Associate Banker

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

• Its mission is to promote the transition to open market-oriented economies and to foster private and entrepreneurial initiative in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The EBRD operates in over 30 countries and employs more than 2,000 staff members. The organization focuses on various sectors, including banking, infrastructure, energy, and manufacturing, and has financed thousands of projects with a total value exceeding EUR 40 billion since its inception. The EBRD is committed to sustainability, equality, and digital transformation, ensuring that its operations contribute positively to the regions it serves.

Job Overview:
The Associate Banker position within the Manufacturing & Services division is a critical role that involves contributing to all phases of the project cycle. This includes project origination, structuring, execution, and initial disbursement and monitoring. The Associate Banker will be responsible for tasks assigned by the operation leader, which may encompass comprehensive due diligence, ensuring compliance with EBRD policies, and collaborating effectively with the Portfolio team post-signing and disbursement. The role also emphasizes business development in Central Asia, requiring a solid understanding of local market dynamics and business practices. The Associate will work closely with a project team, guided by an operation leader or senior bankers, to ensure successful project outcomes and contribute to the overall growth of the bank's portfolio in the manufacturing and services sectors.

Duties and Responsibilities:
Under the guidance of the operation leader or a more senior banker, the Associate Banker will engage in various activities, including:

• Structuring and Execution: Collaborate as a project team member on transactions, contributing to project structuring and execution. This includes preparing internal project documentation such as project memoranda, financial models, and presentations. The Associate will drive the quality of project due diligence, ensuring compliance with financial, market, integrity, and EBRD policies.
• Portfolio Monitoring: Support the implementation and monitoring of assigned projects, ensuring adherence to project agreements and Bank procedures. This involves monitoring financial performance, assessing risk factors, and preparing draft monitoring reports with recommendations for corrective actions.
• Business Development: Assist in marketing and business development efforts to establish market contacts and develop a robust deal flow. The Associate will screen project proposals and collaborate with colleagues to identify viable investments that align with the Bank's mandate. The role is designed to foster transaction expertise, with opportunities for increased responsibilities 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. A strong background in the financial industry, particularly within reputable financial institutions, investment or commercial banks, private equity firms, or auditing/financial consulting firms is essential. Candidates should demonstrate strong quantitative skills, credit analysis capabilities, and proficiency in interpreting financial information. Familiarity with Microsoft Office and financial modeling tools is required, along with excellent relationship management and negotiation skills. A solid understanding of relevant systems and processes is also necessary.

Educational Background:
The position requires a Bachelor’s degree as a minimum educational qualification, with a preference for candidates holding a Master’s degree in finance, economics, business administration, or a related field. Relevant professional qualifications such as ACA, CFA, ACCA, or CIMA are highly regarded and can enhance a candidate's profile.

Experience:
Candidates should have relevant experience in the financial sector, ideally within a reputable financial institution. This includes exposure to investment or commercial banking, private equity, asset management, or auditing/financial consulting. Experience in the manufacturing and services sectors, particularly in Central Asia, is desirable and will be beneficial for the role.

Languages:
Fluency in English is mandatory, with excellent written and oral communication skills required. Proficiency in Russian is also essential, as it will facilitate communication with clients and stakeholders in the region. Additional language skills may be considered an asset but are not mandatory.

Additional Notes:
This position is a short-term contract lasting 23 months. The role is based in London, United Kingdom, and is full-time. The EBRD encourages applications from qualified candidates regardless of their background, ensuring a diverse and inclusive work environment. The organization offers a comprehensive suite of competitive benefits and prioritizes employee wellbeing. Due to the high volume of applications, detailed feedback will not be provided to candidates who are not shortlisted.