Purpose of Job:
The Analyst will work in the EBRD Resident Office in Ulaanbaatar with dedication to the corporate debt and Risk Sharing Framework (“RSF”) portfolio.
The Analyst role is to provide support to the monitoring and management of the corporate debt and RSF portfolio, and contributes to all phases of the project cycle, including project structuring, execution, implementation and monitoring. The Analyst may also work in originating new transactions alongside other bankers, but Analyst’s role in origination will be limited primarily to repeat transactions with portfolio clients.
The Analyst will take responsibility for the tasks assigned to them by the operation leader or more senior members of the project team, or more senior bankers, which may include undertaking comprehensive due diligence, including financial, market, integrity and EBRD policy compliance, as well as effective post-signing implementation and monitoring. Strong corporate finance and accounting knowledge is of critical importance for this position.
The Analyst carries out these tasks as part of a project team under the guidance of the operation leader or under the supervision/guidance of more senior bankers. Once the Analyst acquires the skills and competences to manage transactions independently, the Analyst will become Portfolio Operation Leader (POL) and take charge of a number of transactions as agreed with the Portfolio Manager and Head of the Resident Office.
This position is an exciting opportunity for a junior level banker interested in working in a country with an important and growing corporate debt portfolio and developing skills to manage and monitor a diverse pool of clients.
Accountabilities & Responsibilities:
Portfolio monitoring:
Under the guidance of the operation leader or a more senior banker:
o As requested by the operation leader or a Portfolio Manager, undertake assigned tasks relating to the implementation and monitoring of projects to which the Analyst is assigned as part of the project team, including compliance with project agreements and Bank procedures related to disbursement, monitoring of progress of the project and financial performance of the client, assessing evolving risk factors and monitoring and assessing covenant compliance as set in the respective project’s legal documentation;
o As requested by the operation leader or more senior member of the project team, prepare timely and comprehensive draft monitoring reports and include recommendations for corrective actions where required and ensure these corrective actions and recommendations are brought to the attention of more senior team members. The Analyst will be expected to act proactively and to display a solution oriented approach;
o As may be requested by, and under the supervision of, a TC operation leader, assist with the effective implementation and monitoring of TC assignments including communication with TC client, monitoring of TC fund usage, preparation and filing of relevant TC progress and completion reports to support the TC operation leader to meet donor reporting requirements and operational objectives.
Business Development:
Under the guidance of the operation leader or a more senior banker:
o Assist, as required, with marketing and business development efforts;
o Structuring and Execution as and if required;
o Work as a project team member on transactions, contributing to all aspects of project structuring and execution;
o Be the primary driver of the scope and quality of project due diligence, including financial, market, integrity and EBRD policy compliance;
o Prepare internal project documentation, including project approval memoranda, financial models, draft term sheets, presentations, etc. as and when required;
o 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;
o Ensure that all tasks within his/her remit are completed within the specified time frames to a high standard and in line with the policies, procedures and objectives of the Bank;
o The responsibilities of the Analyst are designed to allow the employee to progressively undertake more complex tasks and build the scope of responsibilities based on acquired experience and expertise.
Qualifications & Skills / Experience & Knowledge:
Qualifications and Skills:
o Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise.
o Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
o Strong quantitative/numerical skills are critical with the ability to interpret financial information and to design and use financial models.
o Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of credit analysis.
o Computer literacy, conversant with Microsoft Office and spreadsheet packages including financial analysis and modelling modules.
o Excellent understanding of relevant systems and processes.
o Ability to work effectively and flexibly as a team member and to deadlines and under time pressure.
o Strong interpersonal and communication skills to effectively manage client relationships.
o Excellent written and oral communication skills in English and Mongolian.
Experience & Knowledge:
o At least 2 years of relevant financial industry experience in the corporate sector from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
o Exposure to the corporate sector and relevant country experience.