Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
Investment Banking provides clients with a range of advisory and financing solutions. Specialising in high-growth emerging markets, our expert advisers work on mergers and acquisitions, capital restructurings and empowerment deals, as well as arranging finance for acquisitions, client projects and property transactions.
Job Purpose
The primary purpose of the job is to actively contribute towards achieving the goals of the DCM team by:
Support origination of DCM transactions in Nigeria, with corporate entities, supra nationals, sub-nationals and related entities
Manage or assist manage transaction execution across all product categories including; vanilla bonds and commercial papers, equity linked and structured credit products, as well as supervising analysts in the deal team
Contributing towards generation of ideas that lead to product innovation, better transaction management and zero tolerance lapses in fulfilment of compliance requirements
Integration with the various Global Markets, credit structuring and sales platforms, and making use of these areas and technology to incorporate derivatives or other strategic solutions within a financing structure (structured capital markets)
Assisting with origination and growth of cross border DCM opportunities, thus playing a strong role in the further development of the Standard Bank Group’s DCM franchise
Building close relationship with investors
Participating in industry advocacy and contributing to the overall growth of the Nigerian Debt Capital Markets.
Key Responsibilities/Accountabilities
Technical:
Research & Data mining capabilities - Ability to retrieve data from a wide variety of data sources and interpret and present accurate and dependable data
Analytical and quantitative background
Understanding of DCM and structured products
Understanding of debt capital markets documentation and processes
Understanding of ratings process
Accurately interpret and apply regulatory legal concepts
Project management
Business writing and presentation skills.
Project Management:
Pitch book development and preparation of other client marketing materials
Assist with transaction structuring
Lead transaction execution and manage the members of the deal team
Prepare transaction documentation including prospectus, term sheet, financial models, presentations and marketing materials
Work with the legal team to review all legal documentation, as well as participate in negotiating transaction agreements
Coordinate and manage relationships with all transaction parties
Assist senior members of the department in day-to-day work as delegated and carrying out other duties as required in addition
Understanding of transaction timelines and deliverables
Client liaison where required
Assist in spotting origination opportunities for both domestic and international DCM transactions
Actively drive investor engagement and distribution
Record filing and management - Maintaining proper filing records
Salesforce updates
Revenue tracking
Marketing support
Industry awards co-ordination.
Risk and Compliance:
Knowledge of SICL’s procedures manual - Ensure that transactions are executed in line with the relevant rules and regulations and internal Corporate Finance procedures
Supervise junior team members (analysts) to acquire knowledge of and apply “Departmental Operating Manual” for DCM unit
Supervise and monitor analysts to ensure compliance with KYC, mandate approval process, conflicts clearance and other internal processes for all transactions
Adherence to the SEC Code of Conduct for Capital Market operators
Engagement with the regulators, particularly the Nigerian Securities and Exchange Commission, The Nigerian Stock Exchange, National Pension Commission and the FMDQ rules governing the issuance of public securities and other transactions
Satisfactory internal compliance and audit ratings
Knowledge of the CBN regulatory guidelines
Knowledge of Salesforce reporting standards
Adherence to the Group’s Conflicts Clearance process
Participation in the mandatory Compliance trainings
People:
Personal development
Knowledge share
People Management
Support development of the Investment Banking Analyst Pool
Attitude:
Self-motivated
Committed to excellence
Good team spirit
Humble
Confident
Well-mannered/ respectful
Pride in our Brand
Hard working
Willingness to volunteer for adhoc projects - Assist with special ad-hoc projects, presentations and initiatives as assigned.
Live the Group's values
Cross-Sell and Maintaining Internal Relationships:
Investment Banking Team
Coverage Teams
Global Markets Team
Transactional Products & Services Team
Stockbroking Team
Wealth and Investment Team
CIB Legal Team
IB Finance Team
Company Secretariat.
Developing External Stakeholder Relationships:
Clients
Regulators
Representation at industry or regulatory committees
Actively monitor changes to the rules and regulations pertaining to capital and money market activities
Investors
Building close relationship with investors
Coordinate and manage relationships with all transaction parties
Preferred Qualifications and Experience
Qualifications
First Degree in Finance and Accounting, Mathematical Sciences
Further education such as a master’s and / or professional certification such as ACA / CA / CIMA / CFA / membership of a professional society may be an advantage
Experience
Investment Banking:
3-4 Years
Evidence of the provision of transaction origination support, execution support and administrative support to the associates, managers and unit heads of the corporate finance business. Experience within debt capital markets or debt advisory/lending in Nigeria or other emerging or developed markets would be important.
Finance:
3-4 Years
Evidence of working in and understanding finance, financial statement analysis
Corporate Banking:
3-4 Years
Evidence of providing transaction origination support, managing client relationships
Interpreting Financial Statements - The ability to interpret financial reports, measure performance and execute key ratio analyses
An in depth, experiential understanding of more advanced analyses and the way in which financial ratios, trends, business and value drivers interact.
Legal Compliance - ability to comply with relevant legislation, regulatory and professional standards.
Financial Industry Regulatory Framework - Insight into and understanding of the various laws and regulations regulating the financial services industry.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should: Click here to apply online