This Position is only available to Japanese Nationals
Purpose of Job
The Intern will contribute to all phases of the project cycle, including project origination, structuring, execution, implementation, and monitoring. The Intern will take responsibility for the tasks assigned by the operation leader or more senior members of the project team, which may include undertaking comprehensive due diligence, including financial, and EBRD policy compliance, as well as effective post-signing implementation and monitoring. The Intern 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.
The Energy Europe team, part of the EBRD’s SIG covers the activities in the energy sector in the Baltic States, Central Europe, South- Eastern Europe, and Western Balkans. Activities covered include investing (debt and equity) in power generation projects, predominantly in renewable energy, electricity transmission and distribution projects, under the applicable EBRD Energy Sector Strategy and the Green Economy Transition Approach. The EBRD also plays a key role in advancing policy dialogue to promote green, competitive, and liberalised energy markets, with a particular focus on the development of regulatory frameworks for renewable energy through donor funded technical cooperation assistance.
Accountabilities & Responsibilities
Under the guidance of the operation leader or a more senior banker:
1. Structuring and Execution
Work as a project team member on transactions, contributing to all aspects of project structuring and execution, including comprehensive research and analysis of background materials, market information and financial performance data; analysis of financial statements, preparing and updating financial models and financial projections; 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 EBRD, clients and other stakeholders, at the operational level; Ensure that all tasks assigned to the Intern 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 Intern 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; As may be requested by, and under the supervision of, a TC operation leader, assist with the effective implementation and monitoring of TC assignments and preparation of reports to support donor reporting requirements and operational objectives; The responsibilities of the Intern are designed to allow the Intern to progressively undertake more complex tasks and build the scope of responsibilities based on acquired experience and expertise.
Knowledge, Skills, Qualifications & Experience
Relevant degree from a leading university in the country of education; Quantitative/numerical skills, with the ability to interpret financial information and to design basic financial models. Credit analysis skills, with the ability to interpret accounts, understanding international accounting principles and practice of credit analysis. Computer literacy, conversant with Microsoft Office and spreadsheet packages including financial analysis and modelling modules. Ability to work effectively to deadlines and complete tasks to a high degree of accuracy. Good teamwork spirit and working well as part of a multi-national team. Good written and verbal communication skills in English.
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 is preferable. Exposure to industry/country experience is 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).