Banking and Finance Lawyer
The term of this contract is 4 years
The EIB offers fixed-term contracts of up to a maximum of 6 years, according to its business needs, with a possibility to convert to a permanent contract, subject to organisational requirements and individual performance.
This is a preliminary campaign used to create a reserve list for future vacancies in JU/OPS for Junior Legal Officers (Grade 4), Legal Officers (Grade 5) as well as Senior Legal Officers (Grade 6).
The Legal Department Operations (JU/OPS) consists of seven Operational Divisions: Central Europe / Eastern Neighbours & Central Asia (CE&ENCA), Spain and Portugal (ESPT), Baltic Sea (MB), Outside Europe (OEU), Restructuring, New Products & Fund Management (RNF), South East Europe (SEE), and Western Europe (WE).
- CE&ENCA covering legal operations within the EU in Germany, Czech Republic, Slovakia, Austria, Hungary, and outside the EU in the Eastern Neighbours region and Central Asia
- ESPT covering legal operations in these countries
- MB covering legal operations in Poland, EFTA countries, Scandinavia and Baltic States
- OEU covering legal operations in non-EU countries, including Mediterranean (Southern Neighbourhood), Africa, Caribbean, Pacific, Asia, Latin America
- RNF covering legal advice in relation to restructuring and distressed loans, new products implemented by the Bank as well as direct or indirect equity investments in- and outside the EU
- SEE covering legal operations in Italy, Malta, Slovenia, Croatia, Balkans, Greece, Bulgaria, Romania, Cyprus and Turkey
- WE covering legal operations in France, Benelux, United Kingdom and Ireland
The successful candidate will provide legal support to the operational directorates, carrying out work relating to all tasks within the relevant Division's remit.
The lawyer will act under the authority of the Head of Division, to which s/he will be assigned, in cooperation with the other lawyers of the Division and in accordance with the priorities established by the Head of Division (in coordination with the Head of Department).
The post may involve a certain amount of travel for negotiations and signatures of legal documentation and contracts.
The lawyer will carry out work related to all of the Division's responsibilities and work independently on lending and financing operations. The lawyer will draw up, as necessary, reports on completed transactions and prepare her/his own proposals when consulted on fundamental or unusual issues. S/he will:
- Draft and negotiate legal documentation for lending and financing operations for:
◦ projects in the countries the relevant Division is responsible for, notably bilateral loans with banking counterparts, public entities and major corporates
◦ PPP/ project finance operations, with the assistance from external legal counsels
◦ structured finance operations, including ABS and covered bond type operations
◦ other forms of financing, including risk – sharing structures, on funded and unfunded basis, equity and quasi-equity products (mezzanine and subordinated instruments, warrants)
This includes: advising on structuring, drafting of documents, legal advisory support, conclusion of contracts, completion of all related legal formalities, and legal monitoring (including loan restructuring and other post-signature events)
- Manage contacts and negotiations
- Prepare terms of reference for external counsel and other consultants, liaise and supervise their work, whenever necessary
- Complete the administrative formalities vis-à-vis clients
- Undertake research and conduct legal studies on issues of law arising in connection with the Bank's operations and in the context of developing new financial instruments
- Develop and maintain relationships within the Bank and represent EIB externally
- University degree in law, preferably at Master level
- Qualification or professional experience in both Common Law and Civil Law will be an advantage
- Significant experience in the drafting and negotiation of finance documentation
- Solid experience of bank lending and finance, project finance or PPP transactions and/or experience in public administrative law would be an advantage
- At least 3 to 5 years of post-qualification professional experience relevant for the job, in the field of bank lending and/or project finance, acquired with a law firm of international repute or the in-house legal department of a financial institution
- Very good 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
- Ability to analyse, summarise and solve problems
- Ability to develop innovative legal solutions
- Ability to draft documents rapidly and efficiently
- Good interpersonal and negotiation skills
- Ability to argue convincingly and achieve consensus among colleagues and third parties on legal matters
- Team player
- Good organisational skills, ability to prioritise, meet deadlines, ability to handle multiple assignments
(*) 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.
For more information and how to apply, please visit https://erecruitment.eib.org selecting Job ID 103752
Deadline for applications: 22nd January 2017
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.