There will be two internships on offer

Purpose of Job

The Intern will help project teams to integrate the Bank’s Green Economy Transition (GET) approach into Banking operations. Reporting to a Principal/ Associate Director in the Green Financial Systems team of the Climate Strategy and Delivery Business Group, the role includes taking on responsibility for effective leadership of GET delivery via financial institutions, including Paris Alignment and Climate Corporate Governance at the transaction level and all aspects of monitoring, reporting and verification (MRV), technical cooperation management, policy dialogue activities and capacity building. As such, the Intern may be involved in all tasks related to EBRD project life cycle development and implementation, including project origination, structuring, execution, monitoring, technical cooperation and donor financing. As needed, the Intern will support other special projects related to greening the financial system.

The EBRD, created 30 years ago to help formerly communist economies adapt to market conditions, works in many countries that face the toughest challenges in reducing carbon emissions, or are vulnerable to the effects of climate change.

Designing a way out of economies built around fossil fuels within the next three decades will require intensive planning, including in securing the social conditions for a sustainable and just transition. The EBRD will significantly scale up policy advice and institutional capacity building for low carbon and climate resilient strategies, promoting and supporting ambitious action in, and with, its countries of operations. This builds on the EBRD’s long track record of financing green investments. To date, the EBRD has signed close to €49 billion in green investments and financed over 2,600 green projects, which are expected to reduce in excess of 110 million tonnes of carbon emissions yearly.

A clear commitment to the goals of the Paris Agreement, whether by country or company, creates the enabling environment to unleash innovation and investment, creating high quality jobs, opening new markets, diversifying economies, creating cleaner, more liveable communities, and boosting sustainable growth. The goal of the EBRD is to support its countries of operation in creating that environment, and assist innovators and investors in realising those goals.

Accoutabilities and Responsibilities

• Support identification and structuring of Green Economy Transition components for EBRD investments, including the associated implementation and operational risks.
• Work as a supporting project team member to develop new green financial products and contribute to all aspects of project structuring and execution, including implementing and monitoring.
• Support marketing and business development efforts in the relevant sector and countries to build reputable market contacts to develop deal flow and cross selling of the Bank’s competencies.
• Support related due diligence processes ensuring they meet the Bank’s standards.
• Structure and help manage outsourced assignments for technical and policy services to clients. These will include project preparation and policy advice, as well as the monitoring and verification of financial institutions’ use of proceeds.
• In cooperation with relevant units within the Bank, support selected policy dialogue projects and contribute to policy dialogue activities in a leading role or support function with local authorities and industry associations to improve the investment climate and strengthen the EBRD impact in the area of green economy transition.
• Provide necessary support, in the form of relevant information or documentation for meetings, efforts to procure grants and technical cooperation funds, or as part of policy dialogue efforts.

Knowledge, Skills, Experience & Qualifications

• Degree, preferably in a technical discipline (e.g. engineering or economics) or a combination of commercial and technical skills.
• Knowledge and/or experience with green finance initiatives and the financial institutions’ sector.
• Good understanding of policy analysis and policy formulation in the areas of climate change, resource efficiency, energy efficiency and technology transfer.
• Sound understanding of business and finance principles.
• Knowledge and/or experience in emerging markets, including EBRD countries of operations.
• Knowledge and/or experience in: i) engineering and/or consultancy companies’ operations; or ii) companies operating in the energy, chemical or manufacturing sectors; or iii) a bank, equity fund, advisory services, corporate finance firm; track record of successful project development is advantageous.
• Computer literacy and excellent written/oral communication skills in English are essential; other languages from the EBRD region are advantageous
• Ability to operate consistently within business guidelines and ethics and work sensitively in multicultural environments, building effective working relations with clients and colleagues.
• Self-motivated, ability to work to and meet tight deadlines and to plan and organise work unsupervised in a logical and efficient manner.
• Ability to communicate appropriate, concise and accurate information in verbal and written formats, appropriate to the audience at the time.

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.