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INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
 


​SENIOR LEGAL ADVISOR
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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 IDC00486
Contract Type Permanent
Posting End Date 15 Apr 2025
Region Gauteng
IDC Job Grade M Band
 
Synopsis
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 Description
To provide sound, clear and accurate legal advice to mitigate the legal risks that the IDC is exposed to in its daily activities.
 
Qualification and Experience
Qualification
  • Law degree and Admission as an Attorney essential
  • Master’s degree such as LLM desirable
 
Knowledge & Skills 
  • A minimum of five years’ post-article experience in a banking and finance/corporate finance/project finance environment.
  • 8-10 years working experience in the banking and finance/SoE/DFI (restructuring, turnaround & business rescue) space is essential 
  • Experience in the drafting, review, negotiation and re-negotiation of cross-border, project finance, corporate, commercial, structured and re-structured finance transactions
 
Roles and Responsibilities
  • Provide general legal advice, including legal research
  • Structure, restructure, negotiate and re-negotiate corporate and commercial transactions including project finance and cross-border financing transactions
  • Identify, evaluate and structure import and export finance transactions
  • Ensure compliance with internal legal and other IDC procedures and policies
  • Identify and minimize potential legal risks
  • Draft, review, negotiate and re-negotiate financing agreements and other legal documentation
  • Make presentations and opine on legal and regulatory developments
  • Conducting legal due diligence investigations
  • Ensure efficiencies aimed at improving client satisfaction by providing efficient legal services 
  • Developing and maintaining relationships with providers of legal services (including, external legal counsels, business rescue practitioners and other key stakeholders)
  • Develop and maintain client and institutional relationships, internally, locally and internationally
 
Job Requirements
TECHNICAL/FUCNTIONAL COMPETENCIES
  • Sound corporate and commercial legal knowledge
  • Ability to work independently and within a team
  • Draft and negotiate loan agreements and other legal documentation
  • Transactional negotiations at senior level
  • Excellent analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Independent judgement and good analytical skills
  • Capable of working in a high-pressured environment and can exercise independent judgement
  • Ability to prioritize and plan
  • Ability to independently provide guidance and timeous delivery on highly complex projects
  • Ability to coach and mentor juniors on areas of specialization
  • Good knowledge and understanding of international and local financing instruments

BEHAVIOURAL COMPETENCIES
Collaboration and Influence: The successful candidate is a senior person who will be highly visible and credible with key internal and external stakeholders and proactive in aligning risk strategies to address the business.
Leadership: This individual will possess excellent personal communication skills that engender credibility and confidence both inside and outside the IDC and a team-first mentality. Resourceful and a self-starter, the candidate will know how to make things happen through his or her people, while also being hands-on. The ideal candidate must have natural leadership abilities and be capable of crafting the vision and creating support from within.
Teamwork: A true team player. Supportive of his or her team, peers and others across the organisation. Contributes to an atmosphere in which people work together, enthusiastically and effectively, in producing outstanding results.
Results Oriented: Energetic, resourceful, sophisticated and savvy, with strong service orientation and positive “can-do” attitude. Fully committed to the job and to delivering outstanding work. Never satisfied with status-quo, continually striving for excellence. Enjoys working “hands-on”. Strong attention to detail..
Judgment: Makes timely decisions while including necessary people in the decision-making process. Exhibits sound and rational judgment.
Communication: Possesses excellent written/oral communication skills as well as excellent persuasive and presentation skills. Able to deal effectively with a broad range of personalities and cultures.
Change agent and strategic thinker: An innovative thinker who is comfortable designing for the future, while managing day-to-day matters.
 
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​MANAGER: CREDIT RISK - ORIGINATION
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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 IDC00522
Contract Type Permanent
Posting End Date 13 Apr 2025
Region Gauteng
IDC Job Grade M Band
 
Job Description
Leadership and management of the team to deliver on the requirements of credit risk Origination, ensuring efficiencies in originating new transactions and additional funding to existing clients.
Oversee the credit origination process, ensuring that credit risk is properly assessed, packaged and mitigated at the point it is proposed.
To partner with Operations Divisions and the Strategic Business Units in the allocation of credit origination resources and/or become part of the complex client assessment team with an aim to bring credit experience, diversity of skills, lessons learned and discipline in the credit & investment risk deal structuring and assessment of transactions.
To deliver value-added skills and advisory services to the Operations Divisions and Strategic Business Units (SBUs) directly or through early-stage due-diligence process by appropriately co-identifying and mitigating risks being taken.
Packaging and offering suitable solutions and mitigations that are aligned to the risk appetite framework and credit policy of the Corporation thereby improving the quality of credit submissions and enhancing quicker turnaround, while maintaining an independent credit risk view.
 
