European Bank for Reconstruction and Development

EBRD aims to strengthen the economic governance frameworks that underpin private sector development across its regions, applying its unique business model, which combines investment, policy dialogue and technical assistance. As part of its policy engagement mandate, the Bank supports its countries of operations in enhancing their legal and regulatory frameworks and helps corporate clients improve their climate and sustainability governance, strategic alignment and disclosures. The advertised position sits with the Sustainable Finance Governance and Regulation (SFGR) Unit, which was established as part of the Legal Transition Programme (LTP) of the Office of the General Counsel (OGC). The SFGR Unit was created in response to growing demand from countries and clients to elevate climate and nature governance, strengthen transition planning and strategically align businesses with low carbon, resilient and nature positive pathways. The Unit works closely with policy and operational teams across the Bank to deliver on the EBRD's green transition agenda and Paris alignment commitments. The Counsel will contribute to the delivery of the SFDR Unit's workplan, informed by the Bank's strategic direction as set out in the Strategic and Capital Framework (SCF) and the Green Economy Transition (GET) Strategy 2030. Specific topic areas that the Counsel would work on may evolve over time at the discretion of OGC Management. The Counsel will lead and support the development and implementation of high impact policy and legal initiatives that enable sustainable finance, credible transition planning, climate and nature related governance and green investment across the EBRD regions. The Counsel will engage and collaborate with a broad set of stakeholders, including Bank staff, government officials, regulators, private and public sector clients and other market participants, to identify obstacles, design solutions and drive reforms that strengthen governance, enhance transparency and unlock finance towards resilient, competitive and sustainable economic models. In identifying and delivering policy and legal reform projects, the Counsel will report to the Head of the SFGR Unit and will work closely with colleagues across OGC, Policy and Partnerships, Banking teams, Regional Offices, and sector experts to ensure alignment with operational needs, country and sector strategies and the Bank's investment priorities. The Legal Transition Programme (LTP) is the EBRD's flagship initiative to contribute to predictable, transparency and investor friendly legal environments across its countries of operations. The Programme is administered by OGC and delivers policy dialogue, legal and regulatory reform, institution building and knowledge sharing across a wide range of areas central to the Bank's mandate. Accountabilities & Responsibilities The Counsel typically will be responsible for: Supporting the delivery of the SFDR Unit's objectives and workplan, including advising private and public sector clients across a wide range of sectors (energy, manufacturing and services, agribusiness, natural resources, financial institutions, real estate, cities/municipalities) on strengthening climate and nature related governance, risk management, transition planning and alignment with emerging regulatory and investor's expectations. Advising on the application and implementation of sustainability and climate related disclosure standards and regulations (e.g., ISSB, CSRD/ESRS, SFDR, Taxonomy) at an institutional and project levels, as well as supporting the Unit's thought leadership on ESG, governance and sustainability reporting; Leading projects aimed at structuring and delivering credible climate governance action plans, transition plans, policy actions and sustainability commitments for clients (i.e., corporates, financial institutions and cities) in line with emerging best practices, regulatory regimes and as delivered through the Bank's Corporate Climate Governance Facility ( ); Assisting bankers, regional, sector and climate policy leads, impact and other internal teams in designing and developing corporate policy sustainability actions, strategies and frameworks to deliver on Bank's SCF, sector and country strategies, and enhance the transition impact of projects; Supporting clients with the design and implementation of sustainability related strategies, risk management approaches and related frameworks focused on delivering business value and unlocking finance opportunities; Designing and leading policy, legal, and regulatory solutions to support sustainable finance markets and enable clients' transitions towards resilient, competitive, well governed, inclusive and low carbon business models; Preparing high quality policy, legal reform and institution building project proposals across sustainable finance, governance, transition planning, climate and environmental law, and value chain regulation; presenting proposals for internal approval and funding allocation; Advising national authorities and regulators on the design and implementation of climate, environmental, nature / biodiversity, sustainable finance and broader sustainability related legislation; Assists OGC Management on specific assignments; Implementing legal reform and institution building projects, including managing procurement processes, supervising consultants, coordinating with