Associate Blended Finance

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded 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 across Europe, Asia, and the Middle East, with a mission to foster the transition to open and sustainable market economies. The organization employs approximately 2,000 staff members and is headquartered in London, United Kingdom. The EBRD is known for its commitment to sustainability, inclusiveness, and innovation, and it aims to create a positive impact on the lives of people in the regions it invests in. The bank's strategic objectives are outlined in its Strategic Capital Framework 2026-30, which guides its operations and partnerships with donors.

Job Overview:
The Associate Blended Finance position is a critical role within the I&P Blended Finance team at the EBRD, which is responsible for advising donor partnership teams on structuring donor fundraising for blended finance instruments. This role involves collaborating with various operational banking, policy, risk, and impact teams to ensure compliance with the DFI Principles for the Use of Blended Concessional Finance for Private Sector Projects and the EBRD's Staff Guidelines. The Associate will contribute to knowledge products, thought leadership, training, and stakeholder management, performing a horizontal role related to concessional finance across EBRD operations. The position requires a proactive approach to advising on and assessing the use of concessional finance in EBRD projects, maintaining relevant datasets, and coordinating with internal and external stakeholders to ensure alignment with guidelines and compatibility with the EBRD market-building mandate.

Duties and Responsibilities:
The Associate Blended Finance will be responsible for appraising the use of concessional finance in EBRD projects, ensuring adherence to internal guidelines and the DFI Enhanced Principles. Key responsibilities include building and maintaining datasets to inform the use of concessional finance, supporting the maintenance and updates of internal rules, coordinating with stakeholders on donor funds applications, providing expert input for analytical and briefing notes, and preparing management briefings for Board and Committee meetings. The Associate may also represent the Bank at external events and contribute to EBRD's input towards the DFI Working Group on Blended Concessional Finance.

Required Qualifications:
Candidates must possess a sound understanding of microeconomics and the impact of concessional finance on market-based allocation across sectors. A good understanding of project financing, analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, and structuring is essential, along with the ability to conduct credit analysis of investment projects. Experience in sizing or allocating concessional finance through work in IFIs, government ministries, or donor agencies is advantageous. Proven analytical and quantitative skills, including proficiency in Excel and database software, are required. The ability to set up and maintain databases and produce dashboards is also necessary. Strong client-facing skills and experience in stakeholder engagement are important, as well as excellent written and oral communication skills in English.

Educational Background:
A graduate degree in economics, finance, or a related field is required for this position. A PhD in economics, finance, or a closely related discipline is considered an advantage. The educational background should provide a solid foundation for understanding the complexities of blended finance and its application in various projects.

Experience:
The position requires candidates to have relevant experience in the field of blended finance, project financing, or related areas. Experience gained through work in international financial institutions (IFIs), government ministries, or donor agencies will be beneficial. The level of experience should demonstrate the ability to effectively engage with stakeholders and contribute to the strategic objectives of the EBRD.

Languages:
Fluency in English is mandatory for this position, with excellent written and oral communication skills. Knowledge of additional languages may be considered an advantage, particularly if they are relevant to the regions in which the EBRD operates.

Additional Notes:
This position is a short-term contract with a length of 23 months. The role is based in London, United Kingdom, and is full-time. The EBRD encourages applications from qualified candidates who are nationals of EBRD member countries, promoting diversity and inclusion in its hiring practices. The organization offers a competitive benefits package and prioritizes employee wellbeing.