Intern (London, GB)

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.

Climate Risk Internship Role: The intern will assist colleagues in the climate risk team to fulfil the Bank's commitments under its climate risk procedures and methodologies, as well as to meet the team's wider objectives. This includes supporting the overhaul of the methodology, process, data collection and management of information relating to climate‑related financial risk assessment.

• 17‑month internship with a focus on the identification and assessment of climate‑related financial risk
• Supporting the work of the Climate Risk team in assessing, tracking and collecting data on climate‑related financial risks of the EBRD's existing portfolio, as well as new clients
• Collect, manage, organise and control the data used for the identification and assessment of financial impacts of climate‑related financial risk on the Bank's clients
• Assist with client‑specific research, data collection and organisation, preparing presentations, ensuring items are documented, attending meetings, keeping minutes, and performing some administrative tasks

Accountabilities and Responsibilities:

• Become familiar with Climate Risk team process documents
• Gather research on EBRD clients from publicly available sources on their own disclosures of climate risk exposure and, where relevant, specific vulnerabilities within their supply chain
• Aggregate and maintain current information and collect further information on climate‑related financial risk into an overall database to allow for better data understanding and management
• Extract relevant screening data into the format needed for the new climate risk tool
• Manage and ensure prudent control of the data collected for the EBRD's existing portfolio clients and new transactions in order to extract key trends and improve ongoing assessments of the relevant climate risk approach
• Assist with identifying and assessing existing and new clients, recording assessment outcomes and any relevant monitoring KPIs
• Under guidance of a senior team member, analyse and compile data from internal sources to develop a comprehensive database by systematically interrogating various internal files to extract relevant data
• Meticulously collect and review existing data and procedures, recalibrating quantitative assessments to ensure accuracy
• Work on a range of assigned projects, and initiatives, as a team member and taking responsibility for assigned tasks and activities
• Contribute to the continuous improvement of internal processes and procedures, including the streamlining, collection, management, and automation of data

Knowledge, Skills, Experience and Qualifications:

• Degree in data science and/or economics, engineering, or related field, or comparable professional experience
• Familiarity and some experience in control or finance as well as climate‑related financial risk is desirable
• Proven analytical research and quantitative skills, particularly advanced Excel, are critical
• Ability to gather, organise, manage, derive insights, and control data is an essential requirement
• Research and analytical skills
• Knowledge of climate risks
• Strong, effective time‑management delivery and effective organisational skills
• Good interpersonal skills and an ability to work independently and within a team
• Excellent written and spoken English
• Meticulous attention to detail with data analysis skill

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. 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 expect our employees to attend the office 50% of their working time.