Private Credit Portfolio Manager at Rand Merchant Bank

Job Description

• The Private Credit Portfolio Manager will play a pivotal leadership role in the formation of RMBN AM’s private  market overseeing the strategic sourcing, evaluation, execution, and management of the fund(s). This role  requires an experienced professional with 10+ years of experience in private credit, including a strong  background in credit analysis, financial modelling, due diligence, and deal structuring. 
• The Private Credit Portfolio Manager will be responsible for leading the initiatives and managing the team,  collaborating closely with senior management, internal teams, and external partners to originate and execute  direct investments, as well as working on partner-led investments and secondary market opportunities.  Additionally, the successful candidate will play an integral part in driving the continued development and growth  of the firm’s private market capabilities, ensuring high-quality execution of transactions and overseeing  strategic initiatives across the firm.

Responsibilities:  

The successful candidate will be responsible for the following: 

Product Design:

• Develop and evaluate legal structures from the perspective of investor suitability, taxation and regulatory compliance  
• Investment Strategy and Governance: Develop governing documents and appropriate investment strategy 
• Deal Pipeline: Source and identify potential targets for investment  

Deal Structuring and Due Diligence:  

• Lead the structuring and due diligence efforts for all investments 
• Take a lead role in overseeing the comprehensive credit analysis process  
• Evaluate financial statements, assess risk, and conduct in-depth capital structure analysis 
• Develop and maintain financial models for assessing investment opportunities 

Fund and Investment Documentation:  

• Lead the drafting of the requisition documentation for establishing and marketing the fund  
• Lead the negotiation and documentation for approved investment  

Stakeholder Engagement:  

• Lead the presentation of new investments to the investing public
• Provide investment update to the investment committee 
• Build and maintain relationships with internal and external stakeholders and regulators  

Portfolio Management, Monitoring and Review:  

• Oversee and manage the performance of the investment portfolios 
• Provide strategic insight for portfolio optimization and ensuring the investments are performing as expected.  
• Lead the periodic monitoring, review and reporting of the investment portfolio  
• Capacity Building: Lead, mentor and develop a team of professionals within the team 
• Drive key decisions with minimal supervision  

Qualifications and Experience:  

• A Bachelor’s Degree in Finance, Accounting, Economics or a related field is required 
• An MBA, CFA or postgraduate qualification will be advantageous 
• A minimum of 10+ years of experience in private credit or a similar financial services role is required  
• The candidate must have extensive experience in credit analysis, financial modelling, structuring, origination, trade execution and leadership 
• Prior experience working with private markets or investment banks is essential  
• Registration with Nigeria’s Securities & Exchange Commission (SEC) as a Sponsored Individual is desirable 

Technical Skills:  

• Proficient in financial modelling and valuation 
• In-depth knowledge of credit markets, capital structures, debt instruments and transactions structuring  
• Ability to provide opinions and recommendations to senior management, investment committees and external stakeholders both in written and verbal presentation  
• Outstanding communication and presentation skills 
• Strong organisation and project management skills with the ability to oversee multiple priorities and ensure timely, high-quality execution in a dynamic and fast-paced environment 

General Competencies:  

• Self-started  
• Highly self-motivated with the ability to lead 
• Entrepreneur mindset  
• Collaborative, strategic thinker who can work well with senior management and other key stakeholders  
• Result-oriented, detail-driven, and committed to excellence and the highest standard of quality and professionalism