national counterparties and reporting project progress to EBRD management and donors; Liaising with other International Financial Institutions, bilateral agencies, public and private sector networks and international standard setters to ensure alignment, leverage synergies and contribute to emerging best practice in sustainable finance, governance, regulation, and reporting; Promoting the EBRD's work and international standards in transition countries, including speaking at international fora, contributing to Law in Transition, and developing external publications and knowledge products. Knowledge, Skills, Experience & Qualifications The Counsel is expected to: Have relevant professional experience (at least 5 years) gained at a top rated law firm, international financial institution, government/regulatory body or similar environment with a focus on sustainable finance, climate/sustainability governance, regulation and reporting, environmental/climate law and policy, or closely related legal/policy domains. Demonstrate substantive knowledge and practical experience in ESG related legal and policy advisory work for financial institutions, corporates and/or regulators. Experience with EU or international sustainable finance frameworks (e.g. CSRD/ESRS, EU Taxonomy, SFDR) and/or climate and environmental legislation is a strong advantage. Hold (i) a university degree in law from a leading institution and (ii) a post graduate law degree or equivalent professional experience. Background in finance and/or economics is an advantage. Be admitted/qualified to practise law in at least one jurisdiction, with experience in civil law, common law or mixed systems. Have excellent command of English, including superior drafting and negotiation skills. Working knowledge of French, Russian, Arabic or other EBRD languages is desirable. Demonstrate excellent legal drafting, negotiation, analytical and project management skills. Possess outstanding interpersonal, communication and presentation abilities. Be able to work collaboratively in a multicultural environment and manage multiple workstreams under time pressure. Be an effective team player with strong diplomatic and stakeholder management skills. Ability to multitask and work under pressure to challenging deadlines. 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 . click apply for full job details

An international financial institution in Greater London is seeking a Counsel to support sustainable finance initiatives. The role involves advising clients on climate-related governance and legal standards while collaborating with various stakeholders. The ideal candidate should have at least 5 years of experience in relevant fields, a law degree, and excellent communication skills. This position offers a dynamic work environment that values inclusivity and innovation.

Associate Director, ESD Energy, Environment and Sustainability Department We are searching for an experienced and motivated Associate Director to join our Energy team at the Environment and Sustainability Department, based in our London HQ office. You will have ESIA due diligence experience in the energy sector, experience working with EBRD, and IFC safeguarding performance standards, understanding the complexity of nuclear, renewables, power distribution and other forms of energy transmission and distribution. In addition to English, fluency in one of the official languages of EBRD (e.g., French, Russian) or another language from one of our operating countries is preferred. Purpose of the Job The Associate Director will work with the Associate Director Heads of Sector and Directors in ESD to deliver the Bank's commitments under its Environmental and Social Policy. This includes environmental and social appraisal and monitoring of the Bank's portfolio of projects and activities in various sectors; oversight and verification of the Bank's approaches, assessments, monitoring, reporting and verification of environmental, social, green and other commitments relevant to the ESD mandate. The Associate Director will manage the appraisal and monitoring of complex and high-risk projects, provide specialist input, and conduct oversight of a range of projects and sectors. Background ESD works closely and interacts daily with the banking teams and other departments to drive the shared agenda of sound environment and sustainable development. It is responsible for the environmental and social appraisal, assessment, and monitoring of the Bank's portfolio of projects and activities across various sectors, and is the custodian of the Environmental and Social Policy (ESP). ESD interacts primarily with banking teams during project development and implementation, where active participation is expected to assess gaps, develop solutions, and ensure compliance and increased environmental and social transition impact. Within its mandate, ESD: conducts oversight and verification of the Bank's approaches and assessments interacts frequently with the Board, banking and external stakeholders is responsible for data collection and data management sets standards and minimum requirements oversees and assesses environmental and sustainability-related risk monitors, reports, and verifies commitments ESD is also responsible for the ESP and related policy management and development, methodologies and guidance. Accountabilities & Responsibilities Technically manage, provide specialist