Associate Economist Blended Finance - London, United Kingdom - European Bank for Reconstruction and Development

European Bank for Reconstruction and Development

Verified Company

London, United Kingdom

4 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Requisition ID Office Country- United Kingdom- Office City- London- Division- Policy and Partnerships- Contract Type- Short Term- Contract Length- 12 months- Posting End Date- 31/03/2023
Purpose of Job

Specifically the appointed person is responsible for, inter alia, assessing the use of concessional finance in EBRD projects on behalf of the Bank, assessing the overall impact of transactions affected with a blended finance component, maintaining and updating data relevant for concessional finance, assisting in relevant internal processes related to concessional finance, coordinating with internal stakeholders the use of concessional finance in projects and occasionally participating in external activities related to concessional finance.

Accountabilities and Responsibilities

Appraises the use of concessional finance in EBRD projects in line with internal EBRD guidelines and the DFI Enhanced Principles for the Use of Blended Concessional Finance in Private Sector Operations (which EBRD helped develop and of which EBRD is a signatory)
Assesses the overall impact of transactions with a blended finance component
Builds and maintains relevant datasets to inform the use of concessional finance
Supports the maintenance and updates of the EBRD internal rules for using concessional finance;
Provides expert input and prepares analytical and briefing notes and presentations related to concessional finance
Responsible for associated input related to concessional finance into management briefing for Board and other Committee meetings, including management responses to the Board and, on occasion, bespoke papers, presentations or other inputs for such Committees;
Occasionally participates or represents the Bank in external events (conferences, dialogues with IFI counterparts, government officials, think tanks, etc.) in the area of concessional finance;
Works closely with DCF colleagues on EBRD input towards the DFI Working Group on Blended Concessional Finance (Annual Report and Annual Meetings)

Knowledge, Skills, Experience & Qualifications

Sound understanding of microeconomics and impact of concessional finance in building, sustaining or distorting market based allocation across competitive sectors, network industries and banking, as well as in private and public sector operations
A good understanding of project financing and the role and different incentives provided by commercial and concessional finance; an ability to understand credit analysis of investment projects is an advantage
Experience with effectively sizing (minimising) or allocating concessional finance gained through work in either IFIs, relevant government ministries or donor agencies would be an advantage
A postgraduate degree in economics or related field from a leading university; a PhD in economics or closely related discipline is an advantage;
Proven analytical and quantitative skills, including Excel and database software. Ability to set up, maintain databases, and produce dashboards. Facility with other database/analytic software (eg Stata; MatLab, R) would be an advantage;
A proactive attitude and experience in stakeholder engagement; Good clientfacing skills and experience in communicating with stakeholders; Ability to work independently
Excellent written and oral communication skills in English;

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.

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