Associate Director

To help the Bank access intra-EU funding to promote transition in its EU Countries of Operations through investment and policy engagement, with a focus on the new InvestEU programme as well the Recovery and Resilience Facility (RRF), Just Transition Funds (JTF), the Connecting Europe Facility (CEF), the European Structural and Investment Funds (ESIF) and other existing or emerging EU instruments.

The incumbent will lead a small team and a large cross-Bank effort to work with the InvestEU programme and other intra-EU programmes across the full cycle of developing, negotiating and implementing financial and advisory products. The success of the incumbent will be measured by: (i) the successful deployment of the financial and advisory products under InvestEU, in line with the Bank’s corporate scorecard and relevant country strategies, (ii) the extent to which EBRD is successful in accessing the other intra-EU funding instruments available to EBRD, and (iii) the establishment of an improved internal control system for intra-EU funds.

The post holder will be the main EBRD contact with the European Commission on all intra-EU funds, and will build and maintain a good network of contacts in relevant Directorate Generals.  The postholder will also work closely with the EBRD Brussels Office, and will be involved in discussions on the EU’s next Multi Annual Financial Framework (MFF), including on the design of the successor instrument to InvestEU.  And the postholder will work closely with EBRD RO Heads, to ensure that relevant EBRD colleagues are fully aware of the opportunities presented through InvestEU.

Accountabilities & Responsibilities:

• The Associate Director will be the EBRD lead EBRD staff member on InvestEU, and will lead a team of DP colleagues that focus on accessing and managing and reporting on both InvestEU funds and other intra-EU donor funding.
• In addition, the Associate Director will co-ordinate very closely with InvestEU-focussed Banking and other colleagues, to ensure that the Bank meets its obligations, and delivers appropriately. The AD will work very closely with Banking. For example, coming up with innovative solutions, structuring of transactions, shaping up proposals. The AD will be proactive in keeping bankers informed of all available solutions for their transactions, available funding streams, and will include them in meetings, and actively seek their inputs.
• Further the Associate Director will work closely with the Managing Director for Central and South Eastern Europe, represent EBRD in various fora and EU meetings (such as the InvestEU Investment Committee), and brief senior management, as appropriate on all EU donor issues relating to EU member states.
• The Associate Director will be responsible for scanning the donor horizon, identifying opportunities, lobbying for EBRD positions in all broader strategic and policy discussions about future EU-focussed funding tools and funding instruments.
• The Associate Director will manage a team of DP colleagues that focus on the other EU instruments that support EU-focussed investments, including the Recovery and Resilience Facility (RRF), Just Transition Funds (JTF), European Structural and Investment Funds (ESIF), the Technical Support Instrument, and the Connecting Europe Facility. Tasks will include people management responsibility for the DP colleagues focussing on intra-EU support.

The Associate Director will deliver on EBRD’s specific priorities with regard to InvestEU. These include:

• Exploring up to 5 potential InvestEU blending operations and, prepare, submit, agree and negotiate up to 3 new allocations / products.
• Finalising Guarantee Agreement 4th Amendment and Contribution Agreement 2nd Amendment. Laying the groundwork for future applications under InvestEU Guarantee Fund.
• The production of an Operations Manual for InvestEU, which be the key document in ensuring EBRD compliance with InvestEU obligations.
• Focussing on continued diversification of EBRD users of guarantee, specifically on doing more in the RID / RTD space.
• Aligning the Bank’s internal approach to use of Guarantee Instruments inside EU countries and set the platform for future funding requests.
• Operationalising the full suite of possible InvestEU products by enabling hybrid/agency model to be used.
• Delivering key set-piece communications content (at IEU Conference etc…) and on-line in order to raise the Bank’s profile as a key Implementing Partner.
• Accelerating the embedding of Donor Unfunded Guarantees in the EBRD systems, and develop a post-2028 plan for EBRD commitments on InvestEU.

Source: https://jobs.ebrd.com/job/London-Associate-Director,-EU-Donor-Funds/1173342801/