Requisition ID | 34026 |
Office Country | Uzbekistan |
Office City | Tashkent |
Division | Banking Countries of Operations |
Contract Type | Regular |
Contract Length | |
Posting End Date | 06/11/2023 |
Tashkent Resident Office is looking to hire an Analyst to assist with managing private corporate debt portfolio in Uzbekistan, contributing to the effective implementation and monitoring of the Bank’s projects.
The Analyst will initially support other more senior bankers to manage their portfolio of projects under the guidance and supervision of the Regional Portfolio Associate Director (PAD) and/or the SME Finance & Development Regional Head (SME RH).
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 PAD. 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 focus of the Analyst may change according to business needs and as directed by the Director, Head of Tashkent RO.
This position is an exciting opportunity for a junior 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.
Purpose of Job:
The Analyst contributes to all phases of the project cycle, including project origination, structuring, execution, implementation and monitoring.
The Analyst will take responsibility for the tasks assigned to him/her 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.
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.
Accountabilities & Responsibilities:
Under the guidance of the PAD, the operation leader or a more senior banker:
1. Structuring and Execution
• Work as a project team member on transactions, contributing to day-to-day implementation and monitoring of all projects to which the Analyst is assigned to, including compliance with project agreements and Bank procedures related to disbursement; monitoring of progress of the project implementation and financial performance of the client; assessing evolving risk factors and monitoring and assessing covenant compliance, as well as analysing financial statements, preparing and updating financial models and financial projections;
• Detect and resolve early signs of distress through proactive client engagement, planning and executing client visits and reporting promptly on potential breaches or issues. The Analyst may participate in or lead restructurings of portfolio transactions;
• Prepare timely and comprehensive monitoring reports and include recommendations for corrective actions where required and ensure these proposed corrective actions and recommendations are brought to the attention of more senior team members; perform timely processing of waivers, amendments and consents and conduct self-evaluation of projects and provide feedback to origination teams.
• Assist with the designing and processing of technical co-operation assistance, including preparation of terms of reference and internal approval documentation, to support the related investment project or the related policy dialogue initiative;
• As may be requested, assist with communication with other internal units of the Bank, clients and other stakeholders, at the operational level, such as preparing draft correspondence, presentations, and following up on internal emails;
• Ensure that all tasks assigned to the Analyst are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Bank.
2. Portfolio Monitoring, Value Creation and Reporting
• 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 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;
• 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.
The responsibilities of the Analyst are designed to allow the Analyst 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:
• Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise.
• Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
• Quantitative/numerical skills are critical with the ability to interpret financial information and to design and use financial models.
• Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of credit analysis.
• Advanced financial modelling skills and ability to build and review financial models are core qualification requirements for this position.
• Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
• Good understanding of relevant systems and processes.
• Ability to work effectively as a team member and to deadlines and under time pressure.
• Good written and oral communication skills in English and Uzbek.
• Good command over Russian language is an advantage.
Experience & Knowledge:
• Relevant financial industry experience from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
• Exposure to industry/country experience.
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:
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.