Career Opportunities at Stanbic IBTC Bank

Job ID: 34865
Location: Lagos
Job Sector: Investment Banking

Job Details

• Investment Banking provides clients with a range of advisory and financing solutions. Specialising in high-growth emerging markets, our expert advisers work on mergers and acquisitions, capital restructurings and empowerment deals, as well as arranging finance for acquisitions, client projects and property transactions.

Job Purpose

• To provide transaction, execution and structuring support, and closing of all financing transactions undertaken within the E&I and the larger Investment Banking Unit
• To work in co-ordination with other team members/units and towards achieving performance targets, ensure zero / minimal risk exposure to Stanbic IBTC Capital and Stanbic IBTC Bank PLC
• To assist in coaching colleagues of similar or junior grade
• To participate in marketing efforts / initiatives to generate additional IB revenues from new/existing clients in the E&I space
  

Key Responsibilities

• Assist in the origination and execution of transactions for both existing and prospective clients
• Assist in obtaining the requisite approvals for mandates, (including preparation of NBAC and MAC submissions);
• Assist in the preparation of mandate letters
• Provide support in respect of debt advisory and debt arranging mandates; Review and structuring of project documentation; and due diligence reports;
• Review and interrogation of financial models, preparation of Terms Sheets and Offer Letters and any other transaction documents, as well as arranging documents to be signed;
• Assisting in providing supporting materials for writing credit application documents jointly with the Credit Team, submitting and presenting all requisite approval documents;
• Assist in developing and completion of transaction deliverables (i.e. Information Memoranda, Transaction Timetable, Financial Models, Term Sheets, etc);
• Working in conjunction with other team members for putting forward innovative financing solutions to clients, the bank’s senior management and colleagues;
• Preparation of marketing documentation and participation in presentations;
• Participate in the development and maintenance of client relationships (visiting clients with senior bankers to deliver pitches); Monitoring industry trends in the Oil, Gas, Power and Infrastructure sectors;
• Assist in day-to-day administrative work as delegated and carrying out other duties as required by the job;
• Ensure an understanding of and compliance with the policies, procedures and processes of the bank;
• Liaise and assist in driving ancillary revenues by engaging with other teams (on an ongoing basis). Such teams include Credit, Transactional product services, Finance, Business Banking, Global Markets e.t.c
• Coaching of junior colleagues to ensure they are motivated and can support the team objectives.

Preferred Qualification and Experience
Qualifications

• Bachelor’s degree or equivalent
• A Master’s Degree would be advantageous; however this is not deemed a prerequisite for effectively undertaking the role - relevant professional related qualification would also suffice.
• International Certificate in Finance and Accounting

Knowledge/Technical Skills/Expertise
Technical Competencies:

• Credit delivery
• Loan processing
• Debt Consolidation
• Legal Collections
• Operating cash flow analysis
• Financial statement analysis

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Job ID: 34862
Location: Lagos Island
Job Sector: Investment Banking

Job Details

• Investment Banking provides clients with a range of advisory and financing solutions. Specialising in high-growth emerging markets, our expert advisers work on mergers and acquisitions, capital restructurings and empowerment deals, as well as arranging finance for acquisitions, client projects and property transactions.

Job Purpose
The primary purpose of the job is to actively contribute towards achieving the goals of the DCM team by:

• Support origination of DCM transactions in Nigeria, with corporate entities, supra nationals, sub-nationals and related entities
• Manage or assist manage transaction execution across all product categories including; vanilla bonds and commercial papers, equity linked and structured credit products, as well as supervising analysts in the deal team
• Contributing towards generation of ideas that lead to product innovation, better transaction management and zero tolerance lapses in fulfilment of compliance requirements
• Integration with the various Global Markets, credit structuring and sales platforms, and making use of these areas and technology to incorporate derivatives or other strategic solutions within a financing structure (structured capital markets)
• Assisting with origination and growth of cross border DCM opportunities, thus playing a strong role in the further development of the Standard Bank Group’s DCM franchise
• Building close relationship with investors
• Participating in industry advocacy and contributing to the overall growth of the Nigerian Debt Capital Markets.

Key Responsibilities/Accountabilities
Technical:

• Research & Data mining capabilities - Ability to retrieve data from a wide variety of data sources and interpret and present accurate and dependable data
• Analytical and quantitative background
• Understanding of DCM and structured products
• Understanding of debt capital markets documentation and processes
• Understanding of ratings process
• Accurately interpret and apply regulatory legal concepts
• Project management
• Business writing and presentation skills.

