The EIB, the European Union’s financial institution, is seeking to recruit for its Transaction Management and Restructuring Department (TMR) - Counterpart, Contract Monitoring & Review Division at its headquarters in Luxembourg:

Senior Banks/FIs Analyst

The European Investment Bank (EIB) is the long term financing institution of the European Union, investing in/lending to projects that further EU policy objectives. The EIB is based in Luxembourg, and is a self-financing and not-for-profit European Institution and bank.

The Transaction Management & Restructuring Department (TMR) is an autonomous department, proactively following the EIB loan book, post-signature, thereby enabling the EIB to act on post-signature events, and to protect its financial interests and reputation. The Counterpart, Contract Monitoring & Review Division (CMR) is responsible for the regular monitoring of Corporate and Bank/FI counterparts and associated contracts.

As the successful candidate, you will contribute to the EIB’s regular financial monitoring activity of Bank-guaranteed and Bank-intermediated transactions. 

Responsibilities

The overall remit of the role is to monitor an assigned portfolio of Bank/FI counterparts, through the performance of regular reviews, and to negotiate and implement the necessary follow up actions. More specifically, you will:

• Follow an agreed programme of regular reviews of Bank/FIs counterparts and contracts, to assess the credit standing of the EIB’s counterparts and their compliance with contracts

• Perform ad hoc reviews, as necessary, in response to external market activity

• Propose internal credit ratings for counterparts

• Closely follow the on-going developments in the Financial Services industry, and specific EIB counterparts in the sector

• Review security, assignments and guarantees

• Collaborate and coordinate activities with the other EIB Departments involved in the Lending process, notably: Credit Risk, Restructuring, Front Office and Legal

• Contribute to the CMR Division’s regular reports, flagging any Watch List cases for specific counterparts/operations

• Ensure that assigned counterparts comply with Credit Risk Policies and Guidelines, Management Committee approvals, and TMR procedures, liaising closely with the Credit Risk Department for any counterpart limit issues.

Qualifications

• University degree in a business related subject, preferably supplemented by post-graduate studies and/or training in financial analysis

• At least 5 years’ professional experience in the Credit assessment and/or rating of Banks/FIs, gained within a bank, other financial institution or rating agency. 

• Ability to assess contractual compliance and to address waivers and amendments of contractual clauses

• Good understanding of the EIB’s mission, policies, procedures, organisation and activities

• Excellent knowledge of English and/or French. Fluency in German, Portuguese or Spanish.

Competencies

• Ability to provide sound judgment on a variety of credit and legal issues

• Strong communication skills, both verbal and written

• Capacity to plan and organize her/his work

• Aptitude to deliver reviews and notes under time pressure

Applicants must be nationals of a European Union Member State or candidate countries with which EU accession negotiations have started.

The EIB offers attractive terms of employment and remuneration with a wide range of benefits. It is an Equal Opportunities Employer and particularly welcomes applications from women.

Applications will be treated in strictest confidence and will not be returned. Personal data is protected in accordance with Community regulations.