IDC Jobs

To apply, click on the link at the end of the posts and all the best with your applications.

Environmental, Health and Safety Specialist

Synopsis

To ensure that the organization’s exposure to Environmental and Social risks are avoided and/or maintained at an acceptable minimum level, and to promote sustainable industrial development. 

Job Description

Main duties and responsibilities:

Internal / Operational Processes

• Provide guidance on Environmental and Social issues to Business Units, clients and subsidiaries.
• Advise investment teams to promote sustainable and responsible investments, where possible to reduce the climate change impacts and environmental impact of investee industries.
• Advise investment teams to promote sustainable social benefits of investee industries.
• Develop and maintain a good working knowledge of relevant Environmental, Health and Safety (EHS) legislation in South Africa and other countries where the Organization’s operates (eg. EIA Regulations; all NEMA Acts; OHSA; Mining Charter; international environmental and labour regulations etc), and international best practice guidelines such as the IFC Environmental and Social Performance Standards.
• Remain abreast of developments in EHS thinking and practices locally and abroad (eg. UNEPFI; CDP; Global Compact; Equator Principles; ISO14001 and ISO18001 etc).
• Ensure that the Organisation’s Environmental and Social policies, standards and procedures remain aligned with current legislation and best practices locally and internationally.
• Participate in the review and update the Organisation’s Environmental, Social and Governance (ESG) framework to ensure alignment to changing circumstances on a regular basis.
• Monitor subsidiaries and existing clients’ compliance with the Organisation’s Environmental and Social Policy and Responsible Investment Policy.
• Collect, monitor and analyse sustainability-related data of subsidiaries and clients.
  Manage and coordinate environmental impact assessments conducted by Organisation’s or its Asses Environmental, Health and Safety risk profiles of existing business partners and new projects under consideration for financing by the IDC.
• Coordinate relevant capacity building interventions on environmental compliance.
  Provide support and input into Organisation’s Annual Integrated Report. In particular, support Organisation’s reporting obligations with respect to the Sustainability Bond, TCFD and Paris Agreement alignment, and SDG impacts.
• Provide support to SBUs on incorporating the SDGs into business plans and targets.
  Mentoring on basic aspects of the job.
• Customer Focus & Stakeholder Management.
• To effectively interact with different SBUs and departments in order to fulfil the process requirements.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.

Qualification and Experience

Qualifications:

• Bachelors degree recognised by SACNASP or in a technical discipline, preferably in an environmental management practice and/or engineering field, augmented by certificates for further development courses in environmental management practice.
• Honours degree in the field will be advantageous.

Roles and Responsibilities

Knowledge and experience requirements:

• 5 – 8 years’ relevant experience in the field
• Extensive knowledge in environmental management practice and/ or health and safety management Practice.
• Formulation and implementation of EHS Strategies and related concepts.

Job Requirements

Technical/Functional Competencies:

• Risk identification and mitigation
• Environmental Awareness & Insights
• Process Improvement & Efficiency
• Analytical and problem solving
• Customer insights and focus
• Planning and organizing
• Business acumen
• Results and solution orientated

Behaviour Competencies

• Presentation and communication skills
• Relationship building and networking
• Negotiation skills
• Critical thinking

Senior Dealmaker

Synopsis

JOB PURPOSE

To evaluate and present applications for funding and structure deals that contribute
towards SBU objectives and industry development goals. This would include performing
the complex financial and/or technical and/or marketing due diligence functions, as well as leading a due diligence team and ensuring risk identification and mitigation.

Job Description

MAIN DUTIES AND RESPONSIBILITIES

Financial / Shareholder Returns

• Evaluate and effectively structure transactions with detailed application of the organization’s financing instruments.
• Ensure financial soundness of all credit submissions.

