Transaction Management Analyst

About Ninety One:

Ninety One is an independent, active global asset manager dedicated to delivering compelling outcomes for its clients, managing R3.08 trillion in assets (as at 31.12.24).

Established in South Africa in 1991, as Investec Asset Management, the firm started offering domestic investments in an emerging market. In 2020, almost three decades of organic growth later, the firm demerged from Investec Group and became Ninety One. Today the firm offers distinctive active strategies across equities, fixed income, multi-asset and alternatives to institutions, advisors and individual investors around the world.

About the team

The Transaction Management Team is a dynamic global team focusing on the ongoing management/monitoring/reporting of our existing Private Market portfolios (like https://www.eaif.com/). The Team works in close collaboration with various internal teams (Investment Management, Legal, ESG, Compliance, Fund Accounting and others) to ensure that all our Private Market investments across Africa, Latin America, Asia & Europe are appropriately managed/monitored.

Success in the role will involve executing on two key sets of related responsibilities with a primary focus on the investment monitoring elements.

In this role you will:

Investment Monitoring:

• Act as contact point for all waivers, consents and amendments on relevant Private Market portfolio companies.
• Provide analysis of requests, synthesise relevant information and co-ordinate internal approvals/response to portfolio companies, keeping a record for audit/reporting purposes.
• Source, aggregate and present relevant reportable information in format required by fund committees/boards, investors and management.
• Monitor performance of portfolio companies against tracked covenants and obligations to provide financial/other information, flagging risks as appropriate.
• Review key information provided by portfolio companies to assess any material change in circumstances.
• Manage completion of conditions precedent in advance of disbursement of funds.
• Develop and maintain strong working relationships with the Investment, Legal, ESG, Compliance, Fund Accounting & other internal teams, facility agents and portfolio companies.

Investment AML/KYC due diligence:

• Complete initial KYC due diligence on relevant Private Market portfolio companies (covers Infrastructure and Credit).
• Liaise with the Investment Team and portfolio companies/facility agents to understand the relevant corporate structure and retrieve outstanding documentation.
• Manage all internal communication/coordination on KYC as well as quarterly external KYC reporting across Private Markets.
• Responsible for annual KYC refreshes, PEP approval process and outgoing KYC requests across Private Markets.
• Ensure funds are appropriately onboarded with facility agents in advance of investment.

You should consider applying if you have:

• BCom LLB, CA(SA) or similar degree
• 2-3 years relevant work experience at a financial institution, bank, asset manager, development finance institution or professional services, law, accounting, consulting firm

Some of the attributes we look for in a person

• The ability to build and maintain meaningful relationships
• A client focused and collaborative approach
• Intellectual curiosity
• Ability to analyse, interpret and assimilate information