Funding Analyst

Engineering · Full-time · Cape Town, South Africa

Job description

Prodigy Finance - who are we?

Prodigy Finance is a platform that delivers socially responsible financial services, making it possible for students from more than 150 countries to fulfil their dream of studying at the world’s top universities and schools by financing their international postgraduate studies whilst delivering competitive financial and social returns to alumni, institutional and private investors.

This borderless and innovative model enables education loan financing to students from across the globe whilst using predicted post-degree affordability rather than present-day salary. Since 2007, Prodigy Finance has extended over US$1.8 billion through the platform to fund over 35,000 students.

Prodigy Finance is fueled by impact investors and other privately qualified entities who invest in tomorrow's leaders whilst earning a financial and social return. Prodigy Finance’s borderless lending model enables students to apply for a loan based on their future earning potential and not just their current circumstances and credit history. 

Why join Prodigy Finance

  • Be a part of a pioneering global growth company.
  • Experience the excitement and learn from being part of an incredibly fast-growing young company.
  • Be pivotal in scaling the business by identifying smart solutions and partnering with tech at the heart of it.
  • Enjoy the agility and flexibility offered by a startup culture. A sociable, relaxed and friendly work environment (with a serious coffee culture where you can wear shorts to work)
  • We will help you make your mark. You will have a real impact on the business and experience a steep learning curve with huge opportunities to grow and develop.
  • Gain an inside perspective on the functioning of a venture-backed FinTech startup, backed by one of the top European VCs, learn day-to-day management and build functional expertise.
  • Build a platform that helps to make a very real difference in the world.

What will you do in the role?

Strategic Finance is responsible for enabling and improving the strategic and financial decision-making for Prodigy.  Our responsibilities combine more traditional elements of financial planning and analysis (FP&A), such as financial forecasting and trend analysis, with commercial and strategic tasks, including value creation frameworks, capital allocation decisions and broader financial problem-solving.

You will work together with the team on maintaining the financial forecast model, but with a specific focus on the various underlying funding facility models and ensuring those forecasts are accurately captured in our business plans.  You will work closely with our Capital Markets team as they hand over the models built during the originating/structuring phase to our team for ongoing monitoring once deals have been executed. 

You will contribute to ongoing analysis around the existing facilities, including any securitisations or other exit modelling.  You will also support the rest of the Strategic Finance team in input into ExCo and Board analysis and presentations, as well as partnering with the various business areas on specific analyses required to support them in their areas.  

What are some of the responsibilities of this role?

  • Building and maintaining financial forecasts and models

  • Building and maintaining funding facility models and supporting the capital markets team on transactions and the funding ops team on funding operations where required

  • Assist with funding documents, required notices and monthly interest calculations

  • Assist in answering queries from existing / new lenders

  • Supporting the treasury management function focused on liquidity and FX management

  • Translating numbers/analysis into useful insights and tools to guide and support executive team and broader business in their decision-making

  • Bringing intelligent and insightful opinions to the table

What would the ideal candidate be great at?

  • Self-starter while working in a strong team environment

  • Great at making complex things simple

  • Strong quantitative skills, including excellent financial modelling skills

  • A keen eye for detail and accuracy

  • Well-developed problem-solving abilities

  • Adeptness in the use of logic

  • Strong sense of integrity in handling sensitive topics and data

  • Balance conflicting demands and interests

  • Excitement for cross-area partnership and collaboration

Qualifications and experience

  • Bachelor’s Degree in Economics, Finance, Mathematics, Engineering, Accounting or other relevant field. CA/CFA is an advantage
  • 3+ years of relevant experience with financial modelling (e.g. investment banking/capital markets, structured finance, project finance etc.)
  • Excellent proficiency in Excel/Google Sheets. Whilst not required, experience with accounting software / Netsuite and Tableau is an advantage
  • Excellent verbal and written communication and presentation skills
  • Consistent track record of success and career progression
  • Adaptable to change and the fast pace of a dynamic Fintech company

Peers

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