Financial Policy Officer - based in Luxembourg

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.

The EIB , the European Union's bank, is seeking to recruit for its Finance Directorate (FI), Strategy, Policies & Business Support Department (SPBS), Financial Policies & Methodologies Division (FPM) at its headquarters in Luxembourg, a Financial Policy Officer*.

• internal benchmark Officer Financial Risk Management

Panel interviews are anticipated for September/October. Purpose

You will provide research, analysis and advice on best banking practices related to Finance Directorate’s activities and to the first line financial risks in order to contribute to policy decision-making in FI.

Operating Network

The Financial Policies & Methodologies (FPM) Division, within the Strategy Policies and Business Support Department (SPBS), provides FI management with methodologies and analysis supporting a wide range of strategic decisions. You will report to the Head of Division and will work in close collaboration with the other members of the team, strengthening the analytical and policy functions of the Division. The candidate should demonstrate proactivity, flexibility and a capacity to work autonomously. You will also have frequent interactions with colleagues in other FI Departments and in other Directorates (in particular Risk Management, Legal, Financial Control).

Accountabilities

STRATEGY/POLICY DEVELOPMENT

• Monitor developments in regulations and supervisory guidelines impacting the Bank in general and FI in particular and analyse and advise on the consequences of such developments for the Bank, in collaboration with other services.
• Contribute to the design, testing, implementation and revision of financial policies related to FI activities (treasury, capital markets and back-office) and to the financial management and financial risks managed in 1st line by the FI directorate (interest rate, FX, market, liquidity and counterparty credit risks). Examples of subjects typically include issues related to:

• Assets & Liability Management.
• Fund Transfer Pricing.
• Liquidity and treasury management (overall and by currency).
• Funding strategy.
• Economic and regulatory capital related to exposures managed by FI.

• Actively follow best banking practices, industry practices and practices of other international financial institutions (IFIs) and multilateral development banks (MDBs) in above-mentioned areas.
• Formulate recommendations to FI management.
• Perform financial analysis and impact assessment studies related to the relevant policy proposals, to support discussion points in permanent committees (e.g. ALCO) and working groups.
• Contribute to Bank-wide initiatives such as the updates of the ILAAP, liquidity contingency planning, ICAAP, risk appetite framework, recovery planning, stress testing, pillar 3 report, etc.
• Prepare notes and briefings on financial policies and regulatory developments for FI management, in co-operation with team members and other relevant teams.
• Coordinate the organisation of the Regulatory Committee (REGCOM).

INTERNAL/EXTERNAL RELATIONS

• Develop constructive working relations within the Finance Directorate in order to ensure effective internal co-operation and communication.
• Represent the Finance Directorate in inter-directorates working groups.
• Maintain relationships with key stakeholders at European institutions and represent the Bank in selected working groups.

Qualifications

• University degree (minimum an equivalent to a Bachelor) preferably in Finance, Economics, Business Administration or Law.
• At least 5 years of relevant professional experience acquired preferably in a major financial institution, a consultancy firm, a centra