Principal Banker

Purpose of Job

The Principal Banker is competent in undertaking all tasks related to and understands all aspects of project development and implementation including project origination structuring execution implementation and monitoring for all types of investment instruments offered by the Bank.
The Principal Banker in their role as an operation leader is expected to take responsibility for effective leadership of their project team/s supervision of junior banking staff while contributing to their coaching and providing mentoring assistance as required.
The Principal Bankers role also includes 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 Principal Banker is to contribute as a senior project team member to the structuring implementation and monitoring of debt and equity transactions in line with the Banks operational objectives. The Principal Banker supervises both as senior team member and as operation leader more junior colleagues to ensure efficient processing of deal flow and portfolio monitoring.
The Principal Banker is able to build and maintain relationships with internal and external stakeholders in relation to business development project execution implementation and monitoring policy dialogue co-financing arrangements and donor funding as applicable.
A substantial degree of independence is given to the Principal Banker and they are expected to ensure effective project team work and progressively take on overall responsibility for increasingly complex transactions.

Accountabilities & Responsibilities


1. Structuring and Execution

• Lead structuring negotiation (including review of legal documentation) and the execution of transactions working with clients authorities consultants and internal units;
• Manage the resources and the work load of the project teams under their supervision;
• Oversee the project due diligence process ensuring it meets the Banks standards;
• Ensure quality and appropriateness of TC assistance components which support the investments or contribute to policy dialogue initiatives;
• Ensure that all transactions within their responsibility are completed within the specified time frames to a high standard (including all internal memoranda and Board reports) and in line with the policies procedures and objectives of the Bank.

2. Portfolio Monitoring Value Creation and Reporting

• Take overall responsibility for the effective monitoring of all projects within t responsibility including verifying the quality of regular monitoring reports; taking the lead in maintaining or supervising the management of client relationships; actively managing the resolution of any implementation/monitoring issues in cooperation with relevant Portfolio Managers; managing and supervising more junior bankers who assist in portfolio monitoring;
• Supervise implementation and monitoring of and reporting on relevant TC assignments to ensure their compliance with donor reporting requirements operational objectives and that all reports are of a high quality;
• Take responsibility for ensuring timely notification of any critical portfolio issues to the relevant Portfolio Manager and/or Management ensuring availability of adequate data and information for the Portfolio Manager and/or Management to be able to take timely decisions.

3. Policy Dialogue

• In cooperation with relevant units within the Bank (e.g. Policy VP OCE) and Banking country teams (if applicable) contribute to policy dialogue in a leading role (project level initiatives) or supporting function (national level initiatives);
• Assist in providing necessary support in the form of relevant information or documentation or meeting participation towards efforts to procure grants and technical cooperation funds to complement investment projects or required as part of policy dialogue efforts.

4. Business Development

• Assist with marketing and business development efforts in the relevant sector and countries to build reputable market contacts in order to develop a broad deal flow and cross selling of the Banks competencies;
• 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 to identify sound and executable investments that meet the mandate of the Bank.

Staff Management

• Assist in recruiting training coaching and mentoring junior bankers in coordination with the team Director and Associate Directors Senior Bankers involving them in all aspects of the project cycle (appraisal execution implementation monitoring and business development) ensuring adequate quality of project work and appropriate work load distribution amongst the project team members; contribute to their professional and competency development;
• Develop productive relationships within the organisation to able to work effectively in a country/sector matrix structure and in a multi-cultural working environment.
• Directly accountable for the engagement and effective overall management of the Team including recruitment compensation performance management coaching and development. Where matrix reporting is in place work jointly with the country counterpart when setting objectives and completing performance appraisals for relevant staff.
• Champion and role model the Banks Behavioural Competencies and Corporate Behaviours ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times.

Qualifications & Skills / Experience & Knowledge

Qualifications and 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.
• Stakeholder management skills.
• Coaching mentoring & leadership skills.
• Relationship management and negotiation skills.
• Ability to work 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:

• Significant 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. Strong familiarity with project finance structures and direct equity investments.
• Relevant sectorial experience in renewable energy and energy infrastructure. Relevant geographical experience in the Middle East and Africa. Good understanding of the sector/regional dynamics and trends.
• Practical experience of participating in and leading complex 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 peoples 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).