Monday , February 26 2024

Nedbank Jobs in Durban – Associate: Property Finance

Website Nedbank

Job Description:

To execute and implement complex transactions with targeted clients related to lending and other structured transactions (non-vanilla lending) and to source new commercial Property Finance transactions, ensure that existing Property Finance clients are maintained, and consequently that relationship-based business potential is optimised ensuring that maximum profitability / return is derived for the Bank. To ensure that Nedbank Property Finance remains the dominant player in the Property Finance market through innovative deal making and product structuring.

Job Responsibilities:

  • Support effective execution of transactions by applying your skills, modelling, researching and analysing investment proposals.
  • Build and maintain internal stakeholder relationships by liaising and collaborating with relevant stakeholders and facilitating the sign-off of relevant transactions.
  • Build and maintain existing relationship with established Clients within Region, retaining and optimising existing business opportunities.
  • Provide internal and external client satisfaction by ensuring operational excellence in dealing with client queries.
  • Continuously evaluate and mitigate the credit risk embedded within the environment and deals, to derive the maximum risk and return situation.
  • Continuously look for creative approaches to put deals on the book.
  • Preparation of credit papers (applications, memos, updates, reviews) by conducting historical financial analysis, financial modelling & debt scoping with related commentary, Industry & competitor analysis and sanctions screening.
  • Assist with the review of legal documents by cross referencing approved terms sheets and ensure incorporation of all other commercial terms in the legal documents.
  • Manage development loans process, i.e. draws, stakeholder engagements to meet client’s requirements.
  • Develop strong relationships with new and existing clients, property brokers, estate agents and any other into financing instruments to create deals.
  • Identify new business opportunities within different divisions of Nedbank.
  • Achieve financial targets by effective acquisition of commercial and industrial property finance deals and management of the book / portfolio.

Job Requirements:

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

Qualification & Experience:

  • BCom (Accounting/Finance) or BSc in Property Studies or similar degree
  • CFA/ CA(SA)
  • 3 – 5 years’ experience in Commercial and Industrial Property Finance environment
  • 3 – 5 years’ experience in sales and client acquisition in a Commercial Property Finance environment
  • Honours/Post-graduate qualification in Accounting/Finance or equivalent
  • 3 – 5 years Deal structuring experience in Commercial Property Finance

Job Details:

Company: Nedbank

Vacancy Type: Full Time

Job Location: Durban, KwaZulu-Natal, South Africa

Application Deadline: N/A

Apply Here