Corporate Development Consultant

Sandton

Bring your possibility to life! Define your career with us
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

 

 

Job Summary

The absa Corporate Development team is looking for a specialist to assist in the management and execution of our strategic Mergers and Acquisition (M&A) agenda and to ensure correct governance and control thereof. This role will be a part of absa’s in house corporate finance team

 

Job Description

 

 

Accountability: Origination

Develop and manage the groups strategic M&A agenda in conjunction with senior management
Build relationships with internal and external stakeholder
Provide ongoing market coverage by business segment and by geography
Evaluate draft acquisition / disposal / JV Business cases
Prepare valuations
Accountability: Execution

Oversee the due diligence process to ensure smooth execution of delivery
Develop final acquisition/disposal/JV business cases
Lead deal structuring from start to finish to ensure success of the deal
Negotiate key terms and legal documentation which will be submitted to the client
Manage the offer/bidding process
Oversee the completion process
Contribute towards M&A origination activities
Take responsibility for adherence to governance requirements
Take the day to day lead on M&A execution activities
Provide on the job training and assessment for less experienced team members
Accountability: Governance

Establish and manage deal teams
Manage insider lists
Select, engage and manage advisors
Implement confidentiality agreements
Manage internal approval processes for acquisitions / disposals / JV’s
Perform the M&A evaluation support function for ABSA’s Group Investment committee
Accountability: Stakeholder Management

Effectively communicate developments within areas of activity to all relevant internal and external stakeholders
Develop and maintain good working relationships with internal and external business partners, including but not limited to all delivery channels used, group marketing, group communications. Other prospective providers etc
Liaise with all business partners to ensure all management information they require is provided to them timeously.
Perform all other duties as reasonably assigned
Education and Experience required:

B CA(SA) or equivalent preferred. Alternatives considered based on Relevant knowledge, skills and experience
2 – 3 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity.
Knowledge and Skills:

Technical knowledge
Business skills
Control Environment
Personal & Interpersonal skills
Commercial Effectiveness
Excellent analytical and technical skill set (financial analysis, valuation, due diligence, modelling and commercial documentation)
Experience in global investment banking environment with exposure to M&A international best practice
Banking and insurance sector M&A experience, including African M&A experience
Tactful and persuasive with the ability to convince minds at various levels of the organisation.
Strategic and commercial mindset
Problem-solving / solutions oriented
Strong attention to details and an analytical approach
Persistent in nature and a data-driven working style
Ability to work in a team environment and foster knowledge sharing and mentoring of other team members
Strong communication (verbal and written) and interpersonal skills at various levels
Competencies:

Deciding and initiating action
Learning and researching
Entrepreneurial and commercial thinking
Relating and networking
Adapting and responding to change
Persuading and influencing
Creating and innovating
 

 

 

 

Education

 

Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

 

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

 

Absa Bank Limited reserves the right not to make an appointment to the post as advertised