The EIB, the European Union's bank, is seeking to recruit for its Risk Management Directorate – Financial Risk Department – ALM & Market Risk Division – Quantitative Model Development Unit, at its headquarters in Luxembourg, a (Senior) Quantitative Officer (*). This is a full time position at grade 5/6.
Panel interviews are anticipated for early November 2020
The term of this contract will be 4 years.
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.
(*) internal benchmark: (Senior) Financial Risk Management Officer
Design, implement and adjust, when needed, quantitative models in domains relevant to the ALM and Market Risk Division, in line with the Bank’s financial risk policies and relevant best banking practices, regulations and EIBG’s evolving business requirements, in order to support RM’s analytical and policy functions relating to the Asset and Liability Management (ALM) of the Bank
Reporting to the Head of the Quantitative Model Implementation Unit, you will work closely with colleagues not only within Risk Management, but also in relevant Departments in Corporate Services, Finance, Lending, Financial Control, Information Technology, and, as the case may be, Internal Audit. You will also interact with peer institutions, consultancy and audit firms, supervisors and regulators for data, IT and risk management matters
Following the priorities set by the Head of Division, take the lead in developing and implementing quantitative models in domains relevant for the Division, such as:
Find out more about EIB core competencies here
(**) 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 (***).
(***) We particularly welcome applications from women and persons with disabilities.
By applying for this position you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorized disclosure of any information or any damage to the EIB Group reputation.
Deadline 16th October 2020