Internal / Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Deal structuring – Designing and negotiating the financial and legal relationship
  between the client and the organization for the specific deal.
• Risk identification and mitigation
• Leading of due diligence teams on high value / complex transactions
• Deal optimization – ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
• Account management function up to first draw
• Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
• Conduct peer reviews on all due diligence disciplines.
• Training, mentoring and coaching of Business Analysts and Dealmakers
• Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the
  process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision
  of client service excellence

Learning, Leadership & People Growth

• Provide team leadership in transactions during due diligence
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Coaching and mentoring team members

Qualification and Experience

QUALIFICATIONS

• Minimum qualification: relevant commercial or technical Honours Degree or
  equivalent qualification.

KNOWLEDGE & EXPERIENCE

• 8-10 years related experience of which 8 years should be in deal assessment as
  well as closing of transactions (i.e. management of approved deals up to first
  drawdown, including ensuring timely conclusion of legal agreements).
• Declared competent in three due diligence disciplines (Marketing, Technical or
  Financial)
• Grounded in all three disciplines
• Transaction leadership (complex deals)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

BEHAVIOURAL COMPETENCIES

• Presentation and communication skills
• Negotiation skills
• Relationship Building and Networking skills
• Persuading and Influencing skills
• Coaching and Mentoring
• Leading and Co-ordinating

Senior Corporate Secretary

Synopsis

To provide a comprehensive range of company secretarial services in compliance with prevailing IDC corporate governance framework. The services provided by the Department include those required by various statutes and regulations, as well as “value added” services over and above the legal and regulatory minimum. The role of the Senior Company Secretary is to provide administrative support to the Group Company Secretary whose role ensures compliance with statutory and regulatory requirements specifically those specified by the Companies Act and King IV.

The role incumbent, under the guidance of the Deputy Group Company Secretary provides support to the Board Committees, Management Committees as well as to Subsidiary Companies. The role incumbent will be responsible for drafting agendas, taking accurate minutes, processing action plans and facilitating a practical committee management process. It is inherent to the role that the incumbent is honest in dealing with cash and financial transactions.

Roles and Responsibilities

• Advise on matters of corporate governance and changes in applicable legislation;
• Provide committee members collectively and individually with guidance as to their duties and responsibilities;
• Ensure that minutes of committee meetings are properly recorded and timely prepared;
• Prepare and update statutory books and records of the IDC and its subsidiaries and investee companies;
• Prepare and facilitate annual committee evaluations and address aspects that may arise;
• Ensure compliance with the IDC’s corporate governance framework;
• Tailor training sessions relevant to the Committees;
• Ensure that services provided to clients (both internal and external) meets quality specifications.

Job Requirements

EXPERIENCE:

• Minimum 8-10 years proven experience within a company secretarial or similar environment.
• Previous operations at Senior level would be advantageous.
• Knowledge of the Public Finance Management Act, 1999 and other relevant public service legislation;
• Understanding of financial services.

QUALIFICATIONS:

• A legal qualification or equivalent degree (B Com; B Com (Law); BA (Law), B. Proc, LLB);
• CIS or equivalent qualification;
• A postgraduate degree (LLM / MBA / MBL) will be an added advantage;
• Admitted Attorney will be advantageous.

TECHNICAL & BEHAVIORAL COMPETENCIES:

• In-depth knowledge of corporate governance issues, corporate law, and compliance monitoring
• A sound knowledge grasp of Company Secretarial practice and the administrative requirements imposed by corporate legislation
• Ability to conduct reviews of the regulatory framework and to conduct research
• Ability to liaise effectively at a high level;
• Strong communication skills: written and verbal
• Attention to detail [accuracy is paramount]
• Ability to work under pressure and meet tight deadline
• Ability to cope with new business demands and adhere to outlined turnaround times
• Ability to work independently, without guidance and in a team
• Ability to maintain confidential information

LEADERSHIP COMPETENCIES:

• Resilience
• Decisiveness in Execution
• People Engagement
• Communication and Engagement
• Diverse Stakeholder Management
• Innovation
• Change leadership
• Strategic Thinking
• Business Mind Set

