Intern

Requisition ID 34138 Office Country United Kingdom Office City London Division Banking Sectors Contract Type Intern Contract Length 12 months Posting End Date 17/01/2024

Purpose of the Job

The Equity Funds Team is responsible for the EBRD’s investments in equity funds and the associated management and monitoring of the portfolio of funds. The team works in a similar way to an institutional fund of funds manager or institutional investor. The EBRD Equity Funds team invests primarily in private equity, venture capital and infrastructure funds focused on investing in the EBRD countries of operations (see https://www.ebrd.com/where-we-are.html). EBRD is one of the largest equity fund investors in its investment geography.

The Equity Funds Team is seeking to fill an Intern position at the EBRD HQ in London, with the flexibility to work partially from home in accordance with the EBRD's current policy.

The Intern is expected to predominantly support investment teams in the origination, execution, and monitoring of fund investments throughout the investment cycle, as well as support the team in strategic initiatives and internal and external communications and visibility initiatives. The Intern will take responsibility for the tasks assigned to them by the operation leader or more senior members of the investment team.

Accoutabilities & Responsibilities

Working under the supervision of Equity Funds’ team members, core responsibilities for this role may include, but may not be limited to, the following:

• Assist with assessment and screening of new fund investments, including research and related analysis.
• Contribute to the transaction approval cycle as a deal team member, including assisting with the preparation of internal investment memoranda, market research, financial analysis and modelling.
• Assist with coordinating internal and external communications and visibility initiatives using various channels, including social media, EBRD corporate website, video, audio, and internal communication outlets.
• Develop compelling content (drafting press releases, written social media posts, video, audio) that highlights and promotes the Equity Funds’ team’s work internally and externally.
• Potentially assist with the organisation of conferences relevant to the Equity Funds’ team’s work in emerging markets private equity fund investing.
• Compile and analyse data related to markets and individual investment funds.
• Review reports from fund managers and their underlying portfolio companies.
• Assist with drafting documentation for existing projects, such as monitoring reports and data analytics.
• Prepare internal management documentation, including database reporting, assistance with fair value process, ad hoc reports and briefing notes.
• Provide support to operation leaders and/or more senior members of the team with other ad hoc tasks as required

  Qualifications, Skills, Experience and Knowledge

  Qualifications and Skills:

  • Bachelor’s degree from a leading university in the country of education, or a graduate currently enrolled and working towards a further degree in economics, finance or engineering fields.
  • Interest in development finance, the mission of EBRD and in private equity, venture capital and/or infrastructure funds.
  • Analytical and numerical skills; ability for logical reasoning and accurate interpretation of data.
  • Fluent in English, with strong written and oral communication skills.
  • Computer literacy, conversant with Microsoft Office packages, including financial analysis and modelling modules.
  • Experience in online and offline communications, for example content creation (posts, articles, video, audio) on relevant social media platforms (e.g. LinkedIn and other media platforms), as well as conference/event organisation. Ability to generate compelling, articulate content.
  • Strong team player, able to integrate into a small multi-national team and effectively liaise with different internal and external stakeholders.
  • Ability to work quickly and accurately under pressure, managing multiple tasks to meet varying deadlines.
  • Conscientious, reliable and flexible with a professional attitude and good communication skills.

    Experience & Knowledge:

    • Relevant financial industry experience would be an advantage (e.g. internship(s) from an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards).
    • Interest in the mission of EBRD and its strategic objectives, and in private equity, venture capital and/or infrastructure funds as an asset class.

      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.

        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 and expecting our employee to attend the office 50% of their working time.