{"schemaVersion":3,"releaseId":"rel_20261112_4dbdfd3e72c2","builtAt":"2026-11-12T03:18:38.218Z","canonicalUrl":"https://www.diplomatic.careers/jobs/ebrd-associate-risk-officer-warsaw-37224","job":{"slug":"ebrd-associate-risk-officer-warsaw-37224","title":"Associate Risk Officer","state":"open","publishedAt":"2026-11-11T05:03:03.036Z","updatedAt":"2026-11-11T06:00:34.277Z","lastVerifiedAt":"2026-11-11T05:03:03.068Z","sourceUrl":"https://jobs.ebrd.com/job/Warsaw-Associate-Risk-Officer/1456125233/","sourceName":"EBRD careers","applicationUrl":"https://jobs.ebrd.com/job/Warsaw-Associate-Risk-Officer/1456125233/","workModes":["on-site"],"grades":["Associate"],"gradeKey":"associate","careerLevel":"l3","professionalFunction":"risk_compliance","subjectArea":"development_finance","requiredLanguages":[],"requiredLanguagesOneOf":[],"citizenshipEligibility":"member_states","degreeLevel":"master","yearsExperienceMin":null,"positionsCount":1,"internationallyRecruited":true,"summary":"Supports independent credit risk analysis and portfolio oversight for corporate and project finance transactions across the Bank’s operations.","sourceDescription":"Purpose of Job\n\nAs part of the Corporate & Project Finance Credit Team, work alongside more experienced Risk Officers to independently analyse and appraise risks of EBRD’s new and existing portfolio corporate and project finance debt transactions. As part of the credit review, identify required due diligence, recommend appropriate risk mitigation measures and transaction structures, including security, covenants, and pricing. Advise bankers and the Bank’s Committees to ensure that banking projects comply with the Bank’s sound banking mandate and are in line with risk appetite guidelines. Under supervision of a Senior/Principal Risk Officer, the Associate Risk Officer reviews portfolio projects, assigns credit ratings and communicates trends in the portfolio and lessons learned to management and peers for their broader strategic decision-making and bottom-up stress-testing.\n\nAccountabilities & Responsibilities\n\nThe Associate Risk Officer will work under supervision of the Senior/Principal Risk Officer focusing on:\n\n-    Establishing an independent and unbiased view on projects proposed to the Operations Committee / SBIC / under Delegated Authority and make clear recommendations, or approvals on each proposal. \n-    Analysing the key risks of each proposal and advise on risk mitigation measures, structures, tenor, security, covenants and condition precedents, to the project teams and, via credit notes. Review integrity and anti-money laundering issues to ensure compliance with internal guidelines and advise on referral to the Office of the Chief Compliance Officer as required. Be versed in climate risk issues that have an effect on new and existing operations, including risk mitigation and reputational issues. Appraising the validity and reliability of key assumptions of each proposal, including via involvement in the commissioning and review of independent due diligence and travel.\n-    In liaison with Risk Policy and Reporting, Climate Risk and other Credit teams, supporting sector portfolio reviews and providing input to portfolio stress-tests.\n-    Ensuring projects comply with any relevant risk guidelines, prudential limits set by the Bank, assesses the climate risk as per the procedures and that appropriate ratings are assigned and updated for probability of default and loss given default. Ensure accuracy of Risk data in projects involved.\n-    Exercising independent judgement regarding portfolio actions (including certain waivers and amendments), and recommendations to senior management on matters requiring higher level approval (including transfers to corporate recovery, provisions and more significant restructuring, etc.).  \n-    Carrying out proactive and regular monitoring of the assigned portfolio counterparties, countries and market developments.  Actively and constructively engaging with Banking and other relevant staff to ensure adequacy of front-line monitoring. \n-    Collaborating with other members of staff; especially in the Banking Department, Finance, the Office of the General Counsel and the Office of the Chief Economist to ensure effective cross-departmental and business functioning.