The EIB, the European Union's bank, is seeking to recruit for its Operations Directorate (OPS) - Global Partners (GP) - Public Sector Africa Division (GP-2) , at its headquarters in Luxembourg, a:
(Senior) Loan Officer
This is a full time position at grade 5/6
This post is linked to the Cotonou Partnership
The term of this contract will be until December 2020
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.
To carry out EIB operations in Africa in order to finance projects that support EU development and cooperation policies outside the European Union taking end to end responsibility for their identification, appraisal, negotiation, approval and follow-up up to and including first disbursement. To provide input to the strategy development process for EIB public sector operations and country relation strategy in assigned countries, in line with GP objectives and guidelines.
Reports to the Head of GP-2 Division and cooperates closely with colleagues working in the Division including those in the external offices of relevance to the work and with colleagues in other parts of the Operations Directorate, as well as those notably in Legal (JU), Projects (PJ), Risk Management (RM), Finance (FI), Inspectorate General (IG), Transaction Management and Restructuring (TMR) and Compliance (OCCO).
- Take end to end responsibility for the identification, appraisal approval and signature of suitable projects in order to develop a portfolio of operations (loans/investments) in line with the Bank's objectives and guidelines, and ensure the consistent application of EIB policies and procedures
- Establish and develop business relations with key external parties (e.g. promoters, financial institutions, government representatives, local authorities, other EU institutions, etc.) in order to develop the project portfolio and acquire new operations, build co-operation and stay abreast of best practice
- Autonomously implement policies and propose initiatives in investment operations and make suggestions to improve key operational processes
- 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 in general and for the GP region in particular
- Provide guidance to more junior colleagues in the performance of their tasks according to specific needs.
- University degree in Finance/Economics or a business related discipline.
- Minimum five years relevant experience in the banking, financial or development sector.
- Good knowledge of financial analysis, as well as proven experience in credit risk assessment and financial modelling.
- Knowledge of processes and procedures related to the administration, control and monitoring of lending operations in the context of Development Finance.
- Knowledge and work experience with the region would be an advantage.
- Good knowledge of standard computer tools.
- Good command of French and excellent spoken and written skills of French (*) and/ or English; knowledge of Portuguese would be an asset.
- 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.