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 foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative in countries from Central Europe to Central Asia. The organization operates in over 30 countries, employing a diverse workforce that reflects the rich variety of cultures and backgrounds of the regions in which it operates. The EBRD is committed to sustainability, equality, and digital transformation, and aims to create a positive impact on the lives of people in the regions it invests in.

Job Overview:
The Associate Banker plays a crucial role in the project cycle, contributing to project origination, structuring, execution, implementation, and monitoring. This position involves working closely with an operation leader and other senior bankers to ensure comprehensive due diligence is conducted, including financial, market, integrity, and EBRD policy compliance. The Associate Banker is also responsible for effective post-signing implementation and monitoring of projects. In the context of the Small Business Initiative (SBI), the Associate Banker will support the development of the SME sector by participating in various streams of work aimed at enhancing the institution's SME business. This role requires a proactive approach to client management and policy dialogue, ensuring that the objectives of the SBI are met through effective project execution and monitoring.

Duties and Responsibilities:
The Associate Banker will be responsible for a variety of tasks under the guidance of an operation leader or senior banker, including:

• Structuring and Execution: Collaborating with project teams on transactions, ensuring high-quality project due diligence, preparing internal documentation such as project memoranda and financial models, and managing technical cooperation assistance.
• Portfolio Monitoring, Value Creation, and Reporting: Implementing and monitoring assigned projects, ensuring compliance with agreements, preparing monitoring reports, and providing recommendations for corrective actions.
• Business Development: Assisting with marketing and business development efforts, contributing to the expansion of transaction expertise, and potentially taking on the role of operation leader for standard transactions. The Associate Banker will also provide guidance to junior team members and ensure that all tasks are completed to a high standard and within specified time frames.

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 design financial models. Candidates should have credit analysis skills and be familiar with local and international accounting principles. Proficiency in Microsoft Office and spreadsheet software is required, as well as excellent written and oral communication skills in English. A good command of the local language is an advantage, enhancing the ability to engage with clients and stakeholders effectively.

Educational Background:
The ideal candidate should have 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 financial concepts and practices. Additional professional qualifications such as ACA, CFA, ACCA, or CIMA are highly regarded and can enhance a candidate's profile, demonstrating a commitment to professional development and expertise in financial analysis and management.

Experience:
Relevant experience in the financial industry is essential, with candidates expected to have a background from investment or commercial banks, private equity firms, asset management firms, or auditing/financial consulting firms that operate to international standards. Practical experience in participating in transactions throughout the full project life cycle is crucial, as is exposure to industry or country-specific knowledge. Candidates should demonstrate a track record of working effectively in teams and managing projects under time pressure, showcasing their ability to deliver results in a dynamic environment.

Languages:
Fluency in English is mandatory, as it is the primary language of communication within the organization and with international clients. A good command of the local language is considered an advantage, as it facilitates better engagement with local stakeholders and enhances the effectiveness of communication in the context of project implementation and monitoring.

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 attend the office 50% of their working time. The organization values diversity and encourages applications from qualified candidates regardless of their background. The EBRD is committed to providing equal opportunities and fostering an inclusive workplace culture. Due to the high volume of applications, the EBRD may not provide detailed feedback to candidates who are not shortlisted.