INDUSTRIAL DEVELOPMENT CORPORATION (IDC)

SENIOR ASSOCIATE: DEVELOPMENT DEBT

Job number IDC00712

Contract Type Permanent

Posting End Date 23 Sept 2026

Region Gauteng

IDC Job Grade M Band

Job Description

To ensure the correct and timeous implementation of approved transactions and proactive management of Business Partners with the view of enhancing portfolio management, by focusing on support, value add and growth and optimizing cashflow collection and protection of IDC’s interests.

Qualification and Experience

Qualifications:

• CA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honours)
• BEng / BSc or similar qualification with Honours / post-graduate degree.
• Post-graduate qualification such as MBA/MBL will be added advantage.
• Project Management Professional qualification (PMP) will be added advantage.

Knowledge and Experience:

• The candidate should have at least 8-10 years of relevant experience in post investment monitoring / portfolio management or evidencing experience in managing key aspects of Business Partner relationships by considering risks, mitigants and protecting financial interests.
• Experience and knowledge in the portfolio management, restructurings, Due Diligence, draw downs and exit processes.
• Accounting / relevant IFRS9, financial modelling and analysis experience will be an added advantage.
• Experience in assessing the economic viability of businesses and/or projects
• Sound experience in a financial environment is essential
• Skills in respect of the analysis and interpretation of financial statements
• Sound knowledge of business and the diversity of risks that may affect businesses
• Good understanding of different types of security
• Understanding of Economic trends would be an advantage
• Project management experience will be an advantage.
• Knowledge and/or understanding of BP strategic diagnostics would be an advantage
• Knowledge and experience on how to help BP’s execute value levers

Roles and Responsibilities

• Post investment and portfolio monitoring and management of allocated portfolio of complex, technical and/or high value Business Partners.
• Ensure proper handover of Business Partners from the respective SBU is completed and all key priority and risk arears are discussed during the handover meetings.
• Periodically conduct impairment reviews and timeously prepare Business Partner credit quality assessment reports in accordance with the approved IDC guidelines and policies on allocated portfolio
• Conduct client visits and regular Business Partner reviews, which includes; undertaking reviews, application of funds review where applicable and AFS analysis, covenant reviews and assigning of risk rating to Business Partners where applicable.
• Schedule performance monitoring feedback sessions with investee companies on a regular basis.
• Identify Business Partners, where performance is not at the required level and develop a framework to ensure regular client visits occur and a diagnostics analysis is conducted to identify areas requiring improvement and specialized assistance and interventions.
• Work closely with large Business Partners in identifying areas for growth and value creation and monitoring the implementation of the value creation strategy of the investee companies.
• Collate and analyse Business Partner performance data to develop a high-level Value Creation Plan, assess Business Partner performance relative to Value Creation Plan and identify when additional support is required.
• Ensure that monitoring and counselling services are provided on Value Creation levers in accordance with the Value Creation Plans and that Business Partners meet the contractual and underwriting obligations.
• Identify strategic data to be collected from Business Partners to actively monitor and evaluate the implementation of such strategic initiatives.
• To provide continuous technical guidance to fellow team members in all key areas of their responsibilities.
• Prepare and present credit submissions (amendments, condonations, restructurings etc.) to the relevant credit committees.
• To ensure that all necessary amendments and approvals required during the life span of the Business Partner are timeously and adequately executed and ensuring that the Business Partners meets contractual obligations and follows up if Business Partners are in breach.
• To ensure that all exit processes and other calculations on allocated portfolio of Business Partners are properly executed, working closely with e.g. Corporate Treasury and Financial Management Depts and other support departments.
• To monitor and timeously report on undrawn facilities on the allocated portfolio of Business Partners (where applicable), including the collection of data that is to be captured by the back office.
• To promptly monitor all payments due to IDC including interest, capital, dividends, fees etc. on allocated portfolio of Business Partners.
• Work closely with the Legal and Technical teams to ensure timeous registration of tangible collateral and other securities.
• To analyse financial information from allocated large Business Partners on a regular basis and assess the need for initiating interventions based on the analysis.
• To work closely with the Boards and Management teams of the investee companies to ensure that the Business Partners under management are profitable.
• Work closely with other members of the IDC team to ensure that the investee companies under management achieve their stated targets and forecasts.
• Prepare portfolio reports as and when required on the portfolio under management, and present to all relevant portfolio risk management committees.
• Assist the Manager in other duties related to the department.
• Required to travel extensively as and when required.

Job Requirements

TECHNICAL COMPETENCIES

• Portfolio Management
• Customer Insight & Focus
• Formulation of Strategies & Concepts
• Stakeholder Management
• Financial modelling
• Business/Commercial Acumen
• Report writing skills
• Value Creation Planning
• Problem solving
• Analytical & Diagnostic Skills
• Project Management Skills
• Consulting Skills

BEHAVIOURAL COMPETENCIES

• Negotiating & Influencing
• Credible Activist
• Deciding and Initiating.
• Planning & Organizing
• Coaching and mentoring
• Presentation and communication skills
• Negotiating & Influencing
• Coping with Pressures and Setbacks

PLEASE APPLY HERE

SENIOR CREDIT MANAGER

Job number IDC00808

Contract Type Permanent

Posting End Date 23 Sept 2026

Region Gauteng

IDC Job Grade M Band

Job Description

Partner with Strategic Business Units and the Client Support & Growth Division to support early client assessment, bringing diverse expertise to evaluate credit risk and investments in line with the IDC mandate.

