The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate. Through the provision of financing and technical expertise for projects with a high social impact in its member states, it actively promotes social cohesion and strengthens social integration in Europe.
It participates in financing social projects, responds to emergency situations and contributes to improving the living conditions of the most disadvantaged population groups through three sectoral lines of action, namely:
- Sustainable and inclusive growth
- Integration of refugees, displaced persons and migrants
- Climate action: developing adaptation and mitigation measures
The incumbent will report to the Head of Credit Risk Unit and is responsible for the following tasks:
Credit risk analysis
- She/he will support the Credit Risk managers in managing credit and counterparty risk in order to propose to the respective Committees/Council limits per borrower/group/country/product in the context of financing of social projects in conformity with the CEB’s risk policy and social mandate.
- She/he will be involved in:
- Perform in-depth risk assessments of counterparties (Sovereigns, Regions, Local authorities, Financial Institutions, Corporate organizations or others) according to required methods, approaches and criteria (e.g. CAMELS: Capital adequacy, Asset quality, Management competence, Earnings ability, Liquidity risk, Sensitivity to market risk).
- Gather financial information, compare ratios, perform classifications, monitor daily and periodic financial and economic information and stay up to date with current developments
- Draw up recommendations on eligibility and limits on counterparties or groups of counterparties for the respective Committees, taking into account both the nature of the instruments or means involved (loans, guarantees, securities, etc.) and their maturities (short, medium, long term, etc.).
- Monitor exposures and check conformity of data
- Contribute to draft term and conditions of loan agreement
- Ensure that disbursements conditions are met in line with approved requirements
- If required participates in on-site due diligence with new potential borrowers
Credit risk monitoring and reporting
- Contribute to the workflow process of committees, projects, developing and updating templates, and monthly dashboard reporting
- Provide back-up for the Credit Risk Committee documentation
- Provide back-up for RO (risk tool) input
- Gather data to feed the country and banking system model
- Gather data and information on current events related to projects / counterparties
- Contribute to assessing borrowers’ financial profile and macroeconomic environment
- Assist in credit risk management reporting
More generally, the incumbent will collaborate in any other task that may be requested of him/her within the framework of the Directorate’s activity.
During the course of his/her contract, the incumbent might be called to travel abroad
The candidate must have a suitable higher education degree (Post-graduate studies) in finance, banking or applied economics
Professional background and technical skills:
- First post-training experience of at least 2 years in a financial institution, a consulting firm or in a multilateral development bank in a field focused on credit risk and financial risks analysis.
- Excellent writing and presentation skills
- Ability to maintain professional contacts with experts, consultants, and all kinds of stakeholders.
Proficiency in standard office applications including Word, Excel and PowerPoint. Experience in the use of specific IT solutions would be an asset.
The minimum requirement is fluency in one of the Bank’s two official languages (English/French) and a basic knowledge in the other. Knowledge of other languages spoken in the Bank’s Member States would be an asset.
- Client Orientation
- Result Orientation
- Team Work
For more information, please consult the CEB Competency Framework
Nationality: Citizen of one of the Bank’s Member States
1) Contract: the CEB offers an initial 4-year appointment (including a one-year probationary period), with, under certain conditions, the possibility of renewal
2) Grade and salary:
- Basic Annual Salary: € 57,734.76
For more information, please consult the CEB Basic Salary Scale in section 5. Benefits of the CEB website
As an international organisation, the CEB enjoys a special status which means that our staff members receive their salaries free of income tax. In addition to this, our offer includes allowances* and medical and personal insurance. All of our staff members benefit from a generous contributory pension plan which provides them with either a pension or a leaving allowance.
*Benefits determined by the candidate's personal situation:
- basic family allowance
- dependent child supplement
- one additional monthly dependent child supplement for a single-parent family
- supplement for a disabled and dependent parent subject to certain conditions
- supplements for a disabled or severely disabled child subject to certain conditions
- education allowance (children) for expatriate staff members
- installation allowance and reimbursement of travel and removal expenses subject to certain conditions
Deadline for applications: 15 November 2019
For more information on how to apply, please click the ‘Apply’ button.