Private Credit Portfolio Manager at Rand Merchant Bank

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, stands as a leading corporate and investment bank in Africa. We are part of one of the largest financial services groups on the continent, offering innovative solutions in advisory, funding, trading, corporate banking, and principal investing.

We are seeking a skilled and experienced professional to join our team in the role of Private Credit Portfolio Manager.

Job Overview
As the Private Credit Portfolio Manager, you will take on a critical leadership role in shaping RMBN AM’s private market initiatives. You will oversee the strategic sourcing, evaluation, execution, and management of the fund(s). With over 10 years of experience in private credit, your expertise in credit analysis, financial modeling, due diligence, and deal structuring will be essential in this role. Collaboration with senior management, internal teams, and external partners will be key to driving successful investments and market growth.

Job Title: Private Credit Portfolio Manager
Job Requisition ID: R32080
Location: Lagos
Job Type: Full-time

Key Responsibilities

Product Design & Investment Strategy

• Develop and evaluate legal structures with a focus on investor suitability, taxation, and regulatory compliance.
• Create governing documents and develop an effective investment strategy.
• Identify and source potential targets for investment to build the deal pipeline.

Deal Structuring & Due Diligence

• Lead the structuring and due diligence efforts for all investments.
• Oversee comprehensive credit analysis, evaluating financial statements, assessing risks, and performing in-depth capital structure analysis.
• Develop and maintain financial models for investment opportunity assessment.

Fund & Investment Documentation

• Lead the drafting of requisition documentation for establishing and marketing the fund.
• Negotiate and document approved investments.

Stakeholder Engagement

• Present new investments to the investing public and provide investment updates to the investment committee.
• Cultivate and maintain relationships with internal and external stakeholders, including regulators.

Portfolio Management & Monitoring

• Manage the performance of investment portfolios, providing strategic insights for optimization.
• Lead the periodic monitoring, review, and reporting of the investment portfolio.

Team Leadership & Development

• Lead, mentor, and develop a high-performing team.
• Drive key decisions with minimal supervision, ensuring quality execution.

Qualifications & Experience

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• An MBA, CFA, or a postgraduate qualification is advantageous.
• A minimum of 10 years of experience in private credit or a similar financial services role.
• Extensive experience in credit analysis, financial modeling, structuring, and leadership is required.
• Experience in private markets or investment banking is essential.
• Registration with Nigeria’s Securities & Exchange Commission (SEC) as a Sponsored Individual is desirable.

Technical Skills

• Expertise in financial modeling and valuation.
• In-depth knowledge of credit markets, capital structures, debt instruments, and transaction structuring.
• Ability to deliver strategic insights and recommendations to senior management and external stakeholders through both written and verbal presentations.
• Strong organizational and project management skills to oversee multiple priorities.

General Competencies

• Self-starter with high motivation and the ability to lead.
• Entrepreneurial mindset with a collaborative and strategic approach.
• Detail-oriented and committed to excellence, with a focus on high-quality execution.

Application Closing Date
21st April, 2025.