The Associate Director, Senior Banker, Green Economy Transition (GET) is a key expert in the development and execution of EBRD’s GET strategy in the financial sector, focussing on the established “use of proceeds” model such as Green Economy Financing Facilities (GEFFs), broadening the scope of the products, and scaling up dedicated GET financing.
During the first 2-years the role will focus on expansion and improvement of EBRD’s use of proceeds model with some transaction leadership included. Thereafter, the role is expected to transform gradually and leading of GET transactions will constitute a large part of the role, in particular for new use of proceeds products and more complex transactions and frameworks.
The Associate Director, Senior Banker GET is one of EBRD’s primary representatives with a wide range of stakeholders involved in EBRD’s GET operations in the financial sector including partner financial institutions (PFIs), regulatory authorities, international climate finance experts/councils/working groups, government authorities, rating agencies, grant and technical cooperation funding donors.
Accountabilities & Responsibilities
- Leading FI banker focussing on established use of proceeds (UoP) models and development of new GET UoP models and dedicated GET financing.
- Responsible for designing and facilitating the appropriate use of proceeds product offering to the identified business opportunities including green bonds, GEFFs, GET-eligible instruments and mainstreaming of GET across other instruments.
- Identifies and leads work to address the impediments to effective FI GET project execution, on transaction basis.
- Maintains GET-related policy statements and contributing to applications for donor funds.
- Keeping up to date with regulatory development related to sustainable finance, and disseminating the knowledge across the teams as required.
- Addresses and identifies solutions for more complex issues of product implementation across multiple geographies to ensure delivery against target.
- Cooperates closely with the FI GET Team senior colleagues to provide input to piloting to Paris Alignment model and operationalisation of screening of all FI projects against the principles of Paris Climate Agreement.
- Provide guidance to the GCF GEFF Framework operation leader.
- Accountable for monitoring of green finance in FI post signing – in cooperation with Green Economy and Climate Action (GECA) Team and other teams as required.
- Works across FI teams, co-leads development of the relevant GET training for bankers and keeps it up to date, develop FI tools for implementation for mainstreaming knowledge across the teams.
- Proactively engaging with the relevant FI project team OLs to drive delivery of GET projects.
- Development and maintenance of internal capacity building materials and delivery of internal
- capacity building as required to support further mainstreaming of GET financing across FI operations.
- Identifies and leads work to address the impediments to effective FI GET project execution, specifically helping the FI project teams to formulate and present transition impact project proposition in a manner that is consistent with the overall FI GET business.
- Contributes to grant fund-raising for FI GET business. The grant fund-raising entails a shared responsibility with GECA for identifying of and engaging with appropriate donors, negotiating and executing the donor contribution agreements and achieving a level (volume and nature) of grant funding..
- Contribute to or leads on policy dialogue activities as and when required.
- Sign offs on applications for donor funds and signs-off on policy statements where major changes identified.
- Completion of internal procedural tasks related to GET programmes including reviews of policy statements and reviews of relevant donor proposals.
- Contributes to structuring and preparation of relevant external events organized by the EBRD or in partnership with other institutions and initiatives.
- Develops toolkits (including e-learning) and drives standardisation and simplification of existing GET products, procedures and documentation (both internal and external) to achieve better operating efficiency and scalability of the FI GET business.
- Engagement with international initiatives, multilateral development banks, impact investors, rating agencies, grant donors and other stakeholders.
Qualifications, Skills, Experience and Knowledge
- Solid knowledge of the overall greening of the financial sector agenda.
- Prior knowledge of EBRD’s existing green financial products and operation aspects of such product’s delivery as well as EBRD’s FI sector business would be a significant advantage.
- Good understanding of green financing opportunities in the real sector in emerging markets, which can be addressed through intermediated models.
- Credit analysis skills, with the ability to interpret accounts of a bank, understanding local and international accounting principles and practice of credit analysis.
- Experience with leading/contributing to donor engagement and fundraising.
- Well developed “soft skills”, including influencing, communication, presentation and perceptiveness.
- Strategic mind-set is crucial to anticipate problems as well as opportunities.
- Be proactive and able to operate consistently within business guidelines and ethics and work sensitively in multicultural environments, building effective working relations with clients and colleagues.
- Excellent writing skills, strong numeracy and analytical skills, attention to detail, and an eye for accuracy.
- Ability to work to tight deadlines is essential; independently as well as part of a team.
- Excellent written and oral communication skills in English. Knowledge of French and/or Russian an advantage.
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. As an inclusive employer, we promote flexible working.