Associate Banker

Requisition ID
‎33225

Office Country
Egypt

Office City
Cairo

Division
Banking Countries of Operations

Contract Type
Regular

Contract Length

Posting End Date
‎06/‎03/‎2023

EBRD is one of the largest financiers of the energy sector in Egypt. The
Associate Banker will work on debt and equity facilities for energy projects,
mainly renewable energy. The Associate Banker contributes to all phases of the
project cycle, including project origination, structuring, execution,
implementation, and monitoring. The focus of this position will be on gaining
experience through the current portfolio in the energy sector in Egypt with
the following parameters: ‎20 projects, EUR 635m portfolio; and EUR 502m
operational assets - and key emphasis on the EBRD policy compliance as well as
project finance implementation.
The Associate Banker will take responsibility for those tasks assigned to
him/her as a project team member by the operation leader or tasks required of
him/her as an operation leader, focusing on effective post-signing
implementation and monitoring. The Associate Banker, if a project team member
carries out these tasks as part of a project team under the guidance of an
operation leader or as an operation leader, carries these tasks 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

Accountabilities & Responsibilities

Under the guidance of the operation leader or a more senior banker:

Focus on Portfolio Monitoring and Reporting

• As project operation leader or team member, take responsibility for the implementation and monitoring of all projects, 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;


• 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.

Business Development

• Assist, as required, with marketing and business development efforts.

Subsequent and phased involvement with Structuring and Execution

The progress towards contributing to structuring will be conditional upon
results achieved in project implementation of the assigned portfolio, progress
in skill expansion and acquisition and work opportunities within the team.

• 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.

The responsibilities of the Associate Banker are designed to allow for the
development of transaction expertise and expansion of responsibilities,
leading to assuming the role of an operation leader on standard, non-complex
transactions. In such cases, the Associate Banker's accountabilities and
responsibilities would be increased to undertake a role of an operation leader
under the supervision/guidance of more senior bankers or the Team Director.

Qualifications & Skills / Experience & Knowledge

Qualifications and Skills:
* Bachelor's degree. Master's degree preferred or equivalent experience in the areas of expertise.
* Proven interest and sound understanding of energy industry in Egypt is desirable.
* 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.
* Ability to work effectively as a team member and under time pressure to meet deadlines.
* Excellent written and oral communication skills in English.
* Good command over of Arabic language is an advantage.

Experience & Knowledge:
* Relevant financial industry experience in Egypt from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
* Practical experience of participating in transactions through the full project life cycle.
* Previous project finance or corporate debt experience is an advantage.
* Exposure to industry/country experience.
What is it like to work at the 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 people's lives
and help shape the future of the regions we invest in.

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;
* An environment that places sustainability, equality and digital transformation at the heart of what we do.

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 and expecting our employee to
attend the office ‎50% of their working time.

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