Borrowing Base Facilities (“BBF”) Operations Consultant

Description

The BBF consultant is responsible for ensuring a seamless experience for clients with a BBF throughout the lifecycle of the facility. Limited Local travelling required in the role (own car is a necessity).

• Implementation of new BBF clients and ongoing facility increases/decreases/restructures.
• Attend client visits with credit team or portfolio managers & business reviewers as required to support stakeholder activity
• Engage clients in person on BBF product, requirements, and differences/benefits to similar products in the market
• Assisting with maintaining debtor and stock categorisation

• Manual limit calculations and migration of client asset data into systems
• Determine / review calculation of non-standard BBFs.
• Maintaining debtor categorisation
• Ensure continuity of calculation process per client

• Capturing and maintaining monitoring dashboards
• Reconciliation of debtors movement and investigating recon breaks
• Maintain and monitor BBF trends and triggers, including covenant measurements and investigating deteriorations or breaches
• Having an inquiring mind to identify and unpack trends and triggers revealed in dashboards
• Engage with all relevant stakeholders on any issues or opportunities as they are identified through monitoring activities e.g. Sales, Credit and Recoveries teams
• Presenting in credit forums
• Assist in recovery of distressed clients

• Vetting client accounts to measure percentage debtor receipts paid into BBF.
• Record-keeping of client information and calculation traceability
• Ensure that all aspects related to clients are managed accurately and timeously (e.g. fees being raised).
• Assisting clients and stakeholders with operational queries

• Design / maintain processes and checklists
• Design / maintain training material
• Involvement in ongoing projects as a tester
• Process improvement and deployment
• Training stakeholders and clients on product mechanics

• BCom (Finance or Accounting focused) or similar with minimum 3 years working experience, ideally in an operational/technical role for a lending function in a large bank or financier.
• Understanding of working capital structures and products
• Understanding of varied types of debt and associated repayment profiles
• Strong analytical skills – incl. familiarity of Microsoft Office suite esp. Excel at an advanced level (e.g. lookups, pivot tables, advanced formulae etc.)
• Ability to work under pressure and prioritise multiple tasks
• Team Player/Strong people skills (interacting with colleagues and clients)
• Very accurate, sense of urgency and strong attention to detail
• Strong banking fundamentals knowledge incl. interpretation of legal agreements and application thereof
• Strong ability to learn concepts, apply, and adapt appropriately
• Apply learnings continuously in a cradle-to-grave model

• Exposure to lending related deal / transaction management
• Exposure to financial and operational covenants, collateral management and credit
• Exposure to debtor management and/or credit insurance

At Investec we look for intelligent, energetic people filled with passion, integrity and curiosity. We value individuals who in turn value our culture that is, a flexible attitude comfortable to live with ambiguity and willing to challenge the status quo. Diversity, talent and leadership are respected in pursuit of the growth of our business. People who can manage themselves and build strong relationships in order to get things done, will perform in out of the ordinary ways in our environment.