Job Description

Bring your possibility to life! Define your career with us

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

Job Summary Syndication sits within Absaxe2x80x99s Corporate and Investment Banking (CIB) division and ultimately reports into the Heads of Investment Banking Division and Markets. The team is responsible for the syndication and distribution of loans and debt capital market transactions across Africa. The business provides a strategic link between Markets and Investment Banking, acting as the private to public side bridge and ensures that no conflicts of interest occur and compliance standards are maintained with potential deals and pitches.



Based in Johannesburg, the Syndication role is of strategic importance and a critical role in the organisation. The team works closely with Absa CIBxe2x80x99s product partners including Resource and Project Finance, Africa Regional Operations Debt team, SA Debt team, Debt Capital Markets and relationship managers in Client Coverage. The team is actively involved in the origination and distribution of transactions, providing structuring guidance, feedback on pricing, liquidity and other market intelligence to both the bankxe2x80x99s clients and internal product partners to manage distribution and underwrite risk. The role within Syndication will extend to senior secured and unsecured corporate debt, project and acquisition finance and the issuance of bonds, notes or other similar financial instruments. The Syndication team has additional responsibility of the bridge and underwrite loan book and managing the de-risk thereof as well as the use of Non-Payment Insurance product.

This role is suited to an individual with a relevant commerce degree combined with relevant post graduate degree/qualification coupled with a minimum of 7 yearsxe2x80x99 relevant loan markets experience, including Markets and/or Investment Banking. A track record of 3 yearsxe2x80x99 experience as a Vice President/Director in Loan and/or Debt Capital Markets (DCM) Syndication is preferred. Knowledge of all functional and product aspects of loan products including term loans, reserve based lending (RBL), revolving credit facilities (RCF), pre-export financings (PXF), project finance, acquisition financing, leveraged finance, mezzanine finance and debt capital markets products including bonds, notes or other similar financial instruments required

Education

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 whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Absa