INDUSTRIAL DEVELOPMENT CORPORATION (IDC)

 

 

 

 

SENIOR ASSOCIATE: DEVELOPMENT DEBT

 

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Job number IDC00712

Contract Type Permanent

Posting End Date 3 Jun 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 areas 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

 

 

 

 

 

 

 

 

 

 

 

ANTI-MONEY LAUNDERING CONTROL OFFICER (AMLCO)

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Job number IDC00735

Contract Type Permanent

Posting End Date 1 Jun 2026

Region Gauteng

IDC Job Grade P-Band

 

Synopsis

The Anti-Money Laundering Control Officer is responsible for assisting and supporting Strategic Business Units and Departments in complying with all the anti-money laundering control legislation applicable to the IDC. These legislations include but are not limited to FATF recommendations 40+9, POCA, PRECCA, FICA, POCDATARA. 

The individual will support the IDC thorough developing the AMLC/PIP-PEP/Sanctions framework and procedures, facilitating the implementation, creating the required awareness, performing compliance reviews and reporting on level of compliance.

The successful incumbent will be responsible for designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program

 

Job Description

• Assist in the development of compliance initiatives and programs to comply with the respective money laundering legal, licensing, and regulatory obligations

• Improve and maintain AML/CTF policies and procedures

• Aid in the improvement of tools to monitor, analyse, and report suspicious activity

• Handle file reviews of suspicious activity to ensure compliance with the policies and procedures put in place

• Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF

• Aid in the design, development, and implementation of a risk assessment framework to support all customer interactions

• Ensure consistent and timely feedback on cases that have been escalated

• Liaise with management to develop investigative strategies

• Develop and participate in compliance programs and initiatives

• Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted

• Ensure detailed and prompt investigation of all AML/CTF incidents and cases

• Help with identifying any AML/CTF loopholes and coordinating projects to bridge those gaps

• Develop and execute face-to-face / virtual training for staff in various business units as required

• Aid in general compliance awareness and refresher training

 

Qualification and Experience

  • LLB/ B. Com or equivalent qualification
  • Accredited or certified member of the Compliance Institute of South Africa (CISA) (Advantageous)
  • A Certificate in Anti-Money Laundering Control (Advantageous)
  • CAMS Certification or a Certificate in Compliance Management will be an added advantage (Advantageous)
  • At-least 5-8 years’ experience in anti-money laundering compliance management environment
  • Sound experience in report writing and presentation skills
  • Knowledge of the Siron System will be an added advantage
  • Experience developing and implementing compliance programs
  • Team player with the ability to work unsupervised
  • Willingness to work on various compliance issues
  • Must be able to adapt to working in a fast-paced environment

 

Job Requirements

 

TECHNICAL/FUNCTIONAL COMPETENCIES

Planning and Organizing

Project Management

Strong Analytical Skills

Presentation skills

Stakeholder Engagement Skills

Negotiating and Influencing

 

BEHAVIOURAL COMPETENCIES

Attention to detail

Highly Ethical and integrity

Good Communication skills

 

PLEASE APPLY HERE

 

 

 

 

 

 

 

 

SENIOR MANAGER: STRATEGIC PORTFOLIO MANAGEMENT AND SPECIAL PROJECTS

IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.

Job number IDC00736

Contract Type Fixed Term Contract (24 months)

Posting End Date 31 May 2026

Region Gauteng

IDC Job Grade M Band

 

Job Description

Responsible for Portfolio Management and Reporting and enhancing the organisation’s ability to manage portfolio credit risk. This role will ensure that the credit and investment activities are aligned with the organisation’s strategic objectives, risk appetite, and developmental mandate. This includes portfolio analytics, enterprise-wide risk strategy, capital allocation, and governance, thus ensuring portfolio resilience, capital efficiency, and credit soundness

 

