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Principal Manager II, Multi-Donor, DCF

Posting Date: 15-Jun-2022

Location: London, GB

Company: EBRD

Requisition ID 28985
Office Country United Kingdom
Office City London
Division Policy and Partnerships  
Contract Type Fixed Term 
Contract Length 2 years 

 

 

 

 

 

 

Purpose of Job

 

EBRD’s business model is increasingly reliant on access to donor funds and donor expertise. Financial resources from the donors for technical cooperation and other grant or concessional instruments are also a crucial component to help the Bank to deliver on its transition mandate. DCF is the main EBRD focal point for mobilising and managing donor funds and works as a catalyst, working closely with other departments in the Bank, and ensures that donor priorities are well understood in the Bank and that the Bank’s priorities are well understood by donors.

 

The aim of this job is to help the Bank welcome and manage donor support from its bilateral donor community in the form of grants and concessional finance, with a focus on multi-donor funds and net income vehicles.

 

The Bank’s Donor Strategy sets out the importance of improving efficiency in handling grants and concessional finance by channelling an increasing proportion of such external support into multi-donor funding vehicles and thematic/geographic broader platforms. The Bank organises such support through multi-donor funds, including some special funds and various net income vehicles such as the Shareholder Special Fund.

 

The Principal Manager II in DCF is responsible for mobilising funds for a range of multi-donor funds and net income vehicles, and for managing these funds in line with best international development practice and donor expectations. The incumbent will lead work to modernise and standardise the Bank’s multi-donor funds, and ensure effective systems are established for fundraising, fund management, high quality donor reporting and impactful communication with donors and user teams.  The Principal Manager will build up a broad network of contacts with donors in Capitals and in Countries of Operations and also across user teams in the Bank. 

 

Accountabilities and Responsibilities

 

The Principal Manager in DCF is responsible for:

 

  • Active stakeholder management with bilateral donors to secure regular support for the Bank’s multi-donor funds, including regular outreach, and organisation of fundraising pitches. Build a network of contacts in Embassies and local donor agencies where funds are operating;
  • Active engagement and stakeholder management with the Board to secure regular support for the Bank’s net income vehicles, including regular outreach and Board interaction through Committees and other events;
  • Negotiating new donor contribution agreements with bilateral donors, working in close coordination with OGC;
  • Management and oversight of the Bank’s multi-donor funds: Ensuring all fund documentation is properly completed; that funds are progressing smoothly with funds allocated in accordance with agreed governance procedures; that reporting is done on time and to the right standard and annual meetings are well organised;
  • Management and oversight of the Bank’s net income vehicle for West Bank Gaza (and possible future vehicles) and the Post-Graduation Special Fund: Ensuring all fund documentation is properly completed; that funds are progressing smoothly with funds allocated in accordance with agreed governance procedures; that reporting is done on time and to the right standard and annual meetings are well organised;
  • Modernise the design and use of all funds to ensure more standardisation, particularly relating to improved fund reporting and SDG alignment, and clear fund approvals and fund mobilisation;
  • Take a strong role in effective fund financial management, including implementation of fund resources in line with plans and acceleration of closing down projects that are completed; 
  • Ensure strong visibility of the funds through improved communication efforts on funds, including via social media, and expertly organised annual events and donor visits;
  • Close cooperation within the bilateral team to ensure well-coordinated and effective engagement with bilateral donors and clear division of labour;
  • Direct management of at least two funds;
  • Act as deputy to the Team Leader, in charge of managing the team in his/her absence, support with the well-functioning of the team, including leading on quarterly reporting,
  • Provide team input to wider cross-DCF exercises on planning, corporate requests, etc.

 

Knowledge, Skills, Experience & Qualifications

 

Knowledge

  • Strong stakeholder management and networking skills
  • Strong understanding of the Bank’s products and familiarity with donor funded financial instruments including guarantees and first loss risk cover
  • Strong understanding of the international development debates and global aid architecture
  • Strong project management and financial management skills.
  • Strong understanding and knowledge of donor reporting requirements, particularly results frameworks and reporting against SDGs
  • Team player who can build close internal relationships and work effectively, responsively and adaptably with a range of staff 
  • Ability to communicate clearly and translate a complex topic to a generalist audience
  • Fluency in English, both written and verbal. Fluency in another Western European language an advantage
  • Computer literate: Windows XP: Microsoft Outlook, Word, Excel, PowerPoint

 

Experience

  • At least 9 years of managing EBRD financial products and banking transactions
  • Direct experience in managing or overseeing donor funded project design and implementation
  • At least 5 years of experience managing staff

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Qualifications

  • Masters degree in economics, finance, accounting and/or equivalent field
  • Professionally qualified in a specialist field or business discipline, including relevant professional training

 

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.


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