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.
For SME F&D Group only : (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.
In the context of the SBI, the EBRD deploys several different instruments and initiatives aimed at supporting SMEs through the provision of finance and advisory services.
The Associate Banker will be performing different tasks and functions in support of senior members of the team providing support in the implementation of the SBI agenda through active participation to its different streams of work.)
The project life-cycle involves several stages from origination to signing, followed by implementation and monitoring until full completion and repayment or exit.
All the stages involve different tasks such as business marketing, project due diligence analysis, structuring and approval, negotiation and signing of project agreements, disbursement and monitoring.
The role of the Associate Banker 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 Associate Banker performs those tasks assigned to him / her.
The Associate Banker may also Co- ordinate the work of more junior team members and interacts with internal and external counterparts as required.
For SME F&D Group only : (The Associate Banker is also expected to actively contribute to the grants mobilisation function, which is a key component of the SBI operations.
Facts / Scale : Typically
Contribute as a project team member to the execution, implementation and monitoring of a number of projects each year;
Work effectively as a project team member, including, where appropriate, reviewing and supervising the deliverables of more junior team members;
Carry out other relevant tasks assigned by more senior members of the project team or the Team Director;
The Associate Banker is expected to progress to the point of being able to assume the role of an operation leader for straightforward projects (this may involve assuming this role for monitoring responsibilities first), in which case his / her responsibilities will expand to include accountability for project development, execution, implementation and monitoring.
A more senior banker will often be part of the project team to provide oversight and guidance;
No budgetary responsibility
Accountabilities and 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 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 .
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, 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 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
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.
Strong quantitative / numerical skills are critical with the ability to interpret financial information and to design and use financial models.
Banking / Financial Services / Broking
Department / Functional Area
Chefs / F&B / Housekeeping / Front Desk