(Associate) Equity and / or Structured Finance Credit Risk Officer
European Investment Bank.
March 13, 2018
The EIB, the European Union's bank, is seeking to recruit for its Risk Management Directorate (RM) - Operations Department (OPE) - Structured Finance and Equity Division (SFE) – Structured Finance Unit (SFU), at its headquarters in Luxembourg, a:
(Associate) Equity and / or Structured Finance Credit Risk Officer This is a full-time position at grade 4/5 The term of this contract will be 4 years
Panel interviews are anticipated for end of April.
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.
The Structured Finance and Equity Division is currently looking for credit risk officers to be responsible for one or both of the following product areas:
1. Equity, equity funds and equity-type debt; and /or 2. Project finance / structured debt.
The successful candidate will provide independent credit opinions on new equity, quasi -equity, project finance and structured debt operations as well as on post signature events and restructuring proposals received from the front office and monitoring functions in the Bank. S/he will have responsibility for monitoring the credit quality of a portfolio of loans, in accordance with the Bank's guidelines and procedures. The role also involves review of legal documentation and contributions to internal rating methodologies and credit risk policies and procedures.
S/he will report to the relevant Head of Unit and Head of Division, and work in close cooperation with the other Division members. There will be extensive contacts with colleagues in Risk Management and other Directorates such as Front Office Lending, Legal, Portfolio Management and Restructuring.
The successful candidates are expected to work on several projects in parallel with a large degree of autonomy. Ability to analyse complex financing proposals and propose solutions is key. The role involves extensive interaction with colleagues in other Directorates for which strong interpersonal and communication skills are essential.
Independently assess the investment / credit risks of proposed operations, prepare credit opinions
and recommendations on such proposals and determine associated risk ratings and pricing (where applicable)
When necessary, advise colleagues in other departments with regard to credit / investment issues and risks
Comment and sign off on legal documentation from a credit standpoint
Give second opinions on key post signature events including restructurings
Contribute to the evolution of the Bank's credit and equity risk policies and the development of relevant methodologies and working tools
University degree, preferably in finance or a business related field. Post graduate education in a related subject would be an advantage
3 years of relevant professional experience
Prior credit risk management experience would be an advantage.
Candidates without direct credit risk experience, who have a sound understanding of investment / credit risks in the relevant areas will be considered.
Proficiency in reviewing and commenting on complex legal structures
Knowledge of standard computer tools
Excellent knowledge of English and/or French(*), with a good knowledge of the other. (Knowledge of other EU languages would be an advantage).
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