To profitably manage the African Debt Capital Markets business, including the origination, syndication and execution of all fixed income transactions.
Primary Responsibility - To develop / evaluate the pan-African Debt Capital Markets business – both for international (G3) currencies as well as for select local African currencies. To drive the business within the Bank’s directed strategy and to continue to drive the business forward striving for sustainable competitive advantage and profitability.
To establish SCB as a “name” player in the African debt markets and up-tier SCB’s market presence.
To effectively manage all aspects of the Debt Capital Markets business for the dedicated African geographies , reporting to Head of Capital Markets, Africa in Johannesburg.
To be responsible for Origination, Syndication and Execution of all Fixed Income transactions (including documentation, due diligence, legal liaison, regulatory, etc.) and maintaining a professional marketing standard in all printed/written communication to clients
To manage the DCM (Syndication and Origination) team, in Country.
To work effectively and as a team with both Fixed Income Sales and Trading teams.
To work effectively with other DCM teams in other countries.
To work with Syndications group, Project- and Leveraged Finance as well as FIG Solutions group in developing opportunities and cross selling.
To liaise and work with C&IB (is that Corporate & Investment Bank – not sure if that is applicable?) teams in-country including education of RMs on Structured Fixed Income Products
To liaise and work with the rest of Global Markets (locally as well as in the key centres).
To be responsible for all deal flow, representation at Pipeline and Underwriting committee.
To work effectively with the Derivatives- and Structuring team on derivative transactions in conjunction with fixed income transactions and/or Structured deals.
Responsible for people management and to be involved in the personal development of any direct reports through effective Mentoring, Training and Motivating.
Responsible for Budgeting and Costs.
Drive new product migration and implementation (securitization/tax and interest rate driven structures)
Money Laundering Prevention
Ensure money laundering prevention requirements and procedures are communicated to unit staff in Global Markets
Ensure the procedure of suspicious transactions monitoring within Global Markets
Report any issues related to money laundering prevention arising within the unit to Business MLPO and unit head
Vet and assist in the investigation of suspicious transaction reports originating
Communicate with Relationship Manager (RM) on money laundering requirements and suspicious transactions
Assist Unit Head and Business Compliance Coordinator in cultivating a compliance culture; Assist unit managers in embedding timely and effective controls in procedures or Key Control Standards, forming part of the Group Operational Risk framework;
Conduct compliance risk-related tests on the business unit concerned, based on risk scores, by using the Group Operational Risk tool;
Coordinate in/review the unit's periodic operational risk and compliance returns; and
Participate in follow-up actions on compliance breaches of the Business Unit concerned.
Responsible for undertaking the business monitoring and testing (i.e. checking the records, reviewing the transactions) and reporting findings, exceptions and results from such monitoring / testing activities
The professionals are graduates/or graduate quality with substantial banking experience likely to include positions in one or more of credit/marketing/trade finance. Requirements include:
•Credit and Trade Finance
•Specialist knowledge of syndication techniques and legal documentation
•Customer marketing and negotiation skills
•Extensive SCB contact in UK and internationally
•Market contact and competition
•Awareness to international political and economic developments and impact on potential deals
•Bank policy vis a vis country risk
•Communication and interpersonal skills