Principal: TS Sales (Power & Infrastructure)
Johannesburg, ZA
Job Purpose
To maximize sustainable revenue streams through the origination and implementation of profitable specialised debt financing transactions and transactional banking in various South African sectors.
Job Responsibilities
- Build strong working relationships with internal stakeholders by networking; fostering collaboration; regular communication and complying with the governance and controls.
- Build and maintain external stakeholder relationships by networking / conferencing; maintaining regular contact; ongoing communication; site visits and pitching and implementing ideas and solutions.
- Strong understanding of Transactional Banking, short term funding and trade finance products and services.
- Pro-actively originate, submit proposals / term sheets to existing and new clients and implement short term funding, trade finance and transactional banking transactions.
- Lead the sector strategy for Transactional Services by researching growth vectors in the sector and positioning it to management.
- Manage the budgeting process for the sector, performance against budget and relevant reporting.
- Execute credit approval process by preparing credit papers for annual reviews and new credit facilities, incorporating the business motivation, funding analysis, term sheet, rating; pricing, market and industry comparatives, etc.
- Ability to review and unpack financial models and conduct analyses thereon.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Research and make recommendations for corporate citizenship initiatives in area of influence
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Ensure compliance by sanctions checking and adhering to (FICA; Internal and Environmental) regulations; policies and procedures.
- Execute Transactional Banking processes by understanding client requirements, preparing and presenting pricing papers through constructive communication and consultation.
- Manage deal implementation by structuring; negotiating and attending to legal matters and Conditions precedent (CP).
- Ensure ongoing risk management by reviewing risk annually; assessing performance; undertakings; client visits and engaging with internal and external stakeholders. .
- Improve performance of team by providing associates with on the job training; knowledge sharing and identifying suitable formal and informal training.
Job Responsibilities continue
- Get involved in non-deal specific projects by providing expert advice and training; testing and implementing.
- Execute transactions by structuring; analysing; negotiating; managing and pitching the deal.
- Manage costs and contribute to Business Unit cost efficiency by operating within the allocated budget.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
- Enable skilling and required corrective action to take place by sharing knowledge and industry trends with teams and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
Chartered Accountant (SA), Chartered Financial Analyst, Masters Degree in Commerce, Sciences, Legal or other relevant field
Minimum Experience Level
8-12 years relevant sector / industry experience is preferable
Technical / Professional Knowledge
- Banking procedures
- Business Acumen
- Industry trends
- Microsoft Office
- Principles of project management
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Risk management process and frameworks
- Business writing skills
- Cluster Specific Operational Knowledge
Behavioural Competencies
- Customer Focus
- Work Standards
- Building partnerships
- Advancing Sales Discussions
- High-Impact Communication
- Managing Work
- Sales Disposition
- Sales Negotiation
Employment Equity Statement
Preference will be given to individuals from underrepresented groups.
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Please contact the Nedbank Recruiting Team at +27 860 555 566