Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

African Infrastructure Investment Managers (“AIIM”) is one of the pre-eminent private equity infrastructure managers in Africa, having raised over USD3.9bn in capital over the last two decades. With 5 offices on the continent, AIIM has invested in more than 22 African countries, representing over 74 investments across the Power, Digital infrastructure, Transportation and Midstream sectors. AIIM is a wholly owned subsidiary of Old Mutual Alternative Investments (OMAI), one of the largest private alternative investment managers in Africa, with assets under management of USD7.6 billion. OMAI manages private equity and impact funds as well as infrastructure funds through AIIM. Our investment approach goes “Beyond the Obvious” and enables us to uncover opportunities others may overlook. We aim to deliver superior risk-adjusted returns as well as make a positive social impact across Africa.

Role Overview

This role is responsible for directing, coordinating and administrating all aspects of the IDEAS Fund’s legal and financial structuring, risk management, capital management and operations at the Fund level and within the portfolio companies.  The role incumbent is seen as the custodian of all Fund legal agreements and is required to advise on complex structure implementation, transactions, and compliance requirements.

Key Result Areas

Works across all transactions within IDEAS and in conjunction with advisors, provides thought leadership on the optimal structure of our funds and investmentsDirects, coordinates and administers all aspects of the funds financial and legal requirements, risk management, capital management and operations.Plays a lead role in structure implementation, managing implementation and changes.Ensures that transactions are optimal and in compliance with investor requirementsEnsures compliance to fund legal documentation including finance agreements across the portfolio (e.g. fund liquidity facilities and  guarantees)Works closely with Legal and Tax, Fund Accounting, Strategic Initiatives, CoSec, Operations and Performance Reporting teamsWorks closely with IDEAS CIO and Portfolio Manager, IDEAS Fund Accountant and IDEAS Team Operations Manager and maintains oversight of the full IDEAS Portfolio.Works closely with the OMAI Operations Team to ensure accounting and reporting data and systems are accurate and being used optimally and recommend any improvements.  Project Management in respect of implementing complex transactions including securing all necessary approvals from investment committee, investors, lenders, regulators and other stakeholders

Skills, Qualifications and Experience required:

Relevant financial or legal qualification (CA(SA), Legal (LLB), Tax, MBA,  BBusSc, etc.) +7 years infrastructure, investment banking, private equity, fund management and /or operations experience Strong network and relationships with legal and financial advisors, investors and banks as well as accounting and operations specialists Successful track record of leading project teams with high level stakeholders and qualified professionals. Familiarity with unique disciplines of structuring, negotiating, closing, and monitoring transactions. Good working knowledge of key commercial statutes and regulation (e.g. Tax, Companies Act). Have a history of repeatedly delivering major and long-term change programmes or strategic initiatives. Previous experience on transactions with complex legal and financial structures.

Competencies

Strong leadership skills Critical thinking and problem-solving skills A self-starter / proactive, showing strong action orientation, with excellent organisational, planning and prioritising skills. Assuming responsibility and accountability for the successful completion of strategic and all other related tasks whilst maintaining a high standard of excellence. Strong financial analysis and modelling skills Strong ability to interpret, understand and use legal agreementsExcellent communication skills (written and verbal) Display a strong attention to detail, a high level of accuracy in her/his work and be able to perform under pressure. Strong project management skills/ability to see projects completed Ability to work under pressure and to tight deadlines Excellent at collaborating across the organisation Solid interpersonal skills, showing an ability to work through influence Operates strategically with hands on knowledge of the areas of responsibility Drives a healthy balance between governance/ compliance and entrepreneurship Decision making abilities Implementation skills Ability to take own initiative Team orientation Solution orientated bias Communication and relationship building Anticipation, identification, and management of risks Ability to work both in a team and independently Be reliable, have integrity and display a professional approach. Maintain confidentiality of all information, both from internal and external sources

Directs the implementation and execution of the investment strategy to optimise investment advisory services and maximise the support provided to the investment team to enable successful outcomes. Regularly reviews investment portfolios and adapts strategies to address evolving needs.

ResponsibilitiesInvestment Management

Take responsibility for developing and delivering an important part of the organization's investment policy. Also responsible for maximizing the value of investments by managing an investment department or unit.

Risk Scenario Modeling

Undertake strategic and tactical risk modeling and scenario planning for business-critical decisions to support business strategy and to identify and mitigate risk in line with the risk appetite. Advise on modeling of risk scenarios to comply with the risk appetite.

Financial Policies, Guidelines, and Protocols

Lead and coordinate the development and delivery of financial policies, guidelines, and protocols across the business to ensure the company complies with regulations and good financial practice.

Leadership and Direction

Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these tenets and do extraordinary things to achieve local business goals.

Financial Management and Control

Manage a significant portion of the organization's financial management and/or control processes.

Operations Management

Manage a significant operational area for the organization.

Performance Management

Manage and report on performance within the department or area of responsibility; set appropriate performance objectives for direct reports and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.

Internal Client Relationship Management

Manage relationships with strategic internal clients and act as a business partner to them, building high levels of professional credibility and mutual trust, and mobilizing appropriate internal and/or external resources to support in delivering business strategy and plans.

Budgeting

Manage budget plans for a department. May involve development or delivery or both.

Internal Communications

Manage certain aspects of the internal communications system with some guidance from senior colleagues. This could mean being responsible for the development or operation of the system.

Organizational Capability Building

Evaluate the capabilities of staff within the department to identify gaps and prioritize development activities. Implement the organization's formal development frameworks within the area of responsibility. Coach and mentor others to support the development of the organization's talent pool.

Skills

Investment Banking, Investments, Private Equity

Competencies

Builds Effective Teams

Communicates Effectively

Customer Focus

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Optimizes Work Processes

Education

Bachelor Of Busines Science, Bachelor of Commerce (BCom): Taxation, Bachelor Of Laws (LLB), Chartered Accountant, MBA

Closing Date

10 February 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

The Old Mutual Story!