Associate Banker (London, GB)

Associate Banker (London, GB)

Purpose of the Job

The Natural Resources (NR) team originates, structures and executes debt and equity transactions across the Banks countries of operations, supporting clients in the natural resources value chain and contributing to the Banks strategic priorities through investment, portfolio management and policy dialogue. The teams core subsectors include: (i) mining and metals (including critical raw materials, base and precious metals, industrial minerals, and metals processing, as well as recovery/reprocessing of historic tailings); (ii) mining-related services; (iii) low-carbon and circular-economy investments to inter alia help energy transition of fossil fuel companies (including conversion of organic waste, used cooking oil, plastics and used lubricants into advanced biofuels, and selected decarbonisation solutions such as CCSU, EV infrastructure, methane reduction, etc). We are seeking a dedicated professional who will contribute to the growth of NR activities in EBRD countries of operations.

In this context, 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.

Accountabilities & Responsibilities:

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

1. Structuring and Execution

• Work as a project team member on transactions, contributing to all aspects of project due-diligence, structuring, negotiation and execution, including working, internal units and other parties to progress the project;
• Oversee the specific project due diligence process work streams delegated by the operation leader, ensuring the due-diligence quality and depths meets the Banks standards;
• Ensure quality and appropriateness of TC assistance components which support the investments or contribute to policy dialogue initiatives;
• Prepare internal project documentation, including approval project memoranda, financial models, draft term sheets, presentations, etc. as and when required;
• Ensure that all tasks are completed within the specified time frames to a high standard and in line with the policies, procedures and objectives of the Bank.

1. Portfolio Monitoring, Value Creation and Reporting

• 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;
• 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 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.

1. Business Development

• Assist, as required, with marketing and business development efforts. Assist with the critical screening of project proposal flow that is generated through business development efforts, liaising with other colleagues and teams within the Bank as directed by more senior colleagues, to identify sound and executable investments that meet the mandate of the Bank.

Qualifications & Skills:

• Bachelors degree. Masters degree preferred or equivalent experience in the areas of expertise.
• 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.

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.
• Extensive practical experience of participating in debt and equity transactions through the full project life cycle.

What is it like to work at the EBRD? / About 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.

At EBRD, our Values Inclusiveness, Innovation, Trust, and Responsibility are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.

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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
• A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
• An environment that places sustainability, equality and digital transformation at the heart of what we do.
• A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.

Diversity is one of the Banks core values which are at the heart of everything it does. 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, gender identity, sexual orientation, age, socio-economic background or disability.

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).