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Secretary (FTC 6 months)

Synopsis

• Responsible for providing Secretarial and Administrative support to the Head and the team to ensure an efficient running of the Unit.
• To assist the Head and colleagues with support through planning and coordination of information to optimize workflow procedures in the Unit.
• To be the point of reference for all queries, requests or issues and be an integral part of the business unit

Job Description

Operation Process

• Collating and managing FICA/KYC compliance docs required from existing or        potential business partners.
• FICA checks
• Credit checks
• Media checks
• Delinquent register
• Liaising with Project Developers and requesting FICA information from the client.
• Obtaining the correct documents to and ensure FICA compliance

Pipeline management

• SAP Information – ensure SAP is updated by Project Developers (managing the process i.e. accuracy of information). Assist with entering data and resolving issues.
• Monitoring and reporting on the appointment of directors and steerco members in PDU project entities.
• Monitoring terminal drawing dates on the project portfolio and alerting Project Developers timeously.
• Organising team meeting including PDU Pipeline meetings, Project Review Forums, Huddles etc., circulating agendas and supporting documents as well as minute taking.
• Extracting detailed SAP pipeline reports and following up with team on agreed actions from pipeline meetings.
• Ensuring quorum requirements at above meetings as required.
• Regularly updating pipeline and drawdowns on SAP, as well as uploading applications and enquiries.

Office Management

• Requisition of stationery.
• Process project disbursement claims and follow up on payments.
• Liaise with Travel Office to ensure accurate and timeous travel bookings (including changes / amendments pre, during and post- travel), as well as delivery / forwarding of travel documents to team members.
• Accurate and timeous reconciliation and processing of team travel claims.
• Scheduling meetings and arranging venues.
• Arranging IT support for hybrid meetings.

Customer Focus & Stakeholder Management

• Provide professional secretarial support
• Provide an efficient customer service to both internal and external customers

Qualification and Experience

Qualification Requirements

• Matric
• Relevant Diploma

Knowledge and experience requirements

• 5 to 10 years proven Secretarial and Administration experience.
• The following computer skills and knowledge of office software packages are essential:
• MS Word; PowerPoint; Excel; Outlook
• Knowledge of SAP will be an advantage

Job Requirements

Technical/functional competencies

• Administration and telephone skills
• Planning and organising skills
• Attention to detail
• Ability to liaise and engage with both internal and external clients
• Customer service skills
• Computer proficiency
• Minutes taking skills
• Follow through skills

Behavioural competencies

• Interpersonal skills
• Good ethics, integrity and high level of professionalism
• Confidentiality
• Communication skills (both written and verbal)
• Ability to multi-task and thrive under work pressure
• Self-motivated and self-driven

Senior Dealmaker

Synopsis

JOB PURPOSE

To evaluate and present applications for funding and structure deals that contribute towards the SBU objectives and industry development goals. This would include performing the complex financial and/or technical and/or marketing due diligence functions across the country, as well as leading a due diligence team and ensuring risk identification and mitigation. It is also required to assist the Regional Manager with the implementation of corporate wide initiatives as and when required.

Job Description

MAIN DUTIES AND RESPONSIBILITIES

Financial / Shareholder Returns

• Evaluate and effectively structure transactions with detailed application of the organizations financing instruments.
• Ensure financial soundness of all credit submissions.

Internal / Operational Processes

• Evaluate applications for finance (financial, technical and marketing disciplines)
• Deal structuring – Designing and negotiating the financial and legal relationship between the client and the organization for the specific deal.
• Risk identification and mitigation
• Leading of due diligence teams on high value / complex transactions
• Deal optimization – ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
• Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
• Account management function up to first draw
• Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
• Conduct peer reviews on all due diligence disciplines.
• Training, mentoring and coaching of Business Analysts and Dealmakers
• Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications

Customer Focus & Stakeholder Management

• To effectively interact with different SBUs and departments in order to fulfil the process requirements related to any specific deal / transaction.
• Manage and enhance the levels of service and communication to ensure the provision of client service excellence.
• Build and maintain a strong deal pipeline
• Proactively drive new business growth in line with specific initiatives that are aligned to the SBU strategy including plan of action in respect of cold calling, presentations, travel plan, entertaining potential clients to extend the reach of the Regional Office resulting in new applications pitched and/or approved by the organization.

