Associate Banker

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a pioneering 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 initiatives in countries across Europe, Central Asia, and beyond. 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 inclusiveness, innovation, trust, and responsibility, which are core values that guide its operations and interactions with stakeholders.

Job Overview:
The Associate Banker role is integral to the Corporate team in Türkiye, focusing primarily on the origination and execution of investment projects within the Manufacturing and Services sectors. This position involves contributing to all phases of the project cycle, which includes project origination, structuring, execution, and implementation. The Associate Banker will be responsible for various tasks assigned by the operation leader or senior bankers, which may encompass conducting comprehensive due diligence, ensuring compliance with EBRD policies, and facilitating effective post-signing implementation. The role is designed to allow the Associate Banker to progressively take on more complex tasks and expand their responsibilities as they gain experience and expertise in the field.

Duties and Responsibilities:
Under the guidance of the operation leader or a more senior banker, the Associate Banker will work as part of a project team on transactions, contributing to all aspects of project structuring and execution. This includes conducting comprehensive research and analysis of background materials, market information, and financial performance data. The Associate Banker will analyze and evaluate potential risks associated with proposed projects, which involves scrutinizing financial statements and preparing and updating financial models and projections. Additionally, the Associate Banker will assist in designing and processing technical cooperation assistance, including preparing terms of reference and internal approval documentation to support investment projects or related policy dialogue initiatives. The role also requires effective communication with other internal units of the Bank, clients, and stakeholders, which may involve drafting correspondence, creating presentations, and following up on internal communications. It is essential that all tasks assigned to the Associate Banker are completed within specified time frames, maintaining high quality and adherence to the Bank's policies, procedures, and objectives.

Required Qualifications:
Candidates must possess a Bachelor’s degree, with a Master’s degree preferred or equivalent experience in relevant areas. Professional qualifications such as ACA, CFA, ACCA, or CIMA are desirable. Strong quantitative and numerical skills are critical, along with the ability to interpret financial information and design and utilize financial models. Candidates should have credit analysis skills, with a solid understanding of local and international accounting principles and practices related to credit analysis. Proficiency in computer literacy is required, particularly with Microsoft Office and spreadsheet applications that include financial analysis and modeling capabilities. A good understanding of relevant systems and processes is also necessary, as well as the ability to work effectively as a team member under deadlines and time pressure. Excellent written and oral communication skills in both English and Turkish are mandatory.

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 in a relevant discipline is preferred, as it provides a deeper understanding of the complexities involved in investment banking and financial analysis. Candidates with equivalent professional experience in the financial sector may also be considered, particularly if they demonstrate strong analytical and quantitative skills.

Experience:
The Associate Banker position requires relevant financial industry experience, ideally gained from working in an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm that operates to international standards. Candidates should have exposure to industry and country-specific experiences that enhance their understanding of the market dynamics and investment opportunities within the region.

Languages:
Proficiency in English and Turkish is mandatory for this position, as effective communication with stakeholders and team members is crucial. Additional languages may be considered an asset, particularly those relevant to the EBRD's operational regions, as they can facilitate broader communication and engagement with diverse clients and partners.

Additional Notes:
This position is a regular contract role with no specified contract length, indicating a long-term employment opportunity. The EBRD promotes a hybrid workplace model that offers flexibility to employees, allowing for a balance between remote and in-office work. The organization values diversity and encourages applications from all qualified candidates, regardless of their background. The EBRD also emphasizes employee wellbeing and offers a comprehensive suite of competitive benefits to support its workforce.