Qualification and Experience
Qualifications
  • CA / B Com post graduate qualification (or equivalent degree).
  • MBA or equivalent would be an added advantage
Knowledge and Experience
  • 10 to12 years’ experience in credit risk or senior deal structuring in a financial institution, with at least 3-5 years managing teams directly and/or indirectly.
  • Proven track record in the structuring of complex transactions/projects.
  • Strong and formally proven analytical and assessment skills, with ability to present technical information in a clear, concise and simple manner.
  • Strong attention to detail and application of risk mitigation standards and processes
  • Excellent written and verbal communication skills with strong negotiation abilities
  • Must have drive and determination to achieve set goals including working under pressured and deadline-filled environments.
  • Experience in liaising with senior internal and external stakeholders.
  • Due Diligence experience would be an advantage.
  • Strong leadership skills and ability to influence stakeholders and team members.
  • Experience in working collaboratively in a high-pressured, environment.
  • Ability to handle several complex tasks simultaneously and also coordinate key projects with a variety of stakeholders while building effective relationships is essential.
  • Must possess the ability to make deductions and meaning from complex and abstract information and situations and make sound decisions from these factors and provide direction to the team in these instances.
  • Ability to arrive at rational decisions even under stressful/ high pressure situations.
  • Negotiation and interpersonal skills are essential and ability to influence people towards achieving a predetermined goal.
 
Roles and Responsibilities
  • Lead a team of credit risk origination managers, providing guidance and oversight to deliver on their roles and responsibilities.
  • While addressing and delivering the same roles and responsibilities at a very senior level, ensure the following tasks are delivered upon at an appropriate depth and levels of skill and experience:
  • Providing advisory services to SBUs and Credit Origination teams on credit risk matters and assist in the structuring of deals.
  • Participate in Due Diligence investigations with the SBUs & Regional Offices and provide advice on risks to be assumed, mitigating factors and viability of projects.
  • Implementation of credit risk management strategies to minimize potential losses.
  • Assess problematic areas and find resolutions to assist the team in providing the best practice solutions for the client and internal stakeholders.
  • Preparing preliminary SWOT analysis and ensuring application of Credit policies and credit appetite framework utilizing approved standard templates.
  • Participation in Basic Assessment processes and presenting the Credit Risk Opinion at Deal Development Forum chaired by the Operations Executives of the organisation.
  • Assist in the provision of “indicative risk grade and pricing” and running different pricing scenarios.
  • Ensure submission of final reports pack to CEMs is undertaken timeously ahead of submission into formal credit sanctioning bodies.
  • Work with the deal team (including the Legal Department) to ensure efficient deal closure, including supporting condition precedent (CP) waivers and/or changes of approved credit terms, as and when necessary.
  • Ensure adherence to the principle of “need to know” by treating all information received with care and confidentiality, ensuring it is limited for use to the credit evaluation process.
  • Perform credit checks and deed searches on prospective and existing clients.
  • Ensure the Credit Origination function adopts best governance standards related to avoidance of any transactional conflicts.
  • Ensure full compliance with regulatory requirements.
  • Forster and promote constructive collaboration between credit risk origination and evaluation teams, ensuring the sharing of client/project visit insights leads to accurate and efficient completion of risk assessments.
  • Maintain a close working relationship with Credit Evaluation Managers (“CEM”), including co-ordination and sharing of information in the processing of new transactions and provide an option for CEMs to attend client meetings if and when required.
  • As part of the team, ensure completed SBUs applications meet high submission quality standards, are in strict alignment with the applicable templates of the corporation, are fit-for purpose and have been subjected to the appropriate risk lens on structure /tenor/products and shareholder contribution and appropriate risk mitigations for identified risks.
  • Custodianship of the organization’s approved Risk Appetite to front line and encourage adherence, and ensure each application is conducted in adherence of the stipulated appetite levels and internal credit policies.
  • In collaboration with the legal department, seek for the adoption of a consistent approach in the drafting of standardized finance documentation as appropriate to ensure consistency of credit terms.
  • Continuously assess relevance and propose enhancements to the credit risk methodologies, process and systems for assessing and managing credit risk and capital allocation.
  • Working with Head CRMD, facilitate constructive and healthy working relations between Credit Risk Department and SBUs/Operations Divisions plus other internal stakeholders.
  • Provide appropriate support to the Head CRMD during Deal Development Forums (DDF) and Priority Pipeline Forum as required, and act as a sounding board to Credit Origination team throughout the credit process.
  • Attending and presenting at Investment Committees and EXCO meetings as and when required.
  • Overall accountability and sign-off over the draw-down process, ensuring that the terms of credit committees are well documented and executed in the legal agreements and draw documents.
  • Assist in clearing Conditions Precedent for first draws and sign off/approve first disbursements.
  • Ensure formalised signed “handover documentation” when the origination process has been completed, and the report pack is ready for credit risk evaluation.
  • Continuously engage and consult with Credit Risk Evaluation until deal closure, including ensuring that legal documentation includes Credit Risk recommendations as approved by the Investment Committee.
  • Network and research to ensure that team is operating optimally and meeting the
    best practice solutions available within the market and relevant for a DFI.
 
