IBEC is a highly professional international team capable to fulfil the strategic development goals of the Bank
KEY FEATURES OF THE IBEC BRAND AS AN EMPLOYER
Established in 1963, International Bank for Economic Co-operation is a unique multilateral development bank with a rich history and consistently professional staff at all stages of it`s development. As a unique financial institution, which has passed a series of internal reforms and is successfully developing at the moment, the Bank under the legendary brand «IBEC» is contributing for professional and career growth of employees within an international business environment and partnership, keeping traditions of the past and developing in the step of the times.
- We respect the values, culture, beliefs, traditions, business practices of our clients, partners, communities and people around the world.
- We conduct business honestly and transparently, we are responsible for our words and our actions.
- We are ready to listen and hear in order to resolve all issues together through dialogue, finding mutually beneficial solutions and compromises.
- We are ready to help those who need it in order to achieve results together.
- We serve our people, our clients, our business.
- Our work is multilateral financial diplomacy.
- We remain committed to our business even in difficult and unfavorable conditions.
- We are motivated by developing ideas and turning them into reality.
- We are a team of professionals; we take smart, calculated decisions.
- Our dedication and affection with business help us cope with any problems.
- We keep our focus on the most important, without wasting resources.
- We stand for consistent achievement of goals and self-improvement.
- Diversity, differences and versatility are our strengths. We enrich each other.
- We are open to new partnerships to move forward together.
- We do not retreat when faced with obstacles, but see opportunities and move forward.
- Our priority is investment in value creation.
Director of Administrative Department
Director of Administrative Department
- Duties and Accountabilities
- To organize work and monitor activities in the following areas:
- Selection Criteria
- In order to ensure complete and reliable reflection of IBEC operations in the financial statements:
- organize the search for tenants, negotiations and conclusion of commercial lease agreements for real estate in the interests of the Bank;
- organize purchases of goods and services in the interests of operational and technical services of the Bank on the initiative of the Management and in accordance with the decisions of Collegial Bodies or at the request of departments in accordance with the regulatory documents of the IBEC;
- provide high-quality maintenance and operation of the IBEC building complex, including, but not limited to, routine scheduled and requested repairs, organization of control over utility bills, control and proactive repair and maintenance of communications, ventilation systems, water supply, fire extinguishing, etc.;
- To organize transportation services, fleet management, catering services and other administrative services in the interests of the Bank and its employees;
- To organize usage and cleaning of the adjacent territory, as well as to organize working interaction with municipal authorities.
- Develop and achieve key performance indicators in your area of responsibility.
- Selection Criteria
- University degree in Finance, Economics, International Economic Relations, Engineering or Natural Sciences;
- Specialized experience – at least 7 years in the field of real estate management and operation of commercial buildings and structures;
- Experience of interaction with local authorities and service providers regarding the issues of operation and maintenance of real estate;
- Experience in managing independent business units;
- Work experience in foreign or international financial organizations is considered as an advantage;
- Knowledge of legislation in the field of commercial real estate transactions, building standards and regulations, requirements of federal and municipal authorities to owners of commercial real estate;
- Skills in organizing interaction with shareholders, tenants, utility suppliers, contractors in the field of repair, maintenance, operation and construction;
- Deep awareness of the issues of fire safety, emergency response, understanding of industrial safety requirements, occupational health and safety;
- Skills of establishing, maintaining and developing relationships with internal and external clients, accuracy, attention to detail;
- Organizational skills and the ability to achieve results in a multitasking environment; stress tolerance, adaptability to changing business conditions, active teamwork;
- English – advanced (at least B2 level);
- Russian – fluency (including oral) (level not lower than C1);
- Advanced MS Office user.
Chief Economist, Financial Planning and Reporting Division of the Financial Department
- Duties and Accountabilities
- Participation in the process of preparing the Bank's planning documents for the relevant year; collection and systematization of information from the Bank's structural divisions in the process of preparing planning documents in terms of indicators for the core banking activities.
- Participation in the process of progress monitoring the execution of the Bank's parameters fixed in the planning documents.
- Participation in the process of building a forecast of the Bank's financial result and individual financial indicators.
- Participation, and in the future, independent conduct of financial analysis and assessment of the financial condition of the Bank.
- Development and compilation of management reports on individual indicators for the core banking activities, provided to the management bodies of IBEC, at the request of the Bank's structural divisions, as well as at the request of rating agencies and external counterparties.
