Associate Director, Senior Risk Officer

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 towards open market-oriented economies and promote private and entrepreneurial initiative in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The organization operates in over 30 countries and employs thousands of professionals dedicated to supporting sustainable development and economic growth. The EBRD is known for its commitment to promoting sustainability, equality, and digital transformation in its operations, and it values diversity and inclusion in its workforce.

Job Overview:
The Associate Director, Senior Risk Officer plays a crucial role in the Risk Management division of the EBRD, focusing on the independent analysis and appraisal of risks associated with the Bank's corporate project finance debt transactions, particularly in the Energy and Infrastructure sectors. This position requires a deep understanding of risk assessment methodologies and the ability to recommend appropriate risk mitigation measures and transaction structures. The Senior Risk Officer will advise bankers and the Bank’s Committees to ensure compliance with the Bank’s sound banking mandate, while also reviewing portfolio projects, assigning credit ratings, and communicating trends and lessons learned to management and peers. The role involves leading and coaching a team of associate risk officers, analysts, and junior bankers, ensuring that they are well-equipped to handle the complexities of credit risk management in a dynamic environment.

Duties and Responsibilities:
The Associate Director, Senior Risk Officer is responsible for establishing an independent and unbiased view on projects proposed to the Operations Committee and Small Business Investment Committee (SBIC). Key responsibilities include analyzing the risks of each proposal, advising on risk mitigation measures, and ensuring compliance with relevant risk guidelines. The Senior Risk Officer will appraise the validity of key assumptions, deliver authoritative conclusions under tight deadlines, and take ownership of credit risk for their designated portfolio. They will also lead proactive monitoring of assigned portfolio counterparties, engage constructively with Banking staff, and participate in various executive Bank committees. Additionally, the role involves mentoring junior staff and contributing positively to initiatives within Risk Management and the broader Bank.

Required Qualifications:
Candidates for the Associate Director, Senior Risk Officer position should possess relevant experience in the Energy sector, particularly with renewable energy projects, and a clear understanding of other Infrastructure sectors. They should have influencing skills to oversee transaction structuring and a proven track record in autonomous decision-making in high-risk environments. Strong written and verbal communication skills in English, along with advanced Excel knowledge, are essential. The ideal candidate will demonstrate developing people management skills and have relevant banking and/or risk management experience.

Educational Background:
A strong educational background is required for this position, with candidates expected to hold an advanced degree in finance, business, economics, or equivalent on-the-job training. This educational foundation will support the analytical and decision-making skills necessary for effective risk management in complex financial environments.

Experience:
The position requires significant experience in the Energy sector, particularly with demonstrated deal experience in renewable energy projects. Candidates should have a solid understanding of infrastructure markets and experience in structuring high-yield loans and other financial instruments in both corporate and project finance contexts. Proven skills in decision-making capacity in credit risk management in high-risk environments are essential.

Languages:
Fluency in English is mandatory for this position, with strong written and spoken communication skills being crucial. While English is the primary language required, knowledge of additional languages may be considered an asset, particularly those relevant to the regions in which the EBRD operates.

Additional Notes:
This is a full-time position with a regular contract type. The contract length is not specified, but the posting end date for applications is set for May 25, 202

• The EBRD promotes a hybrid workplace that offers flexibility and prioritizes employee wellbeing, providing a comprehensive suite of competitive benefits. The organization encourages applications from all qualified candidates, regardless of their background, and emphasizes its commitment to diversity and inclusion.