Associate Banker

Associate Banker

Location: Amman, JO
Company: EBRD
Requisition ID :     6721
Office Country :      Jordan
Office City :     Amman
Division :    Banking
Dept. / Bus. Group     : Southern & Eastern Mediterranean
Business Unit :    SEMED - Amman (Jordan)
Contract Type :    Regular
Contract Length     :
Posting End Date     : 24/06/2017

Role Overview

In May 2017 EBRD’s Shareholder approved the expansion of EBRD to West Bank and Gaza. The EBRD seeks now to recruit an Associate Banker to focus on private sector business opportunities initially in the West Bank and later in Gaza. This is a 3 year position based in the Bank’s office in Amman, Jordan with weekly travel to the West Bank.

The project life-cycle involves several stages from origination to signing, followed by implementation and monitoring until full completion and repayment or exit. All the stages involve different tasks such as business marketing, project due diligence analysis, structuring and approval, negotiation and signing of project agreements, disbursement and monitoring.

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

Under the guidance of the operation leader and/or more senior bankers, the Associate Banker performs those tasks assigned to him/her. The Associate Banker may also co-ordinate the work of more junior team members and interacts with internal and external counterparts as required.

Accountabilities & Responsibilities

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

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;
-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;
-Take responsibility, as TC operation leader, to design and process technical co-operation assistance, ensuring that TC processing and approval fits with the approval schedule of any related investment project or the related policy dialogue initiative;
-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.
Portfolio Monitoring, Value Creation and Reporting
-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 TC operation leader, ensure effective implementation and monitoring of TC assignments to ensure their compliance with donor reporting requirements, operational objectives and that all reports are of a high quality;
-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.

Business Development

Assist, as required, with marketing and business development efforts in this start-up phase of EBRD’s expansion to the West Bank and Gaza in close cooperation with the Jordan team and specifically with the Head of Office;

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.

Knowledge, Skills, Experience & Qualifications

-    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.
-    Fluency in Arabic and knowledge of the Palestinian entrepreneurial landscape is essential.
-    Relevant financial industry experience from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
-    Practical experience of participating in transactions through the full project life cycle.
-    Relevant experience in the West Bank and Gaza, including understanding of regional dynamics and trends.

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.

Jobs.ps, Ltd. All Rights Reserved.