- Selection Criteria
- University Degree in Finance, Economics, Banking;
- Work experience:
- in the field of preparation of management reports for at least 3 (three) years;
- in the field of planning - at least 3 (three) years;
- in the financial and banking sector for at least 3 (three) years;
- in the position of chief economist/head of department in the financial and banking sector for at least 3 (three) years;
- Experience in international and national development banks is an advantage;
- The experience of working with ABS "CFT-Bank" will be an advantage;
- Verbal and written English (B2 and above);
- Fluency in conversational and writing Russian;
- Confident user of MS Office and MS Outlook.
Head of Assets and Liabilities Management Division, Treasury Operations Department
- Duties and Accountabilities
- Analysis of projected inflows and outflows for the Bank's balance sheet assets and liabilities, taking into account the payment position and applicable risk metrics.
- Management of structural liquidity and optimization of balance sheet ALM risks.
- Analysis of the asset-liability structure, forecasting and modeling of liquidity over the medium-term horizon in major currencies.
- Interaction with risk management to develop a digital assessment of ALM risk metrics.
- Analysis and determination of optimal sources of liquidity regulation over forecast intervals.
- Liquidity buffer modeling.
- Analysis of the ALM asset-liability profile to formulate a risk assessment.
- Analysis of the currency risk profile (CRP).
- Analysis of market trends and development of proposals for balance sheet positioning and limits for interest rate and currency risk, development of proposals for hedging interest rate and currency risk.
- Ensuring consideration of issues by the Bank's collegial bodies within their competence in ALM risk management.
- Participation in determining the Bank's pricing policy for asset and liability transactions.
- Determining the cost of resources and constructing base interest rate curves taking into account available funding and hedging liquidity, interest rate, and currency risks (FTP).
- Participating in the development of the Bank's active-passive product pricing system.
- Participating in business planning and asset-liability budgeting for the Bank.
- Selection Criteria
- University Degree in Science and/or Economics, Finance and Banking.
- Professional education/training in the core activities of risk management, asset-liability management and/or financial markets and instruments.
- Work experience:
- at least 5 years' experience in analytical treasury and/or financial markets;
- at least 7 years' experience in the financial and banking sector in the above areas;
- experience working with software packages for automating ALM processes, supporting automation processes at all stages, from creating technical specifications to implementation;
- professional competencies and experience in the following areas, confirmed by past duties:
- analytical (internal) bank treasury (ALM), including analysis, modeling, and management of bank balance sheet assets and liabilities, ALM risks, and market risks; at least 3 years' experience in financial markets (FXMM, derivatives, securities) and/or analytical treasury.
- Specific knowledge and skills:
- Knowledge:
- knowledge of international and national financial market infrastructure;
- knowledge of bank financial and management reporting, preferably IFRS 9 and 13;
- knowledge of treasury financial instruments, including tools for analyzing interest rate markets, bond risks, and yields;
- knowledge of the reporting procedures for treasury instruments;
- knowledge of payment infrastructure in various currencies;
- knowledge of and practical experience applying BCBS recommendations and national regulatory standards regarding liquidity and interest rate risk, as well as market risks;
- knowledge of derivative valuation methods, margining, and collateral management for derivative portfolios, modern approaches to calculating and limiting counterparty risk, and calculating XVA metrics;
- Skills:
- financial analysis and mathematical modeling;
- working with regulatory documents and processes, and treasury-related management reporting;
- automation of ALM processes;
- participation in the work of the Bank's collegial bodies;
- communication with internal departments on applied issues, including the development of internal regulatory information;
- advanced user of information and analytical systems.
- Knowledge:
- English – fluent within the professional area (level not lower than B2).
- Russian – high level of proficiency (including verbal) (level not lower than C1).
- Practical use of information and analytical platforms and resources.
- Advanced MS Office user (Excel, PowerPoint).
Lead Specialist, Treasury Operations Department
- Duties and Accountabilities
- Establishing and monitoring securities portfolio limits.
- Maintaining positions in the Bank's securities portfolio:
- by specific instruments;
- by portfolios across various business models;
- by portfolio risk metrics.
- Managing securities collateral: available and encumbered securities under various types of repos with different counterparties and collateral requirements.
- Revaluing securities in the Bank's portfolio and generating sets of documents for revaluing securities. Calculating cash flow and the financial results of transactions.
