Principal I

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an international financial institution established in 1991 to support the development of market economies and promote private and entrepreneurial initiatives in countries transitioning to market economies. The EBRD operates in over 30 countries, primarily in Central and Eastern Europe, and has a mission to foster the transition to open market-oriented economies and to promote private and entrepreneurial initiatives. The organization employs a diverse workforce and is committed to inclusivity and sustainability in its operations.

Job Overview:
The Principal I position is a key role within the Capital Financial Markets Development (CFMD) team at EBRD, focusing on the development of financial and capital markets in the Bank's countries of operations. This role involves strategic coordination with various departments within the Bank, including Banking, Treasury, and Risk, as well as external engagement with market participants such as government agencies and institutional investors. The Principal I will be responsible for delivering new capital and financial market products, engaging in policy dialogue, and supporting capacity building initiatives. The ideal candidate will have a strong background in capital markets and a proven ability to engage with a variety of stakeholders to expand the Bank's capital market activities.

Duties and Responsibilities:
The Principal I will be responsible for a range of duties including: 1) Transaction design and support: Guiding the EBRD Banking and Treasury departments towards development opportunities, supporting product innovation, and coordinating technical cooperation projects. 2) Policy dialogue: Leading discussions with stakeholders to promote capital market development, building consensus within the Bank, and establishing relationships with external stakeholders. 3) Research and analytical work: Preparing high-quality analytical reports and policy notes that reflect capital market development issues. The role requires proactive engagement with various departments and external entities to ensure alignment with policy recommendations and to enhance the impact of EBRD investments.

Required Qualifications:
Candidates must possess a postgraduate degree in Business, Finance, Economics, Accounting, or related fields. They should have hands-on experience with a wide range of financial and capital market products, including debt, equity, and derivatives. Experience in local currency and capital market product design is essential, along with proven project management experience related to financial sector development. Strong communication skills in English are mandatory, and proficiency in additional languages relevant to EBRD's countries of operations is preferred. Candidates should also demonstrate the ability to work effectively in a multicultural environment and manage diverse teams.

Educational Background:
A postgraduate degree in Business, Finance, Economics, Accounting, or a related field is required for this position. This educational background is essential to understand the complexities of financial markets and to engage effectively in policy dialogue and project management.

Experience:
Candidates should have significant experience working with financial and capital market products, ideally within a stock exchange or similar market institution. Proven project management experience, particularly in financial sector development in transition economies, is crucial. The ability to work across organizational boundaries and manage diverse teams is also important for this role.

Languages:
Fluency in English is mandatory, with strong oral and written communication skills. Proficiency in one or more languages of EBRD's countries of operations is considered an asset, as it enhances the ability to engage with a wider range of stakeholders and facilitates effective communication in diverse contexts.

Additional Notes:
This position is a regular contract with a contract length that is not specified. The role is full-time and based in London, United Kingdom. The EBRD encourages applications from all qualified candidates, particularly those who are nationals of EBRD member countries, and is committed to diversity and inclusion in its hiring practices. The organization offers a hybrid workplace model, emphasizing flexibility and employee well-being, along with a comprehensive suite of competitive benefits.