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INDUSTRIAL DEVELOPMENT CORPORATION (IDC)
 
 
 
DEALMAKER - CHEMICALS
Job number IDC00670
Contract Type Permanent
Posting End Date 2 Feb 2026
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
To evaluate and present applications for funding and structure deals that contribute towards unit objectives and industry development goals. This would include performing the financial and/or technical and/or marketing due diligence functions and ensuring risk identification and mitigation.
 
Job Description
Financial / Shareholder Returns
  • Evaluate and effectively structure transactions with detailed application of IDC financing instruments (where applicable/appropriate)
Internal / Operational Processes
  • Evaluate applications for finance (financial, technical or marketing disciplines) through due diligence investigations.
  • Deal structuring - Designing and negotiating the financial, EHS, legal and other relationships between the client and IDC for the specific deal (where applicable)
  • Risk identification and mitigation
  • Participate in due diligence teams
  • Deal Optimisation - Ensuring that the deal is aligned with the strategic objectives of the unit and will contribute to meeting industry development goals
  • Account management function up to first draw
  • Prepare and submit basic assessments and comprehensive credit proposals that meets the IDC funding requirements.
  • Ensuring accurate client data management
Customer Focus & Stakeholder Management
  • Maintain meaningful relationships with enquirers, applicants and portfolio clients in conjunction with different support functions in the IDC.
  • To effectively interact with different SBU’s and departments in order to fulfil the process requirements related to any specific business transaction.
  • Manage and enhance the levels of service and communication to ensure the provision of client service excellence.
  • Liaise, communicate and promote the unit externally
Learning, Leadership & People Growth
  • Drive and manage own development to enhance own competencies
  • Participate in knowledge sharing in the team and cross functional
  • Mentoring and acting as a coach to Business Analysts
 
Qualification and Experience
Qualifications
  • Minimum qualification: CA / Honours Degree in Engineering 
  • MBA advantageous 
 
Knowledge and Experience
  • 5 -8 years related experience of which 2-3 years should be in 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 two due diligence disciplines (Marketing, Technical or Financial)
  • Grounded in one of the above due diligence disciplines
  • Experience in interpretation of financial statements
  • Sector-specific knowledge would be advantageous
  • Knowledge of financial products as used by IDC
 
Roles and Responsibilities
Technical Functional Competencies
  • Financial acumen
  • Risk identification and mitigation
  • Investment/Portfolio Management
  • Stakeholder Management and customer focus
  • Report writing skills
  • Planning and organizing
 
Behavioural Competencies 
  • Presentation and Communication skills
  • Negotiation skills
  • Relationship and Networking skills
  • Persuading and Influencing skills
 
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the JDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
 
PLEASE APPLY HERE
 
 
 
 
 





​ANALYST: QUANTITATIVE RISK MODELLING & VALIDATION
 
Job number IDC00668
Contract Type Permanent
Posting End Date 30 Jan 2026
Region Gauteng
IDC Job Grade  P-Band
 
Synopsis
Responsible for supporting quantitative analysis, balance sheet modelling efforts, and Funds Transfer Pricing (FTP) processes within the department.
This role involves data analysis, model development, model validation, share price forecasting and back-testing of models, and monitoring of various quantitative risk models used for liquidity and market risk assessment and FTP.
The Junior Analyst will work in a collaborative environment that encourages learning and professional growth, interacting with experienced professionals in the fields of risk management and finance.
This position offers an excellent foundation for a career in quantitative risk, modelling, and FTP, with opportunities for advancement and skill development within the corporation.
 
