Purpose of the Job
To review funding applications, business plans and rental space applications (appraisals); manage the LNDC’s investment projects portfolio from initial evaluation to implementation and monitoring stages; and perform desk officer duties on LNDC equity portfolio. The Officer will also perform financial appraisals on DF instruments (Partial Credit Guarantee – PCG; Quasi Equity; Project Preparation Fund – PPF). The incumbent reports to the Development Finance Manager (Projects).
Key responsibilities
The successful candidate will be accountable for the following functions:
- Perform comprehensive financial due diligence on investment opportunities and rental space applications to ascertain project risk, viability and determine financing needs;
- Prepare multi-dimensional investment memorandums for presentation to Investment and Allocation Committees;
- Review and process project agreements;
- Liaises with PFIs to address questions and concerns about guaranteed loans (PCG).
- Monitor performance of LNDC’s equity investments and act as desk officer for subsidiaries;
- Facilitation and participation in preparation of rescue plans for ailing equity companies;
- Preparation of periodic reports on the status of the portfolio companies;
- Ensure adherence to LNDC credit and investment policies and procedures;
- Engage with potential investors and applicants to understand their needs, answer their questions and collect information; originate proposals for DF instruments; and
- Perform assessments of investment opportunities based on application information and business proposals to identify pipeline of viable projects; and qualifying applications on development finance instruments.
Knowledge, skills and behavioural attributes
- Experience conducting financial due diligence, including financial statement analysis, cash flow forecasts and trend/ratio analysis.
- Strong understanding of credit guarantee schemes.
- Excellent knowledge of credit processes, policies and procedures.
- Experience in credit and financial analysis experience.
- Excellent analytical, interpersonal, organisational and communication skills
- Ability to manage multiple projects simultaneously.
- Strong computer skills, especially in Microsoft Excel.
- Strong computer experience
Qualifications and Experience
Degree in Development Finance, Finance, Accounting, Economics, Business Administration, Statistics or similar field
Minimum of 3 years’ experience in credit management environment or similar environment. A qualification or experience in project management will be an added advantage.
Term of Contract
Permanent and Pensionable terms
Remuneration and Benefits
The Corporation offers a competitive remuneration package for the position
How to Apply:
Interested, suitably qualified and experienced candidates should email their applications accompanied by educational certificates and transcripts in PDF FORMAT ONLY to [email protected]. Job title must be used as the subject heading. Closing date is Wednesday 18th August 2021 at 17:00.
To apply, candidates MUST download and fill an application form. Detailed job descriptions are also available on the website.
Enquires: HR Office – +266 2231 2012
Disclaimer: Only short-listed applicants will be contacted. The Corporation reserves a right to appoint suitable candidates that meet application requirements. No late applications will be accepted