Vacancy title:
Debt Capital Markets and Sustainable Finance Specialist
Jobs at:
National Bank of Commerce (NBC)Deadline of this Job:
Sunday, October 13 2024
Summary
Date Posted: Friday, October 11 2024, Base Salary: Not Disclosed
JOB DETAILS:
NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.
Job Summary
To Drive NBC Access to Debt Capital Markets, ESG/Sustainable Finance and Bilateral Term Funding.
Job Description
Debt Capital Markets 40 %
• Origination of capital markets issuances.
• End to end management of issuance proposals – through in-country and group governance.
• Lead engagements with transaction advisors and partners towards successful issuances at best terms possible.
• Lead engagements with relevant regulators to get support and approvals
• Work in collaboration and in alignment with ALM, Capital Management and Liquidity Management functions.
• In collaboration with coverage teams, drive appetite scoping, market intelligence and investor engagements.
• In collaboration with Marketing, prepare pitching and advertisement materials.
• A partner to Investment Banking in the provision of custody, registry and other transaction advisory services.
• Research and analyze information on debt issuance activities in different markets to identify lessons and opportunities.
• Ensure compliance to continuous listing obligations and other applicable capital markets rules and regulations.
• Be an active player in innovation, broadening and deepening of Tanzania capital market.
• Other responsibilities relating to capital markets as my be assigned by Head of Treasury.
ESG 40%
• Identify and raise ESG finance to support qualifying projects
• Work in collaboration with in-country and group stakeholders to development frameworks, policies, standards and manuals that guide ESG finance
• Work with various partners and stakeholders to develop bank-wide understanding of ESG and Compliance to applicable principles
• ESG stakeholder mapping
• Raise bilateral ESG finance
• In collaboration with coverage, develop a pipeline of clients, projects and assets that are ESG compliant for financing
• In collaboration with coverage, monitor performance of sustainable projects, provide regular reports on use of proceeds and impact.
• Originate ESG bonds, lead through successful issuances and ensure compliance on use of proceeds
• Lead engagements with advisors, second opinion providers and certification of compliance to guiding principles/framework.
• Grants management
• Develop process flows/maps on ESG products
Long-Term Finance 5%
• In collaboration with ALM, Liquidity Management, Capital Management, Finance and Business Units monitor and review bank’s medium and long-term funding requirements and develop financing plans.
• Mobilize local and foreign currency finance from local and international lenders at best terms possible.
• Regularly review existing debts and other finance in the balance sheet to ensure cost of funds supports bank’s ambition.
• Explore and execute measures/options to reprice/redeem funding that are not competitively priced.
• Work with coverage to ensure Lender KYC, DD, NDAs and other documentations are done as per requirement.
• Continuously drive increase in number, size and tenor of credit/borrowing lines that local and international banks have allocated to NBC.
• Identify new funding sources to diversify balance sheet and drive negotiations, including pricing and covenants.
• Be a partner to coverage in relation to investors and lenders’ relationship management.
• Contribute to the overall bank strategy and support long-term intercompany funding initiatives
Values 5%
Incumbent is expected to display the values of Trust, Resourceful, Stewardship and Courage in everything they do.
Other Responsibilities
• Be part and team player in ALM, Liquidity Management and Capital Management.
• On ad-hoc basis be flexible and ready to take on other Funding and Treasury related duties.
• Any other responsibilities that may be allocated by Head of Treasury.
Minimum Qualifications Required
• Bachelor Degree in Finance, Business, Economics or related field.
Preferred Qualifications
• CISI Certification by CMSA
• ESG Related Certification
• Other Capital Markets or Investment Certification
Minimum Experience Required
• Minimum of 5 years experience in Debt Capital Markets or related function with some exposure in Treasury function.
• In-depth understanding of global financial markets, financial instruments, and capital structures.
• Excellent knowledge of global Environmental, Social, and Governance (ESG) trends, challenges and opportunities
• Familiarity with corporate debt markets and instruments.
Preferred Experience
• Transaction advisory experience
• Bond Issuance and Listing Experience
• ESG Finance Experience
• An in depth experience of the fundamentals of financial markets
• Proven track-record in client advisory on DCM and the topic of ESG / Sustainable Finance.
Knowledge & Skills required
• Knowledge of ESG and particularly sustainable finance aspects.
• Project Management Experience: Demonstrated ability to lead and manage projects, particularly in areas related to finance and capital markets initiatives.
• Competence to plan, coordinate and pursue multiple initiatives simultaneously.
• Knowledge of Tanzania regulatory framework with respect to capital markets and ESG
• Self-starter and result oriented
• Excellent verbal and written communication skills to effectively communicate with stakeholders and manage relationships
• Positive and energetic
• Excellent analytical skills
Qualifications
Analytical Thinking – Advanced (Meets all of the requirements), Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Decisiveness (Meets all of the requirements), Digital familiarity (Meets all of the requirements), Entrepreneurial thinking (Meets all of the requirements), Experience in a similar environment at junior specialist level, Investment Management (Meets all of the requirements), Openness to change (Meets some of the requirements and would need further development)
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested and Qualified? Click here to apply
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