input, and oversee a range of projects or tasks, including complex and high-risk projects and technical committees. They work independently or with the support of Principals and Associates. Deliver specific projects, tasks, activities, or initiatives that may include assessment of ESP compliance, E&S risk impacts and opportunities, climate and nature risks, Paris Alignment, green finance attribution, monitoring, verification, and assurance. Oversee and manage projects, coordinate tasks and outputs, conduct analytical, scientific, and technical reviews and appraisals, develop and implement methodologies, and monitor outputs. Provide specialist input, review documentation, negotiate contract terms, and liaise with EBRD staff, clients, and consultants. Undertake independent work travel or lead ESD/consultant teams. Represent ESD internally and externally at various fora, including project, client, lender, and stakeholder meetings. Coordinate specialist input to sector and country strategies, policies, papers, or other initiatives. Take responsibility for a particular theme or sub-sector specialization, developing and disseminating knowledge. Deliver internal and external capacity-building initiatives and mentor and coach staff on environmental, social, and finance matters. Contribute to continuous improvement of internal processes, including streamlining and automation of data. Manage on-the-ground engagement with internal and external counterparts, including senior government officials, to support delivery of the EBRD's Environmental and Social Policy. Prepare internal and external sustainability reporting, including the Bank's sustainability reporting approach and methodologies. Champion and role-model the Bank's Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team. Knowledge, Skills, Experience & Qualifications Degree in environmental and/or social sciences, economics, engineering, or a related field, or comparable professional experience. Proven track record in appraising complex environmental and social risks and impacts of projects and/or sectors. Knowledge of international good practice standards and guidelines (EBRD Environmental and Social Requirements, IFC Performance Standards, Equator Principles, Paris Agreement alignment, TCFD, TNFD, SSB, CSRD, sector guidelines). Knowledge and experience of financing instruments, approaches, and processes, including IFI policies and procedures, and policy development. Strong sector or thematic expertise and knowledge of policies and safeguards application. Familiarity with the countries in which the Bank operates or plans to operate. Track record in project management, leading multidisciplinary teams, and delivering risk-assessment based solutions for complex projects. Strong interpersonal skills and ability to work independently or lead in a multicultural environment. Excellent time management, organisational skills, and ability to multitask and delegate. Excellent written and spoken English; fluency in a local language is required for resident office appointments. Proven experience communicating complex policy and technical issues to senior stakeholders, building consensus, and reaching agreement. Demonstrated experience mentoring and coaching junior staff. Ability to transfer external experience into the EBRD context. Proactive in anticipating problems and leading initiatives to avoid escalation. Experience in negotiations, persuasion, and influence to deliver objectives, based on effective communication skills. Ability to operate in a multicultural environment and build effective relationships with clients and colleagues. What is it like to work at the EBRD? / About EBRD Our agile and innovative approach makes life at the EBRD a unique experience. You will be part of a pioneering and diverse international organisation, using your talents to make a real difference and shape the future of the regions we invest in. At EBRD, our Values - Inclusiveness, Innovation, Trust, and Responsibility - shape how we work. Through our Workplace Behaviours (listening, collaborating, acting decisively, simplifying), we foster a positive and high-performing environment. The EBRD environment provides you with: Varied, stimulating, and engaging work that allows interaction with experts across finance, politics, public and private sectors. A culture that embraces inclusion, celebrating diversity and promoting fresh ideas and innovation. A hybrid workplace offering flexibility, trust, and connectivity. An emphasis on sustainability, equality, and digital transformation. Employee well being and a comprehensive suite of competitive benefits. Diversity is a core value of the Bank. We ensure equal opportunities for all qualified candidates, regardless of background, identity, or disability. Please note that due to the high volume of applications, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted.

An international financial institution is seeking an experienced Associate Director for its Energy team in London. The role involves managing high-risk projects, ensuring compliance with environmental standards, and leading sustainability initiatives. Candidates should have a degree in a relevant field, extensive experience in environmental and social risk assessment, and strong managerial skills. Fluency in English and additional languages is preferred. This position offers a hybrid work model and a comprehensive benefits package.

