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 listed credit analyst to join their fixed interest team.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be responsible, as part of a team of listed credit 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 our 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 our 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; and
- Developing and maintaining intermediary relations.
- Playing an active role in the negotiation and structure of deals, including the negotiation of DMTNs 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 the ability to show sound investment judgement that is appropriately motivated / supported by facts, analysis and judgement;
- You have excellent analytical and communication (verbal, written and presentation) skills in English;
- 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;
- You are passionate about investments;
- You have critical thinking and sound investment judgement;
- You are able to collaborated and work in a team;
- You are adaptable;
- You are self-motivated;
- You have an ability to synthesise multiple information sources to form an investment view that is motivated by evidence and facts;
- You have an ability to work with incomplete information and a changing economic and investment environment, when necessary;
- You have an ability to apply professional scepticism and challenge the appropriateness of management forecasts;
- You are able to display drive, purpose and initiative;
- You have learning agility (curiosity and willingness to learn);
- You have excellent planning and organising skills.
CORE QUALIFICATIONS AND EXPERIENCE:
- You are a CA(SA) and / or CFA candidate or similar – this would be a distinct advantage. At least a B.Com finance honours – this is a requirement.
- You have prior asset management experience in listed credit or equity analysis, deal implementation, monitoring and instrument valuations – this would be a distinct advantage.
GREAT team – superb exposure! Career enhancing role!