- Maintaining positions in foreign exchange transactions:
- structural open positions;
- hedged positions by hedging instruments;
- arbitrage;
- open trading positions.
- Maintaining positions in money market transactions (interbank lending, repo).
- Maintaining positions in derivatives with revaluation.
- Collateral management for derivatives transactions:
- settlement and verification with counterparties for margining purposes.
- Interacting with the Bank's financial and operational departments, including calculating cash flow and the financial results of transactions, and preparing reports on treasury transactions within assigned competencies.
- Assisting the trading operations department in the development and implementation of new treasury products, in cooperation with client managers and other involved divisions of the Bank.
- Selection Criteria
- University Degree in Science and/or Economics, Finance and Banking.
- Work experience:
- at least 3 years of experience in treasury analytics and/or financial markets;
- at least 5 years of experience in the financial and banking sector in the above areas;
- professional competencies and experience in the following areas, supported by job descriptions and personal responsibilities:
- transaction support and control (Registration, verification, and confirmation of trading transactions (securities, FX, derivatives);
- risk and limit control (Monitoring compliance with limits, market risks, and asset concentrations in real time);
- with software packages for automating middle office processes, supporting automation processes at all stages, from creating technical specifications to implementation;
- experience in foreign or international financial institutions is an advantage.
- Specific knowledge and skills:
- Knowledge:
- financial market instruments;
- pricing of financial instruments;
- market risk and its management;
- Skills:
- trade confirmation;
- financial transaction control;
- risk management and report development;
- communication with internal departments on applied issues, including the development of internal regulatory information;
- advanced user of information and analytical systems (cbonds, ntpro, trade radar).
- Knowledge:
- English – fluent within the professional area (level not lower than C1).
- Russian – high level of proficiency (including verbal) (level not lower than C1).
- Advanced MS Office user (Excel, PowerPoint), Trading and banking systems: Experience with core banking systems (Diasoft, CFT), Bloomberg/QUIK terminals.
Managing Director, Treasury Operations Department
- Duties and Accountabilities
- Selling FXMM and transaction services to counterparties in the interbank market.
- Searching for counterparty interest for arbitrage or a trading desk proposition.
- Trading desk design of trades/products in collaboration with counterparties.
- Expanding the range of counterparties in the international financial instruments market.
- Participating at all stages in the automation of processes accompanying transaction execution, accounting, and analysis.
- Formulating proposals for setting risk limits on financial instruments and counterparties, and developing and diversifying treasury operations in financial markets.
- Selection Criteria
- University Degree in Science and/or Economics, Finance and Banking.
- Experience in the financial and banking sector - at least 7 years in the following areas:
- at least 5 years in financial markets (FXMM, derivatives);
- experience in selling services to counterparties/clients in the money and foreign exchange markets (experience with transaction services is an advantage);
- trading operations in financial markets (FXMM, derivatives);
- experience in conducting transactions in the international financial instruments market.
- Experience working in foreign or international financial institutions and with Asian counterparties is an advantage.
- Knowledge:
- infrastructure of international financial markets;
- tools for pricing financial instruments;
- the range of market transactions in the money and foreign exchange markets;
- the current state of the settlement infrastructure in various currencies for transactions in the money and foreign exchange markets, and client payments.
- Skills:
- participation in organizing work in trading and sales departments;
- working with regulatory documents and processes, and management reporting for the treasury;
- communicating with contractors and internal departments on applied issues and within collegial bodies;
- experience working with software systems for automating service sales processes and supporting automation processes at all stages, from creating technical specifications to implementation.
- English – fluent within professional competencies (level C1 or higher).
- Russian – highly proficient (including verbal) (level C1 or higher).
- Practical use of information and analytical platforms and resources.
- Advanced MS Office user.
Chief Economist Client Settlement Operations Support Division, Operations Department
- Duties and Accountabilities
- Full operational support for LORO accounts: managing and recording transactions on correspondent accounts in rubles and foreign currencies, including settlements via SWIFT, SPFS, and DBO, and processing incoming payments.
- Payment quality control and assurance: statement reconciliations, payment investigations, accounting for outstanding amounts, and interaction with correspondent banks to resolve issues.
- Identification of operational risks, participation in the implementation of new products, process automation and system testing, as well as the development and updating of regulatory documents.
- Internal interaction and customer service: working with related bank departments to ensure a high level of customer service and the fulfillment of operational tasks.
- Критерии для отбора
- University Degree in Finance.
