Requisition ID

35954
Office Country

United Kingdom
Office City

London
Division

Treasury Department
Contract Type

Fixed Term
Contract Length

4 years
Posting End Date

21/09/2025

KNOWLEDGE, SKILLS, EXPERIENCE & QUALIFICATIONS

• Deep understanding of financial markets and the factors that drive their behaviour.
• Deep understanding of the functioning of Emerging market financial systems
• Deep understanding of all financial instruments
• Strong understanding of the accounting methods used for Treasury assets and liabilities.
• Good understanding of risk management concepts and frameworks
• Experience of running a Treasury or portfolio management function
• Masters degree or equivalent experience in Finance, Economics or other relevant subjects.
• An extensive track record of successfully building and leading diverse teams, setting a vision, developing and managing talent and driving engagement.
  This is a 4 year term appointment.
  Please note that we are working with an external search firm in the recruitment for this position. By applying for this position you are consenting to your details being shared with this third party. If you have any queries in relation to this role, please submit enquiries to responses@russellreynolds.com and mention “EBRD Treasurer " in the email subject line.

PURPOSE OF JOB

The MD, Treasurer is responsible for the raising of all funding for the Bank, the management of the liquidity portfolio of the Bank, the development of local currency lending capacity, its related market building work and the management of the financial risks affecting the balance sheet of the Bank. The management of the Treasury function is managed under delegated authority by the Board and the Vice President CFO and the Vice President CRO by the MD, Treasurer.

ACCOUNTABILITIES AND RESPONSIBILITIES

The MD Treasurer is responsible for supporting the successful execution of the Bank’s Strategic Implementation Plan (SIP). This means in detail:

• To formulate the annual business plan and to secure the resourcing required to meet it
• To define and execute the long-term borrowing programme as approved by the Board of Directors
• To ensure the Bank’s financial sustainability through a sound liquidity management in line with the Bank’s risk appetite taking into account the assessment criteria by credit rating agencies with the objective of maintaining the triple A rating.
• To manage the financial risks of the Bank’s balance sheet within approved risk limits, while achieving the annual revenue target as outlined in the SIP.
• In order to be able to provide local currency loans in the form clients want Treasury will need to run cashflow mismatch risk. This will need to be managed within set limits and Treasury is expected to engage in policy dialogue to improve the functioning of the local markets. The Treasurer will take a leading role in this.
• To provide high quality and consistent advice to the Banking department for the financial structuring of capital market related instruments, advice choice of currency and type of interest rate mechanism and the provision of pricing input garnered from market sources in order to support Banking Operations in providing the best service to its clients in line with the Bank’s mandate.
• To create and maintain liquidity and products in currencies, maturities and interest rate risk profiles that are important for the Bank’s clients.
• To maintain relationships with all major financial market counterparties, major investors’ in the Bank’s bonds and relationships with Central bank partners in order for the Bank to have access to key financial players which it requires for the achievement of the Bank’s Treasury objectives.
• To represent Treasury at the most senior levels, to ensure the outputs of Treasury are recognised and aligned with the overall strategy of the Bank, covering the network of MDBs and DFIs, industry associations and forums, central banks and on government level.
• To drive EBRD’s strategic agenda as outlined in the 5-year Strategic Capital Framework with special focus on local currency findings and MDB collaboration.
• To foster and maintain strong governance and risk culture within the Bank.
• To drive and support the Bank’s transformation agenda with regard to automation, efficiencies and cross-functional collaboration
• To demonstrate people leadership in line with the Bank’s agenda covering objective setting, career planning, mobility, talent development and diversity & inclusion as well as strategic workforce planning
• To champion and role model the Bank’s Workplace Behaviours, ensuring adherence within the department so that the highest standards of integrity and ethical conduct are exhibited at all times (as a member of the Bank’s Senior Leadership Group (SLG))
• To lead by example and promote a partnership approach to ensure effective co-operation, collaboration and working relationships between Treasury and other departments in the Bank.