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EASTERN CAPE DEVELOPMENT CORPORATION (ECDC) VACANCIES
EASTERN CAPE DEVELOPMENT CORPORATION (ECDC)
The Eastern Cape Development Corporation does not endorse or tolerate any fraud, bribery/corruption or job selling. Please report such instances to the Toll-free Tip-off number: 0800 116 655. The ECDC does not accept unsolicited applications or CVs from recruitment agencies and/or search firms, and will consequently not be held liable for payment of placement and/or searching fees.
EXECUTIVE: ENTERPRISE FINANCE AND BUSINESS SUPPORT: 5 YEAR FIXED TERM CONTRACT
GRADE 22 (Total Cost to Company)
To provide strategic leadership in the formulation, implementation, and management of enterprise finance products and loan services. To lead the development and execution of SMME business support strategy and plans. To spearhead township, small town, and rural entrepreneurship development programme. To direct the establishment of systems, platforms, and partnerships for SMME benefit focussed resource mobilisation. To position the ECDC as a super channel and aggregator for loan funding to expand access to finance for Eastern Cape SMMEs. To transform the ECDC lending activities into a financially viable service with competitive returns and capital retention.
KEY DUTIES AND RESPONSIBILITIES
The Key Performance Areas will encompass:
- Lead and direct the development of the strategy and plans for the rural and enterprise finance business support unit
- Design, develop and implement effective processes to ensure that the enterprise finance functions of the ECDC are efficient, effective, and meet the requirements of target market.
- Manage and oversee product design and continuous improvement for lending services
- Develop and establish financial and non-financial programmes and/or intervention strategies to support growth of informal sector micro-enterprises.
- Modernise and streamline lending process through automation to improve responsiveness and customer experience.
- Strengthen due diligence, credit and risk assessment, and post funding support and monitoring to improve repayment trends and business success.
- Plan and lead the formulation of innovative funding instruments to drive transformation and stimulate economic activity through quasi-equity, equity, loans, financial incentives, and other relevant funding instruments.
- Conduct market research and assessments at determined intervals to ensure an appropriate match between ECDC’s capabilities and offering on one hand, and the market on the other.
- Identify, build, and maintain strategic relationships and partnerships focussed on the leveraging access to SMME finance and support.
- Establish and implement a framework for township, small town and rural entrepreneurship development.
- Build and manage a team of professionals to achieve the strategic objectives
MINIMUM REQUIREMENTS
- Master’s degree in finance/MBA/MBL/CA(SA) or other relevant commerce post graduate qualification at master’s level
- A minimum of 10 years’ experience in development finance, enterprise development or banking industry experience involving loans portfolio management of which 5 years must be at senior management level.
- Experience in loan ICT systems will be advantageous.
This is a 5 Year Fixed Term Contract, and the successful candidate will be subjected to signing a performance contract and verification of qualifications. Shortlisted candidates will be required to attend interviews as well as other assessments. If you have not been contacted within 8 weeks after the closing date of the advertisement, please regard your application as unsuccessful.
In making these appointments, ECDC reserves the right to apply the principles enshrined in the Employment Equity Act, its policies, and plans.
Please send your detailed CV to
Talent Consultant
Tel. +27 43 704 5783
Fax. +27 86 682 9817
Email. humanresources@ecdc.co.za
Closing date: 16 October 2022
EXECUTIVE: ENTERPRISE FINANCE AND BUSINESS SUPPORT: 5 YEAR FIXED TERM CONTRACT
GRADE 22 (Total Cost to Company)
To provide strategic leadership in the formulation, implementation, and management of enterprise finance products and loan services. To lead the development and execution of SMME business support strategy and plans. To spearhead township, small town, and rural entrepreneurship development programme. To direct the establishment of systems, platforms, and partnerships for SMME benefit focussed resource mobilisation. To position the ECDC as a super channel and aggregator for loan funding to expand access to finance for Eastern Cape SMMEs. To transform the ECDC lending activities into a financially viable service with competitive returns and capital retention.
