Associate Principal: Internal Debt Sponsor

Job Purpose

To fulfil the role as Debt Sponsor to Nedbank Limited and Nedbank Group Limited in respect of their respective DMTN programmes in terms of the Debt and Specialist Securities Listings Requirements (DSSRs).

Job Responsibilities

Fulfil the role of Debt Sponsor in terms of paragraph 2.7 of the DSSRs, including but not limited to:

• Ensure that the issuer is guided and advised as to the application of the DSSRs.
• Provide to the JSE any information or explanation known to it in such form and within such time limit as the JSE may reasonably require for the purpose of verifying compliance with the DSSRs by it or by an issuer.
• Ensure that all SENS announcements comply with the DSSRs before submission to the JSE.
• Use all reasonable endeavours to ensure that the issuer complies with the DSSRs.
• Manage the submission of all documentation to the JSE and ensure its compliance with the DSSRs before submission is made.
• Carry out any activities which are requested by the JSE in respect of the application of the DSSRs.
• Discharge its responsibilities with due care and skill.
• Prior to the submission of any documentation that requires approval by the JSE, satisfy itself to the best of its knowledge and belief, having made due and careful enquiry of the applicant issuer, that there are no material matters, other than those disclosed in writing to the JSE, that should be taken into account by the JSE in considering the submission.
• Advise the JSE immediately if they are aware or have reason to suspect that any of their debt sponsor clients/the issuer have/has or may have breached the DSSRs.
• Be present at all discussions held between the JSE and the issuer. The JSE may, however, where it deems appropriate, communicate directly with an issuer or with an adviser of the issuer, in order to discuss matters of principle and/or the interpretation of provisions of the DSSRs.
• Adhere to the Sponsor Code of Ethics and Standards of Professional Conduct as contained in the appendix to Schedule 16 of the JSE Listings Requirements.
• Ensure accuracy and validity of client information by interrogating assumptions and commerciality of information provided.
• Maintain competency through keeping up to date with changes to the DSSRs.
• Ensure effective time management by managing turnaround times.
• Build strong issuer relationship through the delivery of good quality work outputs and strong verbal and written communication skills.
• Ensure provision of timeous resolutions for the issuer by addressing specific JSE-related queries.
• Share DSSRs knowledge with the issuer.
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Ensure compliance with internal processes through developing an understanding of internal procedures.
• Ensure personal time management.
• Ensure that all admin related responsibilities are timeously addressed.
• Ensure all personal development plan activities are completed within specified timeframe.
  
  

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Professional Qualifications/Honour’s Degree
  
  

Essential Qualification

JSE Debt Approved Executive

Minimum Experience Level

6-8 years Debt Sponsor experience

Technical / Professional Knowledge

• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of financial management
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Cluster Specific Operational Knowledge
  
  

Behavioural Competencies

• Adaptability
• Coaching
• Communication
• Initiating Action
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills
  
  

Please contact the Nedbank Recruiting Team at +27 860 555 566