Requisition ID 35048 Office Country United Kingdom Office City London Division Banking Sectors Contract Type Regular Contract Length Posting End Date 02/10/2024
Purpose of Job
The Associate, within Manufacturing & Services, contributes to all phases of the project cycle, including project origination, structuring, execution, and monitoring for debt and equity investments.
The Associate will take responsibility for the tasks assigned to him/her by the operation leader (OL) or more senior members of the project team which may include comprehensive due diligence on the project, including financial, market analysis, integrity and EBRD policy compliance as well as dedicated monitoring of the existing projects. In addition the Associate may be involved in origination of new projects, including market mapping, contacting and meetings with potential clients.
The Associate carries out these tasks under the guidance of the operation leader or under the supervision/guidance of more senior bankers.
Accountabilities & Responsibilities
Under the guidance of the operation leader or a more senior banker, the Associate shall:
1. Project Structuring and Execution
• Work as a project team member (or OL on less complex projects) 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;
• 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 Associate are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Bank.
2. 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 Associate is assigned as part of the project team (or OL), 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 and comprehensive 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;
3. Project origination
• As may be requested by, and under the supervision of a more senior banker, the Associate may be requested to assist with origination of new projects. This will include industry/sector research and mapping, contacting of clients and organising and attending meetings with potential new clients.
The responsibilities are designed to allow the Associate to progressively undertake more complex tasks and build the scope of responsibilities based on acquired experience and expertise.
Knowledge, Skills, Experience & Qualifications
Qualifications and Skills:
• Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise.
• Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
• Quantitative/numerical skills are critical with the ability to interpret financial information and to design and use financial models.
• Good credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of credit analysis.
• Good computer skills with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
• Good understanding of relevant systems and processes.
• Ability to work effectively as a team member and to deadlines and under time pressure.
• Excellent written and oral communication skills in English and German.
Experience & Knowledge:
• Over 5 year 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.
• Good track record of deals and exposure to corporate sector (manufacturing, services, TMT, agribusiness and real estate).
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:
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.
Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).