\n-    Contributing to various executive Bank committees - including the Operations Committee, SBIC, RiskCom etc. \n-    Participating and contributing positively to various initiatives within Risk Management or bank-wide to support and develop engagement in the team.  \n-    Among peers, being an agent of credit culture dissemination.\n\nKnowledge, Skills, Experience & Qualifications\n\n-    The Associate Risk Officer is expected to be, commensurate to their experience, authoritative and influential and support Principal and Senior Risk Officers in providing well-judged advice and guidance across the entire business.\n-    Proven experience of analysing high yield loans, structured finance and other financial instruments, in both corporate and project finance.  \n-    Deliver clear authoritative conclusions in the context of large volumes and tight timescales. \n-    Knowledge of emerging markets, including CIS, CEE, SEMED and SSA.\n-    Strong written and spoken communication skills and excellent Excel knowledge.\n-    Advanced degree in finance, business, economics or equivalent on the job training.\n-    Relevant experience, of which [at least] some in a risk management role.\n\nWhat is it like to work at the EBRD? / About EBRD\n\nOur 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.\n\nAt 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.\n\nThe EBRD environment provides you with:\n\n• 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.\n\n• 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.\n\n• A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.\n\n• An environment that places sustainability, equality and digital transformation at the heart of what we do.\n\n• A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.\n\nDiversity 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.\n\nPlease 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).","description":["Supports independent credit risk analysis and portfolio oversight for corporate and project finance transactions across the Bank’s operations."],"responsibilities":["Analyse risks in corporate and project finance proposals and recommend appropriate mitigation measures, structures and approvals.","Monitor portfolio counterparties, countries and market developments and contribute to portfolio stress-testing.","Advise banking teams and senior management on credit ratings, risk guidelines, portfolio actions and emerging risks."],"requirements":[],"applicationInstructions":[],"engagementType":"staff","datePosted":"2026-11-10","applicationDeadline":"2026-11-22","locations":[{"label":"Warsaw, Poland","city":"Warsaw","country":"Poland","countryCode":"PL","remote":false}]},"organization":{"slug":"ebrd","name":"European Bank for Reconstruction and Development","shortName":"EBRD","websiteUrl":"https://www.ebrd.com","careersUrl":"https://jobs.ebrd.com"},"filters":[{"field":"organization","value":"ebrd","label":"EBRD"},{"field":"city","value":"warsaw","label":"Warsaw"},{"field":"country","value":"poland","label":"Poland"},{"field":"area","value":"development-finance","label":"Development finance"},{"field":"area","value":"risk-compliance","label":"Risk & compliance"},{"field":"level","value":"l3","label":"P3 Established professional"},{"field":"engagement","value":"staff","label":"Staff"},{"field":"education","value":"master","label":"Master's degree"},{"field":"citizenship","value":"member-states","label":"Organization member-state nationals"},{"field":"mode","value":"on-site","label":"On-site"}],"eligibilityGuide":{"slug":"who-can-apply-to-ebrd","title":"Who Can Apply to the European Bank for Reconstruction and Development (EBRD)"},"salaryBand":null,"organizationBenefits":[{"title":"Diplomatic document","summary":"Eligible covered personnel receive official documentation and immigration facilitation under the EBRD headquarters framework. The document issued depends on the person's appointment and status.","details":["Eligible covered personnel receive official documentation and immigration facilitation under the EBRD headquarters framework. The document issued depends on the person's appointment and status."],"sourceUrl":"https://www.ebrd.com/content/dam/ebrd_dxp/assets/pdfs/institutional-documents/basic-documents-of-the-ebrd-july-2025-english.pdf","updatedAt":"2026-08-09T04:04:55.226Z","scope":"organization-wide"},{"title":"Functional immunity","summary":"EBRD