Vice President, Debt Capital Markets at Stanbic IBTC

Location: Lagos Island, Lagos
Job ID: 65089
Job Sector: Banking
Country: Nigeria
Region / State / Province / District: Lagos
Work Arrangement: Fully Office Based

Job Purpose
The primary purpose of the job is to actively contribute towards achieving the goals of the Debt Capital Markets (DCM) team by:

• Coordinating / leading origination of DCM transactions in Nigeria with corporate entities, supra nationals, sub-nationals and related entities
• Responsible for DCM bottom line, not just in origination to meet revenue targets, but also proactive cost management. Ownership of budgeted revenue targets
• Management of transaction execution across all product categories including; vanilla bonds and commercial papers, equity linked and structured credit products, as well as supervising associated and analysts in the deal team

Key Responsibilities / Accountabilities
Technical:

• Research & Data analysis capabilities - Ability to advise clients reliably by being able to interpret and present accurate and dependable data analysis
• Analytical and quantitative background
• Understanding of debt capital markets concepts and structured products
• Understanding of debt capital markets documentation and execution processes
• Understanding of ratings process
• Accurately interpret and apply regulatory and complex legal concepts
• Good project management skills
• Strong communication (business writing and presentation) skills.

Project Management:

• Responsible for maintaining client relationships and trusted advisor status
• Responsible for spotting origination opportunities for both domestic and international DCM transactions
• Coordinating client pitches and overseeing pitch book development and preparation of other client marketing materials
• Responsible for transaction structuring
• Supervise transaction execution and management of the deal process across multiple live transactions
• Client liaison
• Supervise transaction documentation process including prospectus, term sheet, financial models, presentations and marketing materials
• Work with the legal team to review all legal documentation, as well as leading negotiation of transaction agreements
• Coordinate and manage relationships with all transaction parties
• Lead investor engagement strategies and distribution
• Record filing and management – Supervise maintenance of proper filing records
• Salesforce updates
• Revenue tracking
• Marketing support.
• Industry awards submission supervision

Risk and Compliance:

• Knowledge of and contribution to SICL’s procedures manual - Ensure that transactions are executed in line with the relevant rules and regulations and internal Corporate Finance procedures
• Supervise junior team members (associates and analysts) to acquire knowledge of and apply “Departmental Operating Manual” for DCM unit
• Supervise and monitor associates and analysts to ensure compliance with KYC, mandate approval process, conflicts clearance and other internal processes for all transactions
• Adherence to the Nigerian Securities and Exchange Commission (“SEC”) Code of Conduct for Capital Market operators and recognised as a SEC sponsored individual
• Active and regular engagement with the regulators, particularly the SEC, The Nigerian Stock Exchange, National Pension Commission and the FMDQ rules governing the issuance of public securities and other transactions – membership of regulatory committees, etc.
• Responsible for ensuring satisfactory internal compliance and audit ratings
• Knowledge of the CBN regulatory guidelines
• Knowledge of Salesforce reporting standards
• Adherence to the Group’s Conflicts Clearance process
• Participation in the mandatory Compliance trainings and coordination.

People:

• Personal development
• Knowledge share
• People Management
• Support development of the Investment Banking Analyst Pool and technical abilities of associates

Minimum Qualifications and Experience

• First Degree in Economics, Accounting, Finance or General Social Science
• Further education such as a Master’s and / or professional certification such as ACA / CA / CIMA / CFA / membership of a professional society will be considered favourably
• Minimum of 7 years experience in Investment Banking (corporate finance), Private Equity, or Leverage Finance)
• Minimum of 7 years experience in managing funds or portfolios for investors. Providing financial advice and services to private and corporate clients about a range of investment securities, including buying and selling equity or debt. Engages in regular research to assess financial information and investment opportunities
• Minimum of 7 years experience working in and understanding complex legal and regulatory concepts, managing transaction execution with acumen for documentation drafting for domestic and international capital markets transactions. Previous experience in a top Nigerian law firm or renowned international law firm will be an advantage.