Credit Analyst

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


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.

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
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
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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