European Bank for Reconstruction & Development
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Company presentation
The European Bank for Reconstruction and Development was founded in 1991 when communism was crumbling in Europe and ex-Soviet countries needed support to nurture a new private sector and democracy. Today we invest to help build market economies from central Europe to central Asia and the southern and eastern Mediterranean. We are now the largest single investor in our region. Owned by 69 countries and two intergovernmental institutions, we provide project financing for banks, industries and businesses. We also work with publicly owned companies to support privatisation, restructure state-owned firms and improve municipal services. Wherever we are active, we promote policies that bolster the business climate.
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Job description
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Purpose of Job
Under the supervision of bankers in the Data, Analytics and Strategy team in Banking Portfolio.
Accountabilities and Responsibilities
The intern will support the transaction-related process in:
• Financial analysis of companies and projects
• Analysis and evaluation of potential credit risks related to the proposed or existing projects
Data gathering, research, analysis and provision of background information on companies, industries and macroeconomic environment
• Administrative and analytical support in specific areas of project monitoring, particularly related to covenants, PD scoring reviews and financial ratio analysis
• Reviewing and interpreting financial statements of clients and other counterparties
• Working with large data sets, database generated reports and analyses
• Participation in internal and external meetings where appropriate
Knowledge, Skills, Experience and Qualifications
• Proven analytical skills demonstrated by practical examples
• Strong numerical literacy
• Ability to conduct basic financial analysis of companies (understand and analyse the balance sheet, income statement of financial companies etc.)
• Excellent knowledge of particularly Excel and other MS office applications including database software
• Very good written (report writing, correspondence) and verbal communication skills in English.
• Ability to speak additional languages, particularly from the countries where the Bank operates, will be considered a plus
• Bachelor’s degree in management, finance, economics and engineering. The candidate may be currently working towards a Master’s degree
• Candidates must be a national of one of our member countries, have a good knowledge of both spoken and written English.
• Prior work experience will be valued
• Quantitative/numerical skills are critical with the ability to interpret financial information and accounting rules
• Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles
• Ability to read, understand and interpret legal documentation related to financial transactions will be required.
• Computer literacy, conversant with Microsoft Office and spreadsheet packages including financial analysis and modelling modules.
Interns are remunerated according to their level of education and work experience, but are not entitled to staff benefits (including any accommodation).
What is it like to work at the EBRD?
Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people’s lives and help shape the future of the regions we invest in.
The EBRD environment provides you with:
- Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
- A working culture that embraces inclusion and celebrates diversity;
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
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 and expecting our employee to attend the office 50% of their working time.
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More details
Working hours (%): 80-100%
80-100%
Type of contract: Internship
Duration: 3 years
Macro-area: Western and Central Europe without Switzerland
Level of experience: Entry level, less than 1 year
Area of work Definition: Banking and Finance
Type of organisation: Multilateral Organisations
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