Job Description

Job Advert Summary

(Land Bank) is South Africa's only specialist agricultural bank established in 1912, the bank's sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

MAIN PURPOSE

OF THE JOB

Responsible for the administration of the Third Party funds that have been contracted by the Bank with Funders and Partners as per relevant agreements. Responsible for ensuring that the key outcomes and results of the Third Party Funds are reported upon according to specifications. Perform the administration for the funds under control to ensure quality delivery while meeting the expectations of all stakeholders. Responsible for the execution of and relationship management for existing and new Third Party Funds and funding lines that have already been contracted by the Bank with Funders and Partners, as applicable. Ensure appropriate liaison with Funders and Land Bank Management. Ensure project implementation according to agreed terms and conditions with Funders. Support the internal Land Bank teams with administrative and co-ordination tasks.

Key Performance Areas

1. Funds Administration and Record Management

Preparation of Contractual Agreements

Support Legal with preparation of funding contracts as per agreed terms and conditions. Contribute to the negotiation of administration fees and terms and conditions of contracts. Ensure compliance of contracts to policy and procedure.Support with the process towards the acceptance / signoff by all Stakeholders.

Facilitation of Fund/s

Liaise with relevant Business Units and Partners to ensure processes are efficiently managed with a view to continuous improvement and Stakeholder satisfaction.

Records Management

Maintain sound record management for the Third Party Funds unit

2. Fund Reporting

Source relevant information from applicable sources for Third Party Funds on a monthly and quarterly bases or on a ad hoc basis. Verify information for correctness. Provide reports to the relevant stakeholders including for audit purposes Drive the audit process of the funds where required. Support the audit process of Land Bank AFS as relates to third party funding. Ensuring the funds are managed as agreed with the funders.

3. Stakeholder Relationship Management

Build, foster and maintain effective relationships with partners. Provide support to external and internal stakeholders in their utilisation of the different funds. Engagement with the Bank's various internal divisions to create an enabling environment for the utilisation of the funds. Supporting key stakeholders with information as and when requested.

Preferred Minimum Education and Experience

Relevant B-Degree

or

NQF level 6 qualification in one of the following areas of specialisation- Accounting / Finance / Banking Degree in Agriculture 3-5 years Banking / Finance/ Funds Administration at Senior Level 2 years Exposure to Project Management 3-5 years Relationship development and management of Key Stakeholders

Critical Competencies

Microsoft Office Accounts Contract Administration Project Management Relevant legislative frameworks such as PFMA, NCA etc. Land Bank Products and application

Additional Requirements

Travel as and when required * Extended hours as and when required