NedBank
Associate: Mining and Resources
This job is now closed
Job Description
- Req#: 131545
- Provide support to deal teams when originating transactions through extensive research, opportunity evaluation and proposal preparation.
- Actively participate in deal teams when implementing and monitoring transactions by:
- on-boarding clients;
- assessing due diligence outcomes;
- interrogating financial models and financial statements;
- running rating and pricing calculations and approvals;
- preparing term sheets;
- completing credit applications;
- reviewing finance documents;
- fulfilling conditions precedent;
- performing ongoing risk management, including:
- continuously assessing client performance and completing annual SEMS and credit reviews;
- complying with internal risk policies, procedures and mandates; and
- ensuring regulatory compliance (sanctions and adverse media screening and adherence to FICA or KYC regulations, policies, and procedures).
- Build and maintain strong relationships with internal stakeholders by building trust, promoting collaboration, communicating regularly, executing efficiently and complying with governance and controls.
- Support the achievement of the team’s business strategy, objectives and values by contributing to business plans and improving systems and processes.
- Get involved in ad hoc projects by providing research, advice, training, testing and implementation.
- Actively seek cross-sell opportunities for the products of other Nedbank divisions.
- Manage personal development by acting on feedback from managers and deal team members, actively accepting on-the-job training and pursuing relevant training courses.
- Stay abreast of developments in the mining, chemicals, metals, and mining services sectors.
- Stay abreast of developments in Nedbank CIB and in investment banking in general.
- Make a positive contribution towards a high-performance team culture.
- Be an ambassador of Nedbank and exhibit its purpose and values.
- Advanced Diplomas/National 1st Degrees
- CA(SA), CFA
Job Purpose
To maximize sustainable revenue streams and manage risk through implementing and monitoring long-term debt financing transactions for clients in the mining, metals, chemicals and mining services sectors across the African continent.
Job Responsibilities
Essential Qualifications - NQF Level
Preferred Qualification
Relevant Honours, CA(SA), CFA / Honours degree in Engineering, Sciences, Finance, Accounting or Law.
Honours or Masters degree in Engineering, Sciences, Finance, Accounting or Law.
Essential Certifications
Minimum Experience Level
3-5 years relevant sector / industry experience (Financial Services or other)
Minimum of 18 months of relevant experience in corporate, commercial or investment banking and/or in the mining, chemicals, metals or mining services sectors, with a preference for experience related to long-term debt transactions.
Technical / Professional Knowledge
- Business principles
- Business terms and definitions
- Business writing
- Data analysis
- Governance, Risk and Controls
- Industry trends
- Microsoft Office
- Principles of project management
- Relevant regulatory knowledge
- Oral and written communication techniques
Behavioural Competencies
- Communication
- Continuous Learning
- Collaborating
- Stress Tolerance
- Quality Orientation
- Technical/Professional Knowledge and Skills
Employment Equity Statement
Preference will be given to individuals from underrepresented groups.
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Please contact the Nedbank Recruiting Team at +27 860 555 566