Associate Banker GB

Purpose of Job

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.

Background

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 Banks 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.

The position will be based in London and will be dedicated to Infrastructure projects across countries in Eurasia. Intensive travel to the region is expected.

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 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
• Ensure that a project structure addresses CTF requirements.
• Take responsibility, as 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.

2. 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 Associates 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…