Principal Banker, Casablanca, Morocco

European Bank for Reconstruction and Development (EBRD)

EBRD in Casablanca

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Purpose of Job

The Corporate Debt (CD) Banking Portfolio team is looking for a Principal Banker to co-ordinate the effective implementation and monitoring of portfolio projects in Morocco, Tunisia and the wider SEMED region in line with the Bank’s operational objectives and under the supervision of the regional Portfolio Associate Director (PAD).

Reporting to the Portfolio Associate Director (PAD) and the Country Director, the Principal Banker will act both as a senior member of a project team, supporting more junior bankers or as a Portfolio Operation Leader (POL). In their role as POL, the Principal Banker will take responsibility for the effective leadership of their project team/s and supervision of more junior banking staff, while contributing to their coaching and providing mentoring assistance, as required.

The Principal Banker is competent in undertaking all tasks related to, and understands all aspects of project origination, development and implementation, including structuring, execution and monitoring, for all types of investment instruments offered by the Bank.

The Principal Banker’s role also includes elements of repeat business origination/execution with existing portfolio clients, client management, policy dialogue and providing structuring feedback to sector team colleagues.

Accountabilities & Responsibilities

  • Portfolio Monitoring, Project Implementation and Reporting
  • As a senior project team member perform all such tasks as may be assigned by the PAD and Country Director and provide constructive portfolio monitoring advice, guidance and supervision to more junior members of the project team. Assume a leading role in managing underperforming and distressed clients and coordinating with Special Debt, Risk and Corporate Recovery.
  • As POL:

    • Take overall responsibility for the effective monitoring of all projects within their 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 under the supervision of the PAD; managing and supervising more junior bankers who assist in portfolio monitoring;
    • Ensure the timely processing of client requests for waivers, amendments or consents;
    • 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 PAD and Country Director, ensuring availability of adequate data and information for them to be able to take timely decisions.
  • Assist the PAD with the preparation of management reports for Morocco and Tunisia as well as check, update and ensure the accuracy of portfolio-specific data for these countries. When required, assist with the preparation of stress tests and assess the impact of macroeconomic and socio-political changes on CD clients in Morocco and Tunisia.
  • Repeat Business Development
  • Assist the relevant sector and country teams in identifying repeat business opportunities with existing portfolio clients.
  • Support the execution of such repeat business transactions with portfolio clients as joint OL or team member.
  • Staff Management
  • Assist in recruiting, training, coaching and mentoring junior bankers, in coordination with the PAD and Country Director, involving them in all aspects of project monitoring and implementation.
  • Ensure 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.
  • Champion and role model the Bank’s 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.
  • Policy Dialogue
  • In cooperation with relevant units within the Bank (e.g., VP3) and Banking country teams (if applicable), contribute to policy dialogue, in a leading role (project level initiatives) or supporting function (national level initiatives);

The responsibilities of the Principal Banker are designed to allow for the development of transaction expertise and expansion of responsibilities, leading to assuming the role of Senior Banker.

Qualifications & Skills & Experience & Knowledge

Qualifications and Skills:

  • Bachelor’s degree. Master’s 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 and French.
  • Good command of Arabic 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.
  • Practical experience of participating in and leading complex transactions through the full project life cycle.
  • Relevant industry/country (as applicable) experience might be mandatory, including understanding of country/regional/sector dynamics and trends.

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.