R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client is a leading asset manager and specialist investment company which manages the full range of interest bearing and developmental investments in an ethical and sustainable way. The company is dedicated to the development and empowerment of South Africa and its people, with many of their investment offerings geared towards a meaningful difference to their world.
They now seek a debt capital market analyst to join their debt capital market team.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be responsible, as part of a team of debt capital market analysts, for sourcing, collating and distilling various sources of information, to provide timeous and informed investment and trade recommendations, based on thorough analysis and sound judgement of both financial and non-financial risks, so that the funds generate alpha for the ultimate benefit of the clients invested in them;
- You will be responsible for the financial, risk and operational review of a portfolio of new and existing counterparties and listed debt instruments;
- You will be responsible for performing investment and credit research and providing investment recommendations (including oral/written submissions) to the Credit Committee on:
- Global and local research and analysis;
- Industry, economic and company-specific research and analysis;
- Analysis of SRI and non-financial factors;
- Utilising credit ratings and spread levels, direction and volatility to develop a credit trading and pricing strategy;
- You will be responsible for reviewing existing transactions to assess evolving risks and expected returns, recommending if the client funds should continue to hold the investment, buy more or sell, and – in conjunction with the dealing desk – at what proposed volume and price;
- You will be responsible for ensuring that a comprehensive, information-rich database of your portfolio of listed credit counterparties and assets in the South African markets is routinely and punctually maintained and used for investment decision-making;
- You will be responsible for deal origination:
- Actively seeking investment opportunities in the listed credit markets; including secondary markets;
- Sourcing investment opportunities for client funds;
- Analysing the appropriateness of new deals and investment opportunities;
- Developing and maintaining intermediary relations.
- You will be responsible for playing an active role in the negotiation and structure of deals, including the negotiation of DMTN’s to ASISA standards and working with external and internal legal advisors to ensure adequate protections are captured in legal documents;
- You will be responsible for providing all investment-related data for your portfolio of listed credit instruments;
- You will be responsible for active participation in valuation methods and processes including:
- Determining and ensuring that valuation methods are applied correctly;
- Aiding the team in enhancing valuation models;
- You will be responsible for participating in internal ad-hoc projects related to listed bonds, process improvements, ASISA initiatives, etc.;
- You will be responsible for participating in client investor presentations, discussions, report backs and contribute to client newsletters, thought leadership pieces and other ad-hoc marketing requirements.
CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:
- You have excellent interpersonal, presentation and communication (verbal and written) skills in English;
- You are highly organised and adaptable;
- You have a strong ethical base;
- You are passionate about investments;
- You have critical thinking and sound investment judgement;
- You are able to collaborate and work in a team;
- You are adaptable;
- You have self-motivation;
- You have the ability to synthesise multiple information sources to form an investment view that is motivated by evidence and facts;
- You have the ability to work with incomplete information and a changing economic and investment environment, when necessary;
- You have the ability to apply professional scepticism and challenge the appropriateness of management forecasts;
- You are able to display drive, purpose and initiative;
- You have a learning agility (curiosity and willingness to learn);
- You have sound planning and organising skills;
- You have the ability to show sound investment judgement that is appropriately motivated/ supported by facts, analysis and judgement;
- You have outstanding analytical skills;
- You have the ability to work under pressure and to meet multiple, tight deadlines and deliverables;
- You have demonstrated prior and existing interest in investments and financial markets;
- You have an understanding of the listed capital market, DMTN’s, pricing and trading;
- You have an understanding of structured finance – this would be a distinct advantage.
CORE QUALIFICATIONS AND EXPERIENCE:
- You are a CA(SA) and / or CFA candidate or
- You have prior asset management experience in listed credit or equity analysis, deal implementation, monitoring and instrument valuations – this would be a distinct advantage. Investment banking exp and deal making in a financial services division of a consulting firm is also relevant.
Great opportunity. Significant deal flow. Superior exposure.