The EIB, the European Union's bank, is seeking to recruit for its Finance Directorate (FI), Treasury Department (TRES), Financial Engineering and Advisory Services Division (IFSC) at its headquarters in Luxembourg, a (Senior) Quantitative Officer - Financial Engineer. This is a full time position at grade 5/6.
The term of this contract will be 4 years.
Panel interviews are anticipated for January 2021.
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 organizational requirements and individual performance.
The Division supports the lending activity of the Bank by providing services on the pricing and hedging of lending-related products. The jobholder will contribute to this role by working towards achieving the following objectives: develop price models using the internal loan pricing application RASA and provide continuous support and guidance on the Bank’s quantitative matters (e.g. pricing models for new products). These would also entail further maintenance of RASA and participation in the pricing and rate quotation activity of the Bank.
As (Senior) Quantitative Officer - Financial Engineer (internally referred to us (Senior) Loan Pricing and Product Development Officer), you will report to the Head of Division and work in close collaboration with other quantitative analysts and Division members.
You will be in contact with Risk Management (RM), others FI divisions and IT Department. Moreover you will also interact with other parts of the Bank, like Lending and Restructuring Directorates and, occasionally, with the Legal Directorate and Internal Audit. Externally, you will be in touch with financial market counterparts for new lending product development and provision of rate quotations for existing structured products.
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 (*).
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 for applications: 7th December 2020
(*). We particularly welcome applications from women and persons with disabilities.