB’s). This will be dedicated to meeting the financing requirements for hybrid projects. The DBSA’s mandate for the Infrastructure Fund has been captured in a Memorandum of Agreement (MOA) between National Treasury, Infrastructure South Africa (ISA), and the DBSA. This is a Five (5) Year Fixed Term Contract.
The role of the Senior Fund Specialist IF is to provide support for the Head: Asset Management and Treasury in the distribution and syndication of financing instruments in both the primary and secondary capital markets.
The Senior Fund Specialist will possess asset management, risk management and portfolio strategy knowledge and skills in order to:
1. Provide institutional investors domestically and globally with an opportunity to invest in the South African infrastructure sector.
2. Develop infrastructure strategies / tools / products that provide a platform for companies/institutions to invest primarily in core and pure infrastructure assets. Key focus on companies that provide more stable cashflow than other volatile infrastructure assets.
3. Where appropriate (depending on the Project), arrange, coordinate, structure and engage with financial markets to develop financial instruments that will enable investments in the Projects by investors.
4. Prepare reports for approval of Projects in accordance with governance processes in accordance with the eligibility criteria in the Business Plan.
5. Where required, develop a procurement plan for the Projects and provide procurement support to Project Owners;
6. Monitor the implementation of blended financing mechanisms for identified Projects.
7. Manage a collection of investment instruments such as shares, subordinated instruments, debentures, bonds, preference shares, equities, etc.
8. Control and manage IF assets and liabilities in terms of capital and liquidity to make sure that all parts of the IF can readily have access to fund business activities.
9. Oversee that the IF remains financially secure, stable and able to function effectively to support its clients.
10. Utilise procurement procedures and policies to procure Project Advisors once they have been duly appointed, to manage them;
11. Prepare various documents and management reports for Executive Committees, Boards and Stakeholders.
12. Perform other strategic and other duties as assigned.
KEY RESPONSIBILITIES
Support to the Head: Asset Management and Treasury to give effect to the IF mandate as relates to:
1. Preparation of Information Memoranda and summaries including analysis or returns, investment case, sensitivities and scenario analysis. Qualitative and quantitive review and analysis of asset portfolio for current and potential counterparties
2. Post execution monitoring including quarterly portfolio reporting
3. Valuation and Reporting against market standard valuation guidelines and principles
4. Financial Modelling and tranching of capital market instruments
5. Legal review and negotiation of financing documents including working knowledge of intercreditor arrangements
6. Compliance with South African Capital Market Listing regulations and other relevant legislative framework; i.e. King III, MFMA, PFMA, Companies Act etc.
7. Developing intermediary relationships including with rating agencies and global asset managers. Maintain a broad network of potential co-investors and market participants
8. Represent IF in required distribution and syndication interactions
9. Drive and provide input in the asset management strategy
10. Advance research efforts and improve overall quality and coverage for refinancing opportunities
11. Liquidity management, Capital and balance sheet management
12. Funding/issuance management and reporting
Key Measurements of Outputs
1. Established a self-sustaining IF.
2. Effective syndication and distribution of IF assets.
3. Value of infrastructure catalysed
4. Value of Private & Public Sector partnerships and funding
5. Capital Markets Funding
6. Effective Liquidity and Investment Management
7. Issuance of Capital Market Instruments
8. Clean Audit
Key Internal Liaison Relationships
1. DBSA Divisions (Treasury, Finance, Risk, etc.)
2. DBSA Exco and relevant sub-committees
3. DBSA Board and relevant committees
Key External Liaison Relationships
1. Infrastructure Fund
2. Infrastructure South Africa
3. National Treasury
4. Capital Market Investors
5. Pension Funds and Asset Allocators
6. Institutional Investors
7. Programme Donors
8. Senior Government Officials
9. International & Regional Partners
10. Service Providers
|
| REQUIREMENTS FOR THIS JOB |
EXPERTISE & TECHNICAL COMPETENCIES
Minimum Requirements
1. Relevant University Degree (Finance/Engineering/Mathematic/ Statistics/Business Science/Actuarial/)
2. Relevant Post Graduate Qualification
3. At least 8 years’ experience in listed and/or unlisted capital market instruments
4. Demonstrated excellence in the field of listed and or unlisted capital market instruments
5. Engineer, Actuary, CA(SA), CFA, MBA would be advantageous
TECHNICAL
Written & Verbal Communication
1. Understands that different writing styles are required for different documents or audiences.
2. Write effective correspondence, prepares questions and reports, statements of circumstance and briefing notes.
3. Reviews others’ documents for clarity and impact.
4. Able to communicate complex problems or concepts, by making them simple and understandable for others
Presentation Skills
1. Knows how to clarify and confirm people’s feelings, concerns and needs.
2. Can reinforce key presentation points with examples.
3. Is able to translate technical terminology into language understandable to the audience.
Reporting
1. Designs / customizes reports to meet user needs.
2. Prepares complex or tailored reports, gathers information from a variety of sources, analyses and includes in a report.
3. Keeps standard reports under review and proposes improvements to meet user needs.
Problem Solving
1. While remaining guided by organisational values, identifies optimal solutions, thinking first in terms of possible approaches and flexibilities in the system vs. blind adherence to rules or procedures.
2. Implements solutions to complex problems, then evaluates the effectiveness and efficiency of solutions and identifies needed changes.
Asset Management
1. Exceptional understanding of finance, structuring and innovation
2. Ability to function under pressure within a “start up” environment handling multiple priorities
3. Accuracy and high attention to detail
REQUIRED PERSONAL ATTRIBUTES
Behavioural Competencies
Customer Service Orientation
1. Tries to understand the underlying needs of customers and matches these needs to available or customized products and services.
2. Adapts processes and procedures to meet on-going customer needs.
3. Utilises the feedback received by customers, in order to develop new and/or improve existing services/ products that relate to their on-going needs.
4. Thinks of new ways to align DBSA’s offerings with future customer needs.
Self-awareness and Self Control
1. Withholds effects of strong emotions in difficult situations.
2. Keeps functioning or responds constructively despite stress.
3. May apply special techniques or plan ahead of time to manage emotions or stress.
Strategic and Innovative Thinking
1. Experiments with new approaches, tests scenarios, questions assumptions and challenges conventional thinking.
2. Creates new concepts that are not obvious to others, leveraging internal and external sources of information, to build incremental revenue and growth opportunities.
3. Cultivates Innovation
Driving delivery of results
1. Sets challenging goals that will have a significant impact on the business or support the organisational strategy.
2. Commits significant resources and/or time to ensure that challenging goals are achieved, while also taking action to mitigate risk.
Teamwork & Collaboration
1. Acts to promote a friendly climate and good morale and resolves conflicts.
2. Creates opportunities for cross-functional working and collaboration.
3. Encourages others to network outside of their own team/department and learn from their experience.
|
|
English 
FRENCH
