About this role
Requisition ID
37220
Office Country
Uzbekistan
Office City
Tashkent
Division
Banking Sectors
Full-Time/Part-Time
Full Time
Contract Type
Regular
Contract Length
Posting End Date
11/01/2027
Purpose of Job
The Associate will support the development and execution of infrastructure Public-Private Partnership (PPP) transactions in the Eurasia region, working directly with EBRD’s public sector clients from project identification and feasibility through PPP structuring, tender preparation and procurement support to commercial and financial close.
Working alongside senior members of the PPP Advisory Unit (Associate Director or Principal, depending on the Operational Leader for a project), the Associate will take an active role in delivering transactions, including mobilising donor funding, engaging and coordinating external technical, environmental and social, legal, commercial and financial advisers, and working with public sector clients to develop bankable and commercially viable PPP structures.
The Associate will contribute throughout the transaction lifecycle, including reviewing feasibility studies, developing PPP structures and risk allocation, preparing and reviewing tender documentation, supporting interaction with investors and lenders, and assisting clients through bid evaluation, contract award, commercial close and financial close.
In fulfilling these objectives, the Associate will work closely with public sector clients, private sector investors, lenders, external advisers, donors and relevant EBRD Teams.
Background
The PPP Advisory Unit advises public sector clients with the preparation and procurement of infrastructure PPPs from project identification and conceptualisation, feasibility studies and structuring through government approvals and procurement support until commercial and financial close.
The team is transactions oriented and less focused on policy and capacity building; however, some policy related activities are also needed depending on the project under preparation. Most of the projects are in transport, social infrastructure and utilities sectors, there is also a significant portfolio of social and environmental infrastructure. In the Eurasia region, there are currently several projects in social infrastructure.
The advisory provided to public sector clients in on a cost recoverable basis which requires raising funding from donors and seeking its reimbursement at closure.
Accountabilities & Responsibilities
The following will be part of the responsibilities of the successful candidate:
- Support the Line Manager in developing and maintaining a pipeline of potential PPP transactions, including identifying and developing project opportunities and potential leads through engagement with relevant internal and external stakeholders;
- For new PPP advisory mandates, support the Line Manager in defining the proposed scope and approach of EBRD’s support and in discussing and negotiating the terms of cooperation with the public sector client, including the scope of services, fee terms, respective responsibilities and arrangements for transaction preparation.
- Support the Line Manager in proactively managing relationships with public sector clients throughout the transaction lifecycle, maintaining regular engagement, understanding client priorities, coordinating inputs and helping to resolve issues that may affect transaction preparation and implementation;
- Support the development and execution of infrastructure PPP transactions, working with public sector clients and the Operational Leader throughout the transaction lifecycle;
- Mobilise donor funding required for transaction preparation, including preparation of internal approval documentation and Terms of Reference;
- Lead the engagement and mobilisation of specialist external advisers, working with EBRD Procurement and other relevant teams;
- Coordinate and critically review the work of technical, environmental and social, legal, commercial and financial advisers during project feasibility and transaction preparation;
- Contribute to the assessment of project feasibility and development of the PPP structure, including commercial structure, risk allocation, bankability and procurement strategy;
- Support the preparation and review of tender documentation and PPP agreements, ensuring that the proposed structure appropriately reflects project risks and market requirements;
- Support clients throughout the project’s tender process, including interaction with prospective investors and lenders, bidder engagement, negotiations and preparation of transaction documentation through commercial close;
- Support transactions through to financial close, including review of financing arrangements and satisfaction of relevant conditions;
- In coordination with the OL, provide input into project design and structuring through engagement with relevant stakeholders, including private sector investors, developers and financial institutions;
- Monitor the performance of advisers and delivery of agreed outputs, identifying transaction risks and escalating material issues to the OL;
- Ensure transactions are prepared in accordance with relevant EBRD policies, procedures, donor requirements and Environmental and Social requirements;
- Prepare required client, donor and internal reporting and presentation materials; and
- Over time, take increasing ownership of transactions and, with appropriate supervision, act as Operational Leader for selected projects.
Knowledge, Skills, Experience & Qualifications
- At least five years’ relevant experience in infrastructure/project finance, PPP transaction advisory, investment banking, infrastructure development or investment, gained with a major consultancy/advisory firm, commercial or development bank, infrastructure investor or reputable infrastructure developer.
- Demonstrable transaction experience in infrastructure PPP, renewable energy or project finance, preferably involving a transaction that has reached commercial or financial close. Experience from the public or private side will be considered.
- Strong understanding of PPP/project finance structures, risk allocation, bankability and financial analysis/modelling.
- Experience in reviewing or preparing feasibility studies, financial models, PPP structures, tender documentation and/or transaction agreements would be a strong advantage.
- Commercial mindset and ability to identify and assess key issues affecting the feasibility, bankability and successful execution of PPP transactions.
- CFA, CP3P or other relevant infrastructure, finance or investment qualifications are an advantage.
- Fluency in English. Strong command of Uzbek, Kazakh and/or Russian would be an advantage.
- Strong organisational skills, attention to detail and ability to manage multiple workstreams effectively.
- Ability to communicate effectively with stakeholders at different levels, including presenting, advising and supporting negotiations, both within the organisation and with external stakeholders in Central Asia.
- Ability to deliver on multiple transaction advisory mandates under pressure, with a proactive and self-starting approach.
- Excellent written and verbal communication skills, including ability to prepare high quality reports, correspondence and presentation materials.
- Strong interpersonal and diplomatic skills, with the ability to build and maintain effective relationships with public and private sector counterparts.
- Strong analytical and problem solving skills, including ability to interpret financial, commercial and other project information and draw appropriate conclusions.
- Strong computer literacy and ability to use AI enabled tools effectively and responsibly.
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).