Purpose of Job

The Associate Manager, EU Pillar, plays a key role in the Bank’s engagement with the EU on its flagship programmes for EBRD’s Countries of Operations that are also Member States (EU12). The focus of the role is on the implementation of the InvestEU programme (IEU) supporting both the Guarantee Fund operations, and the Advisory Hub operations..

The role reports to the Associate Director, EU Donor Funds, EU Pillar and works closely with all colleagues in the EU Pillar, Donor Partnerships, the wider Client Services Group, and other Departments. The role reports to the Associate Director, EU Donor Funds, EU Pillar and works closely with all colleagues in the EU Pillar, Donor Partnerships, the wider Client Services Group, and other Departments.

The EU is a key strategic partner for EBRD. In addition to being a shareholder, it is by far the largest donor and contributed a third of all grant resources received by the Bank since its inception. Fostering close and productive relationships with the EU has been a core aim of the Bank for many years.

The EU Pillar in Donor Partnerships is responsible for leading and developing the design of new products for EU co-financing and advisory services, as well as leveraging and managing EU funding from a range of sources.

With the launch of new EU flagship guarantee programmes – the EFSD+ and Invest EU – the EU expects to significantly increase the amount of unfunded budgetary guarantees deployed through implementing partners (IFIs/ DFIs). As a result, EU guarantee volumes are expected to grow significantly for the Bank over the EC’s current 7 year budget period, which runs from 2021- 2027.

Accountabilities & Responsibilities

The Associate will play a key role in the Donor Partnerships InvestEU delivery team, working across both the Guarantee Fund and Advisory Hub workstreams. In particular, the Associate will support the Donor Partnerships team through the maintenance of a systematic approach to transaction support and information flow between, amongst others, Donor Partnerships and other EBRD departments, and between the EBRD and the EC.

InvestEU Guarantee Fund
• In partnership with AD EU Donor Funds and other colleagues, support InvestEU Coordinators and Banking staff in preparation of new transactions at all stages of the project cycle, including but not limited to supporting teams secure Policy Check and approval by the InvestEU Investment Committee.
• Prepare materials and support AD EU Donor Funds and other colleagues in management of cross-Bank engagements, anchored around fortnightly meetings and ad hoc exchanges.
• Support regular negotiations with the EC on the InvestEU Guarantee Agreement, maintaining awareness of live issues and keeping documentary records of the same.
• Support the development and refinement of relevant operational manuals, fact sheets, templates, forms and tools to facilitate successful implementation of the InvestEU programme.
InvestEU Advisory Hub Fund
• With support from AD EU Donor Funds, review and advise on applications for advisory funds, engaging with colleagues across the Bank as necessary.
• In partnership with InvestEU Coordinators, track and monitor deployment of advisory funds across countries and sectors.
Reporting platform
• Compile and process reporting data for Advisory and Guarantee in requisite formats, liaising with relevant Bank departments as necessary, including but not limited to, IT, Financial Accounting and Funds Accounting
• Monitor and manage information requests and reporting submissions on the EU Management Information System (MIS)
• In coordination with AD EU Donor Funds, and other departments, facilitate document requests from external auditors from time to time.
General
• Facilitate coordination, agenda setting, and the preparation of presentations for internal and external meetings on all matters relating to the InvestEU programme, reacting flexibly to new developments.
• In partnership with AD EU Donor Funds, develop and foster the network of contacts at an operational level with key interlocutors in Brussels and across the Bank on EU related matters.

Knowledge, Skills, Experience & Qualifications

• Bachelor’s degree. Master’s degree preferred or equivalent experience in the relevant areas of expertise (such as business administration, international relations, economics or finance). CFA is desirable.
• Relevant financial industry experience from an international financial institution, in other international organisations, or in the private sector.
• Thorough understanding of the Bank’s business model, strategies, policies and organisation.
• Knowledge of and strong interest in the functioning of the EU institutions.
• Proven strong analytical skills are critical with the ability to summarise data and information.
• Computer literacy, conversant with Microsoft Office.
• Ability to work effectively as a team member, to deadlines and under time pressure.
• Excellent written and oral communication skills in English. Additional languages desirable.

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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