(Junior) Loan Officers (Entity: EIB – Job ID: 103408)

By European Investment Bank

Job ID: 103408
Entity: European Investment Bank
Deadline: Wednesday 14th September 2016

EIB Posting

The EIB, the European Union’s bank, is seeking to recruit for its Operations Directorate (OPS) – Global Partners Department (GP), at its headquarters in Luxembourg, a:

(Junior) Loan Officers

Vacancies are for professionals who will be expected to run customer relationships independently after working under supervision of Division Head and /or more senior staff

The posts are linked to the Cotonou Partnership

The term of the contracts will be 3 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.

Current vacancies in:

  • Public Sector Africa Division (GP-2)
  • Financial Sector Division (GP-4):
  • Corporates, Business Development and Implementation (GP-5)

Candidates may express a preference for (a) particular Division(s)/sector; however, successful candidates may be assigned to another role in the GP Department.

Purpose

To carry out EIB operations in the regions covered by the GP Department (i.e. Africa, Caribbean, Pacific, Asia and Latin America), taking end to end responsibility for their identification, appraisal, negotiation, approval and follow-up. To provide input to strategy development process for EIB public, financial or corporate sectors operations (depending on the Division) in assigned countries, in line with GP objectives and guidelines.

Specific Post Environment

Report to the respective Head of Division and cooperate closely with colleagues working in the Division, in the GP Department and OPS in general as well as in other parts of the Bank particularly with legal and risk management areas.

Accountabilities

  • Establish and develop business relations with specific customers and with other key external parties (e.g. other financial institutions, government representatives, EU institutions) in order to develop the project or lending portfolio and originate new operations, build cooperation and stay abreast of best practice
  • Take end to end responsibility for identifying suitable projects, appraising and structuring them, getting them approved and signed, including technical assistance where appropriate, in order to :
    • develop a portfolio of operations (loans/investments)
    • manage overall exposure or concentration of risk
    • ensure an adequate return in relation to the risks taken and the developmental objectives of the operation;
    • ensure that policies are consistently applied
  • Implement policies propose initiatives in lending or investment operations and make suggestions to improve key operational processes and improve the Division’s relationships
  • Provide input in the strategy development process for EIB operations in assigned countries, in line with the objectives and guidelines of the Bank’s External Mandates and/or of Cotonou

Qualifications

  • University degree, ideally in Finance/Economics or a business related discipline
  • Minimum of 3 years’ relevant experience in the banking, financial or development sector
  • Good knowledge of financial as well as proven experience in credit risk assessment
  • For GP-4: Good knowledge of cash flow analysis
  • Experience in working in developing countries or demonstrated interest in development would be a distinct advantage
  • Excellent knowledge of written and spoken English or French (*) and a good command of the other. Knowledge of Spanish or Portuguese would be an advantage.

Competencies

  • Teamwork
  • Takes a co-operative approach within the team, sharing knowledge and information. Seeks to promote harmony within the team and contributes to team processes.
  • Analysis and problem solving
  • Breaks down and analyses information effectively. Identifies the causes of problems and proposes realistic and practical solutions to address them.
  • Written and Oral communication
  • Communicates information orally or in a written format in a clear, concise and unambiguous manner. Structures the communication so that it holds the attention of the reader or audience. Produces clear and concise reports.
  • Planning/ Project Management
  • Plans work to meet defined objectives and complete specific transactions. Schedules in advance the steps and resources required in a task or project. Builds in contingencies.
  • Negotiation
  • Recognises the goals and objectives of different parties. Negotiates mutually acceptable solutions through compromise and creates ‘win-win’ situations.
  • Judgement and decision making
  • Exercises good judgement in making decisions, considering all the available sources of information and alternatives. Expresses clear and rational reasons for taking a decision.
  • Developing relationships
  • Easily establishes and develops effective and positive professional relationships with others, in particular with clients potentially at a senior level.
  • Willingness to travel across the GP regions

(*) 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

Deadline for applications: 14th of September 2016

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

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