Associate Director, Head of Lebanon
The appointment in the role is for an initial period of three years with possible extension up to five years.
Purpose of Role:
The Associate Director, Head of Lebanon is responsible for the management of the Resident Office in Beirut, its staff and its resources. The jobholder has overall responsibility for articulating and implementing the EBRD country strategy; engaging with the business community to develop business and supervising the origination, structuring and monitoring of the Bank’s investment portfolio. The role leads the Bank’s policy dialogue efforts, individually and as part of a multi-disciplinary team, to promote the Bank’s mandate and develops and maintains high level relationships with senior government officials, IFIs and diplomatic missions.
The EBRD network of offices in all its countries of operations provides the Bank with a competitive advantage to tap into local markets effectively, understand the business context and be close to clients and stakeholders.
The Associate Director, Head of Lebanon takes the lead on monitoring the Bank’s portfolio in their country/region. Over time the skills mix in the RO has developed, today there are local bankers and sector specialists managed on a day to day basis by the Associate Director, Head of Lebanon within the Bank’s matrix structure. Most offices also incorporate the Small Business Support teams active in the country/region. The Associate Director function has a status similar to that of a diplomat in the country of operation, is the Bank’s representative in Lebanon dealing with government, civil society, the business community and media.
The position works directly or through their respective Regional Director with all areas of the Banking Department and the rest of the organisation – OCE, OGC, Administration, HR, Finance, etc. The role has specific responsibility for effective running of the office from business development to budget, administrative and staff matters.
Facts and Scale:
- Annual scorecard measures include quantitative objectives: volume and number of transactions, including equity, level of gross disbursements, syndications, transaction impact criteria, and qualitative aspects to be agreed at the beginning of each year in accordance with the country strategy and annual operational objectives.
- Annual Business volume ranges between a few million Euros to over one hundred Euros in larger countries, on a consistent basis (Euro 10-250 million).
- Number of projects signed each year will be between 2-15 projects, depending on the political situation in Lebanon
- Staff level responsibility in Resident Offices range from 2-10 non-overtime eligible and 1-6 overtime eligible staff, depending on the country.
- The Associate Director is the key counterpart for senior government officials, civil society and deals with the media in the country.
Accountabilities and Responsibilities:
- Overall responsible for the origination implementation, monitoring and repayments of projects in the country in line with Bank’s mandate, operational principles and country strategy.
- Accountable to deliver against the objectives set for their respective country/region and these objectives mirror and support the annual objectives for the Business Group.
- Leads the articulation, preparation and implementation of the country strategy, through coordination with sectors teams and other relevant departments.
- Check the overall quality of documents for approval at committees (SBIC, OpsCom) and the Board.
- Ensure sectoral coverage in line with the country strategy and effective implementation of the matrix structure in collaboration with sector team directors; manages day-to-day relationships between RO and various sector teams working on projects.
- Support project teams in client interactions as well as in internal inter-departmental consultations.
- Establish an active policy dialogue and continue to maintain and develop relationships for the Bank with senior government officials, government agencies and local government.
- Work closely with the Regional Director and the Office of the Chief Economist and the Policy Vice-Presidency for the prioritisation and resourcing of policy initiatives
- Develop and maintain relations with local financial institutions, the business community (including business associations), EU and other donors and foreign investors.
- Represent the Bank at investor and council conferences and events and respond to enquiries of the press.
- Is accountable and responsible for the overall management of the Resident Office, its staff (including recruitment, compensation, performance management, coaching and professional development), budget and other resources,
- Responsible for supervision the RO budget(s) and other non-staff resources in coordination with relevant departments at HQ to ensure an efficient and optimum utilisation of resources in strict compliance with the rules and procedures of the Bank, such as corporate procurement, budget processes, travel and expenses policy, the Staff Handbook and RO online manual.
- Directly accountable for the engagement and effective overall management of the Resident Office staff including recruitment, compensation, performance management, coaching and development. Where matrix reporting is in place, work jointly with the sector counterpart when setting objectives and completing performance appraisals for relevant staff.
- Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times.
Knowledge Skills/Experience and Qualifications:
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 design and critically review 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.
- Stakeholder management skills.
- Coaching, mentoring & leadership skills.
- Relationship management and negotiation skills.
- Ability to work 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:
- Extensive years of 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.
- Extensive experience of leading complex transactions through the full project life cycle.
- Relevant industry/country (as applicable) experience might be mandatory, including clear understanding of country/regional/sector dynamics and trends – depending on the specifics of the position.
- Experience in leading policy dialogue, articulating policies and strategies and representing an organisation with government and local authorities, EU, EIB, the business community, donors and media.
- Experience in building credible contacts in the political, business and civil society circles.
- Experience in managing teams and demonstrated leadership skills in managing people and teams.
Please note that CCTs, Interns and applicants working directly for a Board office can only apply for jobs advertised via the external careers website.