At a Glance
- Tasks: Support the EU Donor team with compliance processes and communication materials.
- Company: Join EBRD, a pioneering international organisation making a real difference in development finance.
- Benefits: Enjoy a hybrid workplace, competitive benefits, and a culture that prioritises wellbeing and inclusivity.
- Why this job: Be part of a diverse team, engage with experts, and contribute to impactful projects.
- Qualifications: Master's degree in economics or finance; experience with EU institutions and development financing required.
- Other info: Candidates from all backgrounds are encouraged to apply for this inclusive opportunity.
The predicted salary is between 30000 - 42000 £ per year.
Purpose of Job
The Associate will play a central role in supporting the EU Donor team. Reporting to the Associate Director, Head EU Donor Funds, the incumbent will manage important compliance processes, and communication materials, related to EU Grants and Guarantees.
The role encompasses several cross-cutting operational responsibilities for compliance processes such as: the EBRD Pillar Assessment, and the EU Management Declaration. The post will also assist with the completion of operational manuals for EU-supported guarantees, as well as acting as the liaison with the EBRD teams focussed on operational improvements in EBRD systems. Further, the post will be responsible for developing processes and training materials on EU systems, such as OPSYS. Lastly, the post will also develop and maintain communication materials and presentations related to EU grants and guarantees.
This position demands a strong understanding of EU institutions, financial instruments, and development financing. A collaborative approach to engaging with internal teams, and EU counterparts.
Accountabilities & Responsibilities
• Conduct the Management Declaration, an annual compliance check required by the EU.
• Redesign and expand the checks which are conducted as part of the Management Declaration, together will relevant colleagues.
• Assist in the production of compliance manuals fact sheets, templates, forms and tools for relevant EC processes, including the unfunded guarantees.
• Work with colleagues to identify any weak points in the Bank\’s EU compliance processes, and establish how best to address them.
• Oversee, and assist with, the audits and verifications conducted by EU-contracted consultants, and the European Court of Auditors.
• Oversee a fresh Pillar Assessment of EBRD by consultants working to the ToR developed by the European Commission.
• Represent the DP/EU team in internal committees and meetings concerning the improvement of EBRD\’s IT and management systems.
• Work with DP/EU fund managers, and other colleagues, to develop presentations on the results delivered by EU-supported projects.
Knowledge, Skills, Experience & Qualifications
• Master\’s degree in economics, finance, business administration or related discipline;
• Relevant work experience in a private commercial bank or development finance institution, particularly in the area of unfunded financial instruments such as guarantees.
• Demonstrable understanding of international development policy and practice, with extensive experience working with donors – especially the European Union.
• Thorough understanding of the Bank\’s business model, strategies, policies and organisation.
• Detailed knowledge and/or strong interest in the functioning of the EU institutions.
• Proven strong analytical and numerical skills are critical with the ability to interpret, summarise and present data and information effectively.
• Ability to work effectively as a team member, to deadlines and under time pressure.
• Excellent written and oral communication skills in English.
What is it like to work at the EBRD? / About 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.
At EBRD, our Values – Inclusiveness, Innovation, Trust, and Responsibility – are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.
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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
- A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
- A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.
Diversity is one of the Bank\’s core values which are at the heart of everything it does. 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, gender identity, sexual orientation, age, socio-economic background or disability.
Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).
Job Segment: Bank, Banking, Sustainability, Finance, Energy
Associate, EU Partnerships employer: European Bank for Reconstruction and Development
Contact Detail:
European Bank for Reconstruction and Development Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, EU Partnerships
✨Tip Number 1
Familiarise yourself with the EU's compliance processes and financial instruments, especially those related to grants and guarantees. Understanding these will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals who have experience in EU partnerships or development finance. Engaging with them can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to compliance processes or operational improvements in previous roles. This will showcase your relevant experience and problem-solving skills, which are crucial for this position.
✨Tip Number 4
Stay updated on current trends and changes within EU institutions and development financing. Being knowledgeable about recent developments will allow you to engage in meaningful conversations during interviews and show that you're proactive.
We think you need these skills to ace Associate, EU Partnerships
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Associate position. Familiarise yourself with EU institutions, financial instruments, and development financing to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant work experience in private commercial banks or development finance institutions, particularly with unfunded financial instruments like guarantees. Use specific examples to demonstrate your expertise.
Showcase Analytical Skills: Given the importance of strong analytical and numerical skills for this role, include examples of how you've successfully interpreted, summarised, and presented data in previous positions. This will help illustrate your capability to handle the job's demands.
Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the position but also reflect your understanding of the EBRD's values and culture. Discuss how your personal values align with inclusiveness, innovation, trust, and responsibility, and how you can contribute to their mission.
How to prepare for a job interview at European Bank for Reconstruction and Development
✨Understand EU Institutions
Make sure you have a solid grasp of how EU institutions operate. Familiarise yourself with their roles, especially in relation to financial instruments and development financing. This knowledge will help you demonstrate your understanding during the interview.
✨Showcase Analytical Skills
Prepare to discuss examples where you've used strong analytical and numerical skills. Be ready to explain how you interpret and present data effectively, as this is crucial for the role.
✨Emphasise Team Collaboration
Highlight your ability to work collaboratively with internal teams and external counterparts. Share specific instances where you've successfully worked in a team to achieve a common goal, as this aligns with the company's values.
✨Prepare Compliance Knowledge
Brush up on compliance processes related to EU grants and guarantees. Be prepared to discuss your experience with audits, verifications, and compliance checks, as these are key responsibilities of the role.