European Bank for Reconstruction and Development (EBRD)

EBRD London

Requisition ID

30165

Office Country

United Kingdom

Office City

London

Division

Banking Sectors

Contract Type

Regular

Contract Length

Purpose of Job

The Associate Director will originate, execute, monitor and exit minority equity investments in the infrastructure in all the of countries in which the EBRD operates. In addition, they will be accountable for the overall performance of the infrastructure sector equity portfolio. They will also help to formulate and implement EBRD’s equity investment approach to the infrastructure sector, liaising closely with sector and country teams, and relevant support units. The role is comparable to a Private Equity Investment Director.

Accountabilities & Responsibilities

Business Development

  • Lead marketing and business development efforts in equity in the infrastructure sector and across all the EBRD countries of operation to build reputable market contacts in order to develop a broad deal flow for EBRD, liaising closely with country and sector colleagues;
  • 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 investment criteria and mandate of the Bank.

Structuring and Execution

  • Lead and manage complex transactions and project teams
  • 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 his/her supervision;
  • Oversee the project due diligence process ensuring it meets the Bank’s standards;
  • Ensure that all transactions within his/her responsibility are completed within the specified time frames to a high standard (including preparation of term sheets and all internal memoranda and Board reports) and in line with the policies, procedures and objectives of the Bank.

Portfolio Monitoring, Value Creation and Reporting

  • Take responsibility for the overall performance of the relevant equity portfolio in order to deliver attractive financial returns for EBRD over a medium-term holding period
  • Take responsibility for the performance and monitoring of all investments for which he/she is responsible, including taking the lead in maintaining or supervising the management of client relationships, leading value creation efforts, liaising with nominee directors and other shareholders, delivering high quality monitoring reports; proposing regular valuations, working towards exit; managing and supervising more junior bankers who assist in monitoring etc.;
  • Take responsibility for ensuring timely notification of any critical investment issues to the relevant Equity Director and/or other senior management, ensuring availability of adequate data and information for them to be able to take timely decisions.

Staff Management

  • Assist in recruiting, training, coaching and managing junior investment professionals, involving them in all aspects of the project cycle (business origination, appraisal, execution, implementation, monitoring and exit), 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.

Knowledge, Skills, Experience &Qualifications

Qualifications and Skills:

  • Bachelor’s degree. Master’s degree preferred.
  • 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.
  • Solid investment judgement.
  • 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 of another language used in EBRD’s region is an advantage.

Experience & Knowledge:

  • Significant relevant private equity experience, preferably in a major private equity firm or private equity arm of a major investment, commercial or development bank/IFI, private equity firm, asset management firm, in particular, experience in making equity investments in the infrastructure sector.
  • Relevant experience in making equity investments in the infrastructure is essential.
  • Practical experience of origination, and participating in and leading complex equity transactions through the full project life cycle.
  • Previous experience in the Bank’s countries of operations or of working and investing in emerging and frontier markets is an advantage

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.

Tags: asset management, banking, business development, oral communication