Job Description
• Assist in the development of quantitative risk models used for market risk measurement, including Value at Risk (VaR), stress testing, scenario analysis, and FTP models.
• Participate in the validation process of quantitative models, ensuring accuracy, reliability, and compliance with regulatory requirements.
• Collect, clean, and analyse financial data from various sources to support modelling activities and FTP calculations.
• Conduct statistical analyses to identify trends, patterns, and anomalies in financial data, particularly focusing on interest rate risk and funding costs.
• Collaborate with senior managers to implement and enhance risk models and FTP methodologies, ensuring they are robust and aligned with industry standards.
• Support in analysis to support decision making on Equity Price risk management.
• Perform the calculation of the monthly Share Price forecasting for use in the strategic balance sheet modelling process.
• Support the calculation and implementation of FTP rates to accurately reflect the cost of funds and the credit risk associated with various business units.
• Assist in analysing the impact of FTP on overall profitability and performance metrics, providing insights to enhance decision-making.
• Conduct back testing of models to assess predictive performance and recalibrate models as necessary, including FTP models.
• Prepare detailed reports and presentations summarising quantitative analyses, model outcomes, FTP rates, and associated risks for ALCO Technical, ALCO and other stakeholders.
• Assist with ALCO process coordination.
• Participate in ALCO meetings including preparing and presenting ad-hoc reports as needed for the committee.
• Assist the Share Price Forecasting sub-committee with coordination and minute taking, if required.
• Preparation of monthly and quarterly risk reports and presentations for ALCO Technical and/or ALCO.
• Assist in communicating complex quantitative concepts, including FTP implications, to non-technical audiences.
• Work closely with cross-functional teams, including strategic business units, finance, risk management, and treasury, to ensure effective model implementation, FTP integration, and overall risk management practices.
• Support the development and improvement of internal processes related to quantitative analysis, risk management, and FTP.
• Stay updated on the latest industry trends, regulatory developments, and best practices in quantitative risk, modelling, and FTP.
• Engage in ongoing professional development to enhance technical skills and knowledge in quantitative finance and risk management.
 
Qualification and Experience
• Bachelor’s degree Actuarial Science, Mathematics, Statistics, Finance, Econometrics, Quantitative Risk or a related field.
• 4-6 years of experience in ALM, Financial Risk Management or Treasury
• Proficiency in statistical software and programming languages (e.g., R, Python, or similar).
• Basic understanding of financial markets, instruments, risk management concepts, and Funds Transfer Pricing mechanisms.
• Good understanding of asset-liability management, gained through hands-on experience or ALM training attendance
• Experience with quantitative modelling and validation in a financial services environment.
• Familiarity with best practice frameworks related to market risk and FTP methodologies.
• Knowledge of data analysis tools and techniques.
 
PLEASE APPLY HERE








​FUND ACCOUNTANT
 
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 IDC00643
Contract Type Fixed Term Contract (24 months)
Posting End Date 30 Jan 2026
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
Financial reporting and management of the 3rd Party Funds that IDC Manages or Administers.
 
Job Description
Key functions of the position include:
Daily Tasks
•Acting as checker, releaser for IDC payments (AP process)
•Acting as poster for all Fund related transactions into the SAP system
•Calculating expected returns for funds in line with the funds department and maintaining the same in SAP
•Assisting with ad-hoc tasks as requested
•Prepare or review for posting the journals and duly authorised payments
•Review payment proposals
•Provide financial support and advice to fund managers
Monthly Tasks
•Cash updates to Fund Managers including inflows, disbursements, commitments (Monthly Dashboard)
•Provide financial support and advice to fund managers
•Updating or reviewing of the interest on IDC company as well as on each Fund
•Reconciliations of Cash balances of for 3rd party funds
•Review and posting the journals and Funds payments
•Reporting on 3rd party funds and cash balances for the IDC company
Quarterly Tasks
•Recording IMC adjustments (ECL) to Funds that extend loans (MCEP, KIPP, CTFLGP etc.) as ECL runs are completed
•Quarterly financials update (Quarterly dashboard) for fund reporting by fund managers to relevant departments
•Monitoring of all collateral relating to Funds that disburse loans
Annual Tasks
•Annual preparation of financials in accordance with relevant accounting framework
•Managing the external audit of each of the funds (and liaising with loans, FAV, CSG, Risk departments) for necessary input
•Keeping all loan related funds up to date in terms of IFRS 9, day 1 calculations, modifications etc.
•Preparing the annual cash balance confirmations for the IDC Audit
•Manage the impairment and fair value of financial instruments
 
Qualification and Experience
•Degree in Accounting or related field
•CA(SA) qualification advantageous
•5 years’ experience in the private or DFI space with strong IFRS experience
•Knowledge of public sector regulations and PFMA experience – Desirable
•Experience with IFRS 9 and accounting for expected credit losses – Desirable
•Experience dealing with internal and external auditors and stakeholder management
•Relationship building skills – stakeholder management skills
•SAP & SAPDM Skills – desirable
 
PLEASE APPLY HERE