Website Development Bank of Southern Africa (DBSA)
Recruiter/Employer: Development Bank of Southern Africa (DBSA)
The Development Bank of Southern Africa (DBSA) is a prominent development finance institution fully owned by the South African Government. Established in 1983, the bank is dedicated to expediting sustainable socio-economic development to enhance the quality of life for individuals in South Africa, the Southern African Development Community (SADC), and the broader African continent. Our mission is to provide financial and non-financial investments in social and economic infrastructure sectors to drive progress.
The Development Bank of Southern Africa (DBSA) is a pivotal financial institution dedicated to fostering sustainable socio-economic development across South Africa, the Southern African Development Community (SADC), and the broader African continent. Established in 1983, DBSA operates under the auspices of the South African government, playing a crucial role in catalyzing progress and enhancing the quality of life for millions of people.
Mission: DBSA’s primary mission is to accelerate socio-economic development by providing both financial and non-financial investments in critical social and economic infrastructure sectors. By doing so, the bank aims to address pressing challenges and unlock opportunities for growth, prosperity, and social inclusion.
Focus Areas: DBSA focuses its efforts on four priority sectors:
- Energy: This includes investments in renewable energy, energy efficiency, and traditional energy sources, aiming to improve access to reliable and sustainable energy across the region.
- Transportation: DBSA invests in transportation infrastructure such as roads, railways, and ports, facilitating connectivity and trade within and beyond national borders.
- Bulk Water: Recognizing the importance of water security, DBSA supports projects aimed at improving water supply infrastructure and management to ensure access to clean and reliable water resources.
- ICT (Information and Communication Technology): DBSA recognizes the transformative potential of ICT in driving economic growth and social development. Investments in this sector aim to enhance connectivity, digital literacy, and access to technology-driven solutions.
Values: DBSA operates based on a set of core values that guide its actions and decisions:
- Excellence: Striving for the highest standards of performance and professionalism in all endeavors.
- Integrity: Conducting business with honesty, transparency, and ethical principles.
- Innovation: Fostering creativity and adaptability to develop innovative solutions to complex challenges.
- Collaboration: Working closely with stakeholders, partners, and communities to achieve shared goals and maximize impact.
- Accountability: Taking responsibility for actions and outcomes, and continuously seeking ways to improve effectiveness and efficiency.
Community Impact: Through its investments and initiatives, DBSA makes a tangible difference in the lives of individuals and communities across the region. Whether through improved access to essential services, job creation, or infrastructure development, DBSA’s work contributes to building a more resilient, inclusive, and prosperous society.
Partnerships: DBSA recognizes the importance of collaboration and partnerships in driving sustainable development. The bank works closely with governments, multilateral institutions, private sector entities, civil society organizations, and communities to leverage resources, expertise, and networks for greater impact.
Innovation and Sustainability: DBSA embraces innovation and sustainability as key drivers of development. By investing in cutting-edge technologies, green initiatives, and sustainable practices, the bank seeks to ensure that its projects and interventions are not only impactful in the short term but also environmentally and economically sustainable in the long run.
Development Bank of Southern Africa (DBSA) stands as a beacon of development and progress, committed to advancing sustainable socio-economic development across the region. With a focus on critical infrastructure sectors and a dedication to excellence, integrity, and collaboration, DBSA plays a pivotal role in shaping a brighter future for all.
Job Positions: Capital Market Officer – Funding Desk
Location: Midrand, Gauteng, South Africa
Reference Number: DBSA-CMOFD-2024
A Capital Market Officer working at the Funding Desk plays a crucial role in facilitating funding transactions and managing the bank’s capital market activities. This role involves a combination of technical expertise, financial acumen, and strategic thinking to ensure the efficient and effective sourcing of funding to support the bank’s objectives.
Responsibilities:
- Origination: Capital Market Officers are responsible for identifying and originating funding opportunities in alignment with the bank’s funding strategy and objectives. This involves researching market trends, assessing funding needs, and identifying potential sources of capital.
- Structuring: Once funding opportunities are identified, Capital Market Officers are tasked with structuring the transactions to meet the bank’s requirements and optimize funding costs. This may involve designing financial instruments, negotiating terms, and coordinating with internal stakeholders to ensure alignment with the bank’s goals.
- Negotiation: Negotiation is a critical aspect of the role, as Capital Market Officers must engage with investors, financial institutions, and other stakeholders to secure favorable terms for funding transactions. This requires strong communication skills, an understanding of market dynamics, and the ability to advocate for the bank’s interests.
- Execution: Once funding agreements are reached, Capital Market Officers oversee the execution of the transactions, ensuring compliance with regulatory requirements, internal policies, and industry standards. This involves coordinating with legal, compliance, and operations teams to finalize documentation and facilitate the transfer of funds.
