Associate Banker

European Bank for Reconstruction and Development; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading international financial institution in Greater London is seeking an Associate Banker to contribute to project cycles, including origination and execution. The role involves due diligence, financial analysis, and supporting business development in Central Asia. Ideal candidates should have a strong financial background, excellent communication skills, and sector expertise in Manufacturing & Services. This position offers a hybrid working model and promotes inclusivity and diversity.

Benefits

Competitive benefits package

Hybrid workplace

Inclusive work environment

Qualifications

• Relevant financial industry experience in a reputable institution.
• Good track record of deals in the corporate sector.
• Ability to work effectively under time pressure.

Responsibilities

• Contribute to project origination and structuring.
• Prepare internal project documentation.
• Assist with marketing and business development efforts.

Skills

Strong quantitative/numerical skills

Credit analysis skills

Relationship management and negotiation skills

Excellent written and oral communication skills in English and Russian

Education

Bachelor’s degree

Master’s degree preferred

Professional qualification (ACA, CFA, ACCA, CIMA)

Tools

Microsoft Office

Spreadsheet packages

Job description

Purpose of Job

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 to him/her by the operation leader, which may include undertaking comprehensive due diligence, including financial, market, integrity and EBRD policy compliance, as well as effectively working with the Portfolio team following signing and disbursement. The Associate will carry out these tasks as part of a project team under the guidance of an operation leader or under the supervision/guidance of more senior bankers.

The Associate will also contribute to the business/pipeline development in Central Asia in the manufacturing and services sectors, client management and policy dialogue. Particularly, the candidate is expected to have a good understanding of the local market and businesses practices, and play an integral part in business development within the team.

Background on the M&S Team: Manufacturing and Services Team consists of over 60 professionals covering all the Bank’s countries of operation to serve clients locally. The bankers are based in the Bank’s HQ and in the Regional Offices. Manufacturing and Services sector covers diversified activities ranging from chemicals to metals, from pharma to education, from car manufacturing to building materials and retail. Manufacturing and Services Team financed over 600 projects with a total project value of ca EUR 40 billion since establishment.

Accountabilities & Responsibilities

Structuring and Execution

• 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, presentations, etc. as and when required;
• Be a key driver of the scope and quality of project due diligence, including financial, market, integrity and EBRD policy compliance;
• As may be requested, assist with communication with other internal units of the Bank, clients and other stakeholders, at the operational level, such as preparing draft correspondence, presentations, and following up on internal e-mails;
• Ensure that all tasks within his/her area of responsibility are completed within the specified time frames to a high standard and in line with the policies, procedures and objectives of the Bank.

Portfolio Monitoring

• Support the implementation and monitoring of assigned projects, ensuring compliance with project agreements and Bank’s 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 elevate these to senior team members for review.

Business Development

• Assist with marketing and business development efforts in the country to build reputable market contacts in order to develop a broad deal flow and cross selling of the Bank’s competencies;
• 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 mandate of the Bank.

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.

Qualifications & Skills / Experience & Knowledge

• 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.
• Relevant financial industry experience in a reputable financial institution, including that of an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
• Strong quantitative/numerical skills are critical with the ability to interpret financial information and to design and use financial models.
• Good track record of deals and exposure to corporate sector eg manufacturing, services, agribusiness, etc.
• 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 spreadsheet packages including financial analysis and modelling modulesli>
• Relationship management and negotiation skills.
• Excellent understanding of relevant systems and processes.
• Ability to work effectively as a team member and to deadlines and under time pressure.
• 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.

What is it like to work at the EBRD? / About 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.

At EBRD, our Values – Inclusiveness, Innovation, Trust, and Responsibility – are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high‑performing environment.

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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
• A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
• An environment that places sustainability, equality and digital transformation at the heart of what we do.
• A workplace prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.

Diversity is one of the Bank’s core values which are at the heart of everything it does. 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, gender identity, sexual orientation, age, socio‑economic background or disability.

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).