Under the supervision of the Head of SNOU, the SNOU consultant will undertake the following:
Assess the current status of specific distressed or underperforming investments from a technical standpoint;
Prepare action plans and different resolution options drawing on strong technical knowledge and a proven track record for each non-performing or impaired investee company to be presented to the internal Credit Risk Committee including options and recommendations to resolve problem investments. Understanding the need to protect the over-arching developmental mandate of the Bank and managing cultural sensitivities is key to this role;
Lead the process to identify options for the Bank and to make recommendation for actions to be taken to resolve problem projects across various NSO sectors including Infrastructure, Transport, Housing, Power and Mining;
Conduct business reviews to understand the issues facing companies and offering practical solutions, interact with accountants, legal, financial and sectoral consultants; interact with senior management of investee companies; liaise with other co-investors and development finance institutions (DFIs) and review financial and valuation models with sensitivities as required;
Assist and recommend recovery actions where relevant and
work with in-house and external counsel to arrive at action plans for recoveries;
Preparation of financial forecasts and perform cash flow analysis to determine the debt carrying capacity of borrowers and the return potential for equity investments, participate in due diligence of companies and determine, document and present options for approaching investment resolutions (e.g. trade sale, restructuring, refinancing, workout, enforcement of security and insolvency proceedings, debt for equity swaps or any other rescue approaches and exit routes);
Monitor the financial and operational performance of impaired investments and effect execution and implementation of agreed workout strategies, applying advanced corporate negotiating and influencing skills in recovery and workout;
Prepare regular reports and papers as required on all investment resolution activities;
Work on ad-hoc SNOU projects relating to specific investment situations as they arise and on both Project Finance, Corporate Finance transactions and Equity Investments;
Identify lessons learned from projects and disseminate these to other investment departments within the Bank to improve quality at entry for new projects.
Interact and work with other Lenders in lender consortia;