- Risk Management: Capital Market Officers are also responsible for assessing and managing risks associated with funding transactions. This includes conducting due diligence, evaluating creditworthiness, and implementing risk mitigation strategies to safeguard the bank’s interests.
- Relationship Management: Building and maintaining relationships with external stakeholders, including investors, financial institutions, and regulatory bodies, is essential for success in this role. Capital Market Officers serve as the primary point of contact for external parties and must cultivate trust and credibility to facilitate successful partnerships.
Skills and Qualifications:
- Financial Acumen: A strong understanding of capital markets, financial instruments, and funding structures is essential for success in this role. Capital Market Officers must possess a solid grasp of financial principles and practices to effectively navigate complex transactions.
- Communication: Excellent communication skills are paramount, as Capital Market Officers are required to interact with a diverse range of stakeholders, both internally and externally. This includes conveying complex financial concepts clearly and persuasively, as well as negotiating terms and resolving conflicts.
- Analytical Abilities: The ability to analyze financial data, evaluate risks, and make informed decisions is critical for Capital Market Officers. This involves conducting thorough due diligence, assessing market trends, and identifying opportunities to optimize funding strategies.
- Negotiation: Strong negotiation skills are essential for Capital Market Officers, as they are responsible for securing favorable terms for funding transactions. This requires the ability to articulate the bank’s interests effectively and reach mutually beneficial agreements with external parties.
- Teamwork: Capital Market Officers must be effective collaborators, as they often work closely with colleagues from various departments, including finance, legal, and risk management. The ability to collaborate effectively and contribute to cross-functional teams is essential for success in this role.
- Adaptability: The financial landscape is constantly evolving, and Capital Market Officers must be adaptable and responsive to changes in market conditions, regulations, and industry trends. This requires a willingness to learn, adapt, and innovate in response to emerging challenges and opportunities.
Career Path:
The role of a Capital Market Officer offers excellent opportunities for career advancement and professional development. With experience and expertise, individuals in this role may progress to senior positions within the bank’s capital markets team, such as Capital Markets Manager or Head of Funding. Additionally, individuals may explore opportunities in investment banking, asset management, or corporate finance, leveraging their skills and experience in capital markets to pursue rewarding career paths in the financial industry. Continued education, professional certifications, and networking can further enhance career prospects and open doors to new opportunities in the dynamic and competitive field of capital markets.
The profession of a Capital Market Officer at the Funding Desk of the Development Bank of Southern Africa (DBSA) offers a challenging and rewarding career path for individuals with a passion for finance, strong analytical skills, and a commitment to driving sustainable development. By playing a key role in sourcing funding and managing capital market activities, Capital Market Officers contribute to the bank’s mission of accelerating socio-economic development and improving the quality of life for people across the region.
Benefits:
- Competitive salary commensurate with qualifications and experience.
- Comprehensive benefits package including medical, dental, and retirement plans.
- Opportunity for career growth and advancement within a dynamic and mission-driven organization.
- Exposure to diverse funding transactions and projects contributing to regional development.
- On-site workplace environment fostering collaboration and professional development.
Eligibility:
- Bachelor’s degree in Finance, Economics, Business Administration, or related field.
- Strong understanding of capital markets, funding structures, and financial instruments.
- Excellent communication skills with the ability to negotiate effectively.
- Entry-level candidates are welcome to apply; relevant internships or prior experience in financial services is advantageous but not required.
Requirements:
- Prepare and execute funding transactions in alignment with the Bank’s funding strategy and objectives.
- Collaborate with internal stakeholders to originate, structure, and negotiate funding deals.
- Conduct financial analysis and risk assessments to inform funding decisions.
- Assist in the development of innovative funding solutions to optimize costs and diversify funding sources.
- Maintain documentation and records of funding transactions and related activities.
- Stay updated on market trends, regulatory changes, and industry developments impacting funding activities.
Vacancy:
Interested candidates should submit the following documents:
- Resume/CV detailing education, relevant experience, and skills.
- Cover letter highlighting interest in the Capital Market Officer position and relevant qualifications.
- Academic transcripts (if applicable).
How to Apply:
Please submit your application via email to careers@dbsa.org with the subject line “Application for Capital Market Officer – Funding Desk.” Additionally, indicate the reference number (DBSA-CMOFD-2024) in your email.
Closing Date:
The deadline for applications is not available.
Official Contact:
For inquiries or further information, please contact:
Development Bank of Southern Africa (DBSA) 1258 Lever Road, Midrand, P O Box 1234, Halfway House, 1685, Midrand, Gauteng, South Africa
Phone: +27 11 313 3911
Email: careers@dbsa.org
Website: http://www.dbsa.org
To apply for this job email your details to careers@dbsa.org