officials receive immunity for official acts under the Bank's privileges framework. The Bank holds the authority to waive that protection. It does not cover private conduct.","details":["EBRD officials receive immunity for official acts under the Bank's privileges framework. The Bank holds the authority to waive that protection. It does not cover private conduct."],"sourceUrl":"https://www.ebrd.com/documents/comms-and-bis/pdf-basic-documents-of-ebrd-2013-headquarters.pdf","updatedAt":"2026-07-18T11:23:49.774Z","scope":"organization-wide"},{"title":"Health insurance","summary":"Staff medical insurance","details":["EBRD provides eligible employees with comprehensive international medical and dental cover. The Bank pays the employee premium. Employees pay a discounted premium to add dependants."],"sourceUrl":"https://jobs.ebrd.com/content/Reward/?locale=en_GB","updatedAt":"2026-07-18T11:23:52.454Z","scope":"organization-wide"},{"title":"Home leave","summary":"EBRD expatriate staff allowances have included home leave travel for staff who relocate internationally. Eligibility is tied to expatriate status and the staff rules attached to the appointment.","details":["EBRD expatriate staff allowances have included home leave travel for staff who relocate internationally. Eligibility is tied to expatriate status and the staff rules attached to the appointment."],"sourceUrl":"https://www.ebrd.com/content/dam/ebrd_dxp/assets/pdfs/administrative-tribunal/at0301m.pdf","updatedAt":"2026-07-18T11:23:49.774Z","scope":"organization-wide"},{"title":"Income tax exemption","summary":"EBRD salaries and emoluments are covered by the Bank's headquarters tax arrangements. National tax treatment is set by the applicable agreement and the staff member's individual status.","details":["EBRD salaries and emoluments are covered by the Bank's headquarters tax arrangements. National tax treatment is set by the applicable agreement and the staff member's individual status."],"sourceUrl":"https://www.ebrd.com/documents/comms-and-bis/pdf-basic-documents-of-ebrd-2013-headquarters.pdf","updatedAt":"2026-07-18T11:23:49.774Z","scope":"organization-wide"},{"title":"Pension","summary":"Staff retirement plan","details":["Eligible EBRD employees join a Bank-funded final-salary plan and a money-purchase plan funded by both the employee and the Bank. Each plan pays a lump sum when employment ends or at retirement."],"sourceUrl":"https://jobs.ebrd.com/content/Reward/?locale=en_GB","updatedAt":"2026-07-18T11:23:52.454Z","scope":"organization-wide"},{"title":"Relocation","summary":"EBRD provides ongoing assistance to eligible employees who relocate to another country to take up employment. The offer sets what is covered for travel, shipment, housing support, or settling costs.","details":["EBRD provides ongoing assistance to eligible employees who relocate to another country to take up employment. The offer sets what is covered for travel, shipment, housing support, or settling costs."],"sourceUrl":"https://jobs.ebrd.com/content/Reward/?locale=en_GB","updatedAt":"2026-07-18T11:23:49.774Z","scope":"organization-wide"},{"title":"VAT exemption","summary":"The EBRD headquarters arrangements provide VAT exemption or refunds for qualifying purchases. The scope depends on the purchase, the person's status and the applicable rules.","details":["The EBRD headquarters arrangements provide VAT exemption or refunds for qualifying purchases. The scope depends on the purchase, the person's status and the applicable rules."],"sourceUrl":"https://www.ebrd.com/content/dam/ebrd_dxp/assets/pdfs/institutional-documents/basic-documents-of-the-ebrd-july-2025-english.pdf","updatedAt":"2026-08-09T04:04:55.226Z","scope":"organization-wide"},{"title":"Visa sponsorship","summary":"The EBRD headquarters agreement provides for covered officers and employees to take employment in the United Kingdom. Visa or residence processing remains an appointment-specific onboarding step.","details":["The EBRD headquarters agreement provides for covered officers and employees to take employment in the United Kingdom. Visa or residence processing remains an appointment-specific onboarding step."],"sourceUrl":"https://www.ebrd.com/documents/comms-and-bis/pdf-basic-documents-of-ebrd-2013-headquarters.pdf","updatedAt":"2026-07-18T11:23:49.774Z","scope":"organization-wide"}]}