Associate Banker, Financial Institutions

Employer
EBRD
Location
London, United Kingdom
Salary
Competitive
Posted
Mar 06, 2019
Closes
Mar 08, 2019
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Requisition ID
14595

Office Country
United Kingdom

Office City
London

Division
Banking

Dept. / Bus. Group
Financial Institutions

Business Unit
FI/Insurance & Financial Services/Turkey

Contract Type
Regular

Contract Length

Posting End Date
06/03/2019

Outline of the role

The Insurance and Financial Services Team is a product team within Financial Institutions Group, responsible for both equity and debt projects in insurance, asset management and pensions, leasing consumer finance, stock exchanges and companies related to local capital markets infrastructure. The Team is also responsible for structured solutions to offer counterparties alternative funding sources and/or capital relief instruments by investments into Asset Backed Securitisation (ABS), Diversified Payment Rights, Covered Bonds and Non-Performing Loans. The Associate Banker will be performing different tasks and functions in support of senior members of the team, in particular, providing support in the structured finance projects.

The role of the Associate Banker is to contribute, as a project team member, to the structuring, implementation and monitoring of debt, equity or structured product transactions, and their effective implementation and monitoring in line with the Bank's operational objectives.

Accountabilities & Responsibilities

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

  • 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;
  • 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.
  • Take responsibility for the implementation and monitoring of all projects to which the Associate Banker is assigned, 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, in the case of more senior Associate's they may become the OL for the project once it is in implementation and/or monitoring phase;
  • 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 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.


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 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.
  • Ability to work effectively as a team member and to deadlines and under time pressure.
  • Excellent written and oral communication skills in English.
  • Good command over the local/country language is an advantage


Experience & Knowledge:

  • Relevant financial industry experience from an investment or commercial bank, asset management firm, or auditing/financial consulting firm operating to international standards.
  • Exposure to Asset Backed Securitisations (ABS) structures and understanding of rating agency methodologies of structured finance.
  • Practical experience of participating in transactions through the full project life cycle.


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.

Job Segment: Bank, Banking, Banker, Financial, Equity, Finance

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