Associate Manager (Donor-Co Financing)
This is a 2 year Fixed Term contract, based in London HQ.
The Bank mobilises funds from its donors to help the Bank to deliver on its transition mandate. In general, donor funds are used to address affordability constraints, reduce risks, improve market outcomes in the presence of significant externalities and increase the sustainability and transition impact of its work. The Bank’s increased focus on green economy transition and policy engagement in recent years adds to the grant and concessional finance needs.
Donor funds can comprise either non-reimbursable grants or reimbursable instruments, such as concessional and parallel loans as well as equity. Non-reimbursable grants covers both technical cooperation grants - for example, assistance in project preparation and implementation or policy engagement - or co-investment grants - for example, capital expenditure grants for investments, risk-sharing facilities, guarantees, incentives.
DCF works as a catalyst in raising and managing donor funds, working closely with other departments in the Bank, and ensuring that donor priorities are well understood in the Bank and that the Bank’s priorities are well understood by donors.
- The Associate Manager holds an important position in DCF’s Climate Team and contributes to establishing and managing effective relations with bilateral and multilateral climate donors who provide financial resources to EBRD, such as the European Union (EU), the Green Climate Fund (GCF), the Global Environment Facility (GEF) and the Climate Investment Funds (CIF).
- The Associate Manager identifies funding opportunities from bilateral and multilateral climate donors, aligns donor priorities with the Bank’s strategic initiatives, and supports project development, in close collaboration with different EBRD departments.
- Furthermore, the Associate Manager contributes to managing a portfolio of projects supported by climate donors and ensures efficient utilisation of climate donor funds, in compliance with donor and EBRD policies.
- The Associate Manager represents DCF and the Bank in selected EBRD and external committees and Boards/ technical project review groups/working groups related to donor finance initiatives and programmes in the climate and environment arena.
Accountabilities & Responsibilities
The Associate Manager in DCF will be responsible for:
- Analysing and assessing donor priorities and identifying funding opportunities from multilateral and bilateral donors.
- Establishing and maintaining donor relationships, and contributing to fundraising efforts.
- Supporting the development of funding proposals, contributing to funding negotiations with donors and facilitating the drafting and signing of contribution agreements.
- Engaging with other International Financial Institutions, international development agencies and other relevant stakeholders.
- Participating in internal and external meetings, donor coordination and board meetings, policy meetings, and similar.
- Supporting the management and implementation of a portfolio of projects and monitoring portfolio level progress against established indicators, milestones and targets.
- Ensuring effective financial management of donor funding, incl. allocating and tracking financial resources, and ensuring efficient and compliant utilisation of donor funds.
- Revising relevant donor policies and procedures and supporting teams in implementing donor policies, procedures and guidelines.
- Working with internal teams to ensure accuracy and consistency between donors’ requirements and Bank’s procedures.
- Contributing to the development of effective and persuasive communication tools on the Bank’s donor funded work, for a variety of audiences and preparation of fund and project-level donor reporting.
Knowledge, Skills, Experience & Qualifications
- Master degree in economics, finance, international development, environmental and social sciences or related discipline.
- Experience in establishing bilateral and multilateral donor relationships and fundraising on climate and environment related issues.
- Experience in managing a portfolio of donor funded activities in a multilateral/ international context on climate and environment related issues.
- Wide understanding of global developmental assistance, particularly of multilateral climate donors, such as the EU, GCF, GEF, and CIF.
- Sound experience in funds management, including financial management systems, such as SAP.
- Good communication, negotiation and problem-solving skills.
- Strong process management skills, including ability to work across departments.
- Good numerical and analytical skills.