Project Management:

• Pitch book development and preparation of other client marketing materials
• Assist with transaction structuring
• Lead transaction execution and manage the members of the deal team
• Prepare transaction documentation including prospectus, term sheet, financial models, presentations and marketing materials
• Work with the legal team to review all legal documentation, as well as participate in negotiating transaction agreements
• Coordinate and manage relationships with all transaction parties
• Assist senior members of the department in day-to-day work as delegated and carrying out other duties as required in addition
• Understanding of transaction timelines and deliverables
• Client liaison where required
• Assist in spotting origination opportunities for both domestic and international DCM transactions
• Actively drive investor engagement and distribution
• Record filing and management - Maintaining proper filing records
• Salesforce updates
• Revenue tracking
• Marketing support
• Industry awards co-ordination.

Risk and Compliance:

• Knowledge of 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 (analysts) to acquire knowledge of and apply “Departmental Operating Manual” for DCM unit
• Supervise and monitor analysts to ensure compliance with KYC, mandate approval process, conflicts clearance and other internal processes for all transactions
• Adherence to the SEC Code of Conduct for Capital Market operators
• Engagement with the regulators, particularly the Nigerian Securities and Exchange Commission, The Nigerian Stock Exchange, National Pension Commission and the FMDQ rules governing the issuance of public securities and other transactions
• 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

People:

• Personal development
• Knowledge share
• People Management
• Support development of the Investment Banking Analyst Pool

Attitude:

• Self-motivated
• Committed to excellence
• Good team spirit
• Humble
• Confident
• Well-mannered/ respectful
• Pride in our Brand
• Hard working
• Willingness to volunteer for adhoc projects - Assist with special ad-hoc projects, presentations and initiatives as assigned.
• Live the Group's values

Cross-Sell and Maintaining Internal Relationships:

• Investment Banking Team
• Coverage Teams
• Global Markets Team
• Transactional Products & Services Team
• Stockbroking Team
• Wealth and Investment Team
• CIB Legal Team
• IB Finance Team
• Company Secretariat.

Developing External Stakeholder Relationships:

• Clients
• Regulators
• Representation at industry or regulatory committees
• Actively monitor changes to the rules and regulations pertaining to capital and money market activities
• Investors
• Building close relationship with investors
• Coordinate and manage relationships with all transaction parties

Preferred Qualifications and Experience

Qualifications

• First Degree in Finance and Accounting, Mathematical Sciences
• Further education such as a master’s and / or professional certification such as ACA / CA / CIMA / CFA / membership of a professional society may be an advantage

Experience
Investment Banking:

• 3-4 Years
• Evidence of the provision of transaction origination support, execution support and administrative support to the associates, managers and unit heads of the corporate finance business. Experience within debt capital markets or debt advisory/lending in Nigeria or other emerging or developed markets would be important.

Finance:

• 3-4 Years
• Evidence of working in and understanding finance, financial statement analysis

Corporate Banking:

• 3-4 Years
• Evidence of providing transaction origination support, managing client relationships

Knowledge/Technical Skills/Expertise
Technical Competencies:

• Interpreting Financial Statements - The ability to interpret financial reports, measure performance and execute key ratio analyses
• An in depth, experiential understanding of more advanced analyses and the way in which financial ratios, trends, business and value drivers interact.
• Legal Compliance - ability to comply with relevant legislation, regulatory and professional standards.
• Financial Industry Regulatory Framework - Insight into and understanding of the various laws and regulations regulating the financial services industry.

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Job ID: 34857
Location: Lagos
Job Sector: Investment Banking

Job Details

• This team focuses on the Real Estate equities portfolio in South Africa and the rest of our African operations, spanning Joint Ventures and Affordable Housing Development, which supports our commitment to meaningful transformation by providing high-quality homes for low-income households.

Job Purpose

• To provide deal execution management, guidance and support to junior colleagues (both associates and analysts) for all transactional and administrative aspects involved throughout the entire Real Estate finance value chain process (i.e. advisory, origination, debt structuring, execution, financial close and ongoing transaction monitoring for all projects).