- Work experience of at least at least 5 years in a similar position supporting LORO transactions.
- Advanced MS Office user. Knowledge of CFT-Bank ABS and SWIFT payment standards is an advantage.
- English at pre-intermediate level (B2 and better).
- Russian – high level of proficiency (including verbal) (level not lower than C1).
Chief Economist Treasury Operations Support Division, Operations Department
- Duties and Accountabilities
- Perform controlling function in the Division, ensuring the integrity and deadlines’ compliance of settlements for transactions, including, but not limited to, verification of outgoing payments, reconciliation of confirmations for transactions supported by the Division.
- Perform full support and calculations of transactions carried out by the Treasury Operations Department and the Financial and Capital Markets Department in accordance with the Bank’s internal regulatory documents (hereinafter referred to as IRD), including, but not limited to:
- transactions on the interbank market (Forex and interbank lending), transactions and operations with securities, transactions with derivatives;
- transactions with the Bank's own securities;
- maintain the current payment position of the Bank;
- make transfers between NOSTRO accounts;
- generate reports, orders and memos related to the activities of the Division;
- prepare and provide information upon requests from auditors and the Audit Commission within the competence of the Division;
- control the timely receipt of coupon payments on securities in the Bank’s portfolio;
- monitor the fulfillment of mutual obligations of the Bank and counterparties;
- conduct investigations and correspondence on transactions and transactions handled by the Division.
- Participate in the development of draft regulatory documents and contractual documentation of the Bank within the scope of their competence and ensure the approval of these documents. Participate in the development and approval with involved structural divisions of the Bank of regulatory documents and contractual documentation, the owners of the process for which are other structural divisions of the Bank, on issues related to the competence of the Department.
- Timely identify factors affecting the increase in operational and reputational risks of the Bank in the performance of their duties and report on them to the Head of the Division and the Director of the Department.
- Participate in the implementation of new products and changes in business processes of the Bank.
- Prepare proposals and technical specifications for the automation of operational processes within the competence of the Division.
- Participate in testing the Bank's operating systems within the competence of the Division.
- Selection Criteria
- University Degree in Finance, Economics, Banking.
- Availability of Qualification certificate 1.0.
- Verbal and written English (B2 and above).
- Knowledge of the Russian language at the level of a native speaker, including skills and practical experience in drafting legal documents in Russian.
- Advanced user of MS Office, knowledge of: ABS CFT-Bank, SWIFT payment standards is an advantage.
Managing Director (PRC), Financial Institutions Business Development Division of the Customer Relations Department
- Duties and Accountabilities
- Organize, develop, and maintain interactions with financial institutions and organizations in China for the following purposes:
- opening and maintaining mutual accounts;
- establishing and maintaining mutual limits on various types of transactions involving credit risk at the IBEC;
- organizing and maintaining settlement infrastructure.
- Achieve key performance indicators.
- Selection Criteria
- University degree in Economics, Finance of Foreign Trade.
- Relevant experience in developing interactions with Chinese financial institutions and maintaining relationships with them, including:
- establishing correspondent relationships (opening correspondent accounts with Chinese banks, opening correspondent accounts for Chinese banks);
- establishing limits with Chinese banks;
- interbank transactions with Chinese financial institutions;
- working with Chinese payment systems and alternative communication channels.
- Experience working with Chinese financial institutions and key contacts in the Chinese financial and banking sector.
- Knowledge of the key parameters of interaction and development of relationships with financial institutions/organizations, as well as key contacts in partner organizations.
- Professional competencies:
- strong practical skills in solving problems in interbank cooperation with China in the current environment;
- negotiating with current and potential clients and counterparties;
- conducting business correspondence with clients;
- personal and business competencies: personal effectiveness, organization, teamwork, adaptability, communication skills, ability to achieve results in a multitasking environment, stress resistance
- negotiation, presentation, and communication skills; expertise in promoting the bank's products and services in foreign markets, primarily in China, and sales of banking products.
- English - fluent (level C1 or higher).
- Chinese - fluent (HSK 5 or higher).
- Russian - fluent (level C1 or higher).
- Advanced MS Office.
Director of the Strategic Planning and Analysis Department
- Duties and Accountabilities
- Analysis of economic indicators in member countries and new potential markets, identification and analysis of macroeconomic trends and news events in target economies.
- Preparation, updating, and improvement of the Bank's Development Strategy, participation in the development and implementation of relevant Business Plans and strategic initiatives.
