Manager, Real Estate Finance

Overview

  • 34857
  • Investment Banking
  • Nigeria
  • Lagos
  • Lagos Island

Job Details

This team focuses on the Real Estate equities portfolio in South Africa and the rest of our African operations, spanning Joint Ventures and Affordable Housing Development, which supports our commitment to meaningful transformation by providing high-quality homes for low-income households.

Job Purpose

To provide deal execution management, guidance and support to junior colleagues (both associates and analysts) for all transactional and administrative aspects involved throughout the entire Real Estate finance value chain process (i.e. advisory, origination, debt structuring, execution, financial close and ongoing transaction monitoring for all projects).

Key Responsibilities/Accountabilities

Identifying and developing opportunities

Assist in developing debt structuring/arranging and / or advisory mandates for identified opportunities

Developing comprehensive financial models

Developing and manipulation of excel spreadsheets and other comprehensive financial models for Real Estate finance transactions

Data gathering and base case development

Assist in undertaking data gathering for model / spreadsheet inputs and working alongside relevant consultants in finalizing Base Case models for debt funding transactions

Financial Analysis

Assist in undertaking financial analysis of company / projects and project financial statements and preparing brief internal reports based on findings

Developing and managing deal execution and project deliverables

Assist in developing and managing execution of deal and project deliverables during the entire transaction value chain (this will include but not limited to the following;- preparation and review of Information Memorandum, , Transaction Timetables, Financial Models, Internal Transaction Documents (i.e. Pre Credit papers and Credit Papers, Investment Teasers, Term Sheets, Loan Documentation etc)

Developing innovative financial solutions

Working in conjunction with other team members in putting forward innovative financing solutions to clients, the bank’s senior management and colleagues

Preparing presentation materials

Assist in preparing presentation materials and presenting deal structures to other units within the bank, at client marketing pitches and to co-financiers and investors

Submitting work In Progress Reports

Assist in submitting Work In Progress Reports to senior management located in Nigeria and South Africa

Transaction monitoring

Preparing transaction summaries identifying key follow-up and monitoring steps after transaction closing for the benefit of other business groups

Establishing and maintaining relationships with clients

Establishing, developing and maintaining relationships with existing and potential clients and accompanying other senior members of the bank at client meetings

Preparing client calling reports

Preparing and distributing client Calling Reports in a timely manner

Transaction consultant monitoring

Monitoring and following up on deliverables being prepared by consultants assigned to transactions

Assisting senior colleagues

Assist senior members of the department in day-to-day work as delegated and carrying out other duties as required by the job

Provide guidance and allocate tasks to junior members of staff

Provide guidance to junior members of staff in undertaking their duties

Provide support in allocation tasks to junior members of staff

Preparing files for audit

Preparing files as to be ready for the annual audit process and assist in discussing, responding and reacting to comments raised by the Audit division

Staying up-to-date on relevant market information

Keeping abreast of developments in the local, regional and international Real Estate finance market

Ensure adherence to policies

Ensure that the policies and procedures of the bank are being followed.

Preferred Qualification and Experience

Qualifications
Bachelors’ Honours Degree in Built Environment, Economics, Accounting, Banking & Finance, Engineering or other related subjects

Bachelor or Master’s Degree with minimum of Second Class Upper division (2:1) In addition, CFA accreditation would be useful. CFA accreditation, Professional membership of real estate bodies such as RICS, ULI etc., would be useful

Experience

The job applicant should have between 8 – 10 years related work experience, preferably from a real estate finance/ project finance/ advisory background. 

 

Knowledge/Technical Skills/Expertise

Key Performance Measures

Customer

Perform calls to existing and potential customers to follow up on opportunities and support in the presenting of the bank’s credentials. With guidance from the respective unit head and senior colleagues, interact on a select basis with clients on mandated transactions until project achieves financial closing.

Financial

Assists in providing support for the preparation of business plans and budgets on a unit and department basis

Internal Process

Assist in preparing and reviewing memos and proposals;

Working with the Unit Head to ensure that all compliance issues (i.e. KYC etc) are suitably addressed;

Ensure that the policies and procedures of the bank are being followed;

Assist in identifying, pursuing and executing agreed business in a professional manner and within the framework as set out by the bank

Assist in preparing transaction summaries, assist in identifying key follow-up and monitoring steps in co-ordination with the Transaction Management Unit  after transaction closing;

Keeping the Transaction Management Unit fully up to date on transactions prior to hand-over at financial close;

Working alongside the Transaction Management Unit in attending general asset monitoring requests;

Taking guidance and liaising with Legal and Risk Officers to ensure all necessary documentation on transactions are suitably addressed;

Assist in providing clarifications and responding / reacting to comments received from the Audit Division;

Assist unit head and colleagues in the day-to-day work as delegated.

People

Working in co-ordination with individuals from other divisions, and in particular members of the investment banking team to enhance teamwork efforts within the division;

Take a proactive approach towards the own personal learning and development;

Escalate feedback on junior staff performance to Senior colleagues and Unit Heads;

Adhere to the core values of Stanbic IBTC and apply professional codes of conduct at all times

PLEASE NOTE: We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraudline on 0800222050 or forward to TransactionFraudOpsSA@standardbank.co.za