Principal Risk Officer

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an 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. The EBRD operates in over 30 countries and employs a diverse workforce of approximately 2,000 employees. The organization focuses on sustainable development and aims to support projects that enhance the economic growth of the regions it serves.

Job Overview:
The Principal Risk Officer will play a crucial role within the Country and Financial Institutions (FI) Credit Risk Management Team at the EBRD. This position requires the individual to independently analyze and assess the risks associated with both new and existing financial institutions debt transactions within the EBRD's portfolio. The job holder will be responsible for conducting due diligence, recommending risk mitigation strategies, and structuring transactions effectively. The role also involves reviewing proposed projects, preparing analytical data, and communicating trends to facilitate strategic decision-making. The Principal Risk Officer will supervise and mentor Associate Risk Officers and Analysts, ensuring that the team operates efficiently and effectively in managing credit risks.

Duties and Responsibilities:
The Principal Risk Officer will be tasked with establishing an independent view on projects submitted to various committees, analyzing key risks, and advising on risk mitigation measures. Responsibilities include reviewing compliance with internal guidelines, appraising assumptions of proposals, leading country portfolio reviews, and ensuring adherence to risk guidelines. The officer will also monitor assigned portfolio counterparties and market developments, engage with Banking staff, and contribute to stress tests and portfolio reviews. Additionally, the role involves participating in executive Bank committees and supporting presentations to the Board, while promoting a positive credit culture within the organization.

Required Qualifications:
Candidates must possess advanced degrees in finance, business, economics, or equivalent practical experience. Strong influencing skills are essential for challenging the Banking team's decisions regarding transaction selection and structuring. Substantial experience in analyzing financial institutions is required, along with excellent financial modeling and accounting knowledge. Familiarity with emerging markets in the EBRD's operational countries is crucial, as is the ability to deliver clear conclusions under tight deadlines. Proven autonomous decision-making skills in high-risk environments and strong communication abilities are also necessary.

Educational Background:
The ideal candidate should have an advanced degree in finance, business, economics, or a related field. Equivalent on-the-job training may also be considered. This educational background is essential for understanding complex financial transactions and risk management principles.

Experience:
The position requires substantial experience in analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, particularly within the context of financial institutions. Candidates should have a proven track record of working in high-risk environments and making autonomous decisions. Experience in risk management or credit analysis is highly desirable, as is familiarity with the EBRD's operational regions.

Languages:
Fluency in English is mandatory, as it is the working language of the EBRD. Knowledge of additional languages relevant to the EBRD's countries of operation would be considered an asset, enhancing communication with diverse stakeholders.

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 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.