The European Bank for Reconstruction and Development (EBRD) is currently seeking a Principal Banker
About the job
This Principal Banker role is based in the Lagos Nigeria RO, working within the Financial Institutions Middle East and Africa (MEA) team. The role will be focused primarily on operations in Nigeria, but may also be involved in the wider region.
The FI MEA Team’s coverage is as follows:
- Clients: Banks, non-bank financial institutions, including microfinance institutions, leasing companies, fintechs, and others.
- Products: all forms of debt, including senior, subordinated and hybrid; DCM operations, including green and sustainability bonds; guarantee programmes; EBRD’s Trade Facilitation Programme; and direct equity investments in both banks and non-bank financial institutions.
- Countries: the FI MEA team operates in Egypt, Morocco, Tunisia, Jordan, Lebanon, West Bank & Gaza, Nigeria, Kenya, Benin, Cote d’Ivoire, Senegal and Ghana.
The Principal Banker is competent in undertaking all tasks related to, and understands all aspects of, project development and implementation, including project origination, structuring, execution, implementation and monitoring, for all types of investment instruments offered by the Bank.
The Principal Banker will act both as a senior member of a project team or as an Operation Leader.
The Principal Banker, in their role as an Operation Leader, is expected to take responsibility for effective leadership of their project team/s, supervision of junior banking staff, while contributing to their coaching and providing mentoring assistance, as required.
The Principal Banker’s role also includes elements of business/pipeline development, client management and policy dialogue.
Responsibilities
1. Structuring and Execution
• Work as a senior project team member with more experienced Operation Leaders on complex transactions, contributing to all aspects of project structuring and execution, including supporting the Operation Leader with the management of the project team
2. Portfolio Monitoring, Value Creation and Reporting
3. Policy Dialogue
• In cooperation with relevant units within the Bank (e.g., Policy VP, OCE) and Banking country teams (if applicable), contribute to policy dialogue, in a leading role (project level initiatives) or supporting function (national level initiatives);
• Assist in providing necessary support, in the form of relevant information or documentation or meeting participation, towards efforts to procure grants and technical cooperation funds to complement investment projects or required as part of policy dialogue efforts.
4. Business Development
• Assist with marketing and business development efforts in the relevant sector and countries to build reputable market contacts in order to develop a broad deal flow and cross selling of the Bank’s competencies;
• Assist with the critical screening of project proposal flow that is generated through business development efforts, liaising with other colleagues and teams within the Bank to identify sound and executable investments that meet the mandate of the Bank.
5. Staff Management
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.
• Strong 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.
• Computer literacy, conversant with Microsoft Office and spreadsheet packages including financial analysis and modelling modules.
• Excellent understanding of relevant systems and processes.
• Stakeholder management skills.
• Coaching, mentoring & leadership skills.
• Relationship management and negotiation skills.
• Ability to work to deadlines and under time pressure.
• Excellent written and oral communication skills in English.
• Good command over the local/country language is an advantage.