Principal Banker

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

• The EBRD's mission is to foster the transition to open market-oriented economies and promote private and entrepreneurial initiative in countries from Central Europe to Central Asia and beyond. The Bank operates in over 30 countries, with a workforce of approximately 2,000 employees. The EBRD is committed to investing in sustainable infrastructure and supporting projects that enhance economic development and improve living standards in the regions it serves.

Job Overview:
The Principal Banker role is pivotal in managing and executing projects related to sustainable infrastructure, particularly in the energy and infrastructure sectors in Kenya and potentially other sub-Saharan African countries. This position requires a deep understanding of project development and implementation, including origination, structuring, execution, and monitoring of various investment instruments. The Principal Banker will lead project teams, supervise junior staff, and engage in business development and client management. The role demands a high level of independence and the ability to build relationships with stakeholders, ensuring effective project teamwork and the successful delivery of complex transactions.

Duties and Responsibilities:
The Principal Banker will be responsible for leading project teams in structuring and executing complex transactions. This includes managing project teams, overseeing due diligence processes, ensuring compliance with the Bank's standards, and maintaining high-quality reporting. The Principal Banker will also take charge of portfolio monitoring, providing guidance to junior team members, and managing client relationships. Additionally, the role involves contributing to policy dialogue, assisting in business development efforts, and mentoring junior bankers. The Principal Banker will ensure that all transactions are completed within specified time frames and adhere to the Bank's policies and objectives.

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 skills, credit analysis capabilities, and proficiency in financial modeling are essential. Candidates should also demonstrate excellent stakeholder management, coaching, mentoring, and leadership skills. The ability to work under pressure and meet deadlines is crucial, along with exceptional written and oral communication skills in English. Knowledge of the local language is an advantage.

Educational Background:
A Bachelor's degree is required, 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 highly regarded and can enhance a candidate's profile.

Experience:
Candidates should have significant experience in the financial industry, particularly within development finance institutions, investment banks, private equity firms, or financial consulting firms. Practical experience in leading complex transactions through the entire project life cycle is essential, along with a strong background in project finance and/or climate finance. Familiarity with the energy and infrastructure sectors, especially in Kenya, is highly desirable, as is an understanding of regional dynamics and trends.

Languages:
Fluency in English is mandatory, with excellent written and oral communication skills. A good command of the local language is considered an advantage, enhancing the ability to engage with local stakeholders and clients.

Additional Notes:
This position is a regular contract role with a contract length that is not specified. The EBRD promotes a flexible working environment, expecting employees to work in the office 50% of the time. The organization values diversity and encourages applications from all qualified candidates, regardless of their background. Due to the high volume of applications, detailed feedback will not be provided to candidates who are not shortlisted.