The EIB, the European Union's bank, is seeking for its Operations Directorate (OPS) - Baltic Sea and Northern Europe Department (BSNE) - Banks and Energy Utilities Division (BSNE-1) at its headquarters in Luxembourg: TRAINEE
Duration: 5 months (fixed start date: 01st March / April 2021)
(With possible extension up to 6 months if required by University)
Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries with which EU accession negotiations have started, can be considered (Albania, Montenegro, North Macedonia, Serbia and Turkey).
Please note that you are requested to limit your applications to a maximum of three traineeship publications. We will only consider and retain the first three applications submitted.
Disclaimer: In the context of the outbreak of Coronavirus, we would like to inform you that the traineeship might take place remotely until further notice. The situation may evolved, we will keep you informed of any modification through the entire recruitment process.
Objective of the traineeship
The objective of your traineeship is to provide analytic, background support to a team of lending experts in the division responsible for banks in Germany, Austria, Poland, the Baltic States as well as the Nordic countries (Denmark, Finland, Sweden as well as the EFTA countries Norway and Iceland). It is expected from you that you will collect and analyse market in the relevant markets. In addition, a data base for financial and contractual data should be built up.
Under the supervision of the Head of Division and senior colleagues, you will participate actively in the Division’s core activities. Your main tasks will be:
- Collecting external market data/ analysis of predefined sub-markets in close co-operation with loan officers;
- Assisting loan officers in the origination process (based on collected market data);
- Building a database base of (internal) financial and contractual data of the division's counterparts.
Academic qualifications and professional skills
- Final year of studies or University degree in Economics, Banking, Finance or similar studies;
- Good understanding of the public sector in at least one country of the Target Sector;
- Experience in carrying-out financial analyses, including SWOT and peer-group approaches;
- Ability to write credit-related documents (e.g. financial analysis, reports) in English;
- Proactive, dynamic, self-starter;
- Ability to analyze problems, identify key issues and suggest solutions;
- Flexibility and reliability, result orientation;
- Excellent knowledge of standard Microsoft Office tools (Word, Excel, and PowerPoint).
- Excellent knowledge of written and spoken English. Knowledge of German would be an advantage.
Find out more about EIB core competencies here: https://www.eib.org/en/about/careers/careers-competencies/index-test
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.
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 persons with disabilities.
Your application may be used for another campaign.
Please note that deadline for application is on the 26th November 2020.
More information on our EIB Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.html