Associate Banker

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 market economies and to foster private and entrepreneurial initiatives in countries across Europe, Central Asia, and the Southern and Eastern Mediterranean. The EBRD operates in over 30 countries and employs a diverse workforce of approximately 2,000 employees. The organization is committed to sustainable development and aims to support projects that enhance economic growth and improve living standards in the regions it serves.

Job Overview:
The Associate Banker position is integral to the EBRD's operations, particularly in the context of expanding its reach into sub-Saharan Africa. The role encompasses all phases of the project cycle, including project origination, structuring, execution, and implementation. The Associate Banker will be responsible for conducting comprehensive due diligence, ensuring compliance with EBRD policies, and effectively monitoring projects post-signing. This position requires collaboration within a project team, under the guidance of an operation leader or senior bankers, and may involve elements of business development and client management. The Associate Banker will play a crucial role in ensuring that projects are executed efficiently and in alignment with the Bank's operational objectives, contributing to the overall success of the EBRD's mission in the region.

Duties and Responsibilities:
The Associate Banker will undertake a variety of responsibilities, including:

• Structuring and Execution: Collaborate as a project team member on transactions, ensuring thorough project structuring and execution. This includes engaging with client counterparts and consultants, driving the quality of project due diligence, and preparing necessary internal documentation.
• Portfolio Monitoring, Value Creation, and Reporting: Oversee the implementation and monitoring of assigned projects, ensuring compliance with agreements and Bank procedures. This involves assessing project progress, financial performance, and risk factors, as well as preparing monitoring reports with recommendations for corrective actions.
• Business Development: Assist in marketing and business development efforts, contributing to the development of transaction expertise and potentially taking on the role of operation leader for standard transactions under supervision. The Associate Banker will also provide guidance to junior team members and ensure that all tasks are completed to a high standard and within specified time frames.

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. Strong quantitative skills are essential, along with the ability to interpret financial information and utilize financial models. Candidates should have credit analysis skills, familiarity with local and international accounting principles, and proficiency in Microsoft Office and spreadsheet software. Excellent written and oral communication skills in English are mandatory, and knowledge of the local language is advantageous.

Educational Background:
The educational background required for this position includes a Bachelor's degree in finance, economics, business administration, or a related field. A Master's degree is preferred, as it demonstrates a higher level of expertise and understanding of complex financial concepts. Additionally, 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 industry, ideally from a development finance institution, investment or commercial bank, private equity firm, asset management firm, or international auditing/financial consulting firm. Practical experience in participating in transactions throughout the full project life cycle is essential, as is familiarity with the dynamics and trends of the local market. Relevant country experience is highly desirable, as it contributes to a deeper understanding of the operational context in which the EBRD operates.

Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the EBRD. A good command of the local language or dialect is considered an advantage, as it can facilitate better interactions with local clients and 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 approximately 50% of their time. The organization values diversity and encourages applications from qualified candidates regardless of their background. Due to the high volume of applications, the EBRD may not provide detailed feedback to candidates who are not shortlisted.