Credit Analyst

at Best Jobs
Location Cape Town, South Africa
Date Posted Jun 25, 2020
Category Sales & Marketing Jobs
Job Type Full-time

Description

This person is responsible, as part of a team, for all aspects of the credit analysis process across
counterparties and industries predominantly in the listed debt space.

Customers
Investment team, with the focus being the Listed Credit Team;
Listed Credit Committee;
Borrowers/investee companies;
Clients invested in funds; and
Portfolio Managers and the Dealing Desk.

Key result areas
Detailed investment analysis (including an assessment of financial, operational, management,
competitive, industry, governance, environmental and social factors);
Proposal of investment recommendations with regard to new listed bond and money market
instruments;
Review of existing transactions to assess evolving risks and rewards, and recommend if our client
funds should continue to hold the investment, buy more or sell;
Analysis of legal documentation, including performing a commercial review of key terms and
conditions for appropriateness;
Working with internal and external legal advisors to ensure adequate protections are captured in the
legal documentation;
Development of proposals for appropriate risk-adjusted pricing, and working with the dealing desk in
the pricing and valuation of listed bond instruments;
Monitoring of pricing and issuance trends in listed debt auctions to inform the broader investment
decision making process;
Develop with the team, and subsequently maintain, internal relative value pricing databases;
Global and local, as well as, industry specific research and analysis;
Participation in ad-hoc projects (related to listed bonds, process improvements, ASISA initiatives
etc.);
Regular contact with borrower management teams, rating agencies, deal originators, legal advisors,
internal portfolio managers, ASISA, the JSE and other stakeholders;
Developing and maintaining counterparty and arranger relationships;
Deal origination, including sourcing transactions via reverse enquiry;
Maintenance of all investment related data;
Participation in valuation processes, Listed and Unlisted Credit Committees and other internal team
meetings; and
Participation in client investor presentations, discussions and report backs.

Technical/professional knowledge and skills
At least two years prior asset management or banking experience in credit analysis (preferably listed
credit), deal implementation, monitoring and instrument valuations;
CA (SA) and/or CFA candidate or similar is strongly preferred;
Financial Accounting, Economics or Financial Analysis up to a 3rd year level is a requirement;
Strong commercial and analytical focus with a passion for investments; and
Computer literacy (MS Office, especially MS Excel) is essential.

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