Associate II, Corporate Finance and Capital Optimization at First Bank

JOB OBJECTIVE(S)

• Responsible for executing the corporate finance activities of FirstBank Group, including mergers & acquisition, capital optimization and investment management.  
• Coordinate the credit ratings process of the group to ensure the Group’s credit rating is achieved and maintained.

DUTIES & RESPONSIBILITIES

• Promote policies, processes, and guidelines to enhance corporate finance, capital management, ratings and investment activities of FirstBank Group.
• Execute inorganic growth plans (M&A, partnerships, etc) of FirstBank Group.
• Prepare the valuation of investments opportunities as well as optimization of same for value accretive purposes.
• Execute the end-to-end management of capital across all group entities, including ICAAP.
• Ensure compliance with the Group Capital Management Framework.
• Execute capital raising of all forms, including Tier I and Tier II.
• Support the actualize the allocation of capital as required to optimize shareholder value.
• Manage the Bank’s portfolio of investments to optimize returns
• Plan the evolution of the Bank’s credit rating.
• Facilitate the Bank’s credit rating process to achieve set target credit rating.
• Facilitate all other corporate finance activities of operating entities in FirstBank Group.
• Coordinate all relevant management, board and regulatory approvals for capital raising corporate finance decisions and investments of the FirstBank Group.
• Track performance of corporate finance activities post acquisition to quantify value accretion gained.
• Provide insight on the financial performance of potential targets and expected value accretion from transactions.
• Recommend optimal transaction structures for corporate finance transactions for the Firstbank Group.
• Track activities required to ensure target rating is obtained once achieved.
• Prepare reports and presentation to engage the Management Committee (MANCO) and Board of Directors on potential targets and transaction opportunities.
• Perform periodic scanning of the industry for corporate finance and investment opportunities.

JOB REQUIREMENTS

EDUCATION

• First Degree in Accounting, Economics or related discipline.
• Strong preference for postgraduate degree or other professional qualification.
• CFA, ACA, ACCA, CPA , MBA.   

EXPERIENCE 

• Minimum of 10 years working experience in corporate finance, investment banking and capital management in Financial Services or related industry.
• 6+ years of proven track record in Financial Analysis, Financial accounting and reporting.

KEY COMPETENCY REQUIREMENTS

• Professional accounting qualification such as CPA, ACCA, ACA, CPA, MBA or its equivalent plus at least 10 years post qualification years’ experience, with relevant / specific banking experience. 
• Broad understanding of banking practice.
• Excellent knowledge of financial analysis and financial accounting.