Key Responsibilities/Accountabilities
Identifying and developing opportunities:

• Assist in developing debt structuring/arranging and / or advisory mandates for identified opportunities

Developing comprehensive financial models:

• Developing and manipulation of excel spreadsheets and other comprehensive financial models for Real Estate finance transactions

Data gathering and base case development:

• Assist in undertaking data gathering for model / spreadsheet inputs and working alongside relevant consultants in finalizing Base Case models for debt funding transactions

Financial Analysis:

• Assist in undertaking financial analysis of company / projects and project financial statements and preparing brief internal reports based on findings

Developing and managing deal execution and project deliverables:

• Assist in developing and managing execution of deal and project deliverables during the entire transaction value chain (this will include but not limited to the following;- preparation and review of Information Memorandum, , Transaction Timetables, Financial Models, Internal Transaction Documents (i.e. Pre Credit papers and Credit Papers, Investment Teasers, Term Sheets, Loan Documentation etc)

Developing innovative financial solutions:

• Working in conjunction with other team members in putting forward innovative financing solutions to clients, the bank’s senior management and colleagues

Preparing presentation materials:

• Assist in preparing presentation materials and presenting deal structures to other units within the bank, at client marketing pitches and to co-financiers and investors

Submitting work In Progress Reports:

• Assist in submitting Work In Progress Reports to senior management located in Nigeria and South Africa

Transaction monitoring:

• Preparing transaction summaries identifying key follow-up and monitoring steps after transaction closing for the benefit of other business groups

Establishing and maintaining relationships with clients:

• Establishing, developing and maintaining relationships with existing and potential clients and accompanying other senior members of the bank at client meetings

Preparing client calling reports:

• Preparing and distributing client Calling Reports in a timely manner

Transaction consultant monitoring:

• Monitoring and following up on deliverables being prepared by consultants assigned to transactions

Assisting senior colleagues:

• Assist senior members of the department in day-to-day work as delegated and carrying out other duties as required by the job

Provide guidance and allocate tasks to junior members of staff:

• Provide guidance to junior members of staff in undertaking their duties
• Provide support in allocation tasks to junior members of staff

Preparing files for audit:

• Preparing files as to be ready for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division

Staying up-to-date on relevant market information:

• Keeping abreast of developments in the local, regional and international Real Estate finance market

Ensure adherence to policies:

• Ensure that the policies and procedures of the bank are being followed.

Preferred Qualification and Experience
Qualifications:

• Bachelor's Honours Degree in Built Environment, Economics, Accounting, Banking & Finance, Engineering or other related subjects
• Bachelor or Master’s Degree with minimum of Second Class Upper division (2:1) In addition, CFA accreditation would be useful. CFA accreditation, Professional membership of real estate bodies such as RICS, ULI etc., would be useful.

Experience:

• The job applicant should have between 8 - 10 years related work experience, preferably from a real estate finance/ project finance/ advisory background.

Knowledge/Technical Skills/Expertise
Key Performance Measures:

Customer:

• Perform calls to existing and potential customers to follow up on opportunities and support in the presenting of the bank’s credentials. With guidance from the respective unit head and senior colleagues, interact on a select basis with clients on mandated transactions until project achieves financial closing.

Financial:

• Assists in providing support for the preparation of business plans and budgets on a unit and department basis

Internal Process:

• Assist in preparing and reviewing memos and proposals;
• Working with the Unit Head to ensure that all compliance issues (i.e. KYC etc) are suitably addressed;
• Ensure that the policies and procedures of the bank are being followed;
• Assist in identifying, pursuing and executing agreed business in a professional manner and within the framework as set out by the bank
• Assist in preparing transaction summaries, assist in identifying key follow-up and monitoring steps in co-ordination with the Transaction Management Unit  after transaction closing;
• Keeping the Transaction Management Unit fully up to date on transactions prior to hand-over at financial close;
• Working alongside the Transaction Management Unit in attending general asset monitoring requests;
• Taking guidance and liaising with Legal and Risk Officers to ensure all necessary documentation on transactions are suitably addressed;
• Assist in providing clarifications and responding / reacting to comments received from the Audit Division;
• Assist unit head and colleagues in the day-to-day work as delegated.

People:

• Working in co-ordination with individuals from other divisions, and in particular members of the investment banking team to enhance teamwork efforts within the division;
• Take a proactive approach towards the own personal learning and development;
• Escalate feedback on junior staff performance to Senior colleagues and Unit Heads;
• Adhere to the core values of Stanbic IBTC and apply professional codes of conduct at all times.