Associate Banker

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a pioneering international financial institution established in 199

• The EBRD's mission is to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The organization operates in over 30 countries and employs a diverse workforce of approximately 2,000 employees. EBRD is committed to sustainable development and aims to support projects that enhance the quality of life and economic growth in the regions it serves.

Job Overview:
The Associate Banker position at EBRD in Dakar, Senegal, is a pivotal role that contributes to all phases of the project cycle, including project origination, structuring, execution, and implementation and monitoring. The Associate Banker will be responsible for tasks assigned by the operation leader, which may involve comprehensive due diligence, ensuring compliance with EBRD policies, and effective post-signing implementation and monitoring. This role requires collaboration with international teams and necessitates a strong command of English for resume submission. The Associate Banker will also engage in business development, client management, and policy dialogue, thereby playing a crucial part in the bank's mission to foster economic growth and development in the region.

Duties and Responsibilities:
The Associate Banker will work under the guidance of the operation leader or a more senior banker and will be involved in various aspects of project structuring and execution. Key responsibilities include:

• Collaborating with project teams on transactions, ensuring high-quality project due diligence, including financial, market, integrity, and EBRD policy compliance.
• Preparing internal project documentation such as approval project memoranda, financial models, and presentations.
• Designing and processing technical cooperation assistance as the TC operation leader, ensuring alignment with investment project schedules.
• Monitoring project implementation and financial performance, assessing risks, and ensuring compliance with project agreements.
• Preparing comprehensive monitoring reports with recommendations for corrective actions.
• Assisting in marketing and business development efforts. The role is designed to develop transaction expertise and expand responsibilities, potentially leading to the position of operation leader on standard transactions.

Required Qualifications:
Candidates must possess a Bachelor’s degree, with a Master’s degree preferred or equivalent experience in relevant fields. Professional qualifications such as ACA, CFA, ACCA, or CIMA are desirable. Strong quantitative and numerical skills are essential, along with the ability to interpret financial information and design financial models. Candidates should have credit analysis skills and be familiar with local and international accounting principles. Proficiency in Microsoft Office and spreadsheet packages is required, along with the ability to work effectively under pressure and meet deadlines. Excellent written and oral communication skills in English and French are mandatory, with proficiency in any other local language being advantageous.

Educational Background:
The educational background required for the Associate Banker position includes a Bachelor’s degree in finance, economics, business administration, or a related field. A Master’s degree is preferred, as it provides a deeper understanding of financial principles and practices. Candidates with professional qualifications such as ACA, CFA, ACCA, or CIMA will have an added advantage, as these qualifications demonstrate a high level of expertise in financial analysis and management.

Experience:
Relevant experience in the financial industry is essential for this position. Candidates should have experience working in development finance institutions, investment or commercial banks, private equity firms, asset management firms, or international auditing/financial consulting firms. Practical experience in participating in transactions throughout the project life cycle is crucial. Familiarity with the local market and an understanding of country/regional dynamics and trends are highly desirable, as they will enhance the candidate's ability to navigate the complexities of the role effectively.

Languages:
Fluency in English and French is mandatory for this position, as the role involves collaboration with international teams and requires effective communication with stakeholders. Proficiency in any other local language is considered a valuable asset, as it can facilitate better engagement with local clients and partners.

Additional Notes:
The position is a regular contract with a specified end date of 26/08/202

• The successful candidate's appointment will be contingent upon obtaining the necessary approvals to open an office in Senegal. The EBRD promotes a hybrid workplace that emphasizes flexibility, trust, and connectedness among teams. The organization values diversity and encourages applications from qualified candidates regardless of their background. The EBRD offers a comprehensive suite of competitive benefits and prioritizes employee wellbeing.