Associate Director, Senior Risk Officer

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank established in 199

• Its 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 and the Southern and Eastern Mediterranean. The EBRD operates in over 30 countries and employs approximately 2,000 staff members. The bank focuses on various sectors, including infrastructure, energy, and financial institutions, and aims to support sustainable development and economic growth in the regions it serves.

Job Overview:
The Associate Director, Senior Risk Officer is responsible for independently analyzing and appraising risks associated with the EBRD's portfolio of financial institution (FI) debt transactions. This role involves identifying necessary due diligence, recommending risk mitigation measures, and advising on transaction structures, including security" style="border-bottom: 1px dotted #007bff !important;">security, covenants, and pricing. The Senior Risk Officer will review portfolio projects, assign credit ratings, and communicate trends and lessons learned to management and peers to inform strategic decision-making and stress-testing processes. Additionally, this position may involve leading and managing junior Credit Managers and analysts, ensuring compliance with the Bank's banking mandate, and deputizing for the Director when necessary.

Duties and Responsibilities:
The duties of the Associate Director, Senior Risk Officer include establishing an independent view on projects proposed to various committees, taking responsibility for credit risk across multiple country portfolios, and managing the credit risk assessment of major international banking groups. The officer will ensure that the team has adequate data feeds and analytics tools, analyze key risks of proposals, and advise on risk mitigation measures. Responsibilities also include reviewing compliance with internal guidelines, appraising assumptions of proposals, ensuring adherence to risk guidelines, and exercising independent authority regarding portfolio actions. The officer will monitor assigned portfolio counterparties and engage with Banking staff to ensure effective front-line monitoring. Collaboration with other departments and participation in executive Bank committees are also key aspects of this role.

Required Qualifications:
Candidates must possess strong influencing skills, extensive experience in analyzing financial institutions, and knowledge of country risk and sovereign creditworthiness. The ideal candidate will act as a risk expert for FI debt projects, deliver authoritative conclusions under tight deadlines, and have proven decision-making skills in high-risk environments. Strong written and verbal communication skills are essential, along with experience in using data feeds and constructing credit analysis models. Proficiency in Excel, and ideally Python and Tableau, is required, along with people management skills for overseeing junior staff.

Educational Background:
A relevant advanced degree in finance, business, economics, or equivalent on-the-job training is required for this position. The educational background should provide a solid foundation in financial analysis and risk management principles, equipping the candidate with the necessary skills to perform effectively in this role.

Experience:
Candidates should have significant experience in credit and equity risk analysis, particularly in high-risk environments. The role requires a proven track record of autonomous decision-making at a senior level, as well as experience in managing teams and mentoring junior staff. Familiarity with emerging markets and the ability to analyze complex financial transactions are also essential.

Languages:
Fluency in English is mandatory, and proficiency in additional languages relevant to the EBRD's operational regions would be considered an asset. Strong communication skills in both written and spoken formats are crucial for effective collaboration and reporting.

Additional Notes:
This position is a regular contract role with a contract length that is not specified. The EBRD promotes a flexible working environment, expecting employees to work in the office 50% of the time. The organization values diversity and encourages applications from qualified candidates regardless of their background. Due to the high volume of applications, detailed feedback will not be provided to candidates who are not shortlisted.