Project Finance Senior Risk Manager (Energy / Infrastructure)

The Project Finance Senior Risk Manager independently analyses and appraises risks of EBRD’s corporate project finance debt transactions in the Energy and Infrastructure sectors. The role involves advising bankers and Bank Committees to ensure compliance with the Bank’s sound banking mandate, leading and coaching junior staff, and participating in executive committees.

Responsibilities

• Establish an independent and unbiased view on projects proposed to the Operations Committee / SBIC / under Delegated Authority and make clear recommendations, or approvals, on each proposal.
• Analyse the key risks of each proposal and advise on risk mitigation measures, structures, tenor, security, covenants and condition precedents, to the project teams via credit notes.
• Be versed in climate risk issues that have an effect on new and existing operations, including risk mitigation and reputational issues.
• Appraise the validity and reliability of key assumptions of each proposal, including via involvement in the commissioning and review of independent due diligence and travel.
• Deliver clear authoritative conclusions in the context of large volumes and tight timescales.
• Take responsibility for the credit risk of designated own portfolio.
• Ensure projects comply with any relevant risk guidelines, prudential limits set by the Bank, and that appropriate ratings are assigned for probability of default and loss given default.
• Exercise independent delegated authority, if granted, regarding portfolio actions and recommendations to senior management on matters requiring higher level approval.
• Lead proactive and regular monitoring of the assigned portfolio counterparties arranged in sector clusters and countries and market developments.
• Actively and constructively engage with Banking and other relevant staff to ensure adequacy of front-line monitoring, coach Banking representatives when appropriate.
• In liaison with other Risk Management teams lead sector portfolio reviews and provide input to portfolio stress-tests.
• Collaborate with other members of staff to ensure effective cross-departmental and business functioning.
• Participate in various executive Bank committees including the Operations Committee, SBIC, RiskCom.
• Participate and contribute positively to various initiatives within Risk Management or bank-wide.
• Be an agent of credit culture dissemination, including managing and mentoring of bankers on rotation.

Requirements

• Relevant experience in the Energy sector with demonstrated deal experience in renewable energy and battery storage projects.
• Clear understanding of other Infrastructure sectors (e.g. Transport, Municipal and Environmental Infrastructure).
• Influencing skills in overseeing the Banking team’s structuring of the transaction and articulation of any different views.
• Experience of structuring high yield loans and other financial instruments, in both corporate and project finance.
• May act as the risk expert for the Energy sector and provide operational guidelines to the Banking teams and provide input into project selection and prioritisation.
• Proven skills and track record in autonomous decision-making capacity at a senior level in credit risk in high-risk environments.
• Deliver clear authoritative conclusions in the context of large volumes and tight timescales.
• Strong written and spoken communication skills in English and good Excel knowledge.
• Advanced degree in finance, business, economics or equivalent on the job training.
• Demonstrate developing people management skills for junior staff under their coaching/ mentoring responsibility.
• Relevant banking and/or risk management experience is essential.

Skills

• Energy Sector Experience
• Renewable Energy Finance
• Battery Storage Projects
• Infrastructure Sector Knowledge
• Transaction Structuring
• High Yield Loan Structuring
• Corporate Finance
• Project Financing
• Credit Risk Management
• Risk Assessment
• Banking Team Coordination
• Decision Making in Risk
• Financial Instrument Structuring
• Project Selection
• Risk Guidelines Development
• People Management
• Coaching and Mentoring
• Written Communication
• Spoken Communication
• Excel

Languages

English