Associate Director Capital and Financial Markets Development

The Associate Director is a member of the CFMD team and will support the Director, CFMD in aspects of the development of financial and capital markets in the EBRD COOs including the provision of transaction support, engagement in policy dialogue, and capacity building.  The role entails strategic coordination with Associate Directors responsible for the CFMD Team’s other pillars as well as many of the departments of the Bank including Banking, Treasury, Office of the Chief Economist, Office of the General Counsel, Risk, and other Policy teams as well as external engagement with a wide range of market participants including in other IFIs, Government Agencies, central banks, exchanges, depositories and settlement institutions, regulators, and supervisors, institutional investors and other market participants.

Accountabilities & Responsibilities:

Policy dialogue:

• Supporting in the design of policy dialogue with relevant stakeholders to promote capital markets and financial sector development with a view to developing long-term relationships and becoming a trusted adviser;
• Keeping a record of recommendations arising from the country needs assessments, working with Director, CFMD to establish appropriate next steps for EBRD’s contribution to financial market  development in specific countries;
• Identify areas of improvement for more efficient and sustainable financial and capital market systems;
• Support the Director, CFMD on the coordination of development activities in line with comparative advantages in relation to the relevant stakeholders;
• Represent the Bank in international policy forums and initiatives when appropriate.

Transaction design and support:

• Assisting the Director, CFMD in guiding the EBRD’s Banking and Treasury departments towards development opportunities, based on agreed country-level market development priorities including ensuring that transactions are aligned with relevant policy recommendations;
• Support product innovation by assisting the EBRD’s Banking colleagues in designing specific banking transactions with the capital market, financial sector, and local currency relevance to maximize the impact of EBRD investments;
• Liaise with EBRD’s Treasury Department to strengthen synergies between CFMD activities and EBRD’s own treasury operations;
• Supporting the design and coordination of  TC projects with internal and external counterparts to support reforms or specific transactions in the financial sector or capital markets.

Leadership and management, capacity building, and communications:

• Participate in organization of conferences, workshops, and seminars on specific topics relating to the Bank’s CFMD strategy to enhance internal and external knowledge of the topic;
• Support Director, CFMD in representing EBRD in high-level policy-making bodies and coordinate the capital/financial market and policy activities with the other IFIs;
• Supporting the preparation of strategies, policies, and diagnostic tools across the various EBRD activities, countries, and sectors, and managing the Bank’s involvement in the multi-stakeholder processes involving other IFIs and financial institutions, continuously develop EBRD’s ability to deliver under its mandate;
• Responsible for the engagement and effective overall management of a small team, including recruitment (as agreed with the Head of Department, if applicable), performance management, coaching and development;
• Champion and role model the Bank’s Behavioral Competencies and Corporate Behaviors, ensuring adherence within the team(s) to the highest standards of integrity and ethical conduct at all times.

Research and analytical work:

• Prepare, review, and oversee the production of high-quality analytical reports and policy notes that adequately analyze/reflect financial market development issues with particular emphasis on the areas of their team’s expertise.

Qualifications & Skills Experience & Knowledge:

Academic qualifications:

• Degree in Finance, Economics, Accounting, and related fields or relevant professional experience.

Experience:

• Hands-on experience working with a wide range of financial and or capital market products, including debt, equity, and derivatives, or designing related legislative or legal reforms;
• Experience in local currency and capital market product design including funding and hedging and derivative market development;
• Knowledge of the various market and or policy participants in the global capital financial markets and emerging markets in particular;
• Experience working with fragile financial systems including during crises;
• Knowledge of how the design and implementation of national policies are carried out to ensure  financial stability or financial and capital markets development and or supervising financial and capital market institutions;
• Proven project management experience, preferably related to financial sector development in transition economies;
• Proven ability to work across organizational boundaries and operate effectively in a multi-cultural work environment;
• Line management experience in managing small teams.

Technical skills:

• Knowledge of the mechanics and issues related to capital/financial market development across a wide range of products and market segments;
• Strong communication skills, both oral and in writing in English and, preferably in one or more languages of EBRD’s countries of operations; must be able to explain complex technical issues effectively; previous experience producing policy documents, assessment reports, and thematic reports in International Financial Institutions, think tanks, consultancy firms or other organizations having a development mandate is highly desirable;
• Ability to establish relationships with  relevant internal and external stakeholders;
• Ability to design, manage, and execute technical cooperation projects, including preparation of budget and management of consultants and their work;
• Organizational skills:  must be able to lead multiple and wide-ranging tasks concurrently; ability to deliver quality outputs with tight deadlines; prior experience organizing high-level conferences, seminars, and workshops would be a plus.

Source: https://jobs.ebrd.com/job/London-Associate-Director,-Capital-and-Financial-Markets-Development/1121499701/