KEY DUTIES AND RESPONSIBILITIES
The Key Performance Areas will encompass:
- Lead and direct the development of the strategy and plans for the rural and enterprise finance business support unit
- Design, develop and implement effective processes to ensure that the enterprise finance functions of the ECDC are efficient, effective, and meet the requirements of target market.
- Manage and oversee product design and continuous improvement for lending services
- Develop and establish financial and non-financial programmes and/or intervention strategies to support growth of informal sector micro-enterprises.
- Modernise and streamline lending process through automation to improve responsiveness and customer experience.
- Strengthen due diligence, credit and risk assessment, and post funding support and monitoring to improve repayment trends and business success.
- Plan and lead the formulation of innovative funding instruments to drive transformation and stimulate economic activity through quasi-equity, equity, loans, financial incentives, and other relevant funding instruments.
- Conduct market research and assessments at determined intervals to ensure an appropriate match between ECDC’s capabilities and offering on one hand, and the market on the other.
- Identify, build, and maintain strategic relationships and partnerships focussed on the leveraging access to SMME finance and support.
- Establish and implement a framework for township, small town and rural entrepreneurship development.
- Build and manage a team of professionals to achieve the strategic objectives
MINIMUM REQUIREMENTS
- Master’s degree in finance/MBA/MBL/CA(SA) or other relevant commerce post graduate qualification at master’s level
- A minimum of 10 years’ experience in development finance, enterprise development or banking industry experience involving loans portfolio management of which 5 years must be at senior management level.
- Experience in loan ICT systems will be advantageous.
This is a 5 Year Fixed Term Contract, and the successful candidate will be subjected to signing a performance contract and verification of qualifications. Shortlisted candidates will be required to attend interviews as well as other assessments. If you have not been contacted within 8 weeks after the closing date of the advertisement, please regard your application as unsuccessful.
In making these appointments, ECDC reserves the right to apply the principles enshrined in the Employment Equity Act, its policies, and plans.
Please send your detailed CV to
Talent Consultant
Tel. +27 43 704 5783
Fax. +27 86 682 9817
Email. humanresources@ecdc.co.za
Closing date: 16 October 2022
CHIEF INVESTMENT OFFICER: 5 YEAR FIXED TERM CONTRACT
GRADE 22 (Total Cost to Company)
To formulate, direct, and lead the implementation of Eastern Cape Development Corporation’s (ECDC) investment management, trade and investment promotion strategies in order to optimise the realisation of investment and trade opportunities both locally and globally. To direct and manage the process of identifying, designing and supporting catalytic economic development investment projects from ideation to bankable project. To provide strategic leadership in the design, establishment and maintenance of the ECDC fund management capabilities.
KEY DUTIES AND RESPONSIBILITIES
The Key Performance Areas will encompass:
- Export trade development and facilitation
- Local and global promotion of the EC province as an investment destination of choice
- Building requisite capabilities and positioning the ECDC as strategic fund managers for both public and private sector funds
- Leading strategic projects development from ideation to bankability
- Spearheading investment management in catalytic commercially sound initiatives
- Leading partnerships development and management for trade, investment, and resource mobilisation
- Building and managing a team of professionals to achieve the strategic objectives
MINIMUM REQUIREMENTS
- Master’s degree in economics/marketing/finance or MBA/MBL/CA.
- A minimum of 10 years of experience in trade and/or investment environment which should include at least 5 years’ experience in a strategic management or leadership role involving strategy formulation and delivery and an experience of working with multi-cultural teams.
This is a 5 Year Fixed Term Contract, and the successful candidate will be subjected to signing a performance contract and verification of qualifications. Shortlisted candidates will be required to attend interviews as well as other assessments. If you have not been contacted within 8 weeks after the closing date of the advertisement, please regard your application as unsuccessful.
In making appointments, ECDC reserves the right to apply the principles enshrined in the Employment Equity Act, its policies and plans.
Please send your detailed CV to
Talent Consultant
Tel. +27 43 704 5783
Fax. +27 86 682 9817
Email. humanresources@ecdc.co.za
Closing date: 16 October 2022