Requisition ID 33262 Office Country Uzbekistan Office City Tashkent Division Banking Sectors Contract Type Fixed Term Contract Length 2 years Posting End Date 19/03/2023
The Sustainable Infrastructure Group (SIG), Infrastructure Eurasia Team supports investments and policy dialogue in infrastructure across Central Asia and works with both public and private sector clients. In the public sector, it extends sovereign and sub-sovereign loans to support the development of sustainable infrastructure in the municipal and transport sectors. These loans typically include donor-funded TC assignments, including support for project preparation, project implementation and procurement as well as policy support and capacity building. In addition, some loans include donor-funded capital grants or other concessional financial instruments, managed by EBRD. Given the need to support implementation of the portfolio as well as to meet growing donor requirements, Infrastructure Eurasia is seeking to hire an analyst to work in the Tashkent Resident Office.
The principal responsibility of the Analyst will be to help ensure that projects are prepared and implemented in line with the Bank’s mandate and donor requirements. In particular, ensure that TCs and capital grants are monitored and managed in line with the Bank’s mandate, the requirements of donors, and the aims of the underlying investments.
Accountabilities & Responsibilities
Under the guidance of the operation leader or a more senior banker:
- Work as a project team member on transactions where donor funding is involved, contributing to all aspects of project structuring and implementation. In some instances, the Analyst may be asked to act as operation leader under the guidance of a more senior banker.
- Assist with the designing and processing of TC assignments, including preparation of Terms of Reference and internal approval of documentation, and supporting the client through the tendering process, to support the related donor supported investment project or policy dialogue initiative.
- Assist with the effective implementation and monitoring of the grant funded components of projects including communication with the Client, monitoring of grant usage ensuring that activities are implemented in full compliance with donor requirements; preparation and filing of relevant reports to meet donor reporting requirements and operational objectives. The analyst will also assist for donor visibility and communication activities and assist with local outreach and stakeholder engagement if required, support donor monitoring, evaluation and audits as required.
- Support implementation monitoring including physical implementation as well as the institutional reform and development components by ensuring that arrangements are in place to ensure efficient and successful project implementation by observing, assessing and reporting on:
- the overall performance of the Project Implementation Units (PIUs) and site staff, including consultants, contractors, suppliers and other parties involved in the implementation of the investments – and comment on compliance with their respective obligations and duties; and
- the implementation arrangements including the PIU organisation, staffing, project management systems, arrangements for construction, and contract management.
- Help coordinate the activities of all the international and local consulting firms involved under project related TCs for implementation, capacity building and policy dialogue. The Analyst will maintain continuous dialogue with these consultants and will, inter alia:
- Ensure that all consultants are provided with necessary documentation and other assistance, in order that they may meet the objectives of their assignments;
- Ensure appropriate timings for the components of the TC assignments in relation to each other to support effective implementation of the Project;
- Assist relevant PIUs to review and respond to consultants’ reports.
- Facilitate the timely submission of various reports and data from borrowers to meet the Bank’s reporting covenants in the loan and grant documentation.
- Ensure that EBRD’s Environmental and Social Policy and its Performance Requirements as well as relevant gender initiatives as required by the Bank (through the Bank’s related Policies) and donors are being adhered to and that the PIUs are duly informed about these policies and rules. Assist the Bank’s Environmental and Social department to support the Companies and PIUs on implementation of the agreed project Environmental and Social Action Plans (ESAPs), Stakeholder Engagement Plans (SEPs) and preparation of annual E&S reporting to the Bank.
- Be alert to any emerging problems, be they of a contractual, technical, or financial nature, which have the potential to jeopardise the achievement of the project objectives and advise on timely appropriate corrective action. In particular, advise on any proposed waivers or amendments to legal agreements and interpret any other matters of material interest to the EBRD. If necessary, assist in negotiations to achieve the required corrective action.
Knowledge, Skills, Experience & Qualifications
The Analyst will be a local hire, who will provide the added value of a local language speaking resource with existing local contacts and knowledge that would enhance the team’s position in building relationships and implementing projects.
Sector specific requirements:
- Experience of work related to infrastructure and environmental technical cooperation and investment project implementation in Central Asia;
- Professional and personal capacity to deal with entities in emerging markets where legal and regulatory framework are often weak and financial information scarce;
- Thorough understanding of the general technical cooperation and project cycle, credit and financial analysis and their application in the context of infrastructure projects;
- Understanding of the strategic objectives of the international and bilateral funding agencies, active in the concerned regions, especially related to poverty reduction, environmental sustainability and gender equality.
General requirements: