This opportunity is being offered on a short term contract basis until the end of the year.
Risk Management is the Bank's second line of defence, which is responsible for the independent identification, reporting and mitigation of risks. The Associate Risk Officer provides analytical support and recommendations to his/her management in the Country and FI Credit Risk team, feeding into final recommendations to the Operations Committee, Small Business Information Review Committee, or approval of projects together with Banking under Delegated Authority for Banking transactions and exercising delegation granted under the Treasury Credit Process for Treasury transactions.
As part of the Country and FI Credit Risk Management Team, as appropriate for the scope of the individual jobs, independently analyse and appraise risks of EBRD's new and existing portfolio FI debt transactions, Treasury transactions, or associated risks (including country risks. As appropriate, identification of required due diligence, recommendation of appropriate risk mitigation measures and transaction structures, including security, covenants, and pricing; review of portfolio and new proposed projects; preparation of analytical data; and communicate communication of trends in the portfolio for broader strategic decision-making and bottom-up stress-testing; review of country risk; allocation of counterparty, transaction or sovereign ratings; setting of counterparty limits. The Associate Risk Officer will work under the supervision of, and will support the work of, an Associate Director.
Regional FI Credit Teams: The job holder is required to carry out, in relation to a portfolio of financial institution clients, the identification of required due diligence, recommendation of appropriate risk mitigation measures and transaction structures, including security, covenants, and pricing; review of portfolio and new proposed projects; preparation of analytical data; communication of trends in the portfolio for broader strategic decision-making and bottom-up stress-testing;
Accountabilities & Responsibilities
The Associate Risk Officer will work under supervision of the Associate Director and/or Director:
Analyse the key risks of each proposal and advise on risk mitigation measures. Review integrity and anti-money laundering issues to ensure compliance with internal guidelines. Appraise the validity and reliability of key assumptions of each proposal, including through involvement in the commissioning and review of independent due diligence and travel.
In liaison with others in Risk, Banking and EPG, prepare regular and ad hoc country portfolio reviews for RiskCom and Board committees.
Ensure projects comply with any relevant risk guidelines, prudential limits set by the Bank, and that appropriate ratings are assigned for probability of default and loss given default. Have the ownership of Risk data in the area of responsibility.
Exercise some independent delegated authority regarding portfolio actions (including certain waivers and amendments), and recommendations to senior management on matters requiring higher level approval (including transfers to corporate recovery, impairments and more significant restructuring, etc).
Carry out proactive and regular monitoring of the assigned portfolio counterparties, countries and market developments. Actively and constructively engage with Banking and other relevant staff to ensure adequacy of front-line monitoring.
In liaison with other Risk teams, provide input to FI sector portfolio stress-tests. Collaborate with other members of staff; especially in the Banking Department, and Finance to ensure effective cross-departmental and business functioning.
Contribute to and participate in various executive Bank committees - including the Operations Committee, SBIC, RiskCom etc.
Participate and contribute positively to various initiatives within Risk Management or bank-wide.
Among peers, be an agent of credit culture dissemination.
Knowledge, Skills, Experience & Qualifications
FI Regional Credit Team:
Proven experience of analysing financial institutions.
Excellent financial modelling and financial accounts knowledge.
Knowledge of emerging markets, CIS, CEE and SEMED.
Strong written and spoken communication skills.
Advanced degree in finance, business, economics or equivalent on the job training.
The Associate Risk Officer is expected to face frequent challenges in his/her role including:
Lack of reliable information and uneven quality standards.
Tight time schedules.
Effective communication with resident offices across different time zones.
The Associate Risk Officer is expected to:
Analyse and size up projects rapidly and to make authoritative recommendations.
Build rapport and understanding with colleagues on the team and in other departments.
Deliver information in the right format to differing groups by having effective writing and verbal skills (also through clarification of scope of any assignment).
Find and share technical knowledge with colleagues.
Display a solution-orientated approach and a collaborative working style, reflecting understanding and awareness of the perspectives of others.
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. As an inclusive employer, we promote flexible working.
Job Segment: Credit, Risk Management, Bank, Banking, Finance
Internal Number: 5503889
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