Investec Energy

Investec is a specialist bank serving clients in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who think out of the ordinary and put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

The Energy & Infrastructure (EIF) team originates, distributes, and advises debt and advisory transactions for clients in the Energy and Infrastructure space. The EIF US team acts for clients in North America.

Description of role and key responsibilities:

Support the EIF team in origination and ongoing management of the portfolio with a focus on supporting the team with internal monitoring and reporting requirements for the EIF portfolio.

The role holder will utilise asset level information, including credit papers, finance, and project documents, plus output from Investec source systems to perform the role. Key responsibilities include:

• Information and Financial Covenant tracking and monitoring for the EIF US portfolio. This includes population of the internal covenant database; updating consolidated covenant tracking spreadsheet; follow-up of outstanding information with facility agent/borrower; saving information to the relevant transaction folder; reporting covenant breaches to the US-based Analyst & Portfolio Manager in a timely manner.
• Annual review: Supporting US-based Analyst & Portfolio Manager with Annual review memo, this includes writing sections or complete annual review memo including commentary on financial/operational performance, key risk/mitigants, rating recommendation, base case model update, and others.
• Preparation of the operating, financial performance, covenant levels, and other tables/deal level data for each transaction.
• For greenfield/construction assets, periodic monitoring of construction progress via review of the contractor/Lender Technical Adviser reporting. This includes review of actual costs against budget, including use of contingency; contractor expected completion date compared to original Contracted completion date; review of material risk issues. Summary report to be issued to the US-based Analyst & Portfolio Manager in a timely manner.
• Support the EIF team by attending relevant internal meetings and actioning follow-ups as necessary, including weekly EIF Team meetings, monthly GLO meetings.
• Other support activities associated with ongoing origination or portfolio management, including but not limited to: population of data for waivers/amendment papers; maintenance of portfolio level static data, including main counterparties; collation of sustainability reporting information.

Core skills and knowledge:

• Fluent in English and excellent oral and written skills.
• Knowledge of the Energy and Infrastructure sector and its debt financing structures preferred.
• Good team player who is able to deliver in a time-efficient manner.
• Excellent command of PowerPoint, Word, Excel, and other relevant tools and databases.
• To act with integrity at all times and embrace the philosophy of treating our customers fairly (compulsory).
• Regulatory Knowledge as applicable to role (compulsory).

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced, and more fulfilled in their lives inside and outside of work.

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves, which helps to drive innovation, creativity, and ultimately business performance. At Investec, we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

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