Mbongeni Benjamin Hlatshwayo
Banking And Finance Professional
Johannesburg
Summary
Hardworking and passionate professional with strong organizational skills and a strong work ethic. Ready to help team achieve company goals. Detail-oriented team player with the ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
21
21
years of professional experience
10
10
years of post-secondary education
Work History
Principal of Capital Markets
Development Bank of
Midrand, GP
04.2015 - Current
- Lead and oversee the Capital Markets team, within the Treasury unit
- Ensure sufficient funds in the appropriate currency and optimal cost to funds to fund the Banks asset growth
- Managing the Bank’s liquid asset portfolio, whilst optimising returns within acceptable risk parameters
- Develop and apply optimal financial structuring solutions to projects / programmes to maximize development impact
- Lead and oversee the trading desk
- Trading appropriate financial instruments for hedging and cash management and forex transactions
- Achieving target cost of debt
- Devising appropriate funding and post funding strategies that support the key strategic objective of financial sustainability
- Works with financial markets participants, credit rating agencies, internal and external stakeholders in identifying areas for improving the Bank’s business and financial risk exposures
- Manage the Bank’s relationship with stakeholders both internal and external
- Monitor compliance with all JSE regulation, capital markets agreements and other regulatory relevant statutory requirements
- Company
Funding Manager
Transnet SOC
07.2012 - 03.2015
- Develop and implement the annual funding plan
- Reduce Finance costs
- Quarterly funding reviews in order to continuously be aligned with business needs
- Raise funds from new markets: Arrange cost effective financing structures for general purposes in line with overall cash management requirements
- MDS specific funding-Alignment of initiatives with key projects
- Development of Investor Relations Strategy
- Development of investor material
- Develop and implement investor communiqué
- Corporate Governance, Compliance and internal controls: by obtaining all necessary approvals
- Deal highlights:
- Issue first ZAR bond in the international capital markets
- Being involved in a number of transactions involving ECA’s and DFI’s
- Company
Director Foreign Debt & Investor Relations Officer
National Treasury
05.2009 - 07.2012
- Understand the impact of foreign debt Management on Economic Policy
- Provide strategies to Foreign Debt management within approved guidelines
- Provide advice on prudent Debt management policies and strategies to management
- Issue Foreign Currency denominated Bonds in the Foreign Capital markets
- Maintain relationships with Foreign Investors
- Prepare managements Reports on Debt portfolio
- Develop Funding strategies
- Deal Highlights:
- Issuing the first 30 year USD bond for South Africa Issuing a number of long dated bonds in the USD market
- Getting the first Sukuk bond program in South Africa off the ground
Market Maker
Investec Bank
03.2006 - 05.2009
- Quoting prices to Asset Managers, other clients and counter party Banks
- Prop trading Bond to make a profit
- Analysis of interest rate environment
- Managing Client relationships.
Market Maker
Investec Bank
07.2004 - 03.2006
- Prop trading FRA’s and SWAPS
- Quoting prices to clients and other banks
- Analysis of general economic trends therein to make a call on direction of interest rate
- Hedging the rest of the Bank’s interest rate exposure.
Corporate Currency Dealer
Rand Merchant bank
Johannesburg, GP
11.2002 - 07.2004
- Executing Forex trades on behalf of Clients
- Investing clients foreign currency deposits
- Advising on hedging strategies i.e
- Via options or Forwards
- Client relationship management
- Advising clients on trends in the currency Market and the Economy at large.
Credit Analyst
FNB
Johannesburg
02.1996 - 01.1997
- Business Segment)
- Credit Applications Approvals
- Managing Client relationships
- Cross selling Banks products.
Education
MBA - Banking And Financial Support Services
University of London
London 05.2015 - 04.2019
Honours Degree: Bachelor of Commerce - Financial Management
The University of South Africa
Pretoria 05.2005 - 01.2007
Bachelor of Commerce - Risk Management
The University of South Africa
Pretoria, GP 01.1999 - 01.2002
Associate Diploma - Banking: Treasury Management and Trade Finance
Institute of Bankers
Johannesburg, GP 01.1998 - 01.1999
Skills
Technical Skillsundefined
Timeline
MBA - Banking And Financial Support Services
University of London
05.2015 - 04.2019
Principal of Capital Markets
Development Bank of
04.2015 - Current
Funding Manager
Transnet SOC
07.2012 - 03.2015
Director Foreign Debt & Investor Relations Officer
National Treasury
05.2009 - 07.2012
Market Maker
Investec Bank
03.2006 - 05.2009
Honours Degree: Bachelor of Commerce - Financial Management
The University of South Africa
05.2005 - 01.2007
Market Maker
Investec Bank
07.2004 - 03.2006
Corporate Currency Dealer
Rand Merchant bank
11.2002 - 07.2004
Bachelor of Commerce - Risk Management
The University of South Africa
01.1999 - 01.2002
Associate Diploma - Banking: Treasury Management and Trade Finance
Institute of Bankers
01.1998 - 01.1999
Credit Analyst
FNB
02.1996 - 01.1997
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