Associate Banker

Requisition ID 35529 Office Country Türkiye Office City Istanbul Division Banking Countries of Operations Contract Type Regular Contract Length Posting End Date 11/05/2025

Purpose of Job:

The Associate Banker contributes to all phases of the project cycle, especially concentrating on implementation and monitoring. The Associate Banker will take responsibility for those tasks assigned to him/her by the operation leader, or more senior members of the project team, or more senior bankers, which may include undertaking comprehensive due diligence, including financial, market, integrity and EBRD policy compliance, in addition to effective post-signing implementation and monitoring. The Associate Banker carries out these tasks as part of a project team under the guidance of an operation leader or under the supervision/guidance of more senior bankers, or Associate Director, Corporates (Turkey) (“AD”) or Regional Portfolio Associate Directors (“PADs”) or the Team Director.

The Associate Banker role may also include elements of business/pipeline development, client management and policy dialogue.

Accountabilities & Responsibilities:

Under the guidance of the operation leader, a more senior banker, AD, PADs or Team Director:

1. Repeat Transaction Structuring and Execution

• Be alert about new financing opportunities with portfolio clients, and if and when such opportunities are detected, seek immediate guidance from the AD and/or PAD, who will duly inform relevant Head of RO/Sector Director/Team Director;
• Work as a project team member on new operations with portfolio clients in cooperation with the sector teams, contributing to all aspects of project structuring and execution, including working with client counterparts, consultants and other parties to progress the project;
• Be one of the primary drivers of the scope and quality of project due diligence, including financial, market, integrity and EBRD policy compliance;
• Prepare internal project documentation, including approval project memorandum, financial models, draft term sheets, presentations, etc. as and when required;
• Take responsibility, as TC operation leader, to design and process technical co-operation assistance, ensuring that TC processing and approval fits with the approval schedule of any related investment project or the related policy dialogue initiative;
• Ensure that all tasks within his/her are completed within the specified time frames to a high standard and in line with the policies, procedures and objectives of the Bank.

  2. Portfolio Monitoring and Reporting

  • Take responsibility for the implementation and monitoring of all projects to which the Associate Banker is assigned, including compliance with project agreements and Bank procedures related to disbursement; monitoring of progress of the project implementation and financial performance of the client; assessing evolving risk factors and monitoring and assessing covenant compliance;
  • Detecting and resolving early signs of distress through proactive client engagement, planning and executing client visits and reporting promptly on potential breaches or issues. The Associate Banker may participate in restructurings of portfolio transactions;
  • Prepare timely and comprehensive monitoring reports and include recommendations for corrective actions where required and ensure these proposed corrective actions and recommendations are brought to the attention of more senior team members; perform timely processing of waivers, amendments and consents and conduct self-evaluation of projects and provide feedback to origination teams;
  • As TC operation leader, ensure effective implementation and monitoring of TC assignments to ensure their compliance with donor reporting requirements, operational objectives and that all reports are of a high quality;
  • Undertaking regular surveillance of local economic, political, regulatory and sector environments in the country and region that could affect credit standing of the clients as well as the Bank’s internal reporting;
  • As a project team member perform all such tasks as may be assigned by the operation leader and provide constructive advice, guidance and supervision to more junior members of the project team.

    3. Business Development

    • Assist, as required, with marketing and business development efforts.

      Qualifications & Skills / Experience & Knowledge:

      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.
      • Experience and competence in the design, building and use financial models as part of due diligence for loan investments.
      • Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
      • Excellent understanding of relevant systems and processes.
      • Ability to work effectively as a team member and to deadlines and under time pressure.
      • Excellent written and oral communication skills in English and Turkish.

        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.
        • Practical experience of participating in transactions through the full project life cycle.