Edition spéciale IT - Informatique - Télécoms - Métiers du web du 24 mai au 21 juin 2019
The EIB, the European Union's bank, is seeking to recruit for its Operations Directorate (Ops) – Equity New Products and Special Transactions – Intermediated Finance for Micro, Small and Medium Enterprises Division (ENPST-4) – Structured Finance Unit, at its headquarters in Luxembourg, a:
(Senior) Loan Officer – Structured Finance
This is a full time position at grade 5/6
The term of this contract will be until 31.12.2020 – position linked to the InnovFin Mandate
Panel interviews are anticipated for beginning of July 2018.
The Intermediated Finance for MSME Division is part of the ENPST Department, focusing on the implementation and development of financial products for the purposes of delivering EIB lending activities via intermediary financial partners (banks, funds, platforms) and structures (guarantees, loans, (mini)bonds, loan substitutes, portfolio/pool tranching/enhancement/purchase). Intermediated and structured finance products are key means for the delivery of current EIB and EC initiatives such as Innovfin and the Investment Plan for Europe (through the European Fund for Strategic Investments "EFSI").
The Structured Finance Unit is responsible for the centralized coordination and support to EIB Geographical lending divisions for the InnovFin Mid-Cap Guarantee product (MCG), and plays an active role in financial product development of EFSI Risk Sharing instruments with EIB financial partners (guarantees and contingent loans under full or partial delegation to the Intermediaries). In addition the Unit also focuses on EFSI projects in the areas of (i) new Structured Finance product development for SME and MidCap intermediated products, (ii) implementation of Investment Platforms under EFSI, (iii) non-granular Asset Backed Securities and Debt Funds, and (iv) other risk sharing products.
Reports to the Head of Unit and to the Head of Division, and cooperates closely with colleagues working in the Division and in other horizontal and geographical departments within Ops, and also within other Directorates e.g. Risk Management (RM), Legal (JU), Projects (PJ), Transaction Management and Restructuring (TMR) and Finance/Funding (FI).
InnovFin MidCap Guarantee (MCG):
Risk sharing support (including MCG):
To the extent possible and when workload under the MCG initiative will allow for it, the (Senior) Loan Officer will also be responsible for the following tasks:
New Product Development:
Structured Finance product origination, appraisal, and negotiation:
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 are an equal opportunity employer, who believes that diversity is good for our people and our business. As such, we promote the inclusion of suitably qualified and experienced staff without regard to their gender, age, racial or ethnic origin, religion or beliefs, sexual orientation/identity, or disability (*).