Learning, Leadership & People Growth

• Provide team leadership in transactions during due diligence
• Manage own development to enhance own competencies
• Participate in knowledge sharing in the team and cross functional
• Coaching and mentoring of team members

Qualification and Experience

QUALIFICATIONS

• Minimum qualification: relevant commercial or technical honours degree
• CA (SA) qualification will be an advantage

KNOWLEDGE & EXPERIENCE

• 8-10 years’ related experience of which 8 years should be in deal assessment as well as closing of transactions (i.e. management of approved deals up to first drawdown, including ensuring timely conclusion of legal agreements).
• Declared competent in three due diligence disciplines (Marketing, Technical, and Financial)
• Grounded in all three disciplines
• Transaction leadership (complex deals)
• Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
• Experience in peer review
• Experience in interpretation and analysis of financial statements
• Knowledge of the market environment and technology landscape
• Knowledge of financing instruments
• Understand and review models of proposed financial structures
• Competent in coaching and mentoring of team members.

Roles and Responsibilities

TECHNICAL/FUNCTIONAL COMPETENCIES

• Financial acumen
• Risk identification and mitigation
• Investment/Portfolio Management
• Stakeholder Management and customer focus
• Planning and organising
• Report writing skills

BEHAVIOURAL COMPETENCIES

• Presentation and communication skills
• Negotiation skills
• Relationship Building and Networking skills
• Persuading and Influencing skills
• Coaching and Mentoring
• Leading and Co-ordinating

Senior Credit Portfolio & Risk Assurance Manager

Job Description

Portfolio Managers enable the organization to protect its funding and investments and balance the level of risk in a portfolio through proactive management of risk limits while providing a complete overview of the portfolio risks that could impact the accomplishment of the organization’s strategic objectives.
This role will undertake independent oversight of the IDC portfolio to ensure its long-term sustainability on an ad-hoc and targeted basis. The risk assurance activities are crucial in embedding the intended risk culture creating awareness and understanding of risk within the organization and providing management with risk information for decision-making.
To provide reporting for the Board, through Exco, in such a manner that enables segmented analysis of risks at both product and overall portfolio levels, identifying trends, running sensitivities for concentrations and deviations to expected performance

Qualification and Experience

QUALIFICATIONS

• CA / B Com postgraduate qualification (or equivalent degree).
• MBA / FRM / CFA / PRMIA or equivalent would be an added advantage.
• IFRS 9 Technical knowledge would be an added advantage.

KNOWLEDGE AND EXPERIENCE

• 8 to 10 year’s relevant experience in a financial institution, of which a number of years must be in the risk management space.
• Knowledge and understanding of portfolio risk management life cycle and measurement of risk tolerance
• Experience working in a high-level collaborative environment
• Experienced and passionate about working with data to derive meaning and identify trends.
• Extremely organized and persistent, with drive and determination to achieve goals
• Require excellent computer skills and proficiency with Microsoft Office (Excel, Access, Word, PowerPoint)
• Exceptional planning and organizational skills: the ability to handle several complex tasks simultaneously is essential
• Proven communication skills are essential – must possess good written and verbal skills to be able to work and communicate effectively with others.
• Ability to present and communicate technical information in a clear and concise manner
• Must possess the ability to make deductions and meaning from rather complex and abstract situations and make sound decisions from these factors
• Ability to work under pressure and cope with stress in a coordinated and rational manner making decisions even under stressful/ high pressure situations
• Negotiation and interpersonal skills essential to influence people towards achieving a predetermined goal

