The EIB, the European Union's bank, in the framework of its http://www.eib.org/about/jobs/working/graduate/index.htm GRAD programme, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C), Regulation & EIB Group Risk Department (GREG), EIB Group Internal Modelling Division (IM), Model Development Unit (MDU) at its headquarters in Luxembourg, a Graduate – Credit Risk Model Development*. This is a full-time position.
* internal benchmark: Graduate
The term of this contract will be 2 years.
To support the development and implementation of internal models for credit risk parameters in order to keep the Bank at the forefront of market and regulatory developments in quantitative risk modelling and credit risk assessment.
Reporting to the Head of the MDU Unit, you will work under the supervision of more senior colleagues in the team. You will also have contact with:
Find out more about EIB core competencies https://www.eib.org/en/about/careers/careers-competencies/index.htm here
(*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.
We are an equal opportunities employer, who believes that diversity is good for our people and our business. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation/identity, disability or neurodiversity.
Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team Jobs@eib.org who will ensure that your request is handled.
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: 16th March 2023. Panel interviews are anticipated for April 2023.