The purpose of the role is accordingly to ensure delivery of the GECA team’s objectives in this area, to provide strong and engaged leadership for the CPD-FI3R team and to be part of the overall GECA team leadership group, providing support, advice and strategic insights to the Managing Director and the other directors in the team.
Reporting to the Managing Director, the Director will demonstrate high commitment to the Bank’s mandate and institutional goals combined with the ability to create an environment conducive to technical excellence, lead strategic thinking for the sector, and provide leadership with a consistent approach towards staff, clients, and shareholders.
Accountabilities & Responsibilities
- Lead the formulation and implementation of the Bank’s strategy to promote green, low-carbon and climate resilient outcomes across the Bank’s countries of operations in the financial institutions sector, as well as in the areas of climate risk, resilience, adaptation, climate governance and greening capital markets and financial systems.
- Work closely with the Managing Director for the Bank’s Financial Institutions business group and her/his team to ensure (1) delivery of that group’s annual targets for green investment volumes, and (2) an efficient, robust, transparent and consistent assessment for this sector of green finance, Paris Agreement alignment and Climate Risk.
- Supervise the review of all investments in the Financial Institutions sector, ensuring the quality and comprehensiveness of the green and climate aspects of these investments and the related submissions to the Bank’s management committees and Board.
- Promote innovation across the relevant areas to create opportunities for new investments and reforms.
- Oversee, in close cooperation with the Bank’s Climate Risk and Environmental and Social Departments, the development of a robust and credible approach to climate risk from the perspective both of the Bank’s management of its own risk and maximising the awareness and management of this risk by the Bank’s clients. Support the Bank’s Climate Risk Department in the implementation of the Bank’s TCFD reporting.
- Lead the formulation, prioritisation and delivery, in close cooperation with Banking and GECA colleagues based in the Bank’s resident offices, of a comprehensive approach to green and climate policy dialogue across the Bank’s countries of operations: (1) in the financial institutions sector, (2) to promote the identification, management and reporting of climate risks (and associated governance arrangements) by all clients and (3) to promote the greening of financial systems generally and capital markets specifically, including through the development of green bonds and sustainability-linked financing mechanisms. Accountable for the quality and coherence of this policy dialogue, including reviewing related Technical Cooperation proposals.
- Oversee, in close cooperation with the Bank’s Environmental and Social Department, the development of robust, credible methodologies for the assessment of Paris Agreement alignment for indirect and for adaptation generally, and for adaptation-related green finance. Working with the Director Climate Policy and Delivery, Industry and Infrastructure, lead the Bank’s representation in key international bodies defining such methodologies and oversee reporting of the Bank’s climate finance in accordance with these methodologies.
- Lead business development, strategy formulation and policy dialogue in relation to climate change adaptation. Accountable, together with relevant Banking teams, for the delivery of any adaptation finance goals assumed by the Bank.
- Originate and maintain key relationships in the relevant sectors, across clients, investors, authorities, industry bodies, other IFIs and other stakeholders. Represent the Bank in this context including at relevant conferences, events and forums such as the NGFS.
- Provide inputs to the Bank’s country and sector strategies, as well as other applicable policies and strategies, in the areas covered by the team
- Define the team’s strategic direction and operational goals in its sector. Advise the Managing Director on all sector related operational and strategic matters, prepare proposals for the annual business plan and budget and provide inputs for business plans.
- Act as a key member of the GECA leadership group, working with the Managing Director and other Directors to define and promote a culture of innovation, collaboration and excellence across the GECA group and with other stakeholders in the Bank, maximising synergies.
- Accountable for the engagement and effective overall management of the CPD-FI3R team including recruitment, compensation, performance management, coaching and development. Where matrix reporting is in place, work jointly with the country 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 so that the highest standards of integrity and ethical conduct are exhibited at all times.
Knowledge, Skills, Experience & Qualifications
Qualifications and Skills:
- Strong, engaged manager and leader. Ability to motivate team performance through a people centred approach to management. Coaching, mentoring and leadership skills.
- Strong capacity for innovation and a demonstrated ability to challenge the status quo and drive new areas of business and policy.
- Deep understanding of climate-related investment and policy in one or more of the relevant sectors. It is not expected that the Director should have deep expertise across all sectors covered by the CPD-FI3R team but she/he must have the requisite technical understanding to be able credibly to lead across the full spectrum of the team’s activities.
- Strong organisational and management skills. Ability to manage a number of varied and complex tasks, resilient attitude towards conflicting priorities and challenges.
- Highly developed communication and negotiation skills suited for a wide variety of people at high level both inside and outside the Bank.
- Ability to listen to the views of business partners and to be sensitive to and understand cultural differences, transition success factors and the complexity of political constraints in the countries of operations.
- Ability to build effective working relationships with clients and colleagues in a multicultural environment.
- Excellent written and oral communication skills in English.
Experience and Knowledge:
- Significant number of years of relevant industry experience at a major merchant/investment, commercial or development bank, private equity firm, asset management firm or auditing/financial consulting firm operating to international standards.
- Significant knowledge of, and experience in, the financial institutions sector and one or more of climate risk and resilience, adaptation, climate governance and climate-related financial regulation.
- Substantial experience in climate-related issues including a sound understanding of international climate policy and stakeholders.
- Experience across a number of different countries and contexts, demonstrating a capacity to operate effectively in a range of environments and respond effectively to rapidly changing circumstances.
- Extensive experience of leading complex transactions through the full project life cycle.
- Proven track record of delivering both business and policy outcomes in a tough and challenging environment.
- Experience of and judgement on integrity matters.
- Demonstrated ability to manage a business and a team.
- Experience in the Bank’s region and/or fluency in a language of one or more of the Bank’s countries of operations are desirable but not essential.
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.