Principal, EU Partnerships

The European Bank for Reconstruction and Development; London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

A leading international development bank in London is seeking a Principal to advance its EU Pillar scorecard within the Donor Partnerships team. The successful candidate will oversee EU-funded instruments and manage relationships with EU member states. A Master's degree and relevant experience in finance or development are essential. The role offers a hybrid work environment and a commitment to inclusivity and sustainability.

Benefits

Comprehensive benefits prioritizing employee wellbeing

A hybrid work environment based on trust and flexibility

Engaging work with experts across sectors

Qualifications

• Relevant experience in private banks or development finance, especially with unfunded financial instruments like guarantees.
• Understanding of international development policy and extensive experience with donors, especially the EU.
• Interest or knowledge of EU institutions’ functioning.

Responsibilities

• Develop and expand guarantee and grant programmes supporting EBRD investments in EU member states.
• Provide operational support to the broader InvestEU team on guarantees management, deployment, and reporting.
• Identify and assess new EU funding opportunities and collaborate with EBRD Resident Offices.

Skills

Strong analytical and numerical skills

Excellent written and spoken English

Effective teamwork and meeting deadlines

Education

Master’s degree in economics, finance, business administration or related field

Job description

Purpose of Job

The Principal will play a key role in advancing the EU Pillar scorecard within the Donor Partnerships team at the EBRD. Reporting to the Associate Director, EU Donor Funds, the incumbent will oversee a portfolio of EU-funded instruments supporting EBRD investments and policy dialogue in EU member states.

The role includes operational responsibilities related to the InvestEU programme, especially the EU guarantee instrument, as well as other EU funding frameworks such as the EU Structural and Investment Funds (ESIF), the Recovery and Resilience Facility (RRF), the Technical Support Instrument (TSI), and Horizon Europe. The Principal will drive the expansion and effective management of these instruments, working closely with Banking teams to structure new products requiring EU donor support, lead fundraising efforts, negotiate funding agreements, and ensure successful implementation.

This position requires a strong understanding of EU institutions, financial instruments, and development financing. A collaborative approach to engaging with internal teams, EU counterparts, and national authorities is essential.

Accountabilities & Responsibilities

• Develop and expand guarantee and grant programmes supporting EBRD investments in EU member states, focusing on mobilising private sector co-financing.
• Provide operational support to the broader InvestEU team within Donor Partnerships and Banking on guarantees management, deployment, and reporting.
• Contribute to preparing operational manuals, fact sheets, templates, forms, and tools for the successful implementation of the InvestEU programme.
• Serve as the Fund Manager for various EU grant-funded programmes, overseeing existing resources and pursuing additional fundraising opportunities.
• Identify and assess new EU funding opportunities, collaborating with EBRD Resident Offices and EU authorities in EU member states on shared management instruments.
• Support the Associate Director in managing risks associated with programmes through legal agreements.
• Contribute to a strategy for deploying and fundraising EU guarantee and blending instruments, aligned with EBRD’s priorities.

Knowledge, Skills, Experience & Qualifications

• Master’s degree in economics, finance, business administration, or related field; CFA qualification is desirable.
• Relevant experience in private banks or development finance, especially with unfunded financial instruments like guarantees.
• Understanding of international development policy and extensive experience with donors, especially the EU.
• Knowledge of the Bank’s strategies, policies, and organizational structure.
• Interest or knowledge of EU institutions’ functioning.
• Strong analytical and numerical skills with the ability to interpret and present data effectively.
• Effective teamwork, meeting deadlines, and working under pressure.
• Excellent written and spoken English skills.

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

Our innovative and agile approach makes life at the EBRD unique! Join a diverse international organization and use your talents to make a difference and shape the future of the regions we serve.

Our values—Inclusiveness, Innovation, Trust, and Responsibility—are central to our culture. We promote listening, collaboration, decisive action, and simplicity to maximize impact. We seek individuals committed to these values and fostering a positive, high-performing environment.

The EBRD offers:

• Engaging work with experts across sectors and regions.
• A culture embracing diversity and inclusion.
• A hybrid work environment based on trust and flexibility.
• A focus on sustainability, equality, and digital transformation.
• Comprehensive benefits prioritizing employee wellbeing.