Associate Banker

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

• The EBRD's mission is to promote the transition to open market-oriented economies and to promote private and entrepreneurial initiative in the countries where it operates. The bank has a diverse workforce and operates in over 30 countries, focusing on the development of the private sector and the improvement of the investment climate. The EBRD is known for its commitment to sustainability and inclusiveness, ensuring that its operations contribute positively to the economies and communities it serves.

Job Overview:
The Associate Banker plays a crucial role in the project cycle, engaging in various phases such as project origination, structuring, execution, and implementation. This position requires the Associate Banker to take on responsibilities assigned by the operation leader, which may include conducting thorough due diligence across multiple dimensions including financial, market, integrity, and compliance with EBRD policies. The Associate Banker is expected to work collaboratively within a project team, guided by an operation leader or senior bankers, and may also involve elements of business development, client management, and policy dialogue. The role encompasses a comprehensive understanding of the project life-cycle, from initial marketing and due diligence to the final stages of implementation and monitoring, ensuring that all tasks are completed efficiently and in alignment with the Bank's operational objectives.

Duties and Responsibilities:
The Associate Banker is tasked with a variety of responsibilities under the guidance of the operation leader or a senior banker. Key duties include:

• Structuring and Execution: Collaborating as a project team member on transactions, contributing to project structuring and execution, and ensuring high-quality project due diligence.
• Documentation: Preparing internal project documentation such as approval memoranda, financial models, and presentations.
• Technical Cooperation: Leading the design and processing of technical cooperation assistance, ensuring alignment with investment project schedules.
• Portfolio Monitoring: Implementing and monitoring assigned projects, ensuring compliance with agreements and Bank procedures, and preparing comprehensive monitoring reports with recommendations for corrective actions.
• Business Development: Assisting in marketing and business development efforts, contributing to the growth of transaction expertise and 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. Strong quantitative and numerical skills are essential, along with the ability to interpret financial information and utilize financial models effectively. Candidates should have credit analysis skills and a solid understanding of local and international accounting principles. Proficiency in Microsoft Office and financial analysis software is required, along with excellent communication skills in English. A good command of the local language is advantageous, and relevant experience in the financial industry is expected.

Educational Background:
The position requires a Bachelor’s degree as a minimum educational qualification, with a preference for candidates holding a Master’s degree or equivalent experience in finance, economics, or a related field. Professional qualifications such as ACA, CFA, ACCA, or CIMA are also highly regarded, indicating a strong foundation in financial principles and practices.

Experience:
Candidates should have relevant experience in the financial industry, ideally from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm that adheres to international standards. Practical experience in participating in transactions throughout the full project life cycle is essential, demonstrating the ability to manage projects from inception to completion.

Languages:
Fluency in English is mandatory, with excellent written and oral communication skills. A good command of the local language is considered an advantage, enhancing the ability to engage with local stakeholders and clients effectively.

Additional Notes:
This position is a short-term contract lasting 12 months. The role is designed for full-time engagement, and the EBRD encourages applications from qualified candidates regardless of their background. The organization values diversity and inclusiveness, ensuring equal opportunities for all applicants. The EBRD offers a hybrid workplace model, emphasizing flexibility and employee well-being, along with a comprehensive suite of competitive benefits.