The EIB, the European Union's bank, is seeking to recruit for its Secretariat General (SG) at its headquarters in Luxembourg, a (Senior) Supervisory Reviewer. This is a full-time position at grade 5/6.
The term of this contract will be 4 years.
Panel interviews are anticipated for end of July
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.
Specific Post Environment
The governing bodies of the EIB have decided to strengthen the supervisory role and capacity of the Audit Committee (AC), and to follow a specific “EIB-Review and Evaluation Process (EIB REP)” based on the four pillars of the EBA SREP Guidelines1. The EIB REP approach and methodology will be adapted according to the current “Best Banking Practices Framework and the Best Banking Practices Guiding Principles of the EIB”. The Audit Committee will be supported by a dedicated EIB REP team with specific knowledge, skills and experience in banking supervision, composed of EIB staff and seconded supervisory experts.
The key purpose of the “EIB-Review and Evaluation Process (EIB REP)” is to ensure, through assessment, that the EIB Group has adequate arrangements, strategies, processes and mechanisms, as well as capital and liquidity, to provide sound management and coverage of the risks to which it is or might be exposed, including those revealed by stress testing. The EIB REP team will be tasked with (a) proposing an EIB-tailored methodology and approach for an EIB review and evaluation process, for consultation and agreement with the responsible EIB governance bodies, and (b) the implementation of the methodology on an annual basis thereafter.
As (Senior) Supervisory Reviewer (Officer), you will develop, maintain and execute the supervisory methodologies, standards and procedures for the EIB REP across EIB Group. The role will also require close collaboration and co-ordination with the work of other team members, including the external supervisory secondees.
You will be reporting to the Director EIB REP (currently being temporarily filled by the Deputy Director General) and work in close collaboration with the members of the EIB REP team.
You will request and exchange information with senior executives and (senior) management across the EIB Group during prudential missions and reporting.
You will have external contact with ECB and / or EBA on methodological developments of the EIB REP process.
Contribute to the definition, implementation and enhancement of the EIB REP methodology, standards and procedures. Depending on make-up of the team and priorities, focus on one or more of the following areas:
To be successful you will need:
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: Friday, 10th July 2020
(*). We particularly welcome applications from women and persons with disabilities.