Associate Director, Senior Risk Officer

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank 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 has a workforce that reflects a diverse range of backgrounds, perspectives, and experiences, enhancing its ability to serve clients effectively. The bank is committed to sustainability, equality, and digital transformation, and it prioritizes employee wellbeing by providing a comprehensive suite of competitive benefits.

Job Overview:
The Associate Director, Senior Risk Officer is responsible for independently analyzing and appraising risks associated with the EBRD's portfolio of corporate project finance debt transactions, particularly in the Energy and Infrastructure sectors. This role involves identifying necessary due diligence, recommending risk mitigation measures, and advising on transaction structures, including security" style="border-bottom: 1px dotted #007bff !important;">security, covenants, and pricing. The Senior Risk Officer will review portfolio projects, assign credit ratings, and communicate trends and lessons learned to management and peers to support strategic decision-making and stress-testing. Additionally, the role includes leading and coaching associate risk officers, analysts, and junior bankers within the Corporate and Project Finance Credit Risk Management Team, and may require deputizing for the Head of the team when necessary.

Duties and Responsibilities:
The duties and responsibilities of the Associate Director, Senior Risk Officer include establishing an independent view on projects proposed to the Operations Committee and making clear recommendations or approvals. The officer will analyze key risks of each proposal, advise on risk mitigation measures, and ensure compliance with relevant risk guidelines and prudential limits. They will take ownership of risk data, exercise independent delegated authority regarding portfolio actions, and lead proactive monitoring of assigned portfolio counterparties. The role also involves engaging with Banking and other relevant staff to ensure effective front-line monitoring, participating in sector portfolio reviews, and contributing to various initiatives within Risk Management. The officer will act as a mentor to junior staff and disseminate credit culture across the organization.

Required Qualifications:
Candidates must have relevant experience in the Energy sector, particularly with demonstrated deal experience in renewable energy, and ideally in battery storage projects. A clear understanding of other Infrastructure sectors is also required. The position demands influencing skills to oversee transaction structuring and the ability to make autonomous decisions in high-risk environments. Strong written and spoken communication skills in English, along with good Excel knowledge, are essential. Candidates should demonstrate developing people management skills for junior staff under their coaching responsibility, and relevant banking and/or risk management experience is crucial.

Educational Background:
An advanced degree in finance, business, economics, or equivalent on-the-job training is required for this position. The educational background should provide a solid foundation in financial principles and risk management practices relevant to the banking sector.

Experience:
The position requires significant experience in credit risk management, particularly in high-risk environments. Candidates should have a proven track record of autonomous decision-making at a senior level and experience in structuring high-yield loans and other financial instruments in both corporate and project finance contexts.

Languages:
Fluency in English is mandatory, with strong written and verbal communication skills. Additional languages may be considered advantageous but are not explicitly required for this position.

Additional Notes:
This position is a regular contract role with a contract length that extends until March 15, 202

• The EBRD promotes a hybrid workplace that offers flexibility to teams and individuals, emphasizing trust and connectedness. The organization values diversity and encourages applications from all qualified candidates, ensuring equal opportunities regardless of background. The role is full-time and involves working in an inclusive environment that prioritizes employee wellbeing and offers competitive benefits.