(Senior) Banker – Financial Institutions (Neighbourhood Countries)

  • Competitive
  • Luxembourg
  • Intérim, Plein-temps
  • European Investment Bank.
  • 19 sept. 17

The Banker (known internally as a loan officer) will identify, appraise, negotiate and monitor lending transactions primarily with banks / financial institutions in the countries of the European Neighbourhood, according EIB policies and procedures and with the objective to contribute to EU Policy goals, in line with the agreed strategy and Division Business plan. He/ she will be responsible for the origination and execution of senior and risk sharing transactions primarily with financial institutions; however sovereign counterparts and funds may also be included in the scope of the position.

The EIB, the European Union's bank, is seeking to recruit for its Operations Directorate (Ops) – Neighbouring Countries Department (NC) – Eastern Neighbourhood (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine) and Southern Neighbourhood (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian territories, Tunisia, Banks Division (NC-4), at its headquarters in Luxembourg, a:

 

(Senior) Banker – Financial Institutions (Neighbourhood Countries)

 

This is a full time position at grade 5/6

The term of this contract will be 4 years - linked to the Economic Resilience Initiative

 

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 Banker (known internally as a loan officer) will identify, appraise, negotiate and monitor lending transactions primarily with banks / financial institutions in the countries of the European Neighbourhood, according EIB policies and procedures and with the objective to contribute to EU Policy goals, in line with the agreed strategy and Division Business plan.

He/ she will be responsible for the origination and execution of senior and risk sharing transactions primarily with financial institutions; however sovereign counterparts and funds may also be included in the scope of the position.

 

Operating Network

He/she reports to the Head of Division and cooperates closely with colleagues working in the region and with other functions of the Bank involved in such transactions.

The loan officer will have external interaction with potential and existing counterparts as well as other stakeholders and colleagues, such as the European Commission and the European Investment Fund (EIF).

 

Accountabilities

Transaction origination process:

  • Track developments and monitor his/her target market
  • Develop and maintain relationships with a network of borrowers, financial institutions, and other market operators
  • Screen proposals and identify lending opportunities that best meet COP objectives.
     

Lending process:

  • Evaluate, at an early stage, the quality of potential projects and their chance of success, including as appropriate consultation with the Projects Directorate (PJ) Risk Management (RM) and Legal (JU).
  • Lead and coordinate the lending process in cooperation with other Divisions and Directorates.
  • Evaluate lending operations, evaluate their feasibility, analyse project and financial risks, draft reports and lending proposals in cooperation with the appraisal team.

     

Negotiation of contracts:

  • Negotiate terms and conditions of loan and other project documentation with promoters and other counterparts, in coordination with JU and RM, and PJ.           

     

Disbursement and monitoring:

  • Lead the disbursement process and fulfilment of conditions in coordination with the team of Operations Analysts in the Department. Follow up developments of the project and/or borrowers, in coordination with PJ, RM, Transaction Management & Restructuring (TMR) and the Ops Central Allocations Unit (CAU) in the case of intermediated loans for SMEs.
  • Carry out due diligence and, in the event of any restructuring and/or contractual modifications, conduct negotiations in liaison with RM, TMR and JU in order to maintain the quality of the loan portfolio and ensure the effective implementation of the financed project

     

Optimisation of operating tools and working methods:

  • Innovate and suggest improvements to existing tools, systems and products in response to changes in the operational framework
  • Ensure correct input of data relating to own area of activity into the management information system in order to contribute to the continuous improvement of working methods and development of products
  • Share his/her own information and experience in the management of lending operations with other members of the team in order to enlarge the knowledge and competencies of the team

     

Value added, cost management and return on operations:

  • Ensure the quality and overall value added of lending operations; make sure that the financial terms set by the Bank match the risk profile and the type of operation, in order to protect the Bank's interest and ensure that operations are as cost efficient as possible in the given context and provide for the risk on an overall basis.

     

Qualifications

  • University degree, preferably in Finance/Economics or other relevant subject
  • A minimum of 5 years' of relevant experience in the financial sector, ideally with a focus on banks and bank-intermediated lending
  • Expertise in financial analysis and cash flow modelling as well as experience in credit risk assessment
  • Expertise in financial instruments, such as risk-sharing instruments, portfolio guarantees, etc
  • Expertise in SME finance, including familiarity with access to finance, technical assistance, etc
  • Excellent knowledge of written and spoken English or French (*) and a good command of the other.  Knowledge of languages of the region would be an asset.
     

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.

     

(*) 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 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