Regional Manager - Mpumalanga

About the position

A leading Funds-focused organisation is seeking the Regional Manager to be based in Mpumalanga and support the Mpumalanga province. The Regional Manager will require great experience in managing/supervising a team, has to come from finance background and have a strong sense of initiative.

Outputs:

• Effectively screen, prepare and refer quality applications to Funds in line with organisation mandate and turnaround times.
• Ensuring that all applications received are screened; declined or withdrawn in no more than 5 days on CRM.
• Limit formal complaints on all received applications to no more that 3% of total applications screened for the period.
• Ensure that acknowledgement letters are sent to clients within 3 days.
• Ensure that majority of packaged applications that were referred to the Funds should be approved by an Investment Committee
• At least 50% of approved deals must have been presented by the Regional Manager to an Investment Committee.
• Help ensure that deals approved are committed within required turnaround times
• Help ensure that deals approved and committed are disbursed to clients within required turnaround times
• Conduct Post Investment Unit monitoring and reporting of allocated portfolio of investments in your Province under the supervision of the Senior Post Investment Associate and Post Investment Manager as per agreed outputs.
• Assist in completing the Portfolio Impairments model on a quarterly basis
• Work closely with the Legal Department on litigation matters with a view to maximising legal collections and bring these matters to closure
• Ensure that you meet your collection and impairment rates targets per year

Experience / Skills Required

• Have a working knowledge of SA Corporate law including the Companies Act
• Minimum of five years’ experience in the SME funding environment, venture capital and/or development finance arenas
• Sound technical and industry knowledge of the SME environment
• Well-developed business networks and proven ability to generate deal flow
• Strong technical and industry knowledge of the BBB-EE financing market including understanding of evolution of BBB-EE financing and BBB-EE Codes of Good Practice
• Working knowledge of BBB-EE financing structures, equity investments and mezzanine financing structures
• Some understanding of corporate finance disciplines such as valuation techniques
• Working knowledge of financing documents such as sale and purchase agreement and shareholders agreements.
• Strong credit and risk analysis skills
• Previous experience in managing people / professional teams
• Well-developed presentation, written and verbal communication skills
• Strong inter-personal skills
• Strong organizational and strategic orientation
• Previous experience in managing an SME financing business Unit as well as a corporate finance business unit within a development finance environment.

Qualifications:

Essential

• B Com, B Com (Hons), CFA, CA (SA), MBA, B. Engineering

Preferable

• Post graduate degree in Finance, Accounting and/or Tax, and/or Auditing

Desired Skills:

• Execute at Speed with respect to recruitment
• Meeting Customer Needs
• Quality Conscious
• Managing Relationships
• Analysis and Judgment
• Open and effective communication
• Critical thinking