Associate - Private Equity at Nedbank

Job Purpose

To assist with the sourcing, assessing, structuring, executing and exiting of Private Equity (PE) investments in line with Nedbank business strategy in order to generate revenue for Nedbank.

Job Responsibilities

Managed Financial and Business Results

• Assist in conducting financial, company or sector related research, analysis and due diligence on potential investments in order to provide input into the decision making process.
• Utilise research and analysis to build models and generate forecasts on potential investments enabling the PE team to present detailed, relevant information to the Investment Committee.

• Support the Principals in adding value to each portfolio company to enable it to grow its earnings in order to deliver positive fair value growth in its portfolio valuation and payment of cash returns to shareholders, achieved through regular interactions with management and shareholders.
• Contribute to the development and execution of exit strategies through assisting the Principals with the necessary research and analysis in order to optimise the return on investments.

Managed Stakeholder relationships

• Build and maintain sound professional relationships with external stakeholders through networking with contact base, other private equity investors and advisors to contribute to the delivery of investment opportunities.
• Build effective relationships with senior management and shareholders in each portfolio company by maintaining open channels of communication and by providing high quality input, and execution and delivery on business needs.

Managed Internal processes

• Contribute and assist with improving deal origination by providing ideas for multidisciplinary solutions to clients thereby refining and enhancing coverage and cross-sell opportunities.
• Collaborate with Principals in order to deliver an effective and efficient analysis of new investment opportunities - including complying with internal processes for non-disclosure agreements and conflict clearance; effective and innovative use of financial modelling and research; regular updating of internal records of new deal leads and Watch List on CRM system, and appropriate and timeous communication internally/externally.
• Assist the PE team in obtaining required internal approvals and sign-offs for new and follow-on investments and exits by drafting and assisting in the presenting of a detailed Investment Committee proposal and financial model, and coordinating internal tax, legal and compliance sign-offs.
• Assist with reliable internal reporting and valuations by providing regular and accurate feedback about each portfolio company.

Managed Self

• Support the achievement of the business strategy, objectives and values by understanding the PE Business Unit Plan.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

Improved Processes and Culture

• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

Honours/ CFA/ CA(SA)/ LLB/ MBA/B.Bus Science

Minimum Experience Level

3 years experience in a relevant industry or investment banking. Technology and/or bulge bracket consulting experience would be advantageous.

Technical / Professional Knowledge

• Business Acumen
• Business principles
• Business writing
• Data analysis
• Governance, Risk and Controls
• Principles of financial management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Relevant product knowledge

Behavioural Competencies

• Applied Learning
• Communication
• Collaborating
• Building partnerships
• Managing Work
• Technical/Professional Knowledge and Skills