Deal Support Specialist

  • Futuregrowth Asset Management (Pty) Ltd
  • Rondebosch, Western Cape, South Africa
  • Apr 12, 2019
Permanent Admin & Clerical

Job Description

Introduction

Purpose:
To assist and support deal analysts with the deal structuring process, negotiation, implementation, execution and monitoring of deals. To be responsible for the administration of a portfolio of deals to ensure that transactions are executed, managed and monitored appropriately.
Customers:
  • Clients invested in funds
  • Credit and Equity Team
  • Specialist Administration Team
  • Credit and Equity Investment Committees
  • Counterparties and arrangers
  • Borrowers/investee companies
  • Trustees
  • Attorneys

Specification

Key Objectives:
- Supporting the credit and equity analytical team members with the execution of new transactions, and assisting with ongoing
monitoring and management of existing transactions.
  • Assisting investment analysts with the execution of new transactions includes:
- Administration of drawdown requests and ensuring that the analyst, portfolio managers and SIA are kept up to date with
drawdown progress.
- Administration of conditions precedent and liaising with the investment analyst to ensure pay-away only takes place once all CPs
have been fulfilled (or waived, with analyst's agreement).
- Collation of final legal documentation (including loan documents, security documents, CP documentation and AOD certificates),
recording and storing of same in the appropriate folder/safe/custodian.
- Interaction with trustees to send/receive appropriate documentation/information.
- Execution of the fund allocation spreadsheet and ensuring the appropriate instruction/information is communicated between
the analysts, portfolios managers and SIA
- Preparation of payment profile spreadsheets
- Liaising with the analyst and SIA to ensure the deal closure process is efficient, that all outstanding matters are resolved and that
the asset is appropriately allocated and loaded.
- Development and maintenance of deal closure and pay-away checklists and process documents.
- Administration of deal raising fees charged to counterparties and the payment of fees charged by drafting attorneys and support
services to a transaction.
  • Administration of existing transactions
- Administration of drawdown requests, ensuring all CPs continue to be met and that the analyst, portfolio managers and SIA are
kept up to date with drawdown progress.
- Liaising with the investment analyst about the fulfilment of conditions precedent (or waived, with analyst's agreement)
- Collation of final legal documentation (including loan documents, security documents, CP documentation and AOD certificates)
and storing of same in the appropriate folder/safe/custodian.
- Interaction with trustees to send/receive appropriate documentation/information.
- Execution of the allocation spreadsheet and ensuring the appropriate instruction/information is communicated between the
analysts, portfolios managers and SIA.
- Preparation of capital and interest repayment profile spreadsheets.
- Liaising with the analyst and SIA to ensure the deal closure process is efficient, that all outstanding matters are resolved and that
the asset is appropriately allocated and loaded.
- Development and maintenance of deal closure and pay-away checklists and process documents.
- Maintenance of transaction cash flow and payment profiles
- Maintenance of a diary system to ensure counterparties fulfil their contractual information updates and supporting the
investment analysts to record receipt of covenant and financial reports etc.)
- Supporting the investment analyst with the management of lender decision requests across a portfolio of project finance and
corporate transactions.
- Supporting the investment analysts with the administration of proxy voting for listed credit and equity transactions
  • Additional:
- Assist with strategic projects and initiatives.
- Assist the investment analysts (from the equity, unlisted credit and listed credit teams) to ensure deal execution, pay away and
monitoring happens effectively, consistently, timeously and efficiently.
- Enhance and implement deal execution and closure processes, checklists, procedures and best practices.
- Maintain internal records of accounts, borrower and custodian details
- Review current process and implement appropriate suggestions to improve processing efficiency.

Requirements

Technical/professional knowledge and skills:
  • B.Com qualification (preferably with Accounts II )
  • Experience in administration of corporate/structured credit deals (preferably with prior experience in Renewable Energy
transactions, deal implementation/closure)
  • Knowledge of financial instruments and financial markets an advantage
  • Computer literacy (MS Office, especially MS Excel)
Competencies:
  • Integrity
  • Analytical thinking
  • Meticulous attention to detail
  • Judgement
  • Initiative
  • Assertiveness
  • Negotiation skills
  • Excellent communication skills (verbal, written and presentation skills)

Application Deadline

May 17, 2019