Roles and Responsibilities

Governance and Assurance

• Formulate, monitor, and evaluate the Risk Appetite Framework, encompassing various risk and concentration limit metrics.
• Develop, review, and enhance policies, guidelines, methodologies, and procedures relating to the full credit and investment value cycle within the IDC.
• Independently assess that existing portfolios (within CS&G) are being managed in alignment with IDC policies and standards and adherence to best credit risk principles, providing a 2nd line risk assessment, and leading the development or enhancement of such policies and procedures.
• Work with credit risk and CSG managers to ensure that policy matters are relevant, fully understood and applied in a consistent manner.
• Formulate funding norms and guidelines for different asset classes.
• Monitor and report on compliance with regulatory requirements, policies, and guidelines.
• Review, maintain and update IDC’s Credit and Investment submission templates, where necessary.
• Report trends in policy and standards breaches to relevant management to ensure that policies are implemented going forward.

Portfolio monitoring

• Produce trend analysis reports such as impairment and sector risk reviews and run sensitivities for concentrations and deviations to expected performance.
• Perform proactive ongoing credit monitoring and risk management at a portfolio level, and recommend strategies to keep portfolio risks within stipulated acceptable levels.
• Understand how macro-economic factors impact the portfolio and provide risk appetite recommendations.
• Recommend stress testing of the book against approved and emerging risk parameters to be conducted by the Quantitative Modeling team and input the results into the analysis of the adequacy of capital and provisions, as well as generating updates on industry risk positions.
• Proactively manage portfolio risk by informing the organization whether it is equipped to take on more risk and how it can increase portfolio value, have a higher rate of success and maximize portfolio value.
• Use understanding of regulatory frameworks and accounting standards (incl. Capital framework / Basel III/IV and IFRS 9) to inform business strategy and decisions (capital allocation and Impairment /NPL management and monitoring).
• Independent credit risk modeling oversight.
• Monitor trends of internal risk grades and produce summary reports that provide insight as to whether rating standards, protocols, and policies are consistently applied across portfolios and sectors.
• Together with the Quantitative Modelling team propose required changes to ratings standards, protocols, and policies, including reasons for such changes.
• Provide insight into the development, selection, implementation, and ongoing review and alterations of models used in the rating process.

Reporting

• Report quarterly on portfolio positions to the IDC Executive Committee and to Board Risk & Sustainability Committee.
• Produce trend analysis reports including, amongst others, concentration limits and impairments trend analysis.
• Develop and prepare statistics, reporting on portfolio trends, and assisting the Head: RG&PM and CRO in preparation to lead the IMC processes.
• Prepare risk input for the quarterly CEO’s report.
• Provide input into strategy preparations and strategy papers and assist in the preparation of the required documentation
• Ensure that all risk information reports are comprehensive and accurate to enable decision making by management.
• Provide relevant and required information to present to lenders and rating agencies (eg: Moodys) and present as and when required.

Roles and Responsibilities (cont.)

Strategic insight

• Collaborate, consult, and enquire both internally and externally about best practices in risk assurance and portfolio management and make recommendations for the implementation of such best practices at the IDC.
• Assess, measure, and manage risk within the portfolio that could impact the accomplishment of the strategic objectives.
• Attendance of Credit Committees and Executive Policy / ALCO / & Board Risk & Sustainability meetings as and when required and respond to questions and concerns as raised at these meetings.
• Attendance of Investment Monitoring Committee and provide advice on policy matters at a portfolio, industry, and sector level, as and when required.
• Provide credit risk information sessions and workshops on templates/policies and changes as the need is identified across the organization, to embed the intended risk culture and create awareness and understanding of risk.
• Provide advisory services internally on risk policy matters and ensure adherence.
• Facilitate constructive working relations and healthy working morale with internal stakeholders.

