Purpose of Job:

 The Analyst will work closely with more senior bankers to support effective preparation, implementation and monitoring of the Team’s donor-funded technical cooperation (TC) and capital grant activity and guarantee instruments in Kazakhstan and Central Asia, as well as other project implementation-related tasks. In this context, the Analyst will ensure efficient implementation of both grant and loan funded activities in line with donor and internal approval requirements.

Given that SIG’s loans typically include post-signing TCs and capital grants and guarantee instruments. The implementation of these are closely linked with loan implementation and monitoring. In recognition of this close connection, the Analyst will also support implementation and monitoring of loans to the extent these loans benefit from TCs, capital grants or other forms of donor-funded blended finance. To the extent any new business includes grant the Analyst will also provide contribution into structuring and design of those elements.

Accountabilities & Responsibilities:

Under the guidance of the operation leader or a more senior banker:

•            Work as a project team member on transactions where donor funding is involved, contributing to all aspects of project structuring, implementation and monitoring.

•            Assist with the designing and processing of TC assignments, including preparation of Terms of Reference and internal approval of documentation, and supporting the client through the tendering process, to support the related donor supported investment project or policy dialogue initiative.

•            Assist with the effective implementation and monitoring of the grant funded components of projects including communication with the Client, monitoring of grant usage ensuring that activities are implemented in full compliance with donor requirements; preparation and filing of relevant reports to meet donor reporting requirements and operational objectives. The analyst will also assist for donor visibility and communication activities and assist with local outreach and stakeholder engagement if required, support donor monitoring, evaluation and audits as required.

•            Support implementation monitoring including physical implementation as well as the institutional reform and development components by ensuring that arrangements are in place to ensure efficient and successful project implementation by observing, assessing and reporting on:

• the overall performance of the Project Implementation Units (PIUs) and site staff, including consultants, contractors, suppliers and other parties involved in the implementation of the investments – and comment on compliance with their respective obligations and duties; and
• the implementation arrangements including the PIU organisation, staffing, project management systems, arrangements for construction, and contract management.

•            Help coordinate the activities of all the international and local consulting firms involved under project related TCs for implementation, capacity building and policy dialogue.  The Analyst will maintain continuous dialogue with these consultants and will, inter alia:

• Ensure that all consultants are provided with necessary documentation and other assistance, in order that they may meet the objectives of their assignments;
• Ensure appropriate timings for the components of the TC assignments in relation to each other to support effective implementation of the Project;
• Assist relevant PIUs to review and respond to consultants’ reports.

•            Facilitate the timely submission of various reports and data from borrowers to meet the Bank’s reporting covenants in the loan and grant documentation.

•            Ensure that EBRD’s Environmental and Social Policy and its Performance Requirements as well as relevant gender initiatives as required by the Bank (through the Bank’s related Policies) and donors are being adhered to and that the PIUs are duly informed about these policies and rules. Assist the Bank’s Environmental and Social department to support the Companies and PIUs on implementation of the agreed project Environmental and Social Action Plans (ESAPs), Stakeholder Engagement Plans (SEPs) and preparation of annual E&S reporting to the Bank.

•            Be alert to any emerging problems, be they of a contractual, technical, or financial nature, which have the potential to jeopardise the achievement of the project objectives and advise on timely appropriate corrective action.  In particular, advise on any proposed waivers or amendments to legal agreements and interpret any other matters of material interest to the EBRD. If necessary, assist in negotiations to achieve the required corrective action.

Knowledge, Skills, Experience & Qualifications:

The Analyst will be locally based and will bring valuable regional language capabilities (Russian, Kazakh, Kyrgyz, Uzbek, and/or Tajik), along with established local networks and contextual knowledge. These strengths will further support the team’s efforts in relationship-building and effective project implementation.

              Sector specific requirements:

•            Experience of work related to infrastructure (energy) and environmental technical cooperation and investment project implementation in Kazakhstan and Central Asia;

•            Experience working on energy (renewable energy, electricity grid and network) projects in Central Asia, knowledge of the energy market in Kazakhstan and Central Asia;

•            Professional and personal capacity to deal with entities in emerging markets where legal and regulatory framework are often weak and financial information scarce;

•            Thorough understanding of the general technical cooperation and project cycle, credit and financial analysis and their application in the context of energy projects;

•            Understanding of the strategic objectives of the international and bilateral funding agencies, active in the concerned regions, especially related to poverty reduction, environmental sustainability and gender equality.

              General requirements:

•            Bachelor’s degree from a leading university; Master’s degree preferred or equivalent experience in the areas of expertise. Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.

•            Relevant work experience in a merchant/investment, commercial, public institution or development bank or in a corporation closely associated with and/or exposed to the operations of the EBRD, or equivalent;

•            Exposure to energy is desirable, including inter alia understanding of the sector specifics and regulation;

•            Understanding and experience of working with international donor institutions is desirable;

•            Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles and practice of credit analysis. Quantitative/numerical skills are critical with the ability to interpret financial information and to design, build and use financial models.

•            Experience of working in Kazakhstan and/or Central Asia;

•            Ability to communicate effectively with senior government officials;

•            Ability to work effectively as a team member and to deadlines and under time pressure.

•            Willingness and ability to extensively travel within Central Asia;

•            Very good written and oral communication skills in English;

•            Computer literacy.

What is it like to work at the EBRD? / About 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.  

At EBRD, our Values – Inclusiveness, Innovation, Trust, and Responsibility – are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment. 

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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
• A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness. 
• An environment that places sustainability, equality and digital transformation at the heart of what we do. 
• A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits. 

Diversity is one of the Bank’s core values which are at the heart of everything it does.  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, gender identity, sexual orientation, age, socio-economic background or disability.   

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).