Associate, Real Estate Finance AT Stanbic IBTC Lagos, NG

Job description

Investment Banking provides clients with a range of advisory and financing solutions. Specialising in high-growth emerging markets, our expert advisers work on mergers and acquisitions, capital restructurings and empowerment deals, as well as arranging finance for acquisitions, client projects and property transactions.

Job Purpose

To provide support to Senior colleagues and Unit Heads for all administrative aspects involved throughout the entire Real Estate finance value chain process (i.e. advisory, origination, debt structuring, execution and closing of projects).

Key Responsibilities/Accountabilities

• Assist in developing financial advisory and / or debt arranging mandates for identified opportunities;
• Developing and manipulation of excel spreadsheets and other comprehensive financial models for Real Estate finance transactions;
• Assist in undertaking data gathering for model / spreadsheet inputs and working alongside relevant consultants in finalizing Base Case models for debt funding transactions;
• Assist in undertaking financial analysis of company / projects and project financial statements and preparing brief internal reports based on findings;
• Assist in developing and completion of project deliverables (i.e. Information Memoranda, Project Timetable, Financial Models, Investment Teasers, Term Sheets, etc);
• Working in conjunction with other team members in putting forward innovative financing solutions to clients, the bank’s senior management and colleagues;
• Assist in preparing presentation materials and presenting deal structures to other units within the bank, at client marketing pitches and to co-financiers and investors;
• Assist in submitting Work In Progress Reports to senior management located in Nigeria and South Africa;
• Preparing transaction summaries identifying key follow-up and monitoring steps after transaction closing for the benefit of other business groups;
• Establishing, developing and maintaining relationships with existing and potential clients and accompanying other senior members of the bank at client meetings;
• Preparing and distributing client Calling Reports in a timely manner;
• Assist in handling client correspondence/contact/relationship from an office management perspective
• Assist in developing scopes of work / terms of reference for Technical, Legal, Valuation, Insurance and other relevant consultants required for validating project and company assumptions;
• Assist in undertaking “high-level” review of project documents in coordination with relevant consultants;
• Monitoring and following up on deliverables being prepared by consultants assigned to transactions;
• Assist senior members of the department in day-to-day work as delegated and carrying out other duties as required by the job;
• Provide guidance to junior members of staff in undertaking their duties;
• Provide support in allocation tasks to junior members of staff;
• Preparing files as to be ready for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division;
• Keeping abreast of developments in the local, regional and international Real Estate finance market;
• Ensure that the policies and procedures of the bank are being followed.
  KEY PERFORMANCE MEASURE
  Financial
  Assists in providing support for the preparation of business plans and budgets on a unit and department basis;
  Assist in contributing to and delivering financial targets on transactions as agreed with the line manager, personal objectives and Key Result Areas.
  Customer
  Perform calls to existing and potential customers to follow up on opportunities and support in the presenting of the bank’s credentials;
  With guidance from the respective unit head and senior colleagues, interact on a select basis with clients on mandated transactions until project achieves financial closing;
  Internal Process
  Assist in preparing and reviewing memos and proposals;
  Working with the Unit Head to ensure that all compliance issues (i.e. KYC etc) are suitably addressed;
  Ensure that the policies and procedures of the bank are being followed;
  Assist in identifying, pursuing and executing agreed business in a professional manner and within the framework as set out by the bank;
  Assist in preparing transaction summaries, assist in identifying key follow-up and monitoring steps in co-ordination with the Transaction Management Unit after transaction closing;
  Keeping the Transaction Management Unit fully up to date on transactions prior to hand-over at financial close;
  Working alongside the Transaction Management Unit in attending general asset monitoring requests;
  Taking guidance and liaising with Legal and Risk Officers to ensure all necessary documentation on transactions are suitably addressed;
  Assist in providing clarifications and responding / reacting to comments received from the Audit Division;
  Assist unit head and colleagues in the day-to-day work as delegated.

Preferred Qualification And Experience

• Bachelor or Masters Degree with minimum of Second Class Upper division (2:1) in Real Estate Development or Finance , Built Environment, Economics, Banking & Finance or other related subjects; In addition, CFA accreditation would be useful.
• Professional membership of real estate bodies such as RICS, ULI etc., would be useful;
  The job holder is expected to understand the general dynamics of the Nigerian Real Estate finance market;
  The technical skills required for the role will include computer literacy, particularly with Microsoft Word, Excel and Power Point.
  Experience
  The job applicant should have between 4 – 6 years related work experience, preferably from a finance/ real estate background.

Knowledge/Technical Skills/Expertise

The technical skills required for the role will include computer literacy, particularly with Microsoft

Word, Excel and Power Point.

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