- Analysis of the Strategy implementation process, including strategic initiatives and KPIs within the approved Strategy and Business Plans, and initiation of corrective actions.
- Preparation of materials on Strategy implementation as part of the Management Board's Report on the Bank's activities.
- Improvement of the Bank's performance management system (KPIs), including the development of bank-wide KPIs and KPIs.
- Analytical and information support for the Bank's divisions; creation and management of databases on macroeconomic indicators.
- Participation in the development of the Bank's product offering and the strategy for promoting the Bank's products and services.
- Participation in the development and implementation of proposals for establishing and developing long-term relationships with government agencies (relevant ministries and departments, trade missions, chambers of commerce and industry, etc.) and other institutions and entities of IBEC member countries and other countries.
- Project management, including cross-functional projects.
- Selection Criteria
- University degree in Economics, Finance, Banking; MBA is an advantage.
- At least five years of managerial experience in strategic management and economic analysis, including experience developing and implementing development strategies and business plans.
- At least five years of managerial experience in the financial and banking sector, with at least 10 years of overall experience in the financial and banking sector.
- Experience in international and national banks and/or development institutions is an advantage.
- Practical skills in creating strategic documents and business plans, key performance indicator systems, as well as their successful implementation and practical application.
- Practical skills in economic analysis, market research, and forecasting.
- Project management experience and skills.
- Ability to systematically work with macroeconomic data, including across different markets, to discover opportunities, and propose strategic solutions/initiatives.
- Ability to build effective collaboration within a team, with internal and external stakeholders in the strategic process.
- Ability to effectively lead a professional team, manage contractors and consultants.
- Organizational skills, effective time management, ability to achieve results while multitasking; stress resistance, adaptability to changing business conditions, and active leadership within a management team.
- Russian language – fluent (C1).
- English language – fluent (C1).
- Advanced user, MS Project, Excel, CRM, ERP systems.
Managing Director (CIS), Financial Institutions Business Development Division of the Customer Relations Department
- Duties and Accountabilities
- Organize, develop, and maintain interactions with financial institutions and organizations in the Russian Federation and the CIS for the following purposes:
- opening and maintaining mutual accounts;
- establishing and maintaining mutual limits on various types of transactions involving credit risk at IBEC;
- organizing and maintaining settlement infrastructure;
- selling IBEC products;
- structuring credit and documentary transactions for trade and structured finance.
- Achieving key performance indicators.
- Selection Criteria
- University degree in the field of international relations or economics, financial and credit relations, banking, foreign economic activity.
- At least 7 years of experience in financial and banking services and/or foreign economic activity, including with foreign (primarily CIS and Eurasian Economic Community) financial institutions.
- Experience in developing and maintaining relationships with financial institutions in the CIS and Russia, including:
- establishing and maintaining interbank relationships (opening correspondent accounts and setting limits, including mutual ones);
- selling the full range of IBEC products to Russian and CIS banks;
- participating in structuring trade and structured finance transactions with Russian and CIS banks.
- Experience in a position similar in scope and responsibility to that of Managing Director. Knowledge of the key parameters of interaction and relationship development with financial institutions/organizations, key contacts in partner organizations, knowledge of and experience in structuring interbank trade and structured finance transactions.
- Experience working with financial institutions in the Russian Federation and the CIS.
- Key contacts in the financial and banking sectors of the Russian Federation and the CIS.
- Professional competencies:
- strong practical skills in solving problems in interbank cooperation with the Russian Federation and the CIS in the current environment;
- negotiations with current and potential clients and counterparties;
- business correspondence with clients;
- personal and business competencies: personal effectiveness, organization, teamwork, adaptability, communication skills, the ability to achieve results in a multitasking environment, and stress resistance;
- negotiation, presentation, and communication skills; expertise in promoting the bank's products and services in foreign markets, primarily in the Russian Federation and the CIS, and sales of banking products; expertise in structuring credit and documentary transactions in trade and structured finance.
- English - fluent (level C1 or higher).
- Russian - fluent (level C1 or higher).
- Advanced MS Office user.
Managing Director, Customer Relations Division of the Customer Relations Department
- Duties and Accountabilities
- Client Business Development:
- ensuring the achievement of approved business indicators for client acquisition, business volume, commission and interest income;
- formulation and implementation of the Bank's client development strategy;
- searching for, attracting, and developing relationships with large corporate clients, financial institutions, exporters, importers, and other participants in foreign economic activity;
- forming and developing the Bank's client portfolio, ensuring profitability growth;
- building long-term partnerships with business owners, CEOs, CFOs, treasury managers, and other decision-makers.