Regulatory and Industry Alignment

• Monitor global trends, best practices, and regulatory developments in credit risk portfolio management and assurance, ensuring the organisation remains compliant and competitive.
• Liaise with regulators and external auditors, ensuring credit risk portfolio management and assurance activities meet or exceed regulatory expectations.
• Proactively manage the institution’s response to regulatory changes, ensuring seamless integration into existing risk frameworks.

Leadership and Stakeholder Engagement

• Work collaboratively with a team of risk professionals, fostering a high-performance culture focused on innovation, accountability, and excellence.
• Engage with senior stakeholders across the organization to provide expert guidance on risk-related matters, ensuring alignment with strategic goals.
• Represent the organization in external forums and discussions on credit risk portfolio management practices, promoting the institution’s reputation as a thought leader.

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

• Solution minded
• Business Acumen
• Report writing & presentation skills
• Strong attention to detail
• Project Management Skills
• Problem Solving
• Client Insights & Focus
• Strong Analytical Skills
• Planning and Organizing

BEHAVIOURAL COMPETENCIES

• Good Communication Skills
• Self-motivated and self-driven skills
• Coping with Pressures and Setbacks
• Negotiating and influencing
• Interpersonal Skills

Manager: Credit Risk – Origination

Job Description

Leadership and management of the team to deliver on the requirements of credit risk Origination, ensuring efficiencies in originating new transactions and additional funding to existing clients.
Oversee the credit origination process, ensuring that credit risk is properly assessed, packaged and mitigated at the point it is proposed.
To partner with Operations Divisions and the Strategic Business Units in the allocation of credit origination resources and/or become part of the complex client assessment team with an aim to bring credit experience, diversity of skills, lessons learned and discipline in the credit & investment risk deal structuring and assessment of transactions.
To deliver value-added skills and advisory services to the Operations Divisions and Strategic Business Units (SBUs) directly or through early-stage due-diligence process by appropriately co-identifying and mitigating risks being taken.
Packaging and offering suitable solutions and mitigations that are aligned to the risk appetite framework and credit policy of the Corporation thereby improving the quality of credit submissions and enhancing quicker turnaround, while maintaining an independent credit risk view.

Qualification and Experience

Qualifications

• CA / B Com post graduate qualification (or equivalent degree).
• MBA or equivalent would be an added advantage

Knowledge and Experience

• 10 to12 years’ experience in credit risk or senior deal structuring in a financial institution, with at least 3-5 years managing teams directly and/or indirectly.
• Proven track record in the structuring of complex transactions/projects.
• Strong and formally proven analytical and assessment skills, with ability to present technical information in a clear, concise and simple manner.
• Strong attention to detail and application of risk mitigation standards and processes
• Excellent written and verbal communication skills with strong negotiation abilities
• Must have drive and determination to achieve set goals including working under pressured and deadline-filled environments.
• Experience in liaising with senior internal and external stakeholders.
• Due Diligence experience would be an advantage.
• Strong leadership skills and ability to influence stakeholders and team members.
• Experience in working collaboratively in a high-pressured, environment.
• Ability to handle several complex tasks simultaneously and also coordinate key projects with a variety of stakeholders while building effective relationships is essential.
• Must possess the ability to make deductions and meaning from complex and abstract information and situations and make sound decisions from these factors and provide direction to the team in these instances.
• Ability to arrive at rational decisions even under stressful/ high pressure situations.
• Negotiation and interpersonal skills are essential and ability to influence people towards achieving a predetermined goal.

