This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.
The EIB, the European Union's bank, in the framework of its GRAD programme, is seeking to recruit for its Portfolio Management & Monitoring Directorate (PMM), Transaction Management Department (TM), Equity & Growth Capital Division (EGC), at its headquarters in Luxembourg, two Graduates – Equity & Growth Capital Portfolio Management.
These are full-time positions. The term of the contracts will be 2 years.
Panel interviews are anticipated for April 2025.
Purpose
Under the supervision of the respective Head of Unit, you will perform a broad range of activities in support of the monitoring of the Bank’s equity portfolios, in particular the venture debt portfolio managed by the Division. You will support more senior officers in carrying out investment management tasks including financial analysis, valuations, internal and external report and correspondence preparation, communication with clients and maintenance of a monitoring database for the team’s venture debt portfolio.
Post specific environment
As part of the Bank’s First Line of Defence, PMM monitors counterparts and financial contracts and acts on contractual events under its responsibility, as well as on distressed transactions in order to protect the EIB’s financial interest and reputation.
The TM Department is responsible for client relationship management (starting from the handover from the Origination team following first disbursement), financial monitoring, post signature event resolution, divestment, and restructuring of the Bank’s EU and non-EU loan and equity-type portfolios.
The Equity & Growth Capital Division is responsible for Venture Debt monitoring….? It comprises 2 Units: the Quasi-Equity Life Science & Biotech Unit (QE-LSB) and the Quasi-Equity Clean Teach, Industry and Digital Unit (QE-CTID),
There is a Graduate vacancy in each of these Units.
Operating Network
Reporting to a Head of Unit, you will work closely with Investment Monitoring Officers on assigned investment management responsibilities and other tasks, on an ad-hoc basis.
You will interact internally with colleagues most notably in Origination, Legal, Credit, Compliance, and our internal Engineering/Economics teams, as well as in the Joint Middle Office, for disbursements. With the support and guidance of the Head of Unit and more senior colleagues, you will also have contact with external counterparts and other transaction stakeholders.
Accountabilities
Support the client facing investment officers of the Division:in the monitoring activities of their portfolio of operations (following up on the delivery and review of the financial statements received from borrowers, preparing financial analysis and related counterparty reviews, including review of scoring and KYC updates)in the management of post signature events (performing analysis of proposals for changes / decisions, which are put forward by borrowers for discussion / decision of the Bank. Such analysis may include: (i) financial reviews and (ii) reviews of legal documentation and (iii) result in formulation and processing / implementing internally event resolutions Support Valuation and Reporting activities: keeping the systems updatedensuring that all information necessary for the preparation of the regular and annual valuation of the portfolio companies is provided in time and is consistentAssist in the analysis of information, the preparation of valuations, and counterparty coverage related activitiesParticipate in meetings with the Bank’s counterparts (e.g. clients, co-investors,) under the supervision of the responsible investment management officerEnsure timely and quality outputParticipate in periodic or ad hoc reporting and analysis produced by the Division in respect of its portfolioCollaborate closely with peers and managers towards the team’s common goals
Qualifications
University degree (minimum an equivalent to a Bachelor), preferably in Business Administration, Finance, Economics or Law and supplemented by post-graduate studies and/or relevant training in financial sector analysisA maximum of 2 years of work experience (excluding internships of less than 9 months) since your most recent graduation. Practical experience in line with the role and/or highly related academic studies would be preferredKnowledge of financial analysis Understanding of the EIB mission and activities as well as the operating and political framework in which the Bank operates. Previous EIB exposure will be an advantage.Proficiency in MS Office Tools (Word, Excel, Outlook, PowerPoint)Excellent knowledge of English and/or French (*), with a good command of the other. Knowledge of other EU languages would be an advantage.
Competencies
Find more about EIB core competencies here
To find out more about our eligibility criteria click here
(*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.
We hire and value talent with unique characteristics, creating a work environment where they can be themselves. We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation, disability or neurodiversity.
We strongly invite applicants with a disability, neurodivergent profile or chronic condition to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team Jobs@eib.org who will ensure that your request is handled.
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 unauthorised disclosure of any information or any damage to the EIB Group reputation.
Deadline for applications: 13th March 2025