European Investment Bank (EIB)

Senior Risk Officer (Mandate Management)

European Investment Bank (EIB)

Job Description

The EIB, the European Union's bank, is seeking to recruit for its Risk Management Directorate (RM) – Operations Department (OPE) – Mandates, Pricing and Support Division (MPS) – Mandate (*)  Management Unit, at its headquarters in Luxembourg, a (Senior) Risk Officer - Mandate Management (**).  This is a full time position at grade 5/6.

The term of this contract will be 4 years.

Panel interviews are anticipated for July 2020

The EIB offers fixed-term contracts of up to a maximum of 6 years, according to business needs, with a possibility to convert to a permanent contract, subject to organisational requirements and individual performance.

(*)  The term “Mandates” comprises special initiatives, financial instruments and 3rd party funds under contract.  Mandates support a broad scope of public policy goals, generally have a very high risk tolerance, and are targeted at supporting innovative financing structures and/or underserved market segments.

(**) internal benchmark: (Senior) Credit Risk Management Officer

Purpose

To lead RM’s input into the Design, implementation and management of mandates, including those received from European Commission and other third parties and those given by the Bank to others, including in particular the European Investment Fund (EIF).

Operating Network

Reporting to the Head of Unit, you will be required to develop a strong, positive working relationship with colleagues across the Department and RM, and with other transversal teams including notably the front office, portfolio monitoring, legal, financial control, the Secretariat General and at the EIF

Accountabilities

  • Act as a central RM point of contact for the development and implementation of new mandates and the ongoing management of existing ones, including regular amendments to the applicable risk management framework

  • Ensure proper application of the applicable risk assessment framework for operations pursued under impact finance mandates as well as contributing to the design of revised risk management frameworks to accommodate new mandator requirements, such as those foreseen under the 2021-2027 MFF

  • Represent OPE in inter-Departmental/Directorate projects and/or working groups related to Mandates

  • Coordinate and provide RM’s input and opinion on all risk-related issues concerning the EIF mandates (e.g. Risk Capital Resources) and contribute to Group risk discussions

  • Coordinate RM input into any mandate related audit, evaluation, data and reporting request (incl. compilation and verification of info/data, consultation with the relevant RM teams, preparation of briefings/summary notes, etc.)

  • Ensure the development, implementation and on-going improvement of initiatives and projects under the responsibility of the MM Unit

  • Develop and promote appropriate communications, in particular to the attention of the Management Committee and the Board, and also within Risk Management Directorate

  • Coordinate and provide input to ad-hoc analyses and written communications on specific matters to senior management or external bodies.

Qualifications

  • University degree, preferably in Finance / Economics or another relevant subject with a solid quantitative background. Postgraduate studies in one of these subjects or MBA would be an advantage

  • Significant relevant experience gained in a financial institution, an international organisation, or in consulting, of which at least 5 years in credit risk management, Analysis" id="link" class="link">Financial Analysis and/or a field comparable to an EIB mandate

  • Familiarity with credit enhancement / securitisation techniques or exposure to private equity and venture capital operations would be an asset

  • Proven project management skills with the ability to coordinate multiple tasks across various stakeholders

  • The ability to work independently, the desire to learn new things, and the capacity to assimilate quickly to new topics and situations

  • Proven ability to interact with senior management

  • Experience of working in multiple disciplines would be an advantage

  • Proficient knowledge of MS Excel.

  • Excellent knowledge of English and/or French and a good command of the other (*). Knowledge of other European Union languages would be an advantage.

Competencies

  • Achievement Drive: Continually keeps an eye on performance, focusing on improving it, showing drive and determination to meet short and long-term goals.

  • Change Orientation: Adapts to differences and changes in the environment; takes a flexible approach to reach outcomes.

  • Collaboration: Works cooperatively as part of a team; works collaboratively with peers across organisational boundaries based on a genuine interest in and an accurate understanding of others and their individual perspectives and concerns.

  • Organisational Commitment: Is willing to commit to an organisation whose mission is to support Europe and is open to diversity, and to align her/his own behaviour with the organisation’s needs and intrinsic values, acting with integrity in ways that promote the organisation’s mission, policies and rules.

(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in French. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of French and accept that their future career in the EIB may be subject to the attainment of sufficient proficiency in both of the Bank's working languages

We are an equal opportunity employer, who believes that diversity is good for our people and our business.  As such, we promote the inclusion of suitably qualified and experienced staff without regard to their gender, age, racial or ethnic origin, religion or beliefs, sexual orientation/identity, or disability (**).

(**) We particularly welcome applications from women and persons with disabilities.

By applying for this position you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorized disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 29th of June 2020 

Apply Now