Associate Banker

European Bank for Reconstruction and Development; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading international financial institution is seeking an Associate Banker to contribute to project origination and development in Central Asia. You will be integral in project structuring, due diligence, and business development efforts, ensuring compliance with standards and fostering key relationships. An understanding of the financial market and strong quantitative skills are essential for this position. The role requires excellent communication in English and Russian, with a background in finance preferred.

Qualifications

• Bachelor’s degree required, Master’s degree preferred.
• Relevant financial industry experience in investment or commercial banks.
• Strong quantitative skills needed for financial models.

Responsibilities

• Contribute to project structuring and execution.
• Prepare project documentation and financial models.
• Monitor financial performance and assess risk factors.
• Assist with business development to build market contacts.

Skills

Quantitative and numerical skills

Credit analysis skills

Relationship management

Communication skills in English and Russian

Education

Bachelor’s degree

Master’s degree preferred

Professional qualification (ACA, CFA, etc.)

Tools

Microsoft Office

Job description

The Associate Banker, within Manufacturing & Services, contributes to all phases of the project cycle, including project origination, structuring, execution, and initial disbursement and monitoring. The candidate will take responsibility for those tasks assigned by the operation leader, such as due diligence, financial, market, integrity and EBRD policy compliance, and working with the Portfolio team after signing and disbursement. Under the guidance of an operation leader or senior bankers, the Associate will also contribute to business/pipeline development in Central Asia, client management and policy dialogue. The candidate is expected to have a good understanding of the local market and business practices and play an integral part in business development within the team. Manufacturing and Services Team consists of over 60 professionals covering all the bank’s countries of operation. The team has financed over 600 projects with a total project value of ca EUR 40 billion since establishment.

Responsibilities

• 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.
• Prepare internal project documentation, including approval project memoranda, financial models, draft term sheets and presentations.
• Be a key driver of the scope and quality of project due diligence, including financial, market, integrity and EBRD policy compliance.
• Assist with communication with other internal units of the Bank, clients and other stakeholders at the operational level, such as preparing draft correspondence and presentations and following up on internal e‑mails.
• Ensure that all tasks within the area of responsibility are completed within the specified time frames to a high standard and in line with Bank policies and procedures.
• Support the implementation and monitoring of assigned projects, ensuring compliance with project agreements and Bank procedures, including disbursement processes and progress tracking.
• Monitor financial performance, assess evolving risk factors and review covenant compliance to maintain project integrity.
• Prepare timely and comprehensive draft monitoring reports, incorporating recommendations for corrective actions where necessary, and escalating them to senior team members for review.
• Assist with marketing and business development efforts in the country to build reputable market contacts and develop a broad deal flow and cross‑selling of the Bank’s competencies.
• Assist with the critical screening of project proposal flow generated through business development efforts, liaising with other colleagues and teams within the Bank to identify sound and executable investments that meet the Bank mandate.

Qualifications

• Bachelor’s degree (Master’s degree preferred or equivalent experience).
• Professional qualification such as ACA, CFA, ACCA or CIMA desirable.
• Relevant financial industry experience in a reputable financial institution, including investment or commercial banks, private equity, asset management or auditing/financial consulting firms operating to international standards.
• Strong quantitative and numerical skills with the ability to interpret financial information and design and use financial models.
• Good track record of deals and exposure to the corporate sector, e.g., manufacturing, services, agribusiness.
• Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of credit analysis.
• Computer literacy and proficiency in Microsoft Office and spreadsheet packages for financial analysis and modelling.
• Relationship management and negotiation skills.
• Excellent understanding of relevant systems and processes.
• Ability to work effectively as a team member under time pressure and to deadlines.
• Sector expertise in Manufacturing & Services is desirable.
• Existing relevant experience in Central Asia is desirable.
• Excellent written and oral communication skills in English and Russian.

The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious, or cultural background, gender, gender identity, sexual orientation, age, socio‑economic background or disability. The EBRD provides an inclusive workplace that treats everyone with respect and offers equal opportunities.