Head of the Review and Evaluation Process team

Job Posting Organization:
The European Investment Bank (EIB) is the financial arm of the European Union, established to support EU policy objectives through financing projects that promote climate action, innovation, and social cohesion. The EIB operates globally with approximately 4,400 staff for the Bank and around 735 staff for the European Investment Fund (EIF), across 58 offices worldwide. The organization is committed to maintaining a strong focus on EU Member States, which account for about 90% of its lending activities. The EIB is not subject to external banking supervision, and its governing bodies have strengthened the supervisory role of the Audit Committee, which oversees the EIB Review and Evaluation Process (EIB REP) based on the European Banking Authority's guidelines. The EIB REP team has been operational since 2021, developing methodologies tailored to the EIB's specific needs and conducting annual reviews to ensure compliance with best practices in banking supervision.

Job Overview:
The Head of the Review and Evaluation Process team will manage and lead the REP team within the EIB Group, reporting to the Audit Committee. This role involves refining, adjusting, and implementing the review and evaluation approach and methodology for the EIB Group, ensuring alignment with EU banking supervisory processes. The successful candidate will oversee the development of a multi-year work program, execute the yearly review and evaluation process, and maintain close cooperation with the Audit Committee and Senior Management. The position requires a high degree of autonomy, discretion, and the ability to manage multiple tasks while ensuring precision and confidentiality. The role is critical in establishing relationships with external organizations such as the ECB and EBA, and in adapting methodologies to meet the specificities of the EIB Group.

Duties and Responsibilities:
The Head of the REP team will be accountable for team performance, setting objectives, and ensuring quality deliverables. Responsibilities include determining and adapting resources needed for the supervisory function, managing recruitment processes, and ensuring that the REP team has the right competencies and motivation. The role also involves developing and implementing a medium- and long-term vision for the supervisory function, managing key area processes, and establishing transparent communication with EIB Group managing bodies. The Head will review and refine REP methodologies and processes, ensuring they meet SSM standards while considering the EIB context. Additionally, the position requires managing the budget for supervisory roles and ensuring compliance with the EIB REP Guiding Principles.

Required Qualifications:
Candidates must possess a relevant university degree (Master's degree or equivalent) and have at least 10 years of in-depth experience in supervisory or control-related activities, such as working with banking supervisory authorities, internal/external audit, or risk management. A minimum of 5 years of experience in managing and coaching teams in multicultural environments is essential. Experience in leading a supervisory team in the SSM Supervisory Review and Evaluation Process and developing methodological aspects of this process is also required. Knowledge of EU institutional decision-making processes and governance will be advantageous. Professional certifications in financial risk management, internal audit, or CFA are preferred.

Educational Background:
The position requires a relevant university degree, specifically a Master's degree or equivalent qualification, which provides the foundational knowledge necessary for the role. This educational background should ideally be complemented by specialized training or certifications in financial risk management, internal audit, or related fields, enhancing the candidate's expertise in supervisory processes.

Experience:
The ideal candidate should have a substantial level of experience, specifically at least 10 years in roles related to supervisory or control activities. This experience should include significant exposure to banking supervisory authorities, internal or external audit functions, or risk management practices. Additionally, candidates should have at least 5 years of experience in managing teams, particularly in multicultural or international settings, demonstrating their ability to lead diverse groups effectively.

Languages:
Fluency in English, both written and spoken, is mandatory for this position. Knowledge of other EU languages is considered an advantage, as it enhances communication within the diverse environment of the EIB and facilitates interactions with various stakeholders across the EU.

Additional Notes:
This position is a full-time role at grade 8, with a fixed-term contract of 4 years that cannot be renewed or converted. The successful candidate will be expected to work regularly from the Luxembourg headquarters, with relocation support provided. Initial feedback for applicants will be given in February 2026, with assessment centers for selected candidates scheduled for March 2026, and panel interviews anticipated for early April 202

• The final decision is expected in April 2026, with onboarding planned for September 1, 2026, at the latest. The EIB values diversity and encourages applications from all qualified candidates, including those with disabilities or chronic conditions.