Roles and Responsibilities

• Lead a team of credit risk origination managers, providing guidance and oversight to deliver on their roles and responsibilities.
• While addressing and delivering the same roles and responsibilities at a very senior level, ensure the following tasks are delivered upon at an appropriate depth and levels of skill and experience:
• Providing advisory services to SBUs and Credit Origination teams on credit risk matters and assist in the structuring of deals.
• Participate in Due Diligence investigations with the SBUs & Regional Offices and provide advice on risks to be assumed, mitigating factors and viability of projects.
• Implementation of credit risk management strategies to minimize potential losses.
• Assess problematic areas and find resolutions to assist the team in providing the best practice solutions for the client and internal stakeholders.
• Preparing preliminary SWOT analysis and ensuring application of Credit policies and credit appetite framework utilizing approved standard templates.
• Participation in Basic Assessment processes and presenting the Credit Risk Opinion at Deal Development Forum chaired by the Operations Executives of the organisation.
• Assist in the provision of “indicative risk grade and pricing” and running different pricing scenarios.
• Ensure submission of final reports pack to CEMs is undertaken timeously ahead of submission into formal credit sanctioning bodies.
• Work with the deal team (including the Legal Department) to ensure efficient deal closure, including supporting condition precedent (CP) waivers and/or changes of approved credit terms, as and when necessary.
• Ensure adherence to the principle of “need to know” by treating all information received with care and confidentiality, ensuring it is limited for use to the credit evaluation process.
• Perform credit checks and deed searches on prospective and existing clients.
• Ensure the Credit Origination function adopts best governance standards related to avoidance of any transactional conflicts.
• Ensure full compliance with regulatory requirements.
• Forster and promote constructive collaboration between credit risk origination and evaluation teams, ensuring the sharing of client/project visit insights leads to accurate and efficient completion of risk assessments.
• Maintain a close working relationship with Credit Evaluation Managers (“CEM”), including co-ordination and sharing of information in the processing of new transactions and provide an option for CEMs to attend client meetings if and when required.
• As part of the team, ensure completed SBUs applications meet high submission quality standards, are in strict alignment with the applicable templates of the corporation, are fit-for purpose and have been subjected to the appropriate risk lens on structure /tenor/products and shareholder contribution and appropriate risk mitigations for identified risks.
• Custodianship of the organization’s approved Risk Appetite to front line and encourage adherence, and ensure each application is conducted in adherence of the stipulated appetite levels and internal credit policies.
• In collaboration with the legal department, seek for the adoption of a consistent approach in the drafting of standardized finance documentation as appropriate to ensure consistency of credit terms.
• Continuously assess relevance and propose enhancements to the credit risk methodologies, process and systems for assessing and managing credit risk and capital allocation.
• Working with Head CRMD, facilitate constructive and healthy working relations between Credit Risk Department and SBUs/Operations Divisions plus other internal stakeholders.

Roles and Responsibilities (cont.)

• Provide appropriate support to the Head CRMD during Deal Development Forums (DDF) and Priority Pipeline Forum as required, and act as a sounding board to Credit Origination team throughout the credit process.
• Attending and presenting at Investment Committees and EXCO meetings as and when required.
• Overall accountability and sign-off over the draw-down process, ensuring that the terms of credit committees are well documented and executed in the legal agreements and draw documents.
• Assist in clearing Conditions Precedent for first draws and sign off/approve first disbursements.
• Ensure formalised signed “handover documentation” when the origination process has been completed, and the report pack is ready for credit risk evaluation.
• Continuously engage and consult with Credit Risk Evaluation until deal closure, including ensuring that legal documentation includes Credit Risk recommendations as approved by the Investment Committee.
• Network and research to ensure that team is operating optimally and meeting the
  best practice solutions available within the market and relevant for a DFI.

Job Requirements

LEADERSHIP COMPETENCIES
Resilience
Decisiveness in execution
Diverse stakeholder management
Change leadership
Strategic thinking
Business acumen
People engagement
Communication
Teamwork
Innovation

TECHNICAL/FUNCTIONAL COMPETENCIES
Problem Solving
Report writing Skills
Strong attention to detail and data validity
Project Management Skills
Strong Analytical Skills
Planning and organizing
Client Insights & Focus

BEHAVIOURAL COMPETENCIES
Good Communication Skills
Self-motivated and self-driven skills
Coping with Pressures and Setbacks
Negotiating and influencing
Interpersonal Skills

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Click here to apply

We wish you all the best with your applications

The post IDC Jobs appeared first on Vacancies with Collen.