Purpose of Job

The Analyst, EU Pillar, plays a key role in the Bank’s engagement with the EU in the Western Balkans region. The main focus of the role is to support the financial management of the European Western Balkans Joint Fund, a multi-donor fund and the main source of grant financing under the Western Balkans Investment Framework (WBIF). It is a major and growing fund with over EUR 2.7 billion in signed contributions (over 95% from the EU). The EBRD is responsible for managing, monitoring and reporting on the financial flows to WBIF governance bodies. The WBIF is a joint initiative of the EU, financial institutions, bilateral donors and beneficiaries, which coordinates and finances priority investments for the socio-economic development of the region.

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

Accountabilities & Responsibilities

The Analyst will take responsibility for the following tasks in partnership with the Principal Manager II and other colleagues in the EU Partnerships team dedicated to the Western Balkans region:

• In EBRD’s capacity as Fund Manager of the European Western Balkans Joint Fund, support the day-to-day financial management of the Fund including to request payments and process transfers of funds to other IFIs responsible for implementing approved WBIF grants;
• Where EBRD is implementing WBIF grants, support internal teams on matters related to earmarks, bank accounts and other fund management tasks in SAP;
• Support the implementation of the Western Balkans grant portfolio, including to prepare materials for WBIF governance meetings with the EC and other external stakeholders;
• Process financial queries and reconcile data for EU funds contracted with EU Delegations/Offices in the Western Balkans;
• Assist with the preparation of contribution agreements/amendments, secure sign off and circulate to internal and external counterparts;
• Monitor and manage information requests and contribute to reporting submissions. Compile and process reporting data.
• Facilitate document requests during monitoring visits/external audits from time to time.

Knowledge, Skills, Experience & Qualifications

• Master’s degree preferred. Experience in the relevant areas of expertise (such as business administration, international relations, development, economics or finance) and/or 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.

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).