Special Asset Management : Head East and West Africa

Absa Group; Sandton; On-site; ZAR 80 000 - 150 000; Full time

Job summary

An established industry player is on the lookout for a seasoned Investment Banker to lead initiatives in East and West Africa. This pivotal role requires a strategic thinker with a strong background in financial advisory and transaction execution, particularly in distressed asset management. The successful candidate will collaborate with various stakeholders to craft and implement effective restructuring strategies, ensuring optimal outcomes while managing risks. If you possess excellent negotiation skills and thrive in high-pressure environments, this opportunity to shape the financial landscape in Africa is perfect for you.

Qualifications

• 8+ years of experience in investment banking with a focus on distressed situations.
• Expertise in corporate finance and capital raising strategies.

Responsibilities

• Develop and execute restructuring strategies for distressed companies.
• Work closely with Boards, creditors, and stakeholders to optimize financial outcomes.

Skills

Financial Advisory

Transaction Execution

Restructuring Skills

Negotiation Skills

CIB Knowledge

Distressed Asset Management

Education

Bachelor's Degree in Business

Advanced Diploma in Commerce

CA/LLB or similar qualification

Job description

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

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

Job Summary

We are seeking a seasoned Investment Banker to provide strategic financial advisory and transaction execution services to clients navigating distressed and special situations within the Corporate & Investment Bank (including Commercial Property Finance, Markets, and Transactional Banking). The ideal candidate will have specialist knowledge in managing CIB clients facing financial distress, with experience in distressed asset management strategies. Excellent solutioning, restructuring, negotiation skills, and the ability to operate under pressure are essential. Candidates should have at least 8 years of relevant experience, holding a CA/LLB or similar qualification. Deep knowledge of CIB lending, trade products, corporate finance, and capital raising (debt and equity) is required.

Job Description

This position is for the Head of East and West Africa within the Special Asset Management team. The role involves working closely with distressed companies, their Boards and Executive Committees, creditors, investors, and other stakeholders to develop and execute restructuring and turnaround strategies. The Specialist Investment Banker will be responsible for solutioning, negotiating, and delivering complex financial restructures that optimize outcomes for all parties while minimizing risk and aligning returns with the risk profile.

Education

Bachelor's Degrees and Advanced Diplomas in Business, Commerce, and Management Studies are 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 to promote demographic diversity and workforce equity.

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