Associate Banker

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

• Its mission is to promote the transition to market economies and to foster private and entrepreneurial initiative in countries from Central Europe to Central Asia. The EBRD operates in over 30 countries and has a workforce of approximately 2,000 employees. The organization is committed to supporting sustainable development and enhancing the quality of life in the regions it serves, focusing on projects that promote economic growth and social inclusion.

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 various responsibilities assigned by the operation leader, which may involve conducting comprehensive due diligence across financial, market, integrity, and EBRD policy compliance. The Associate Banker is expected to work collaboratively within a project team, guided by an operation leader or senior bankers, and may also engage in business development, client management, and policy dialogue. This position is designed to develop transaction expertise and expand responsibilities, potentially leading to a role as an operation leader on standard, non-complex transactions.

Duties and Responsibilities:
The Associate Banker will be responsible for several key tasks under the guidance of the operation leader or a more senior banker. These include:

• Structuring and Execution: Collaborating as a project team member on transactions, contributing to all aspects of project structuring and execution, and working with client counterparts and consultants to advance projects.
• Due Diligence: Leading the scope and quality of project due diligence, ensuring compliance with financial, market, integrity, and EBRD policies.
• Documentation: Preparing internal project documentation such as approval project memoranda, financial models, draft term sheets, and presentations.
• Technical Cooperation: Designing and processing technical cooperation assistance, ensuring alignment with investment project approval schedules.
• Portfolio Monitoring: Implementing and monitoring projects, ensuring compliance with agreements and procedures, and preparing comprehensive monitoring reports with recommendations for corrective actions.
• Business Development: Assisting with marketing and business development efforts as required. The Associate Banker will also provide guidance to junior team members and may take on increased responsibilities as they gain experience.

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 essential, along with the ability to interpret financial information and design financial models. Candidates should have credit analysis skills, understanding local and international accounting principles, and be proficient in Microsoft Office and spreadsheet packages, particularly in financial analysis and modeling. Excellent written and oral communication skills in English are mandatory, and a good command of the local language is advantageous. Relevant experience in the financial industry, including investment or commercial banking, private equity, asset management, or auditing/financial consulting, is also required.

Educational Background:
The educational background required for the Associate Banker position includes a Bachelor’s degree in finance, economics, business administration, or a related field. A Master’s degree is preferred, indicating a higher level of expertise and understanding of complex financial concepts. Professional qualifications such as ACA, CFA, ACCA, or CIMA are also highly regarded, as they demonstrate a commitment to the field and a comprehensive understanding of financial principles and practices.

Experience:
Candidates should have relevant financial industry experience, ideally from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm that operates to international standards. Practical experience in participating in transactions throughout the full project life cycle is essential, as it equips candidates with the necessary skills to manage projects effectively and understand the intricacies involved in financial transactions.

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 is considered an advantage, as it facilitates better interaction with local clients and stakeholders. Proficiency in 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 is not specified. The position is based in Bishkek, Kyrgyzstan, and is expected to be full-time. The EBRD promotes a diverse and inclusive work environment and encourages applications from all qualified candidates, regardless of their background. The organization offers a comprehensive suite of competitive benefits and prioritizes employee wellbeing, sustainability, equality, and digital transformation in its operations.