Counter Sales Executive (Technical)

Support the back-office team to achieve financial strategy and vision by ensuring alignment of the Bank's Financial Strategy, through conducting financial modelling, scenario planning and forecasts, and reviewing and amending financial policies to support the business.

Key Responsibilities

1. Strategic Reporting and Investment Support: Facilitating the alignment of the financial strategy with the business strategy concerning the asset and liability portfolio of the Bank. Review the asset and liability performance to confirm alignment between the DBSA corporate strategy and the Bank's operating model.
2. Preparation of reports encompassing financial modelling, scenario planning, and forecasting in support of the strategic direction for the DBSA Asset and Liability portfolio.
3. Provide assistance and guidance in developing supporting systems and procedures.
4. Provide financial and statistical reports for executive decision making.
5. Review and amend financial policies and procedures to support the business and ensure alignment with procedures, strategies, and financial rules and regulations.
6. Provide proactive and regular forecasting and scenario planning for corporate and divisions.
7. Interpret and analyse key financial information, current and forecast ratios to assist in financial decision making.
8. Implement expense-management strategy to be utilised for financial analysis, decision-making, and cost savings.
9. Escalate any deviations and challenges to management, with recommended remedial and mitigating actions.
10. Implement financial control processes and ensure effective management of working capital, margin management, risk management, and disciplined financial best practice.

Management Reporting and Information Systems

1. Preparation and review of the notes to the financial statements and ensure accurate quality and timeliness of the quarterly and annual results.
2. Review of financial processes and systems and ensuring regular updates.
3. Prepare financial plans and budgets for executive decision-making.
4. Preparing balance sheet and cash flow projections with accuracy, reliability, and on time.
5. Impairment assessments and review of the asset portfolio for adequacy of provisions on the credit portfolio and reasonableness of fair values of the unlisted equity investments.
6. Provide proactive and regular forecasting and scenario planning for corporate planning for assets and liabilities.
7. Assess processes and recommend continuous improvements on back-office support operations.
8. Review own actions against the organisation plan (Balance Score Card) and look at the "big picture" when considering opportunities.
9. Evaluate functions against the organisational plan (Balanced Scorecard) and ensure achievement of targets while considering the broader strategic perspective and identifying opportunities.
10. Keep abreast of the DBSA's business functions, business developments, and trends.
11. Maintain ongoing compliance in terms of legislative (Treasury, PFMA), financial, tax, and related matters.
12. Provide information and insights in the preparation of annual and interim financial reports.
13. Review payments to ensure protection against or early detection of fraudulent activities.
14. Conduct research and analyse complex and diverse information to gather insights and market data.
15. Support in the design of workflows and procedures.

Stakeholder Management

1. Provide direction and management to colleagues where applicable.
2. Build relationships with stakeholders across the organisation to ensure open communication and to obtain a deep understanding of the Bank's operations.

Qualifications and Experience

Minimum Requirements:

1. A Bachelor's Degree in Commerce, Finance, or Accounting.
2. A minimum of 5 years' experience in investment banking within the banking environment.
3. A minimum of 2 years' experience in relevant treasury accounting, assets, and liability portfolio management.
4. A strong career track record in the back office in a large, complex organisation with multi-dimensional businesses within the banking sector for a minimum period of 4 to 5 years, preferably in an investment banking environment.
5. Strong understanding of and commitment to good corporate governance and specifically international reporting standards including IFRS 9, IFRS, Basel, GAAP, and other regulatory requirements including the PFMA.
6. Understanding of key financial markets.
7. Knowledge of the relevant legislative framework, i.e., King IV, MFMA, PPPFMA, and other relevant legislation.

Desirable Requirements:

1. A CA(SA) or CFA qualification.
2. Exposure to African global markets.
3. Equity valuation experience.
4. Good understanding of SAP, quantum, and other accounting tools.

Required Personal Attributes

Behavioural Competencies:

1. Customer Service Orientation
2. Self-awareness and Self Control
3. Strategic and Innovative Thinking
4. Driving Delivery of Results
5. Teamwork & Cooperation
6. Information Seeking and Analysis
7. Flexibility
8. Decisiveness
9. Interpersonal Skills
10. Analytical Thinking
11. Achievement Orientation

The Development Bank of Southern Africa will endeavor to make appointments in line with its Employment Equity Policy and Plan. Applications from suitably qualified designated groups, especially people with disabilities, are encouraged.

The DBSA corporate culture fit requires clear, logical, and analytical thinking grounded in good interpersonal skills, a sense of urgency, and results-oriented execution of duties.

The ability to work collaboratively and find practical yet innovative solutions is critical to success in a work environment that demands emotional resilience, accountability, and responsible risk-taking and management.

The DBSA reserves the right to amend or remove vacancies in line with organisational requirements.

All vacancies can be viewed on the DBSA website under Careers.