Stanbic IBTC Bank: Analyst, Project Finance

Stanbic IBTC Bank Nigeria  is looking to recruit an Analyst, Project Finance.

Division Proposition
We know that success in competitive global markets relies on a clear focus, exceptional talent, a strong team ethic, and a hunger for innovation. Our investment banking division provides a challenging environment with significant opportunities for growth and the rewards that accompany market-leading success.
If you are a Analyst, Project Finance professional who can clearly demonstrate a strong entrepreneurial spirit combined with a highly developed ability to analyse and interpret market data, then we want to hear from you.

Position Description
JOB PURPOSE
To provide support to various colleagues and Unit Heads for all administrative, technical, financial aspects involved throughout the entire project finance value chain process (i.e. origination, structuring, execution and closing of projects)

KRAs
ROUTINE:
Assisting in writing credit application documents jointly with team members;
Liaise and network with (on an ongoing basis) all the areas of the bank that are dealt with (Credit, TPS, Finance, PBB, VAF, GM, IB.);
Working alongside and liaising with credit teams in preparation of financial models, Application For Facilities, Terms Sheets and Offer Letters, as well as arranging documents to be signed;
Assist in reviewing, summarizing and identification of gaps from client feasibility studies and other project reports submitted to the bank;
Assist in undertaking “market-scan” to identify target customers both locally and within the region to establish basis for potential business;
Keeping abreast of developments in the local, regional and international project finance market;
Assist in developing scopes of work / terms of reference for Market, Traffic, Legal, Insurance, Model Audit, Insurance and other revenant consultants required for validating project and company assumptions;
Assist in undertaking data gathering for model / spreadsheet inputs and working alongside relevant consultants in finalizing Base Case model;
Assist in undertaking “high-level” review of project documents in coordination with relevant consultants; 
Assist in ddeveloping and completion of project deliverables (i.e. Information Memoranda, Project Timetable, Financial Models, Term Sheets, etc);
Monitoring and following up on deliverables being prepared by consultants assigned to transactions;
Assist in reviewing, summarizing and identification of gaps from independent consultant reports; 
Assist in preparing presentation materials and presenting deal structures to other units within the bank, at client marketing pitches and to lead arranging banks;
Assist in preparation and review of internal memos and any supporting financial advisory and or debt arranging proposals for new mandates;
Attendance during negotiations with banks and other project parties;  

FINANCIAL:
Assists in providing support for the preparation of business plans and budgets on a unit and department basis;
Contributing to, and helping in delivery of financial targets on transactions as agreed with the line manager
Assist in developing financial advisory and or debt arranging mandates for identified opportunities;

CUSTOMER:
Perform calls to existing and potential customers to follow up on opportunities and support in the presenting of the bank’s credentials;
With guidance from the respective unit head and senior colleagues, interact on a select basis with clients on mandated transactions until project achieves financial closing;
Assist in handling client correspondence/contact/relationship from an office management perspective
Establishing, developing and maintaining relationships with existing and potential clients and accompanying other senior members of the bank at client meetings;

INTERNAL PROCESS:
Assist in preparing and reviewing memos and proposals;
Working with the Unit Head to ensure that all compliance issues required on all transactions (i.e. BAC approvals, Credit approvals, Country risk approvals, KYC compliance, Environmental assessments and approvals etc) are suitably addressed and documented;
Ensure that the policies and procedures of the bank are being followed;
Assist in identifying, pursuing and executing agreed businesses in a professional manner and within the framework as set out by the bank;
Assist in preparing transaction summaries, assist in identifying key follow-up and monitoring steps in co-ordination with the TMU Unit after transaction closing;
Keeping the Transaction Management Unit fully up to date on transactions prior to hand-over at financial close;
Working alongside the Transaction Management Unit in attending to waiver and other requests;
Taking guidance and liaising with Legal and Risk Officers to ensure all necessary documentation on transactions are suitably addressed;
Assist in providing clarifications and responding / reacting to comments received from the Audit Division;
Assist unit head and colleagues in the day-to-day work as delegated  and carrying out other duties as required by the job
Maintaining proper filing records;
Preparing files as to be ready for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division

REPORTS:
Developing, building and manipulation of excel spreadsheets and other comprehensive financial models / for project finance transactions
Assist in undertaking financial analysis of company / projects and project financial statements and preparing brief internal reports based on findings
Assist in submitting Work In Progress Reports to senior management located in Nigeria and South Africa;
Preparing and timely distribution of client Calling Reports;

PEOPLE:
Working in co-ordination with individuals from other divisions, and in particular members of the project finance team to enhance teamwork efforts within the division;
Take a proactive approach towards the job holders own personal learning and development;
Adhere to the core values of Stanbic IBTC Bank Plc and apply professional codes of conduct at all times;

PROBLEM SOLVING:
Apply initiative within guidance provided by the unit head and investigate jointly with other team members how to address structural and other problems on transactions on a day-to-day basis;
The job holder will be required to think “outside the box” and be extremely creative as a significant portion of tasks will not be in the form of laid-down / process driven instructions, however the job holder will occasionally need to refer some issues up the reporting line to a senior officer / fellow colleagues to brainstorm alternative innovative approaches;
Working in conjunction with other team members for putting forward innovative financing solutions to clients, the bank’s senior management and colleagues

PLANNING:
The job holder will need to ensure work is planned according to deliverables required on financial advisory type assignments and leading roles on debt arranging mandates;
The job holder will need to ensure they are flexible and responsive to changing needs of the business and market – as a result total flexibility to embrace changes within the job will need to be accommodated.

Required Skills and Qualifications
Minimum of a first degree
A masters degree in any finance / business / economics related discipline or a professional related qualification in same fields would be an advantage
A Minimum of at least two years project finance related experience, preferably from a banking background
Required Competencies
Team player;
Interpersonal skills;
Posses analytical skills;
Customer services orientated;
Computer literate, particularly with Microsoft Word, Excel and Power Point;
English is a must for undertaking the role;
Energetic;
Ability to work unsupervised
Good verbal communication
Ability to work under pressure and to tight deadlines
Attention to detail
Methodical
Diplomacy
Ability to handle multiple tasks
Result-orientated
Good numerical ability
Team player
Ability to retain optimism despite setbacks
Self-motivated.

How To Apply
Visit the Stanbic Careers Portal below and enter the Job ID: 5486. Click search

Click Here To Apply Online