Purpose of Job

The Associate for Impact Methodology & Blended Finance is part of the Impact department and plays a role in implementing the Bank’s mandate to promote transition in the EBRD’s countries of operations (COOs). Working in close cooperation with Donor Partnerships and the Banking Department, the Associate is responsible for contributing to the improvements and implementation of the methodology for impact assessment and monitoring of activities supported by donor funds, including the necessary systems and processes, and coordinates the team’s input to the weekly governance and approval process of such activities. In coordination with the other team members in the Impact department, the post holder assists in running an integrated system of ex-ante assessment, monitoring, self-evaluation and knowledge management to maximise the impact of the Bank’s activities and ensure a compelling and credible communication of that impact, including to donors.

Accountabilities & Responsibilities

• Drives the development of an improved methodology for assessment and monitoring of donor funded activities, used for capacity building or policy engagements, consistent with the one used for investment activities.
• Co-ordinates Impact’s input to the approval process for TCs (“Grant Review”), with a focus on the impact and results of TCs and ensuring consistent application of the methodology, that results matrices meet Bank’s requirements, and liaising with Donor Partnerships on compliance with donor indicators (if any).
• Supports sector impact economists in reviewing investment proposals as part of the investment approval process (OpsCom/SBIC), including the assessment on whether transactional TCs are critical for supporting the transition impact objectives for de-risking the transaction, helping with their prioritisation.
• In collaboration with Donor Partnerships, contributes to a close collaboration with the IT and Data Management on system improvements, including new functionalities and automation, to ensure development of efficient and effective systems and processes for impact and results assessment of donor funded activities (e.g. TCs and other concessional products) during approval process, as well as their monitoring and reporting ex-post.
• Develops and disseminates the necessary guidance on the best practices in results frameworks for donor funded activities, including “Integrated Results Matrix”, and delivery of training on their application across the Bank.
• Supports discussions with donors on issues related to overall results frameworks and indicators, such as ensuring fit with and compliance to the EBRD’s results architecture and Compendium of Indicators, (while the latter reflects in Donor Funds Library indicators or proxies), thus helping in ensuring quality donor reporting for all donor funded activities.
• Assists in coordination with Donor Partnerships, improvements in reporting of donor funded activities, including policy level results, through the Impact report and a dedicated portal on EBRD website (and Policy Platform), to facilitate a compelling and credible communication of impact to all stakeholders.
• In collaboration with Donor Partnerships, contributes to ensure quality donor reporting, providing results and aggregated data from systems for TC activities.
• Provides ad-hoc support to the Director, Deputy Director and Associate Director, as required.

Knowledge, Skills, Experience & Qualifications

• A postgraduate degree in economics or related field from a leading university.
• Demonstrated sector knowledge and work gained through full-time employment in a relevant governmental institution, consultancy, think tank, international organisation or academia.
• Proven and strong analytical and quantitative skills, including knowledge of Excel. Experience with other database/analytical software and information providers (e.g. Bloomberg, World Bank WDI, etc) would be an advantage.
• Experience with and knowledge of results-based management approaches and systems is an advantage.
• Excellent written and oral communication skills in English at the standard required for a professional publication, official documents and official representation.
• Knowledge of an additional language, which is spoken in EBRD countries of operation, is an advantage.
• Ability to communicate well at all levels and operate sensitively in multicultural environments and build effective working relations with internal/external clients and colleagues.
• A positive attitude to problem solving, identifying solutions and finding ways to overcome obstacles, if need be through compromise and consensus building.
• Keen interest and experience in working on development challenges; familiarity with the EBRD countries of operations and work or study experience in the region is helpful.

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.