Associate Banker

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a pioneering international financial institution established in 199

• Its mission is to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The EBRD operates in over 30 countries, employing a diverse workforce that reflects a wide range of backgrounds and experiences. The organization is committed to sustainability, equality, and digital transformation, and it prioritizes employee wellbeing by offering a comprehensive suite of competitive benefits.

Job Overview:
The Associate Banker position is integral to the EBRD's mission, contributing to all phases of the project cycle, which includes project origination, structuring, execution, implementation, and monitoring. The role requires the Associate Banker to take on responsibilities assigned by the operation leader, which may involve conducting thorough due diligence across various dimensions such as financial, market, integrity, and compliance with EBRD policies. A significant focus of this role is on the Green aspects of investment projects, ensuring alignment with the Paris Agreement objectives and conducting Climate Risk assessments. The Associate Banker will also engage in business development, client management, and policy dialogue, thereby playing a crucial role in the bank's efforts to support sustainable development and investment.

Duties and Responsibilities:
The Associate Banker will work under the guidance of an operation leader or a more senior banker, contributing to project structuring and execution. Key responsibilities include:

• Collaborating with project teams on transactions, ensuring effective communication with client counterparts, consultants, and other stakeholders.
• Participating in climate assessments to ensure compliance with the Paris Agreement alignment methodology and understanding industry-specific low carbon pathways.
• Leading the due diligence process, ensuring comprehensive analysis of financial, climate, market, integrity, and EBRD policy compliance.
• Preparing internal project documentation, including project memoranda, financial models, and presentations.
• Supporting the deployment of concessional finance and liaising with EBRD teams focused on structuring concessional programs and managing donor funds.
• Completing all assigned tasks within specified time frames and maintaining high standards in line with the bank's policies and objectives.
• Assisting in marketing and business development efforts as required, with the aim of developing transaction expertise and expanding responsibilities.

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. Applicants should have relevant financial industry experience from investment or commercial banks, private equity firms, asset management firms, or auditing/financial consulting firms that operate to international standards. Strong quantitative and numerical skills are essential, along with the ability to interpret financial information and design financial models. Knowledge of credit analysis, local and international accounting principles, and practices is also required. Familiarity with climate risks and methodologies related to the Paris Agreement and Net-zero is desirable, as is an understanding of the decarbonization challenges faced by Corporates in the Manufacturing and Services sectors.

Educational Background:
The position requires a Bachelor’s degree as a minimum educational qualification, with a preference for candidates holding a Master’s degree in a relevant field. Additional professional qualifications such as ACA, CFA, ACCA, or CIMA are considered advantageous and reflect a commitment to professional development in finance and banking.

Experience:
Candidates should have relevant experience in the financial industry, ideally from investment or commercial banks, private equity firms, asset management firms, or auditing/financial consulting firms. Previous exposure to the manufacturing and services sectors is desirable, as is an understanding of development finance architecture, including concessional and donor co-financing. The role is designed to allow for the development of transaction expertise, leading to increased responsibilities over time.

Languages:
Fluency in English is mandatory, with excellent written and oral communication skills. Knowledge of an additional language, particularly French, Russian, Arabic, Turkish, or German, is considered desirable and may enhance a candidate's profile.

Additional Notes:
This position is a fixed-term contract lasting for 2 years. 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 qualified candidates regardless of their background. The EBRD is unable to provide detailed feedback to candidates who are not shortlisted due to the high volume of applications.