Manager: Development Debt Large

SUMMARY:
Our client is recruiting for a Manager: Development Debt Large. This is a permanent position. Position based in Johannesburg Northern suburbs.

POSITION INFO:
Purpose:
To coach and guide the team in building and managing Large business partners in driving value and free cash flow positions to ensure debt obligation are honored, and targets are achieved thereby initiating long term sustainability and enabling company to partake in the benefit realization.

Main duties and responsibilities:
This role includes the following, but is not limited to:

• Oversee the monitoring and management of existing and newly acquired large investments in the department’s portfolio, which includes amongst others the following:
• Build and maintain influential relationships with Business Partner Management Teams
• Guide the Associates in the engagements with Business Partners as well as internal departments within the Division to ensure a collaborative approach.
• Determining the best way in which the company can contribute towards the prevention of the client’s financial decline or early detection and implement required services
• Provide guidance and drive the team in the development of value creation plans for identified business partners and ensure business partners are influenced to adopt and implement such plans.
• Monitor that strategic diagnostics are being implemented and the outcomes being addressed through the VCP’s.
• Monitor insights on deviations from BP strategic initiatives and ensure plans developed and agreed with BP management teams to rectify are implemented.
• Monitor value creation levers in accordance with the value creation plans to ensure that Business Partners meet the agreed obligations as outlined in the value creation plans, where adherence had not been applied, implement the required action.
• Identify Business Partners, where performance is not at the required level and develop a framework to ensure personal visits occur and diagnostics are conducted to identify areas requiring improvement and specialized assistance.
• Identify strategic data to be collected for each business partner and ensure this is collected and productionalized.
• Identify opportunities for enhanced implementation of company’s developmental mandate in regard to portfolio of clients and ensure the team is informed and implement accordingly;
• Ensure the provision of client service excellence by the team and optimize service delivery in a manner that meets the client’s needs;
• Build and maintain a network of relationships across the Corporation.
• Ensuring Associates timeously & accurately risk grade their BP''s & updating of collateral confirmation to manage impairments in the company debt book.
• Guide the Associates in effective company cashflow management to increase the collections rate in company.
• Working in collaboration with Portfolio Insights and Reporting identify data analytics and dashboards that will enable financial performance review and monitoring of BP’s and Market analysis.
• Overseeing roles in reviewing of Associates’ Business Partner (BP''s) reviews, Application of Funds reports, AFS analysis reports & CAM memos etc.
• Portfolio analysis that feeds into the departmental portfolio analysis & strategy.
• Guide the Associates in their engagements with BP''s to ensure high service delivery to company clients.
• Assist Associates in the creating & review of the Value Creation Plans (VCPs) & KPIs proposed to assess if they address BP risks & enhance growth.
• Partner with the team in building and managing the debt investments team to fulfil the mandate of the department in line with the company’s and department’s specific policies and systems & procedures.
• Operational line management of direct reports made up of a cluster team of Senior Associates and Associates responsible for specific portfolios (in various SBU''s) and oversee their engagement with internal and external stakeholders.
• Utilize own and expert knowledge, experience, multi-dimensional understanding and application of best practices to guide the team in the fulfilment of its roles.
• To review the necessary reports to senior management, various committees and Board.
• Manage and review key portfolio management processes and procedures on a regular basis.
• Ensure that the team is familiar with all the relevant terms and conditions of the contractual relationship between company and its business partner.
• To ensure that early warnings signals and other key risks factors are proactively identified by the team.
• In line with cluster line management role, oversee direct report performance contracting and performance monitoring and measurement as well as provide ongoing coaching and mentoring to the team.
• Design and compile reports and checklists to ensure efficient and effective monitoring of the company investments.
• Assist the department in the development of annual business plans and formulation and implementation of strategies to execute the role of the department.

• Guide the Associates in effective company cashflow management to increase the collections rate in company.
• Working in collaboration with Portfolio Insights and Reporting identify data analytics and dashboards that will enable financial performance review and monitoring of BP’s and Market analysis.
• Overseeing roles in reviewing of Associates’ Business Partner (BP''s) reviews, Application of Funds reports, AFS analysis reports & CAM memos etc.
• Portfolio analysis that feeds into the departmental portfolio analysis & strategy.
• Guide the Associates in their engagements with BP''s to ensure high service delivery to company clients.
• Assist Associates in the creating & review of the Value Creation Plans (VCPs) & KPI''s proposed to assess if they address BP risks & enhance growth.
• Partner with the team in building and managing the debt investments team to fulfil the mandate of the department in line with the company’s and department’s specific policies and systems & procedures.
• Operational line management of direct reports made up of a cluster team of Senior Associates and Associates responsible for specific portfolios (in various SBU''s) and oversee their engagement with internal and external stakeholders.
• Utilize own and expert knowledge, experience, multi-dimensional understanding and application of best practices to guide the team in the fulfilment of its roles.
• To review the necessary reports to senior management, various committees and Board.
• Manage and review key portfolio management processes and procedures on a regular basis.
• Ensure that the team is familiar with all the relevant terms and conditions of the contractual relationship between company and its business partner.
• To ensure that early warnings signals and other key risks factors are proactively identified by the team.
• In line with cluster line management role, oversee direct report performance contracting and performance monitoring and measurement as well as provide ongoing coaching and mentoring to the team.
• Design and compile reports and checklists to ensure efficient and effective monitoring of the company investments.
• Assist the department in the development of annual business plans and formulation and implementation of strategies to execute the role of the department.
• Provide guidance to Associates within the department on strategic, operational requirements.
• Ensure the effective management of people in the department, including employee motivation and development and application of Corporate policies and procedures and ensuring optimal performance;
• Protect the interest and wellbeing of employees and establish suitable communication lines with them;
• Oversee the implementation of talent management initiatives within the division (Employee Engagement, Mentoring and Coaching, Skills Development and Succession Management);
• Provide leadership and drive culture transformation that foster a culture consistent with the Corporation’s values (Passion, Professionalism and Partnership);
• Provide strategic leadership and management to high performance and delivery;

• CA (SA) or BCom Accounting with post graduate degree e.g. BCompt (Honors)
• BEng / BSc or similar qualification with Honors / post-graduate degree.
• MBA/MBL will be an advantage
• Project Management Professional qualification (PMP) will be an advantage

• 8 to 10 years’ experience in a Post Investment/ Portfolio Management role and/or credit monitoring / due diligence in a finance / banking environment with experience in drawdowns and exit processes, strategy formulation and implementation of portfolio management.
• Should have at least 3 years’ experience in assessing the economic viability of businesses and/or projects
• At least 3 years’ experience at a leadership level and management of teams
• Sound experience in a financial environment is essential
• Outstanding 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
• Good working knowledge of Company and Contract legislation
• Understanding of Economic trends
• Project management experience.
• Knowledge and understanding of BP strategic diagnostics
• Knowledge and experience on how to help BP’s execute value levers
• Ability to manage multiple tasks simultaneously

• Resilience
• Decisiveness in Execution
• People Engagement
• Communication and Engagement
• Teamwork
• Change leadership
• Business Innovation
• Mind Set
• Strategic Thinking

• 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
• Report writing skills

• Negotiating & Influencing
• Credible Activist
• Deciding and Initiating.
• Planning & Organizing
• Coaching and mentoring
• Presentation and communication skills
• Negotiating & Influencing
• Coping with Pressures and Setbacks

NB! This job is now closed. You can apply for other jobs by uploading your CV.