The International Professionals Programme (IPP) is a focused and intensive programme for a group of 10 professionals, who demonstrate high potential, to join this unique financial institution.
During the Programme, the IPP Analyst, Banking will rotate through assignments in relevant departments, including one assignment to a Resident Office, in one of our countries of operation, preparing them for a career in international development and banking.
Throughout the Programme, participants undertake a tailored training plan which encompasses in-depth technical training on core skills required for the job as well as personal and business skills development. Participants are supported by an HR Business partner who manages the Programme overall, a senior mentor who provides individual formal management support, as well as secondary supervisors / line managers assigned to provide on-the-job training, guidance, help with the management of the workload etc. during the rotations. Networking and collaboration between the Programme members is also encouraged.
Participation in the Programme will be 24 months in duration under a fixed term contract.
At the end of the Programme, participants will join a team either in our London HQ or one of our Resident Offices.
The Banking 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 Analyst IPP, Banking 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 their manager, the Analyst IPP performs tasks assigned to them and provides support to the project team throughout the project cycle, with a particular emphasis on research, data gathering, credit analysis and financial modelling.
Key Responsibilities and Deliverables
Under the guidance of their manager, with training:
1. Structuring and Execution
Work as a project team member on transactions, contributing to all aspects of project structuring and execution, including comprehensive research and analysis of background materials, market information and financial performance data; analyse and evaluate potential risks related to the proposed project, including analysis of financial statements, building and updating financial models and financial projections;
Assist with the designing and processing of technical co-operation assistance, including preparation of terms of reference and internal approval documentation, to support the related investment project or the related policy dialogue initiative;
As may be requested, assist with communication with other internal units of the Bank, clients and other stakeholders, at the operational level, such as preparing draft correspondence, presentations, and following up on internal emails;
Ensure that all assigned tasks are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Bank.
2. Portfolio Monitoring, Value Creation and Reporting
As requested by the team sponsor, undertake assigned tasks relating to the implementation and monitoring of projects as part of the project team, including compliance with project agreements and Bank procedures related to disbursement, monitoring of progress of the project and financial performance of the client, assessing evolving risk factors and monitoring and assessing covenant compliance;
As requested by the team sponsor, prepare timely and comprehensive draft monitoring reports and include recommendations for corrective actions where required and ensure these corrective actions and recommendations are brought to the attention of more senior team members;
Under the supervision of the team sponsor, assist with the effective implementation and monitoring of TC assignments including communication with TC client, monitoring of TC fund usage, preparation and filing of relevant TC progress and completion reports to support the TC operation leader to meet donor reporting requirements and operational objectives.
The responsibilities of the Analyst IPP are designed to allow the Analyst IPP to progressively undertake more complex tasks and build the scope of responsibilities based on acquired experience and expertise
Essential Skills, Experience & Qualifications
Master's degree or equivalent in Finance, Accounting, Banking, Economics or Business Administration preferred. Alternatively a Bachelor's in one of these, coupled with a Master's degree in a discipline relevant to EBRD's work.
Minimum of 1 year and maximum of 2 years' relevant work experience (may include relevant internships) for example from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
Excellent written and oral communication skills in English. Quantitative/numerical skills are critical with the ability to interpret financial information and to design and use financial models a strong advantage.
Credit analysis skills, with the ability to interpret accounts, understanding of local and international accounting principles and practice of credit analysis.
Financial modelling skills will be an advantage.
Fluency in a language of our country of operations an advantage.
Evidence of outstanding academic achievements.
Experience working, studying or living in one of the EBRD regions of operations would be an advantage.
Computer literacy, conversant with Microsoft Office and spread sheet packages
Ability to work effectively as a team member, to deadlines and under time pressure.
Ability to adapt quickly to new departments as part of the rotations of the programme.
During the programme: willingness to travel and undertake assignments in the Bank's countries of operations.
Upon graduation from the Programme, willingness to take a field-based role.
Interest in international development
Competencies & Personal Attributes
Technical & Professional Expertise - Has the ability to make effective and appropriate use of the technical skills and knowledge described above.
Analysis and Problem Solving - The ability to tackle issues and problems in a logical and practicable manner.
Team Working - Ability to build effective working relations with clients and colleagues to deliver the objectives of the team and the Bank.
Communication Skills - the ability to communicate appropriate, concise and accurate information in written and verbal formats at the right time to counterparts both internally and in the market place. Effectively articulates and presents their view of the market.
Integrity - Takes actions consistent with the EBRD's business principles - code of conduct, business ethics.
Versatility/Adaptability - Demonstrates initiative, flexibility and adaptability to proactively and positively respond to changing needs of clients. Fast learner, rapidly incorporates new work knowledge and content into own role.
Results Orientated - Results oriented and resilient, output driven, able to overcome obstacles to deliver on time and in budget the required targets.
Mobility - Willingness to travel and undertake assignments in other locations.
Motivation - Commitment and passion for working toward the Bank's mission.
Multicultural sensitivity - Ability to embrace diversity, operate sensitively in multicultural environments and build effective working relations with clients and colleagues.
Diversity is one of the Bank's core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. 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, sexual orientation or disabilities.
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Internal Number: 5227602
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