Head of Strategy, Policies and Business Support Department (SPBS)

  • Competitive
  • Luxembourg
  • Intérim, Plein-temps
  • European Investment Bank
  • 20 févr. 17

The EIB, the European Union's bank, is seeking to recruit for its Finance Directorate (FI) at its headquarters in Luxembourg, a Head of Strategy, Policies and Business Support Department (SPBS)

This is a full-time position at grade 8

The term of this contract will be 4 years

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.

 Purpose

The overall objective of the Head of the Strategy, Policies and Business Support (SPBS) Department is to create a vision and to realise the seamless implementation at all times of the first line of defence of the Finance Directorate (FI), supporting the FI front-line departments FI/CAP, FI/TRE and FI/PRO. SPBS is a newly formed department within FI, which creation was approved by EIB Management Committee on 22 November 2016. It is tasked with providing quantitative support to the activities managed by the Directorate (Borrowing, Pricing and Engineering, Management of Liquidity, Asset & Liability and financial transactions), ensuring their operational soundness and reliability, and proposing the strategy and policy framework appropriate to their objectives and operations. The Head of SPBS will have to complete the staffing of the department, create the cohesion within this newly established team, and set its priorities.

The Strategy, Policies and Business Support Department (SPBS) is composed of three Divisions

  • System and Data Management Division responsible of the FI front-to-back IT system and of the management of market and static data for operational as well as reporting purposes.
  • Operational Support and Monitoring Division responsible for providing the information needed to support sound decision making and to assess the impact of realized or considered transactions on the exposures to the risk factors involved in the activities of the Directorate
  • Financial Policies and Methodologies in charge of developing the methodologies and analysis needed to support the strategic decisions of the Directorate, and responsible for keeping this strategic framework up to date, in particular based on the analysis of relevant regulations best banking practices, and their continuous evolution. 

Operating Network

The Strategy, Policies and Business Support Director will report to the FI Director General, will closely cooperate with the other FI Department Heads and liaise with other Banks Directorates, in particular RM, FC, IT and SG. S/he will have regular contacts with Directors General and Directors within the EIB Group and will also maintain a network of contacts with peers in other EU institutions/organisations, business partners and counterparts in the banking and capital market community, regulators and professional organisations, external experts. S/he will represent FI on own domain matters in the relevant governance instances of the Bank (Board of Directors Management Committee, Audit Committee, and their working groups and committees).

 Accountabilities

  • Develop strategy, organise and plan the operations of the Department, with regard to the short, medium and long term goals, in order to establish an effective first line of defence for the activities that FI manages, to build the analytical and methodological framework for the definition and implantation of financial strategies.
  • Supervise 1) the implementation of a robust front-to-back system and data infrastructure; 2) the establishment of effective risk analysis capabilities based on accurate trade and portfolio representation; 3) the proposition of financial strategies and policies based on a solid quantitative support. Ensure that the related key area processes are executed in conformity with EIB policies and procedures.  
  • Provide leadership and advisory support on the definition of the strategic framework of the Directorate financial activities.
  • Advise the Director General on the strategic positioning with regard to upcoming regulations and supervise their implementation within FI if adopted as Best Banking Practices.   
  • Establish and manage the resources and means necessary to implement the formulated operations plan of the Department.
  • Ensure that the team members within the Department have the right competencies, objectives and motivation in order to implement the formulated operating strategy and deliver results, promoting a culture of learning, creativity, collaboration and knowledge sharing.
  • Represent the Department within the Directorate and across the organisation in order to create and enhance co-operation within the EIB Group.
  • Represent the Bank externally and maintain and develop relationships with external partners as appropriate (other EU institutions, international organisation, counterparties, etc.), in order to maximise benchmarking against peer practice, as well as to build and enhance co-operation.

Qualifications

  • Advanced university degree in Economics, Business Administration, Finance or Mathematics, preferably supplemented by post-graduate studies or trainings.
  • At least 10 years professional experience in senior positions in the domains of risk management, risk modelling and analysis, derivatives trading, asset and liability management, liquidity management and Fund Transfer Pricing. Exposure to financial regulations and information technology would be a distinctive advantage.
  • Sound knowledge of treasury operations, risk management models and techniques, and accounting principles.  Good grasps of the legal and regulatory aspects of the financial markets.
  • Proven experience and solid understanding of all aspects of EIB’s financial risk management framework, policies, models and procedures.
  • Broad knowledge of EIB group’s objectives, strategies and policies.(only for intenal add)
  • At least 5 years’ experience in managing and coaching people ideally in multicultural environments or international organisations (e.g. contribution to: determining team resources and skills; establishing objectives; assessing performance; delegating and supervising tasks; guiding, motivating, coaching and providing feedback).
  • Understanding of the Bank's role within the EU policy framework.
  • Excellent knowledge of English and/or French* and a solid knowledge of the other language. Knowledge of other EU languages would be an advantage.

 Competencies

EIB core 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.

EIB managerial competencies

  • Developing Others: Builds the long-term capability of others by guiding and developing them to make the most of their competence and potential, based on an accurate understanding of their true strengths and development needs.
  • Strategic Thinking: Thinks about the long-term organisation strategy and how to align to and implement it; comes up with useful new strategic insights.
  • Team Leadership: Builds a high performing team, ensuring it is focused, motivated and inspired to achieve organisational objectives, encouraging performance excellence and addressing underperformance when required.

 (*) 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 rapidly build up 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.

For more information and how to apply, please visit https://erecruitment.eib.org selecting Job ID 103810

We believe that diversity is good for our people and our business. We promote and value diversity and inclusion among our staff and candidates; irrespective of their gender, age, nationality, race, culture, education and experience, religious beliefs, sexual orientation or disability.

Deadline for applications: 14th February 2017