Associate Banker

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

• The EBRD's 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 organization operates in over 30 countries and employs thousands of professionals dedicated to supporting the development of the private sector and enhancing the economic growth of the regions it serves. The EBRD is known for its commitment to sustainability, inclusiveness, and innovation, and it plays a crucial role in providing financial and advisory services to businesses and governments in its member countries.

Job Overview:
The Associate Banker position is integral to the project cycle at the EBRD, encompassing project origination, structuring, execution, implementation, and monitoring. The role requires the Associate Banker to take on various responsibilities assigned by the operation leader, which may include conducting comprehensive due diligence across financial, market, integrity, and EBRD policy compliance. The Associate Banker will work closely with project teams and senior bankers to ensure effective implementation and monitoring of projects, contributing to the overall success of the Bank's operational objectives. This position also involves elements of business development, client management, and policy dialogue, making it a dynamic role within the organization. The Associate Banker will be expected to engage actively in the Small Business Initiative (SBI) and support SMEs through finance and advisory services, thereby playing a vital role in the economic development of the region.

Duties and Responsibilities:
The Associate Banker will be responsible for a wide range of duties under the guidance of the operation leader or a more senior banker. Key responsibilities include:

• Structuring and Execution: Collaborate as a project team member on transactions, contributing to all aspects of project structuring and execution. This includes liaising with client counterparts, consultants, and other stakeholders to advance projects. The Associate Banker will lead the project due diligence process, ensuring compliance with financial, market, integrity, and EBRD policies. They will prepare internal project documentation, such as project memoranda, financial models, and presentations, as required.
• Portfolio Monitoring: Oversee the implementation and monitoring of assigned projects, ensuring compliance with project agreements and Bank procedures. This involves monitoring project progress, assessing risk factors, and preparing comprehensive monitoring reports with recommendations for corrective actions.
• Business Development: Assist with marketing and business development initiatives as needed, contributing to the growth and success of the Bank's operations. The Associate Banker will also have opportunities to develop transaction expertise and expand their responsibilities, potentially leading to a role as an operation leader on standard transactions.

Required Qualifications:
Candidates for the Associate Banker position 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 and numerical skills are essential, along with the ability to interpret financial information and design financial models. Candidates should have credit analysis skills, familiarity with local and international accounting principles, and proficiency in Microsoft Office and spreadsheet software, particularly for financial analysis and modeling. Excellent written and oral communication skills in English are mandatory, and a good command of the local language is an advantage.

Educational Background:
The educational background required for the Associate Banker role includes a Bachelor’s degree in finance, economics, business administration, or a related field. A Master’s degree is preferred, as it provides a deeper understanding of financial concepts and practices. Candidates with equivalent professional experience in relevant areas may also be considered. Continuous professional development and relevant certifications will enhance a candidate's profile.

Experience:
The ideal candidate should have relevant financial industry experience, which may include working in investment or commercial banks, private equity firms, asset management firms, or auditing/financial consulting firms that adhere to international standards. Practical experience in participating in transactions throughout the full project life cycle is crucial, as is exposure to industry and country-specific knowledge. Candidates should demonstrate a track record of successfully managing projects and contributing to their implementation and monitoring.

Languages:
Fluency in English is mandatory for the Associate Banker position, as it is the primary language of communication within the EBRD. A good command of the local language is considered an advantage, as it facilitates better interaction with local clients and stakeholders. Knowledge of additional languages may also be beneficial, depending on the specific projects and regions involved.

Additional Notes:
The Associate Banker position is a regular contract role with a contract length that aligns with the project cycle. The position is based in Dushanbe, Tajikistan, and offers opportunities for professional growth and development within the EBRD. The organization promotes a hybrid workplace model, allowing for flexibility in work arrangements. The EBRD values diversity and encourages applications from qualified candidates regardless of their background. The Bank provides a comprehensive suite of competitive benefits and prioritizes employee wellbeing.