Job Requirements
LEADERSHIP COMPETENCIES
Resilience
Decisiveness in execution
Diverse stakeholder management
Change leadership
Strategic thinking
Business acumen
People engagement
Communication
Teamwork
Innovation

TECHNICAL/FUNCTIONAL COMPETENCIES
Problem Solving
Report writing Skills
Strong attention to detail and data validity
Project Management Skills
Strong Analytical Skills
Planning and organizing
Client Insights & Focus
 
BEHAVIOURAL COMPETENCIES
Good Communication Skills
Self-motivated and self-driven skills
Coping with Pressures and Setbacks
Negotiating and influencing
Interpersonal Skills
 
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.
 
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​SENIOR DEALMAKER
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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 IDC00521
Contract Type Permanent
Posting End Date 13 Apr 2025
Region Gauteng
IDC Job Grade M Band
 
Synopsis
 
JOB PURPOSE
To evaluate and present applications for funding and structure deals that contribute towards the SBU objectives and industry development goals. This would include performing the complex financial and/or technical and/or marketing due diligence functions across the country, as well as leading a due diligence team and ensuring risk identification and mitigation. It is also required to assist the Regional Manager with the implementation of corporate wide initiatives as and when required.
 
Job Description
MAIN DUTIES AND RESPONSIBILITIES
Financial / Shareholder Returns
  • Evaluate and effectively structure transactions with detailed application of the organizations financing instruments.
  • Ensure financial soundness of all credit submissions.
 
Internal / Operational Processes
  • Evaluate applications for finance (financial, technical and marketing disciplines)
  • Deal structuring - Designing and negotiating the financial and legal relationship between the client and the organization for the specific deal.
  • Risk identification and mitigation
  • Leading of due diligence teams on high value / complex transactions
  • Deal optimization - ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
  • Support the development and implementation of strategies or action plans to drive the SBU’s strategic objectives.
  • Account management function up to first draw
  • Prepare well written and motivated reports for presentation to the relevant Credit and other committees as required.
  • Conduct peer reviews on all due diligence disciplines.
  • Training, mentoring and coaching of Business Analysts and Dealmakers
  • Provide advice to Business Analysts and Dealmakers in the handling of enquiries and applications
Customer Focus & Stakeholder Management
  • To effectively interact with different SBUs and departments in order to fulfil the process requirements related to any specific deal / transaction.
  • Manage and enhance the levels of service and communication to ensure the provision of client service excellence.
  • Build and maintain a strong deal pipeline
  • Proactively drive new business growth in line with specific initiatives that are aligned to the SBU strategy including plan of action in respect of cold calling, presentations, travel plan, entertaining potential clients to extend the reach of the Regional Office resulting in new applications pitched and/or approved by the organization.
Learning, Leadership & People Growth
  • Provide team leadership in transactions during due diligence
  • Manage own development to enhance own competencies
  • Participate in knowledge sharing in the team and cross functional
  • Coaching and mentoring of team members
 
Qualification and Experience
QUALIFICATIONS
  • Minimum qualification: relevant commercial or technical honours degree
  • CA (SA) qualification will be an advantage
 
KNOWLEDGE & EXPERIENCE
  • 8-10 years’ related experience of which 8 years should be in deal assessment as well as closing of transactions (i.e. management of approved deals up to first drawdown, including ensuring timely conclusion of legal agreements).
  • Declared competent in three due diligence disciplines (Marketing, Technical, and Financial)
  • Grounded in all three disciplines
  • Transaction leadership (complex deals)
  • Knowledge in assessing all associated issues in a transaction (Legal, risks, etc.)
  • Experience in peer review
  • Experience in interpretation and analysis of financial statements
  • Knowledge of the market environment and technology landscape
  • Knowledge of financing instruments
  • Understand and review models of proposed financial structures
  • Competent in coaching and mentoring of team members.
 
Roles and Responsibilities
TECHNICAL/FUNCTIONAL COMPETENCIES
  • Financial acumen
  • Risk identification and mitigation
  • Investment/Portfolio Management
  • Stakeholder Management and customer focus
  • Planning and organising
  • Report writing skills
 
BEHAVIOURAL COMPETENCIES
  • Presentation and communication skills
  • Negotiation skills
  • Relationship Building and Networking skills
  • Persuading and Influencing skills
  • Coaching and Mentoring
  • Leading and Co-ordinating
 
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