European Bank for Reconstruction and Development (EBRD)

EBRD London

Requisition ID

31045

Office Country

United Kingdom

Office City

London

Division

Office of the General Counsel

Full-Time/Part-Time​

Full Time

Contract Type

Fixed Term

Contract Length

3 years

Posting End Date

01/09/2022

Role Overview

The Legal Transition Programme (LTP) is the EBRD’s initiative to contribute to the improvement of the investment climate in the Bank’s countries of operations by helping to create an investor-friendly, transparent and predictable legal environment. The Legal Transition Team administers the LTP within the Office of the General Counsel (OGC).

EBRD aims to strengthen the economic governance framework needed for private sector development through its unique business model including investment operations, policy dialogue and technical assistance. As part of its policy engagement, the EBRD supports its countries of operations to enhance their legal and regulatory frameworks and provides technical assistance to corporate and institutional clients to strengthen corporate governance frameworks and practices. The Bank’s assistance focuses on the various areas of law that are relevant to investment activities, in particular corporate governance, dispute resolution (including judicial capacity building, bailiff capacity building, mediation and arbitration), energy and climate change (including climate change, power and energy regulation, sustainability and energy efficiency), financial law (including access to finance, FinTech, insolvency, debt restructuring and non-performing loan (NPL) resolution), infrastructure and natural resources (including information and communications technology (ICT), natural resources and public-private partnerships), and public procurement.

Initially, the Counsel to be engaged will work on corporate governance related matters to help implement the EBRD’s Strategic Capital Framework (SCF) strategic directions. In this respect, strong attention will be paid to issues that are strongly connected with corporate governance as Environment Social Governance (ESG) considerations. The specific topics that the Counsel would work on might change overtime, as decided by the Bank in its entire discretion.

The Counsel is primarily responsible for developing and implementing high impact legal transition activities (including standard setting, assessment, technical assistance and outreach) within the specific field that advances the development of local legal frameworks and contributes to the economic transition of the EBRD’s countries of operations. The role of the Counsel is to engage with stakeholders, including Bank staff, senior government officials, lawyers, Bank’s clients and other market participants, to identify legal obstacles and shortcomings and to develop innovative, creative, well-planned and result-oriented legal reform, policy and corporate actions and solutions to address such obstacles in close co-operation with national authorities, clients and broader groups of stakeholders.

In developing a project pipeline and throughout the course of a project, the Counsel is expected to consult widely within the Bank including with EBRD Directors, Heads of Departments and Regional Offices, Senior and Principal Bankers to ensure that the project effectively supports the Bank’s operations, policy and investment strategy.

This role will be offered as a 3 year fixed term contract.

Accountabilities & Responsibilities

Develop and implement technical assistance projects

In collaboration with existing members of the Legal Transition Team and of the Vice-Presidency for Policy and Partnerships, the Counsel is expected to help identify, develop and implement projects that contribute to the economic transition of the EBRD’s countries of operations in the areas of corporate governance. More specifically, the Counsel will:

  • Work with local government officials, lawyers and other professionals to identify legal obstacles in the area of corporate governance, and to design legal technical assistance solutions;
  • Help develop creative, well-planned and result-oriented legal reform projects to address the obstacles in close co-operation with local authorities. In this regard the Counsel’s work will include drafting internal memoranda, project proposals (including terms of reference) and presenting projects for approval to OGC and EBRD management; and
  • Implement corporate governance legal transition projects once they are approved by the EBRD management. The Counsel’s work in this regard will include supervising the selection and activities of external legal consultants in conjunction with local counterparts, and reporting on the progress of projects to EBRD’s management.
  • Assess the laws, regulations and practices in the area of corporate governance. The Counsel will also assist with the development and implementation of measurement tools to assess the laws, regulations and practices in the areas of corporate governance in each of the EBRD’s countries of operations.

Promote better corporate governance in EBRD investee companies

In line with the relevant EBRD procedures, the Counsel will help review corporate governance practices of companies where the EBRD is considering investing (investee companies), identify areas that require improvements, advise the Bank on how to tackle the shortcomings identified, develop action plan for improvements and, if required, monitor the implementation of the plans.

Advancing legal reform through various outreach activities

The Counsel is expected to advance legal reform in the EBRD’s countries of operations through various outreach activities. More specifically, the Counsel may be asked to:

  • Contribute to the EBRD’s legal journal, Law in Transition, including writing articles for and acting as editor of the publication;
  • Write and submit for publication quality articles that reflect the work done at the EBRD and also contribute to disseminate this work positively to the appropriate circles (academia, policy-making bodies, etc)

The Counsel typically will be responsible for:

  • drafting and advising on the development of corporate governance globally and supporting regulatory framework, including the challenges and opportunities posed, in particular in transition countries. This will aim to develop innovative regulatory solutions to turn these challenges into opportunities that would allow better governance practices and their contribution to performance, mitigation of risks and sustainability of businesses;
  • working with internal and external clients for developing legal and regulatory corporate governance solutions;
  • assisting the Bank in shaping an internal and external dialogue around the necessary regulatory reform related to corporate governance solutions which can provide new business opportunities for the Bank;
  • implementing legal reform and institution building projects, which include supervising the selection and activities of external legal consultants in conjunction with local counterparts, and reporting on the progress of projects to EBRD management;
  • designing assessment tools and implementing assessments that evaluate the laws, regulations and business practices related to corporate governance across the EBRD region;
  • liaising with other International Financial Institutions, international and bilateral agencies providing policy and legal reform assistance and contributing to international standard setting within corporate governance with a view to promoting effective legal reform and best practice in the Bank’s countries of operations;
  • assisting bankers and others within the Bank in developing, refining and implementing technical assistance projects that have legal reform elements focused on corporate governance;

  • promoting EBRD work and international standards throughout transition countries by speaking at international meetings and conferences.

Knowledge, Skills, Experience & Qualifications

The Counsel is expected to have:

  • Law degree from a leading university and a post graduate degree from a leading university and relevant professional experience, preferably in both civil and common law jurisdictions;
  • Proven professional experience (normally, not less than 5 years) as a practicing lawyer/consultant with extensive knowledge of corporate governance best practices and direct experience in corporate governance matters;
  • Be admitted/qualified to practise law in at least one jurisdiction and have academic qualifications or professional experience in both civil and common law.
  • Experience and knowledge of central and eastern Europe and the CIS, or North Africa and the Middle East, or experience in developing and emerging markets; Experience in policy-related work, advising government officials would also be a distinct advantage;
  • Demonstrated interest in development work and/or law reform through past experience, publications, etc; having worked in an international organisation would be an advantage.
  • Have relevant professional experience in one or more of EBRD’s countries of operations together with prior experience in policy and legal work advising government officials, national regulators, and / or corporate organisations. Specific experience in drafting and advising on corporate governance.
  • Have a complete fluency in the English language, including a demonstrated skill to draft legal documents in English. A command of French/Russian/Arabic or another working language of the EBRD’s countries of operations would be an advantage.
  • Excellent legal drafting, negotiation and project management skills.
  • Excellent interpersonal, communications (written, verbal and presentation) skills.
  • Ability to work in a multi-cultural environment.
  • Good team player with strong interpersonal and diplomatic skills.
  • Ability to multitask and work under pressure to challenging deadlines.

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: access to finance, climate change, common law, corporate governance, dispute resolution, eastern europe, editor, emerging markets, energy efficiency, financial institutions, fintech, information and communications technology, institution building, international financial institutions, interpersonal communication, law reform, legal drafting, local government, middle east, natural resources, north africa, private sector development, procurement, project management