- Trade Finance and Documentary Business:
- initiating, structuring, and supporting trade finance transactions;
- organizing sales and business development;
- developing an optimal transaction structure taking into account client needs, the Bank's requirements, and the level of accepted risk;
- organizing interactions with foreign banks, correspondent banks, international financial institutions, and agencies;
- structuring credit and documentary limits for corporate clients;
- preparing and negotiating key commercial terms of transactions, including pricing, limit structure, collateral, and covenants;
- organizing interactions with the Bank's divisions (risk, legal, compliance, and other Bank divisions) in the context of transaction approval;
- representing and defending transactions at credit committees and other collegial bodies of the Bank;
- monitoring the quality of the client portfolio and risk acceptance.
- Transaction Business:
- developing transaction and settlement services for corporate clients;
- promoting and selling products;
- creating comprehensive client solutions combining credit products, trade finance, and transaction business;
- ensuring growth in the Bank's fee and commission income through the development of the transaction business.
- Ensuring compliance with approved financial indicators for the division.
- Managing client portfolio profitability, including interest and commission income.
- Ensuring growth in the client base, business volume, and profitability of the Bank's operations.
- Preparing management reports on the performance of the client unit.
- Ensuring compliance with the Bank's internal regulations, legal requirements, regulatory requirements, and compliance control procedures.
- Consulting clients on foreign trade activities, including trade finance.
- Developing the Bank's regulatory documentation, tariffs, standard forms of contracts and agreements, and new banking products.
- Preparing the necessary materials for approval by the Asset, Liability, and Risk Management Committee, including individual tariffs.
- Analyzing market offers and adapting the Bank's pricing policy.
- Selection Criteria
- Higher education: in the field of economics, finance and banking, preferably a master's degree.
- Experience:
- at least 5 years of experience in corporate, international banking business;
- proven successful experience in attracting large corporate clients, exporters, importers, trading houses, logistics companies, industrial enterprises, corporations;
- availability of our own network of business contacts among large corporate clients and participants in the trade finance market;
- experience in the formation and development of a client portfolio with responsibility for meeting indicators for business volumes, profitability and attracting new clients;
- practical experience in structuring, selling and supporting trade finance products;
- experience of interaction with foreign banks, correspondent banks, international financial institutions;
- experience in building comprehensive client solutions that combine credit products, trade finance and bank transaction services.
- Professional competencies:
- knowledge of corporate banking, trade finance, documentary business and transactional business products;
- knowledge of the principles of structuring credit, documentary and transactional transactions for corporate clients;
- deep understanding of credit analysis, assessment of borrowers' financial condition, collateral structure and credit risk management;
- knowledge of international trade finance instruments and the practice of their application;
- knowledge of international rules and standards;
- understanding of the features of financing international trade, export-import transactions and cross-border payments;
- skills in attracting and developing relationships with large corporate clients and financial institutions;
- skills in identifying customer needs and developing comprehensive banking solutions that combine credit products, trade finance and transactional business;
- skills in structuring transactions taking into account credit, country, industry, sanctions and operational risks;
- skills in developing commercial terms of transactions, including pricing, limit structure, collateral and covenants;
- skills in preparing and defending transactions on credit committees and other collegial bodies of the bank;
- skills in conducting complex negotiations with shareholders, CEOs, CFOs and treasuries of large companies;
- skills in managing the profitability of a client portfolio, including interest and commission income;
- skills in analyzing the market, competitive environment and searching for new directions for business development;
- confident skills in practical problem solving in the field of foreign economic activity in modern conditions;
- negotiating with current and potential corporate clients;
- conducting business correspondence with clients;
- decision-making skills in conditions of high uncertainty and multitasking.
- Personal and business competencies:
- strategic thinking, focus on results and commercial success, communication and presentation skills, analyzing problems and developing solutions, the ability to build long-term partnerships with clients and counterparties.
- English - fluent (level not lower than C1).
- Russian - fluent (level not lower than C1).
- Advanced MS Office user.
Stages of the candidate selection process
In the International Bank for Economic Co-operation, personnel selection is carried out on the basis of an international Competition held among Candidates, mainly from the member countries of the Bank.