To provide value-added advisory during early-stage assessments and due diligence by identifying risks and recommending mitigation strategies aligned with risk appetite frameworks.

To develop and present suitable solutions that improve the quality and turnaround of credit submissions while maintaining independence.

Support post-investment activities, including disbursements, monitoring, early warning identification, annual reviews, restructuring, and participation in relevant committees.

Ensure compliance with credit risk policies and contribute to policy development and review across risk management areas.

Qualification and Experience

• A degree or equivalent qualification in a related field.
• MBA/MBL would be an added advantage.
• 8 to 10 years’ relevant experience in a financial institution, 5 years in Credit Risk or similar environment.
• Credit Risk & Financial Analysis Expertise.
• Advanced knowledge of credit risk assessment frameworks, including risk grading and portfolio management.
• Strong ability to analyse financial statements (cash flow, balance sheet, income statement), Project finance models and investment viability.
• Understanding of risk-return trade-offs and structuring of complex deals.
• Experience with due diligence processes (financial, legal, operational).
• Proven track record in originating and structuring deals across sectors (e.g., manufacturing, infrastructure, energy, etc.).
• Ability to identify bankable opportunities aligned to developmental mandates.
• Experience preparing and reviewing credit/investment papers for approval committees
• Strong commercial acumen in packaging funding solutions.
• In-depth knowledge of Risk appetite frameworks, Credit policies, procedures, and governance standards.
• Experience in Identifying, mitigating, and monitoring risks, post-investment risk management (early warning signals, restructures).
• Experience with Disbursement processes, Ongoing monitoring and performance tracking, Annual reviews and restructures.

Roles and Responsibilities

• Responsible for Credit and Investment risk assessments within the organisation through:
• Participate in Basic Assessments and Due Diligence investigations with the Strategic Business Units and Client Support & Growth Division and provide guidance and advisory support on risks to be assumed, mitigating factors and assessing viability of applications.
• Provide appropriate guidance and support during deal development and structuring phases and act as a sounding board throughout the credit on-boarding process.
• Attend and participate in client and/or deal structuring meetings prior to Deal Development Forum and provide advisory credit and structuring services on potential transactions.
• Risk identification and mitigation, ensuring compliance with credit policy and other policies within the Organisation and adherence to the Organisation’s approved Risk Appetite levels to the front line and encourage conduct to be within stipulated appetite levels.
• Provide credit checks, risk ratings and pricing of facilities through application of risk software models and tools.
• Processing credit risk evaluations and assessments and ensuring these are undertaken in strict compliance with the official Credit and Investment submission templates of the Corporation, that form part of the funding applications disseminated to Credit Committees.
• Conduct evaluation and assessments that include thorough and rigorous testing of the base case assumptions provided by the applicant and the deal team and provide the necessary independent attestation on the merits of the business case.
• In collaboration with the Legal Services Department seek the adoption of a consistent approach in the drafting of standardised finance documentation across Group Counterparties as appropriate to ensure adoption of consistent credit terms. Ensuring that the terms and conditions of credit committee approvals are well documented and executed in the legal agreements and draw documents.
• Work with the deal team and Legal Services Department to ensure deal closure post Committee approval and support applications requiring waivers and/or changes of approved credit and investment terms, as and when necessary.
• Ability to address and be solution oriented on issues within the disciplines of the credit management cycle, including ensuring that annual reviews are undertaken and risk grades updated.
• Participate in the disbursement processes of approved IDC funding and provide independent credit sign-off.
• Attending and participating in Credit Investment Committees and Exco meetings to present the credit risk view.
• Proactive management of credit and investment risk by conducting regular credit reviews on investments, identifying early warning signals and implementing interventions to minimize risk and financial losses; valuation of equity investments and review of impairment, restructuring of investments that are in financial distress.
• Timeous and regular review of business partners including client visits in line with Risk Category, analysis of management accounts and annual financial statements and overall Business Partner account performance and allocated portfolio performance amongst others.
• Participation in project steering committee meetings and board meetings of IDC investee companies.
• Provide mentoring and coaching, including peer review and knowledge sharing.

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

Problem Solving Skills

Business Acumen

Report writing Skills

Strong attention to detail and data validity

Project Management Skills

Strong Analytical Skills

Planning and Organising

Client Insights & Focus

BEHAVIOURAL COMPETENCIES

Good Communication Skills

Self-motivated and self-driven skills

Coping with pressures and setbacks

Negotiating and influencing

Interpersonal Skills

PLEASE APPLY HERE