Corporate Development Consultant

Absa Group; Johannesburg; On-site; ZAR 1,200,000 - 1,600,000; Full time

Job summary

Absa Group is looking for a consultant to support the management and execution of its strategic M&A agenda, ensuring proper governance and control. You will originate, evaluate, and execute transactions with senior leadership guidance.

The role requires strong analytical, valuation and modelling skills, with experience in investment banking or corporate finance, and ability to manage complex deal processes across regions.

Qualifications

• CA (SA) or equivalent preferred.
• Minimum 2 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity.
• Desirable: 5 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity.

Responsibilities

• Develop and manage Absa's strategic M&A agenda in conjunction with senior management.
• Lead deal structuring from start to finish to ensure success of the deal.
• Oversee the due diligence process to ensure smooth execution of delivery.
• Manage the resolution of Conditions Precedent and oversee the completion process.
• Oversee governance and manage deal teams and internal approvals.

Skills

Financial analysis

Valuation

Due diligence

Modelling

M&A experience

Strategic thinking

Education

CA (SA) or equivalent

Tools

Excel

PowerPoint

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Belonging at Absa

Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.

Job Summary

The Absa Corporate Development team is looking for a consultant to assist in the management and execution of our strategic Mergers and Acquisition (M&A) agenda and to ensure correct governance and control thereof.

Job Description

You will be expected to be experienced in respect of M&A origination and execution and to be able to become familiar with Absa’s governance requirements.

Accountability: Origination

• Develop and manage the groups strategic M&A agenda in conjunction with senior management.
• Build relationships with internal and external stakeholders.
• Provide ongoing market coverage by business segment and by geography.
• Evaluate draft acquisition / disposal / JV Business cases.
• Prepare valuations.

Accountability: Execution

• Oversee the due diligence process to ensure smooth execution of delivery.
• Develop final acquisition/disposal/JV business cases.
• Lead deal structuring from start to finish to ensure success of the deal.
• Negotiate key terms and legal documentation which will be submitted to the client.
• Manage the offer/bidding process.
• Oversee the preparation of announcements.
• Manage the resolution of Conditions Precedent.
• Oversee the completion process.

Accountability: Governance

• Establish and manage deal teams.
• Manage insider lists.
• Select, engage and manage advisors.
• Implement Confidentiality Agreements.
• Manage internal approval processes for acquisitions / disposals / JV’s.
• Perform the M&A evaluation support function for Absa's Group Investment Committee.

Accountability: Stakeholder Management

• Effectively communicate developments within areas of activity to all relevant internal and external stakeholders.
• Develop and maintain good working relationships with internal and external business partners, including but not limited to all delivery channels used, group marketing, group communications. Other prospective providers etc.
• Liaise with all business partners to ensure all management information they require is provided to them timeously.
• Perform all other duties as reasonably assigned.

Role/Person Specification

Education and Experience

• CA (SA) or equivalent preferred. Alternatives considered based on relevant knowledge, skills and experience
• Essential: minimum 2 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity
• Desirable: 5 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity

Knowledge and Skills

• Excellent analytical and technical skill set (financial analysis, valuation, due diligence, modelling and commercial documentation)
• Experience in a global investment banking environment with exposure to M&A international best practice
• Banking and insurance sector M&A experience, including African M&A experience
• Tactful and persuasive with the ability to convince minds at various levels of the organization
• Strategic and commercial mindset
• Problem-solving / solutions oriented
• Strong attention to detail and an analytical approach
• Persistent in nature and a data-driven working style
• Ability to work in a team environment and foster knowledge sharing and mentoring of other team members
• Strong communication (verbal and written) and interpersonal skills at various levels

Competencies

• Technical Knowledge
• Business Skills
• Control Environment
• Personal & Interpersonal Skills
• Commercial Effectiveness

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)