Analyst, Affordable Housing Advisory

Purpose of Job

The Analyst will support EBRD’s advisory activities related to affordable housing financed by InvestEU, from concept origination and internal approval, to delivery oversight, monitoring and reporting. Such assignments span from project preparation activities to stakeholder coordination, capacity building initiatives, and wider policy reform.

The Analyst is a member of Gender and Economic Inclusion (G&EI) which consists of three pillars (Access to Skills and Employment, Access to Finance and Entrepreneurship, and Access to Services). The incumbent supports the work of G&EI specialists by providing technical input into the design and structuring of the transition impact or gender additionality of InvestEU projects and sector assessments of G&EI issues in the EBRD’s EU countries of operations (CoOs), with a focus on Affordable Housing under the InvestEU Advisory Hub’s “EBRD Advisory for Skills, Employment and Social Infrastructure” initiative as part of the “Social Investment and Skills” window. The Analyst also plays a key role in monitoring the aforementioned G&EI projects’ portfolio for the achieved transition impact. In addition, the Analyst provides input into assessments, including (amongst others) Country Diagnostics, Country and Sectoral Strategies, the yearly Assessment of Transition Qualities (ATQs), and other knowledge products, to assess transition qualities and reform challenges in each of the EBRD’s EU CoOs related to G&EI in order to focus on G&EI policy dialogue, in the context of the InvestEU programme.

Background

G&EI consists of a team of around 35 gender and inclusion experts based in the EBRD’s Headquarters and across its ROs. It leads on the design and delivery of the Bank’s Strategy for the Promotion of Gender Equality and its Equality of Opportunity Strategy across all areas and geographies of the Bank’s operations and policy engagements.

Promoting equality of opportunity through access to skills and employment, finance and entrepreneurship and support for women, young people and other under-served communities is one of the three cross-cutting strategic themes of the Bank.

G&EI is part of the Policy and Strategy Delivery Department (PSD) under the Vice Presidency for Policy and Partnerships. PSD consists of approximately 80 staff that contribute to policy engagement across the Bank’s transition qualities (except for Green), political assessments, country strategy development and economic assessments as well as support the Bank’s compliance with Article 1 of the Agreement Establishing the EBRD.

Facts / Scale

• The Analyst works as part of a team of typically 4-5 G&EI economists, specialists and analysts;
• They report to and work under the general direction of the Principal but supports on a day-to-day basis senior associate G&EI economists and specialists;
• Support project design, management of external consultants and policy engagement activities through data analysis, background research, drafting of ToRs, etc, with a focus on the EBRD’s EU CoOs and themes related to the InvestEU Social Investment and Skills window (e.g. housing, urban/regional planning, skills);
• Work across G&EI, Impact and Climate Strategy Delivery in policy reform activities;
• Assist G&EI economists and specialists in managing their relationships with Banking and other teams (such as Environment and Sustainability Department, Legal Transition Team) during all stages of sector and project work, from project design and assessment to post-signing and monitoring;
• Under the supervision of G&EI economists and specialists, the Analyst takes the lead in monitoring the transition impact of some 10-15 investment-linked TC assignments in the InvestEU Advisory Hub portfolio per year
• No budget responsibility

Accountabilities & Responsibilities

• Assisting G&EI economists and specialists working on the InvestEU “Social Investment and Skills” window, including supporting their relationships with Banking and other teams during all stages of sector and project work underpinning the InvestEU Advisory Hub, from project design, assessment and policy engagement to management of external consultants post-signing and monitoring. In doing so, the Analyst will help fulfil the EBRD’s obligations under the InvestEU Regulation, the InvestEU Guarantee Agreement’s “Social Investment and Skills” window and the InvestEU Advisory Hub Contribution Agreement’s “EBRD Advisory for Skills, Employment and Social Infrastructure” initiative. As of today, the team manages 6 Technical Cooperation (TC) assignments, all linked to or enabling EBRD investments, with a pipeline of 6-15 investment-linked TC assignments in the short and medium term;
• Monitoring and assessing sector developments and structural reform progress in the Bank’s EU CoOs as well as EU regulations – including the InvestEU Regulation, and contributing to country diagnostics;
• Monitoring the transition impact of the Bank’s operations (TIMS) supported by InvestEU Advisory Hub projects, including some limited travel to monitor TC projects on the ground;
• Analysing aspects of the Bank’s impact related to projects and operations under the direction of G&EI economists and specialists;
• Ad hoc assignments, including background research on specific clients or sectors, regulatory and other policy developments, drafting of briefings, presentations and short sector analyses; drafting of communication products and contributing to organisation of G&EI conferences and workshops in the context of the InvestEU programme;
• Compilation and maintenance of relevant datasets with a focus on the InvestEU programme.

Knowledge, Skills, Experience & Qualifications

• A master’s degree in economics, public policy, gender studies or a related field is desirable (candidates with relevant work experience and a Bachelor’s degree may be considered in exceptional cases).
• Prior work experience of policy oriented or applied microeconomics on topics relevant to InvestEU’s “Social Investment and Skills” window, including Housing (e.g. at a central bank, regulator or other body overseeing or setting policy), or in banking or related consultancy services would be an advantage;
• Strong analytical and quantitative skills, including knowledge of Excel. Familiarity with other database/analytic software (e.g. Stata; MatLab) and information providers (e.g. Bankscope, Orbis, Bloomberg, FAO stat, WTO tariffs and World Bank WDI) would be an advantage;
• Excellent written and oral communication skills in English;
• Familiarity with the EBRD’s EU CoOs (Poland, Slovakia, Croatia, Slovenia, Hungary, Romania, Bulgaria and the Baltic states) and work or study experience in the region is helpful;
• Knowledge of one or more languages of the EBRD’s EU CoOs is an advantage.

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.

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).