The Associate Banker contributes to all phases of the project cycle, including project origination, structuring, execution, and implementation and monitoring. The Associate Banker will take responsibility for those tasks assigned to him/her by the operation leader, 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 Associate Banker carries out these tasks as part of a project team under the guidance of an operation leader or under the supervision/guidance of more senior bankers or the team Director. The Associate Banker role may also include elements of business/pipeline development, client management and policy dialogue.
Accountabilities & Responsibilities:
Work as a project team member on transactions, contributing to all aspects of project structuring and execution, including working with client counterparts, consultants and other parties to progress the project;
Be the primary driver of the scope and quality of project due diligence, including financial, market, integrity and EBRD policy compliance;
Prepare internal project documentation, including approval project memoranda, financial models, draft term sheets, presentations, etc. as and when required;
Take responsibility, as Technical Cooperation (“TC”) operation leader, to design and process technical co-operation assistance, ensuring that TC processing and approval fits with the approval schedule of any related investment project or the related policy dialogue initiative;
Ensure that all tasks within his/her are completed within the specified time frames to a high standard and in line with the policies, procedures and objectives of the Bank;
Take responsibility for the implementation and monitoring of all projects to which the Associate Banker is assigned, including compliance with project agreements and Bank procedures related to disbursement; monitoring of progress of the project implementation and financial performance of the client; assessing evolving risk factors and monitoring and assessing covenant compliance, in the case of more senior Associate’s they may become the OL for the project once it is in implementation and/or monitoring phase;
Prepare timely and comprehensive monitoring reports and include recommendations for corrective actions where required and ensure these proposed corrective actions and recommendations are brought to the attention of more senior team members;
As a TC operation leader, ensure effective implementation and monitoring of TC assignments to ensure their compliance with donor reporting requirements, operational objectives and that all reports are of a high quality;
As a project team member perform all such tasks as may be assigned by the operation leader and provide constructive advice, guidance and supervision to more junior members of the project team
Knowlegde, Skills, Experience & Qualifications:
Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise preferred
Professional qualification such as ACA, CFA, ACCA, or CIMA desirable
Strong 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, understanding local and international accounting principles and practice of credit analysis
Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules
Excellent 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
Good command over the local/country language is an advantage
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
Relevant experience in structuring and execution of deals in the areas of structured finance products and/or equity projects and/or digitalisation-financing projects is desirable. Practical experience of participating in transactions through the full project life cycle
Exposure to industry/country experience
Knowledge about and practical experience with EU funded programmes is an advantage
