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. The organization operates in over 30 countries, employing thousands of professionals dedicated to supporting the development of sustainable economies. The EBRD is known for its commitment to sustainability, inclusiveness, and innovation, and it plays a crucial role in shaping the future of the regions it invests in.

Job Overview:
The Associate Banker position is integral to the EBRD's operations, contributing to all phases of the project cycle. This includes project origination, structuring, execution, and implementation, as well as monitoring projects in collaboration with Participating Financial Institutions. The Associate Banker is expected to undertake comprehensive due diligence, ensuring compliance with financial, market, integrity, and EBRD policy standards. This role also involves elements of business development, client management, and policy dialogue, providing a platform for professional growth and the opportunity to take on more responsibilities as one gains experience in the role.

Duties and Responsibilities:
The Associate Banker will work under the guidance of an operation leader or a more senior banker, contributing to project structuring and execution. Key responsibilities include:

• Collaborating with project teams on transactions, ensuring high-quality project due diligence;
• Preparing internal project documentation, such as approval memoranda, financial models, and presentations;
• Designing and processing technical cooperation assistance;
• 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;
• Providing guidance to junior team members and taking on increased responsibilities as one progresses in the role.

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, familiarity with local and international accounting principles, and proficiency in Microsoft Office and financial analysis software. Excellent written and oral communication skills in English are mandatory, and proficiency in the local language is an advantage.

Educational Background:
A Bachelor’s degree is required for this position, with a preference for candidates holding a Master’s degree or equivalent experience in finance, economics, or a related field. Professional qualifications such as ACA, CFA, ACCA, or CIMA are also highly regarded, as they demonstrate a commitment to the financial profession and a strong understanding of financial principles.

Experience:
Relevant experience in the financial industry is essential, ideally from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm that adheres to international standards. Candidates should have practical experience participating in transactions throughout the entire project life cycle, showcasing their ability to manage projects effectively and meet deadlines.

Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the EBRD. A good command of the local language is considered an advantage, as it can facilitate better communication with local stakeholders and clients.

Additional Notes:
This position is a regular contract role with a specified contract length. The EBRD promotes a hybrid workplace model, offering flexibility to employees. The organization values diversity and encourages applications from qualified candidates regardless of their background. The EBRD provides a comprehensive suite of competitive benefits and prioritizes employee wellbeing, ensuring a supportive work environment.