Back Analyst Private Equity

Requisition ID 34658 Office Country Türkiye Office City Istanbul Division Banking Sectors Contract Type Short Term Contract Length 12 months Posting End Date 03/06/2024

Purpose of Job

The Analyst will be involved in execution, monitoring and divestments of equity and quasi-equity investments across sectors in Turkiye. The Analyst contributes to all phases of the project cycle, including project origination, structuring, execution, implementation and monitoring. The Analyst will take responsibility for the tasks assigned to them by the operation leader or more senior members of the project team, or more senior bankers, which may include undertaking comprehensive due diligence, including financial, market, integrity and EBRD policy compliance, as well as effective post-signing implementation and monitoring. The Analyst carries out these tasks as part of a project team under the guidance of the operation leader or under the supervision/guidance of more senior bankers. The role of the Analyst is to contribute, as a project team member, to the structuring, implementation and monitoring of debt and equity transactions, and their effective implementation and monitoring in line with the Bank’s operational objectives. Under the guidance of the operation leader and/or more senior bankers, the Analyst performs those tasks assigned to them and provides support to the operation leader and the project team throughout the project cycle, with a particular emphasis on research, data gathering, credit analysis and financial modelling.

Accountabilities & Responsibilities

Under the guidance of the operation leader or a more senior banker:

1. Business Development

• Research and analysis of market trends and developments and preparation of reports to contribute to industry and country mapping exercises;
• Contribute to marketing and business development efforts in equity/quasi-equity investing to build market contacts in order to support a broad deal flow for EBRD, liaising closely with country and sector colleagues;
• Prepare screening memos of project proposals that are generated through business development efforts.

  2. Structuring and Execution

  📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

  ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

  • Work as a project team member on transactions, contributing to all aspects of project structuring and execution, including comprehensive research and analysis of background materials, market information and financial performance data; analyse and evaluate potential risks related to the proposed project, including analysis of financial statements, preparing and updating financial models and financial projections;
  • Assist with the designing and processing of technical co-operation assistance, including preparation of terms of reference and internal approval documentation, to support the related investment project or the related policy dialogue initiative;
  • Assist in preparation of (i) materials for investment proposals and memoranda for internal approvals, and (ii) financial analysis and valuation tasks applying sound judgement of what is reasonable and feasible;
  • As may be requested, assist with communication with other internal units of the Bank, clients and other stakeholders, at the operational level, such as preparing draft correspondence, presentations, and following up on internal emails;
  • Ensure that all tasks assigned to the Analyst are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Bank.

    3. Portfolio Monitoring, Value Creation and Reporting

    • As requested by the operation leader or a Portfolio Manager, undertake assigned tasks relating to the implementation and monitoring of projects to which the Analyst is assigned as part of the project team, including compliance with project agreements and Bank procedures related to disbursement, monitoring of progress of the project and financial performance of the client, assessing evolving risk factors and monitoring and assessing covenant compliance;
    • As requested by the operation leader or more senior member of the project team, prepare timely,comprehensive and high-quality draft monitoring reports and include recommendations for corrective actions where required and ensure these corrective actions and recommendations are brought to the attention of more senior team members;
    • Assist implementation of an exit from investments including preparations of exit proposal materials
    • The responsibilities of the Analyst are designed to allow the Analyst to progressively undertake more complex tasks and build the scope of responsibilities based on acquired experience and expertise

      Qualifications, Skills, Exxperience and Knowledge

      • Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise.
      • Strong academic track record reflected in GPA
      • Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
      • Quantitative/numerical skills are critical with the ability to interpret financial information, to create projections with reasonable assumptions and drivers, to design and use financial / valuation models.
      • Financial analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of financial analysis.
      • Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
      • Strong drafting skills (reports and investment memos).
      • Good understanding of relevant systems and processes.
      • Ability to work effectively as a team member and to deadlines and under time pressure
      • Strong interpersonal skills, ability to smoothly communicate with management, peers, other departments, external stakeholders including clients.
      • Ability to comprehend diverse and high-complexity business issues.
      • Initiative-taker; self-driven with proactive task completion motivation.
      • Ability to multi-task and maintain positive and flexible attitude under stress.
      • Sense of urgency and delivery with quality / full accuracy.
      • Ability to work well in multi-national, diverse teams.
      • Good written and oral communication skills in English.
      • Good command over the local language is required.
      • Relevant financial industry experience from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting. firm operating to international standards.
      • Exposure to industry/country experience.

        What is it like to work at the EBRD?

        Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in.

        The EBRD environment provides you with:

        • Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
        • A working culture that embraces inclusion and celebrates diversity;
        • An environment that places sustainability, equality and digital transformation at the heart of what we do.

          Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.