The Analyst is expected to work on Ukrainian projects and contribute 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 him/her 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, conducting financial analysis and financial modelling on advanced level, 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 is dedicated to the Small Business Initiative Finance & Development Group (the “Group”). The Group is responsible for delivering the Small Business Initiative (“SBI”), a Bank-wide strategic initiative dedicated to support and develop the institution’s SME business. In particular, the Group is responsible for the strategic consolidation and coordination of all the Bank’s activities in the SME sphere and provides the direction and framework necessary to create, lead, and coordinate the SBI, ensuring a more integrated and prioritised approach towards the SME sector.
Accountabilities & Responsibilities:
Under the guidance of the operation leader or a more senior banker:
Structuring and Execution
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;
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.
Assisting with implementing Risk Sharing Framework with commercial Partner Banks
Where commercial partner banks (PBs) are involved, ensuring that all necessary due diligence on borrowers and projects proposed for financing under the Risk Sharing Framework (RSF) has been carried out;
For RSF operations, direct involvement in delivering high-quality project proposals, compliant with the EBRD standards, including:
together with PB and EBRD bankers identifying the pipeline of qualifying sub-borrowers and projects, complying with the EBRD requirements and suitable for the RSF transactions; providing the pipeline of these projects to the EBRD bankers;
Making sure PBs have good understanding of what RSF is, what projects are eligible and what EBRD requirements are;
Working closely with PB bankers throughout the entire cycle of sub-project preparation and due diligence, starting from initial assessment up to the final approval document (Exhibit C) to be presented for the EBRD’s approval. Coaching PB bankers in areas that require assistance;
Helping PB bankers in building financial models (acceptable by EBRD standards), using information provided by the banks and the sub-borrowers.
Helping EBRD bankers in execution of existing and new RSF projects.
Liaise with respective EBRD colleagues to communicate with partner banks, existing and prospective clients.
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 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;
As may be requested by, and under the supervision of, a Technical Cooperation (TC) operation leader, assist with the effective implementation and monitoring of TC assignments including communication with TC client, monitoring of TC fund usage, preparation and filing of relevant TC progress and completion reports to support the TC operation leader to meet donor reporting requirements and operational objectives.
In close collaboration with the Advice for Small Business (ASB) unit work on identifying financing opportunities, supporting joint marketing events, screening for new leads, receiving and analysing leads to identify qualified SME candidates for further evaluation by senior bankers, etc.
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 / Experience & Knowledge:
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.
Credit analysis skills, with the ability to interpret accounts, ability to build and analyse cash flow statements, understanding local and international accounting principles and practice of credit analysis.
Advanced financial modelling skills and ability to build and review financial models are core qualification requirements for this position
Computer literacy, conversant 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.
Good written and oral communication skills in English.
Good command over the Ukrainian language.
Experience & Knowledge:
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.