The purpose of organizing the Competition is to determine the Candidate that best meets the Qualification requirements and needs of the Bank.
When participating in the international Competition for vacancies at IBEC, Candidates go through the following selection stages:
Initial selection of candidates
Primary selection of candidates – selection of applications (CVs) of Candidates that meet the requirements of selection criteria, confirmed by the information in the application (CV).
Depending on the requirements specified in the application, the level of education, work experience (general / in the field / in the position), the availability of licenses, certificates, knowledge of foreign languages and other mandatory requirements specified in the selection criteria are assessed. An employee of the IBEC Human Resources Department can contact candidates to clarify the details of their career and CV facts.
Depending on the requirements specified in the application, the level of education, work experience (general / in the field / in the position), the availability of licenses, certificates, knowledge of foreign languages and other mandatory requirements specified in the selection criteria are assessed. An employee of the IBEC Human Resources Department can contact candidates to clarify the details of their career and CV facts.
Initial professional assessment of candidates
After the selection of candidates for compliance with the selection criteria, an initial professional assessment of the candidates is carried out. The initial professional assessment of candidates can be carried out by using various methods, including methods of structured interviews on professional competencies, testing for professional knowledge, performing a practical test task and other methods and assessment procedures aimed at demonstrating the candidate's level of professional knowledge, skills and abilities. As a rule, the primary professional assessment of candidates is carried out by the direct supervisor together with the HR employee.
Interview with the Personnel Competition Committee
Candidates who have successfully passed the initial professional assessment and confirmed their interest in working at the Bank are invited to participate in the interview with the HR Competition Committee.
Prior to participating in an interview with the HR Competition Committee, Applicants are encouraged to take an aptitude test and answer a questionnaire to determine a personal and business competency profile.
Prior to participating in an interview with the HR Competition Committee, Applicants are encouraged to take an aptitude test and answer a questionnaire to determine a personal and business competency profile.
After passing an interview with the HR Competition Committee, the final candidate may be offered a job at the Bank.
Principles of the international competition
The Bank has implemented a system for personnel recruitment based on the international competition, which allows to form well-qualified team of professionals capable of implementing the tasks set to the Bank.
Equal Opportunities
The Bank provides equal opportunities for participation in the international competition to all persons regardless of their race, religion, nationality, gender, age, marital or social status and other differences.
Unified Criteria
The Bank uses unified criteria for assessment and selection of candidates, which are focused primarily on professional and personal competencies, qualification level, and work experience.
Transparency
The recruitment process is transparent to all Candidates and to other participants in the competitive selection at the Bank.
About vacancies and career at IBEC
1. If I am not a citizen of the IBEC member country, can I take part in the international job competition?
The recruitment of personnel at IBEC is carried out on the basis of an international competition held among the candidates, mainly from the member states of the Bank.
2. How long does the selection process take?
The competition lasts from the moment of opening until the conclusion of an employment contract with the final candidate, but no more than 6 months from the opening date of the competition. In practice, the closing time for a vacancy is about 4 weeks.
3. What is the composition of the Selection Board?
For vacancies at the level of the position "Manager", the Selection Board includes the Management Board of the Bank.
For vacancies at the “Specialist” position level (with no subordinate employees), the Selection Board includes:Member of the Management Board in charge of the division in which the vacancy is open;
Head of the structural unit in which the vacancy is open;
Employee of the Human Resources Department.
For vacancies at the “Specialist” position level (with no subordinate employees), the Selection Board includes:
4. Which language are interviews held in?
Interviews are usually held in Russian – the working language of the IBEC. However, in cases when the position requires the knowledge of the English language, part of the interviews (or all interviews) can be held in English.
5. Can interviews take place remotely?
Yes, all the interviews and other assessment procedures can be conducted remotely. However, it is necessary to have a stable high-speed Internet connection and quality equipment to ensure good audio and video communications during interviews. Typically, distance interviews are recorded to provide the best and most objective assessment of the various candidates involved in the selection.
6. Which criteria are used when selecting candidates for vacancies?
The Bank uses uniform criteria for evaluating and selecting Candidates, focused primarily on professional and personal competencies, qualifications and work experience. These criteria are determined by the qualification requirements set by the Bank for different levels and categories of positions, including requirements for the level of education, work experience, knowledge of foreign languages, the level of proficiency in a personal computer and others.
You can share your CV or send questions to the specialists of the HR department
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