Qualification and Experience

QUALIFICATIONS AND EXPERIENCE

  • Honours degree in Risk Management, Finance, Economics, or a related field, CA or equivalent post-graduate qualifications.
  • 8 -10 years’ relevant experience in Credit Risk/Finance/Investment Banking in a financial institution.
  • Portfolio management experience
  • Experience in credit portfolio oversight, stress testing and enterprise analytics.
  • Deep understanding of credit risk frameworks, exposure management, and provisioning.
  • Strong knowledge of Basel risk principles, stress testing methodologies, and capital planning.
  • Proficiency in risk analytics tools, credit models, and enterprise risk platforms.
  • Ability to translate complex risk data into strategic insights for senior leadership.
  • Knowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions/projects will be an advantage.
  • Excellent analytical, verbal, and written communication skills.

 

Roles and Responsibilities

  • Design and implement a comprehensive framework for managing credit and portfolio risks, aligned with risk appetite and strategic objectives.
  • Produce trend analysis reports, sector risk reviews, and run sensitivity analyses/stress-tests for concentrations and deviations to expected performance, recommending strategies to keep the risk within acceptable levels.
  • Proactively identify emerging risks and credit trends that may impact the portfolio, including sectoral, regional, or single borrower-specific vulnerabilities.
  • Monitor and report on the performance against the Board-approved risk appetite levels and thresholds.
  • Monitor portfolio quality, credit exposures, and sectoral/geographic concentrations.
  • Monitor trends and shifts in internal risk grades (IRG’s) and produce summary reports that provide insight as to whether rating standards, protocols, and policies are consistently applied across portfolios and sectors to support the enhancement of credit risk rating systems and frameworks, thereby improving portfolio risk sensitivity and credit loss forecasting.
  • Design and implement robust credit stress testing and scenario analysis frameworks.
  • Conduct stress testing of the book against approved and emerging risk parameters in collaboration with the Quantitative Modeling team and input the results into the analysis of the adequacy of capital and provisions, as well as the generation of sector/industry risk positions.
  • Integrate sectoral, regional, and borrower-level data to model the impact of adverse scenarios on credit quality and capital adequacy.
  • Collaborate with credit analysts and economists from R&I to refine scenario assumptions and both forecast and calibrate risk parameters.
  • Involvement in policy formulation and policy review across a range of risk management disciplines.
  • Development of credit risk systems and procedures, ensuring that these are well-suited to support the corporation’s business strategies.
  • Lead integrated risk planning processes that link credit and portfolio risk insights to business planning, capital allocation, and strategic initiatives.
  • Conduct portfolio risk-adjusted return analysis to inform resource/capital deployment and funding decisions.
  • Deliver credit risk reports that are comprehensive, timely, and provide actionable insights for decision-making.
  • Translate technical credit analytics into digestible content for non-technical audiences, including developmental risk considerations.
  • Drive the integration of tools with core systems (e.g. credit risk, loan monitoring, financial reporting platforms).
  • Improve Active Credit Portfolio Management (ACPM) techniques such as exposure aggregation, limit optimization, and early warning systems.
  • Enhance institutional capabilities in credit risk modeling, loss forecasting, and data-driven decision-making.
  • Provide advisory/support to Strategic Business Units (SBU’s) on Portfolio risk matters, sector/industry deep dives, and portfolio reviews.
  • Performing ad hoc reporting and analyses to help address the real-time demands of the organisation
  • Provide relevant and required information to present to lenders and rating agencies.
  • Drive the delivery of special projects (Risk Division Strategic Initiatives) for the Head of Department, which include but are not limited to;
  • i.Risk-based Capital Allocation, including the development of a framework for capital allocation.
  • ii.Balance Sheet and Capital optimisation.
  • iii.Rating and Pricing.

