The EIB, the European Union's bank, is seeking to recruit for its Risk Management Directorate – Operations Department (OPE) - Mandates, Pricing & Support Division (MPS) – Loan Collateral & Pricing Unit (L&PU), at its headquarters in Luxembourg, an (Associate) Risk Officer – Loan/Financial Collateral (*). This is a full time position at grade 4/5.
Panel interviews are anticipated for October 2021
The term of the 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.
(*) internal benchmark: (Associate) Credit Risk Management Officer
In the context of collateralised lending transactions negotiated by the front office, you will execute risk-related processes and contribute to the development of risk-related tools, policies and reporting, in order to mitigate transaction-specific credit risk and ensure the quality of EIB’s loan portfolio and its economic capital sustainability
Reporting to the Head of the Loan Collateral & Pricing Unit, you will work in close cooperation with colleagues both in Risk Management and in other Directorates/ Departments of the Bank, in particular Front Office lending (OPS), Legal (JU), Transaction Management and Restructuring (TMR), the Finance/Funding Directorate (FI) and Information Technology (IT). You will also interact with external counterparts: pledgors, custodian banks and external auditors
Under the supervision of the Head of Unit, manage all RM tasks linked to the monitoring of financial collaterals, in the context of collateralised lending transactions. This includes:
Find out more about EIB core competencies https://www.eib.org/en/about/careers/careers-competencies/index.htm here
(*) 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 unauthorised disclosure of any information or any damage to the EIB Group reputation.
Deadline for applications: 19th September 2021