Quantitative Developer will be a core member of the quantitative development team. The individual will be responsible for the overall software infrastructure used by QRA and other risk teams. This includes necessary software upgrades to make sure the team is equipped with best-in-class and latest software components and setting up the software tools for the seamless use by fellow team members. Successful candidate will work on maintaining production codebases, ensuring high performance and reliability, and integrating languages and components with low friction into the toolchain. He will also be the key contact on any matters related to coding standards within the Team, ensuring these standards are implemented and adhered to. The individual will participate in the development, maintenance, and performance improvement of risk libraries, software infrastructure, using Python and C++ as the primary languages. In addition, the incumbent will be involved in setting up version control software, monitor the performance of the in-house developed code and help the team implement more robust automated testing and continuous integration processes. As a good to have, the incumbent will have a good overall understanding of identification, measurement and modelling of credit and market risks. Familiarity with derivatives or financial products in addition is highly desirable. Quantitative Developer will from time to time be involved in different projects with a large development component, such as designing aggregation measures and reports that will help the Management better understand the overall portfolio risks. Background Quantitative Risk Analytics (QRA) is a function within Risk Models, Model Validation and Stress Testing team of the Risk Management department. QRA's primary function is supporting the articulation of the Bank's Risk Appetite and developing informative Risk Measures and Analytics. The quantitative function covers the following aspects: Credit Risk: Responsible for the identification, measurement, analysis and mitigation of the credit risks taken by the Treasury and Banking, including exotic products, and engages with them to provide advisory in the pre trading structuring, collateral mitigants and portfolio what if analysis, as well as exposure management within agreed limits. Economic Capital: Provides an internal estimate of overall Economic Capital consumption to facilitate capital allocation. Market Risk: Responsible for the identification, measurement, monitoring and mitigation of market risks in the Treasury and Banking operations. Liquidity Risk: Responsible for the measurement and monitoring of Liquidity Risk for the local currency desk. Accountabilities & Responsibilities Depending on the area of specialisation, Quantitative Developer is responsible for all or most of the following: Designing and maintaining the software infrastructure of the team. Perform any necessary upgrades to ensure the Team has the best in class toolset to work with. This includes setting up the IDEs and installing any necessary packages and environments. Participate in the design and development of in house developed software solutions. Assist in maintenance and performance improvement of the existing in house risk library and overall Team's software infrastructure. Assert and maintain high coding standards across the Team's software ecosystem. Provide advice on these matters positively influencing the state of any in house developed software solutions. Collaborate with IT teams to resolve any BAU issues the Team might be facing. Participate in forums related to any dependencies pertaining to IT matters with the potential to influence the Team's work. Knowledge, Skills, Experience & Qualifications 3+ years professional experience with modern Python or C++. Proficiency in C++: good knowledge of data structures, algorithms, and design patterns. Proficiency in Python: ability to prototype, write scripts, and do the data manipulation along with integration with C++ code. Experienced in setting up and maintaining development environments and toolchains for Python and C++. Demonstrates solid knowledge of software engineering best practices, encompassing version control with Git, peer code review, and systematic unit and integration testing. Good problem solving, debugging, profiling skills. Familiarity with HTTP based APIs and methods. Knowledge of quantitative finance, risk modelling and derivatives is a plus. Familiarity with P&L explain is a good to have. Experience with DevOps practices, including CI/CD and automation, is advantageous. Knowledge of R and Julia is a good to have. Knowledge of setting up modern machine learning frameworks (e.g., PyTorch, Google Colab) is considered an asset. Good communication skills, ability to work cross functionally. MSc in Finance or Sciences. 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. Job Segment: Testing, Test Engineer, Developer, Risk Management, Sustainability, Technology, Engineering, Finance, Energy

A leading financial institution located in Greater London is seeking a Quantitative Developer to enhance their software infrastructure and toolsets. You will work closely with the Quantitative Risk Analytics team, ensuring high-performance code and adherence to coding standards. The ideal candidate will have over 3 years of experience using Python and C++, alongside a Master's in Finance or Sciences. This role encourages collaboration and values diversity, fostering an inclusive work environment.