(Associate) Quantitative Development Officer

Job Posting Organization:
The European Investment Bank (EIB) is the bank of the European Union, established in 195

• It plays a crucial role in financing projects that contribute to the EU's policy objectives. The EIB operates in over 160 countries, providing funding for various sectors including infrastructure, innovation, and climate action. With a workforce of approximately 3,500 employees, the EIB is committed to fostering a diverse and inclusive work environment, promoting equity and innovation across its operations.

Job Overview:
The (Associate) Quantitative Development Officer position is situated within the Finance Directorate's Quantitative Implementation Unit at the EIB's headquarters in Luxembourg. This role is pivotal in supporting the design, implementation, and evolution of quantitative models that address treasury, capital markets, and financial management topics. The officer will engage in a variety of tasks that blend business analysis with quantitative development, ensuring that policy and methodological objectives are translated into effective, reliable solutions. The position requires regular office presence and offers a full-time permanent contract, emphasizing the importance of collaboration across various divisions and teams within the EIB.

Duties and Responsibilities:
The duties of the (Associate) Quantitative Development Officer include implementing and maintaining quantitative models that support the Finance Directorate's activities, ensuring compliance with industry standards and market practices. The officer will be responsible for eliciting and structuring business needs, producing clear functional and non-functional requirements, and ensuring traceability from requirements to production. Key responsibilities also involve engineering and analyzing data, developing analytical prototypes, preparing specifications for industrialization, and coordinating user acceptance testing. The officer will document methodologies and maintain audit-ready standards, support production and continuous improvement, and represent the division in working groups. Additionally, the role includes identifying opportunities for innovative technologies and ensuring compliance with internal controls.

Required Qualifications:
Candidates must possess a university degree, preferably in a quantitative or information-systems-relevant field such as Financial Engineering, Applied Mathematics, Statistics, or Computer Science. Post-graduate studies or professional certifications like PRM/GARP, CQF, or Scrum/Agile are advantageous. A minimum of three years of relevant professional experience in a major consultancy firm, financial institution, or international organization is required, with a focus on quantitative topics and business analysis delivery. Candidates should demonstrate hands-on experience in requirements engineering, process modeling, and coordination of user acceptance testing, along with strong SQL and Excel skills, and familiarity with Python for analytical prototyping.

Educational Background:
The educational background required for this position includes a university degree equivalent to a Bachelor's degree in a quantitative or information-systems-relevant field. Candidates with post-graduate studies or professional certifications will have an advantage. The focus should be on fields that provide a strong analytical foundation, such as Financial Engineering, Applied Mathematics, Statistics, or Computer Science, as well as Business Information Systems.

Experience:
The position requires at least three years of relevant professional experience, ideally gained in a major consultancy firm, a significant financial institution, a central bank, or a major international organization. This experience should encompass both quantitative topics and business analysis delivery, demonstrating a proven track record of end-to-end execution from requirement gathering to production implementation.

Languages:
Proficiency in English and/or French is essential, with a good knowledge of the other language being advantageous. Knowledge of additional EU languages would be considered a plus. Candidates must be prepared to meet language proficiency requirements for career development within the EIB, as both English and French are official working languages.

Additional Notes:
This position is a full-time role at grade 4/5, offering a permanent contract. The EIB provides relocation support for candidates moving to Luxembourg. The recruitment process includes panel interviews anticipated for April/May 202

• The EIB values diversity and encourages applications from all qualified candidates, including those with disabilities or neurodivergent profiles. The organization is committed to maintaining the security" style="border-bottom: 1px dotted #007bff !important;">security and integrity of its information and expects compliance with all relevant policies and controls.