Issuing House Manager at Infrastructure Bank Plc

Job Summary

• The role requires a highly motivated and proactive individual with great flexibility and initiative who will work to build a strong issuing house platform to facilitate the public issuance of securities to support infrastructure projects in Nigeria.

General Duties and Responsibilities

• Support the Head, Capital Management, in transaction origination, structuring and implementation for the bank’s issuing house business
• Supporting the bank’s issuing house business by leveraging industry knowledge and networks
• Supporting the bank’s marketing/business development efforts including the preparation of pitch books and responses to RFPs
• Conceptualising deal structures for equity and debt issuances; and helping to create novel financing solutions for infrastructure projects
• Be the repository of specific technical knowledge around the issuance of infrastructure bonds and equity products to support infrastructure development in Nigeria; including specific solutions for sub-national government entities
• Understand rating advisory and listing requirements that may be necessary to facilitate the issuance of infrastructure bonds and other infrastructure issuances in the Nigerian capital markets
• Design the structure of the work flow for specific deals, creating detailed timetables for the team to work with
• Building financial models and undertaking valuations relevant to specific transactions
• Coordinate the due diligence process for new clients, and for the securities issuance processes
• Work with other members of the team to identify and engage suitable external professionals to support the securities issuance process (issuing houses, lawyers, consultants, stockbrokers, accountants etc.)
• Engage in detailed technical and financial negotiations with clients and other parties to an issue
• Primarily responsible for all filings, mandatory public notices and documentation related to the public issuance of securities in the Nigerian capital market, working closely with the SEC, NSE, FMDQ OTC and NASD
• Responsibility for the preparation of progress reports to be delivered to executive management and the Board
• Responsibility for the preparation of Investment Teasers, Information Memorandums and Prospectuses relevant to specific transactions
• Take the lead in the issuance marketing process, including meetings and presentations to investors
• Undertake activities to enhance the firm’s visibility in the local and global Infrastructure financing space
• Cultivate strong networks within the infrastructure investment community as well as with other issuing houses, institutional investors and industry professionals
• Responsibility for developing the required internal capabilities of the issuing house team through formal training, coaching and on-the-job learning
• Provide mentoring and support to junior officers to enable professional growth and development

General Knowledge and Skills:

• Strong technical knowledge of the equity and debt capital markets, including theoretical and practical knowledge of the capital structure decision making process
• A good working knowledge of the Investments and Securities Act and the SEC Rules and Regulations, especially as it relates to the processes and procedures for the public issuance of securities
• Demonstrable track record in the public issuance of securities (equity and debt), including issuances by sub-national government entities
• Strong  analytical and financial modelling skills
• Excellent oral and written communication skills and interpersonal skills
• Good working knowledge of Microsoft Office particularly Microsoft Excel, Word and PowerPoint

Qualifications

• A strong Bachelor’s degree, preferably in a financial/numerate discipline
• Minimum of 8 years’ work experience with at least 5 years in the corporate finance/issuing house business
• Additional qualifications (CFA, MBA, ICAN, ACCA etc.) would be an added advantage