Associate Banker - Tenders Global

Associate Banker

European Bank for Reconstruction and Development

tendersglobal.net

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Description

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The Associate Banker is based in the EBRD’s resident office in Tunis, Tunisia and is dedicated to working in the energy sector, which delivers the Bank’s mandate in the electricity and midstream/downstream gas sectors in Tunisia. The team is responsible for debt and equity investments predominantly in renewable power generation projects as well as gas and electricity storage, transmission, and distribution projects.  The team plays a key role in advancing policy dialogue to promote green, competitive, and liberalised energy markets, with a particular focus on the development of regulatory frameworks to support increased penetration of renewable energy.

The Associate Banker contributes to all phases of the project cycle, including project origination, structuring, execution, and implementation and monitoring. The Associate Banker will take responsibility for those tasks assigned to them by the operation leader, which may include undertaking comprehensive due diligence, including financial, market, integrity and EBRD policy compliance, as well as effective post-signing implementation and monitoring. The Associate Banker carries out these tasks as part of a project team under the guidance of an operation leader or under the supervision/guidance of more senior bankers or the Regional Head for Energy.

The Associate Banker role may also include elements of business/pipeline development, client management and policy dialogue. In particular the Associate Banker will be actively involved in the following tasks:

  • Supporting the implementation and monitoring of existing projects in Tunisia including the energy public sector portfolio;
  • Maintain the relationship with clients and key stakeholders in the sector in Tunisia, including the authorities, private operators, and other international organisations;
  • Coordinate technical cooperation assignments with the authorities; and
  • Contribute to coordinating due diligence visits, financial modelling and drafting or approval documents for new projects.
Accountabilities & Responsibilities:
Under the guidance of the operation leader and the Regional Head for Energy:
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 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.
  • 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.
Qualifications & Skills / Experience & Knowledge:
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 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 and French.
  • Good command of Arabic is an advantage.
Experience & Knowledge:
  • 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.
  • Good understanding of the energy sector including renewable energy and sector dynamics and trends in Tunisia.
  • Experience in project finance and / or climate finance.

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