Principal (Green Economic Transition)

European Bank for Reconstruction and Development (EBRD)

London, , GB

The Role

 

Since 2006, the EBRD has signed over €34 billion in green investments, financed over 2000 green projects and reduced over 100 million tonnes of GHG each year. The Bank is working successfully towards achieving its ambitious Green Economic Transition (GET) target – to raise the proportion of its green finance to 40 per cent of annual new business by 2020 (from about 25 per cent in 2015). The 2019 result was about 46 per cent, making this the Bank’s “greenest” year ever.

 

The main goal of the Energy Efficiency & Climate Change (EECC) team is to mainstream the GET by promoting sustainable energy and resource efficiency investments (which is investments in climate change mitigation and adaptation, renewable energy, energy efficiency, water efficiency, materials efficiency and waste minimisation) throughout the Bank’s operations. 

 

The role of the Direct Finance Unit team is to support direct financing for the corporate sector (particularly in industry, agribusiness, real estate, energy, logistics), the generation of new investment projects, technical cooperation (TC) activities, selected policy dialogue assignments in the EBRD countries of operations and new business development in support of GET implementation.

 

The Principal supports and expands the activities of the Bank in the area of climate change, resource efficiency technologies and related investments, through the identification and the development of dedicated projects and project components, innovative financing schemes and new partnerships and initiatives.

 

Reporting to the Direct Finance Unit Lead, the Principal contributes to direct investment projects in the corporate sector, dedicated policy dialogue and capacity building activities, specifically providing technical/business expertise in the definition and execution of such activities within the banking life cycle.

 

The Principal will be required to travel to clients’ operations across the EBRD’s region. Their role will also include support to business/pipeline development, client management, policy dialogue, and implementation of dedicated donor funded programmes.

 

Accountabilities & Responsibilities

 

  • Work as a team member at project level to identify investment opportunities for climate and sustainable resource technologies (energy efficiency, water efficiency, materials efficiency, waste minimisation, circular economy), contributing to all aspects of project structuring and execution, including supporting the operation leader. 
  • Under the direction of the Direct Finance Unit Lead, support banking teams with marketing and business development efforts in the relevant sectors and countries to build reputable market contacts and contribute to the creation of a broad deal flow.
  • Under the supervision of the Direct Finance Unit Lead and other senior members of the E2C2 team, lead the identification and structuring of capital investment appraisals of sustainable resource investments and review the associated implementation and operational risks.
  • Contribute to the structuring and management of outsourced assignments for technical and policy services to clients. These will include project preparation, sustainable resource audits and policy advice.
  • Under the direction of the Direct Finance Unit Lead, contribute to the related transaction due diligence processes ensuring they meet the Bank’s standards. This will also include support in monitoring project implementation with respect to the sustainable resource initiative components.
  • In cooperation with relevant units within the Bank, support selected policy dialogue projects and contribute to policy dialogue activities in a lead and/or contributing role and/or support function with local authorities and industry associations, to improve the investment climate and strengthen the EBRD impact in the area of sustainable resources.
  • Support the provision of relevant information or documentation, towards efforts to procure grants and technical cooperation funds to complement investment projects or required as part of policy dialogue effort.

Knowledge, Skills, Experience & Qualifications

  • Relevant degree (minimum Master Level) in a technical, engineering or science discipline, (e.g. process/chemical/mechanical/electrical/environment engineering; ecology, chemistry, physics and comparable degrees). A combination of technical and commercial skills is advantageous.
  • Significant technical and commercial work experience gained from: i) an engineering and/or consultancy organisation; or ii) a company operating in the energy, chemical, construction, or manufacturing sectors; or iii) a bank, equity fund, advisory services, corporate finance firm; within a period of 5-10 years and demonstrable track record of successful project development/deployment.
  • Knowledge and experience with energy/resource efficiency technologies and practices with a very strong awareness and interest in the related issues (energy efficiency, water efficiency, waste management, process optimisation, materials efficiency, circular economy and operation of commercial assets etc.).
  • Experience in managing consultants and related assignments.
  • Sound understanding of business and finance principles (including notions of corporate credit analysis).
  • Good understanding of policy analysis and policy formulation in the areas of climate change, resource efficiency, energy efficiency, technology transfer and energy.
  • Experience in emerging markets, specifically the EBRD region.
  • Computer literacy and excellent written/oral communication skills in English are essential. Knowledge of French, or Russian, or Arabic are of significant advantage.
  • 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 and confidence in handling senior stakeholders.
  • The ability to tackle issues and problems in a logical and practical manner.

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.


POSITION TYPE

ORGANIZATION TYPE

EXPERIENCE-LEVEL

DEGREE REQUIRED