 

Job Requirements

TECHNICAL/FUNCTIONAL COMPETENCIES

Problem Solving

Business Acumen

Report writing Skills

Strong attention to detail and data validity

Project Management Skills

Strong Analytical Skills

Planning and Organising

Attention to detail

High Motivation and readiness to scrutinize and improve processes

 

BEHAVIOURAL COMPETENCIES

Good Communication Skills

Self-motivated and self-driven skills

Coping with Pressures and Setbacks

Negotiating and influencing

Interpersonal Skills

Ability to work independently

 

 

PLEASE APPLY HERE

 

 

 

 

 

 

 

 

OFFICE SUPPORT MANAGER: LEGAL AND COMPLIANCE

Job numberIDC00734

Contract Type Permanent

Posting End Date 31 May 2026

Region Gauteng

IDC Job GradeP-Band

 

Synopsis

• To provide a comprehensive and strategic support to the Divisional Executive by providing day to day oversight of operational matters and supporting the long-term planning, execution and measurement of activity across the division.

• To serve as strategic advisor and counsel to Divisional Executive.

• To monitor, evaluate and measure the timeous implementation of strategic objectives in the division and prepare presentations for various boards and committees.

• Support the co-ordination, planning and alignment of divisional activities.

• Identifying trends for business improvement and risk management purposes.

Job Description

 

 

Qualification and Experience

• Bachelor’s Degree

• A Post graduate Qualification in a relevant field (e.g. CA(SA), MBA/MBL, LLB, Engineering; Project Management will be an added advantage

• The preferred candidate will have a minimum of 5-8 years’ experience in field of discipline.

• Experience in public, financial or development finance institutions and understanding of all applicable legislative and governance principles is preferred.

• Candidate must have an understanding of the role of the IDC.

• The candidate must have absolute commitment towards the values of the Corporation.

• Experience in engaging, managing and negotiating with relevant specialist bodies, government institutions, industry associations etc.

 

Roles and Responsibilities

Financial / Shareholder Returns

•To manage the Divisional budget and cost centers. Consolidating budget reports in the division.

•To assist Departmental Heads in collating inputs to the annual budgeting process.

•To consolidate budget reports across the Division from Departmental Heads.

•To assist in reporting Divisional activities and preparing comparative reports.

 

Divisional Operational Processes

•To serve as strategic advisor and counsel to Divisional Executive.

•To assume day-to-day responsibility for projects and tasks and coordinate the execution of strategic initiatives.

•To create and maintain cross-departmental relationships.

•To assess inquiries directed to the Divisional Executive in order to determine the proper course of action and, where required, delegate to the appropriate individual to ensure resolution.

•Participate in strategy formulation and implementation for the Division.

•Provide strategic advice and support on policy matters.

•Assist with reporting on various operational activities/initiatives.

•Assist in the implementation of an effective client experience management framework including oversight of process optimization and digitization, complaints management, culture skills and targeted client service levels.

• Analyse trends and provide recommendations for remediation.

• Prepare Management information reporting and table analysis at key governance forums.

• Monitor and evaluate Divisional performance and ensure appropriate measures/interventions are put in place.

• To generate ideas for improvement of cross functional processes or resolution of complex problems.

• Participate in corporate strategic initiatives/projects.

• Research and provide specialist knowledge and advice to Divisional Executive relating to all operational aspects.

• Provide input to Executive Management Committee (Exco) and other strategic committees in the Corporation.

• To input into effective formulation and implementation of Divisional systems and procedures to ensure compliance and provide innovative solutions to take operations forward.

 

Roles and Responsibilities (cont.)

Corporate Strategic Alignment

• To participate in and support Corporate Initiatives.

• To formulate and implement innovative ways to improve Customer focus.

• Monitor and evaluate Divisional strategic priorities and preparation of reporting and presentation requirements.

 

Customer Focus & Stakeholder Management

• To foster and maintain relationships with internal and external clients.

 

Learning, Leadership & People Growth

• Keep up to date with latest strategic trends and developments (conferences and relevant forums).

• To research best practice measures.

• Take responsibility for personal development and growth.

• Promote the sharing of knowledge and best practice in the Division

 

PLEASE APPLY HERE