Corporate Development Consultant

Absa Group; Sandton; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A prominent financial institution in Sandton seeks a Consultant for its Corporate Development team to assist with strategic Mergers and Acquisitions. You will manage the M&A agenda, oversee due diligence, and communicate with stakeholders. The ideal candidate will hold a CA (SA) or equivalent and possess at least 2 years in investment banking or corporate finance. Strong analytical abilities, excellent communication skills, and a strategic mindset are essential for success in this role.

Qualifications

• Minimum of 2 years post-qualifying experience in investment banking, corporate finance, transaction services or private equity.
• Desirable: 5 years post-qualifying experience in the related fields.

Responsibilities

• Manage the groups strategic M&A agenda with senior management.
• Oversee the due diligence process for smooth execution.
• Communicate developments to relevant stakeholders.

Skills

Analytical skills

Financial analysis

Valuation

Due diligence

Modeling

Strong communication

Education

CA (SA) or equivalent

Bachelor's Degree in Business, Commerce and Management Studies

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.

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 organisation
• 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)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.