Junior Professionals – based in Luxembourg - #870462

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support. The EIB, the European Union's bank, in the framework of its GRAD programme, is seeking to recruit for its Operations Directorate (OPS), transactional teams, at its headquarters in Luxembourg, Junior Professionals *.

• internal benchmark: Graduate
  
  

The term of this contract will be 3 years.

• Do you wish to work in the core activities of the largest multilateral financial institution and one of the largest providers of climate finance?
• Do you have a university degree in Business Administration, Banking, Accounting, Finance or Economics?
• Are you keen to kick-start your career in a multicultural, diverse, and dynamic environment?
• Do you want to join a vibrant community of peers from the EU and accession countries and work in Luxembourg?
  
  

If yes, please keep reading to find out how to apply your skills and knowledge in the EIB’s Operations Directorate (OPS).

What we offer

The successful candidates will have an opportunity to gain entry-level professional experience in the Operations Directorate with a strong focus on the groundwork of the Bank’s operations.

• A three-year contract with the EIB (with the possibility of renewal up to 4 years).
• An immersive learning experience with on-the-job training and a tailored, intensive training programme.
• The opportunity to rotate to gain and consolidate your skills in different business segments.
• A chance to work in a multicultural, diverse, and dynamic environment while retaining a good work-life balance.
  
  

Junior Professionals are offered a dedicated training programme. They will engage in intensive blended learning – on-the-job and in the classroom (or online) - working alongside more experienced colleagues.

Operating Network

The Operations Directorate (OPS) is the EIB’s client-facing directorate, responsible for the origination and execution of projects inside of the European Union and for delivering the bank’s business plan (“Operational Plan”) in line with priorities defined by its shareholders, the EU’s 27 Member States. In addition, OPS is responsible for the mobilisation and management of third-party funds (mandates) in support of EIB activities and coordinates and provides advisory services to project promoters and managing authorities receiving EU budgetary funds.

OPS is the Bank’s largest directorate, numbering around 760 staff, grouped in 10 departments, of which seven are transactional (Western Europe, Baltic States and Northern Europe, Central and South Eastern Europe, Iberia, Adriatic Sea, Financial Institutions, and Equity Growth Capital and Project Finance) and three have horizontal functions (Business Planning and Mandate Management, Operations Support and Advisory).

Accountabilities

Skills

As a Junior Professional in OPS, you will gain exposure to several of the Directorate’s key activities, according to business needs, your background, your skills, and your experience. Under the supervision of the Head of Division/Head of Unit and of other senior colleagues, you will support OPS’ related lending activities by:

• Assisting in the identification, appraisal, approval and closing of suitable projects to develop a portfolio of operations to support the relevant business plan.
• Drafting client briefings, reports, presentations and contributing to external communication and institutional events.
• Providing support to the team in implementing the day-to-day operations.
• Undertaking financial analysis and due diligence on projects to develop impact.
• Providing analytics, research or other professional support as required.
  
  

On occasion, you may have the opportunity to accompany senior colleagues in client-facing meetings and negotiations abroad.

Qualifications

• University degree (minimum an equivalent to a Bachelor) preferably in a relevant field of studies such as Business Administration, Accounting, Banking, Finance, Economics. A Master degree would be an advantage.
• No more than 2 years of prior professional experience on the day of your application, preferably gained in a financial institution, an international organization or a public or private entity in the field of banking, or finance.
• Experience in a lending environment will be considered as an asset.
• Knowledge or experience in financial analysis will be considered an advantage.
• Excellent drafting skills, analytical and synthesis skills.
• Proficiency in MS Office tools (Word, Excel, PowerPoint), with focus on Excel.
• Excellent knowledge of English and/or French (**), with a good command of the other
• For this specific campaign native-speaking level in the following languages: German; Dutch, Spanish, Danish, Swedish, Latvian, Lithuanian, Estonian and Finnish is an advantage.
  
  

Competencies

Find out more about EIB core competencies 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 [email protected] 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: 23rd May 2024