Disbursement Officer

il y a 2 semaines


Luxembourg, Luxembourg European Investment Bank Temps plein

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 is seeking to recruit for its Portfolio Management & Monitoring Directorate (PMM) - Joint Middle Office (JMO) - Disbursements Division (DISB) - Disbursements 3 Unit (DISB3) a
(Associate)
Disbursement Officer.**
This is a full time position at grade 4/5 for which the EIB offers a permanent contract.
- _internal benchmark: (Associate) Officer Financing Operations_

_ Panel interviews are anticipated for April 2024. _

Purpose:


As a Disbursement Officer you will coordinate the work of more junior colleagues managing the disbursement related activities of the geographical area either under our Operations (OPS), Global (GLO) or Portfolio Management and Monitoring (PMM) divisions responsibility.

Execute disbursement activities relating to loans, equity, Project Finance and/or Investment Grants, including preparation of indicative and firm quote requests, preparation and signing disbursement offers, handling revisions/conversions and reviewing and validating the CPs for disbursement.

Thereby ensuring the support to the client facing departments to achieve their yearly disbursement objective (COP) and 1st Line of Defence controls pertaining to disbursements.


Operating Network:


The Joint Middle Office (JMO) sits between the Operations (OPS), EIB Global (GLO) and Portfolio Monitoring and Management (PMM) Directorates.

The Disbursement Division is responsible for all Disbursement Middle Office activities, EU and Non-EU, and provides services to OPS, GLO and PMM.

You will cooperate closely with Client Facing Officers in OPS, GLO and PMM, as well as with colleagues in other Directorates in order to contribute to the efficiency, effectiveness and performance of disbursement functions and associated controls.

You will also have contacts with external promoters and borrowers.

Accountabilities:

Leadership role within the disbursement team for a specific geographical/sectorial area and reviews of existing processes to contribute to the successful digitalisation of the disbursement process:

  • Coordinate and manage the upcoming disbursement related activities in the team dedicated to a specific geographical/sectorial area and ensure overall quality of the processes within the team and for the external stakeholders (EIB clients);
  • Provide guidance, support and training to members of the disbursement team and ensure onboarding of new team members;
  • Identify necessary improvements of the existing processes and procedures as well as IT tools of the JMO Disbursement team;
  • Flag business issues to the Head of Unit (HoU) or the Head of Division (HoD) if and when they arise, in particular, any issues of increased operational risk and work out potential solutions;
  • Follow closely any developments regarding modulation guidelines and loan pricing; ensure that the rules are applied correctly in line with the modulation framework and pricing policy of the Bank; and coordinate the split responsibility for the disbursement related activity between OPS/GLO and PMM.

Control on the different steps of the disbursement process and ensure the correct execution of disbursement related activities:

  • Perform 4-eyes checks and quality controls on the RaSA quotations, offer letters sent to the borrowers, and Condition Precedents' documentation;
  • Sign Offer Letters; validate CPs for the ok to disburse and NOW instructions;
  • Manage all nonstandard operations; supervising more junior team members in all steps of the process;
  • Guide more junior team members in order to ensure timely, efficient and error free execution of disbursements, revisions and conversions;
  • Cooperate closely with OPS, GLO and PMM colleagues in charge of the relevant projects, as well as with other EIB services and keep up with a good communication and information flow and participate in meetings linked to the preparation of disbursement related activities;
  • Interface with borrowers and/or intermediary institutions to ensure the receipt of mandatory information needed for disbursement purposes or otherwise required in the Finance Contract; support team members in finding adequate solutions
  • Execute disbursement related activities and contribute to the smooth functioning of the disbursement team.

Provide support to the management to increase the value added of the JMO activities:

  • Represent the JMO disbursement team in working groups and participate in horizontal projects to improve the existing processes and foster implementation of new products;
  • Support the HoU and team members in addressing specific internal or external operational issues;
  • Contribute to the regular managerial reporting;
  • Review contracts or amendments at signature to ensure th

  • Disbursements Officers

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    _These positions are 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, is seeking to recruit for its Finance Directorate (FI), Planning and Settlements of...

  • Portfolio Management Officers

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank is seeking to recruit for its Portfolio Management and Monitoring Directorate (PMM)*, Counterparty Management Department (CM) at its headquarters in Luxembourg, (Senior) Portfolio Management Officers. **These are full-time positions at grade 5/- _New name following upcoming reorganisation._- **Internal benchmark: (Senior)...

  • Loan Officer

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank, is seeking to recruit for its EIB Global Directorate (GLO), International Partners Department (IP), Sub-Saharan Africa - Public Sector Division (SSA PUB SEC), East and Southern Africa Unit (E&S) at its headquarters in Luxembourg, an (Associate) Loan Officer.This is a full time position at grade 4/5 for which the EIB offers...

  • Paralegal Officer

    il y a 2 semaines


    Luxembourg, Luxembourg Arendt & Medernach Temps plein

    Arendt & Medernach is the leading independent business law firm in Luxembourg. The firm's international team of more than 400 legal professionals represents Luxembourg and foreign clients in all areas of Luxembourg business law from its main office in Luxembourg and representative offices in Hong Kong, London, New York and Paris.For a "Family Office" and...

  • Loan Administration Officer

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank is seeking to recruit for its Finance Directorate (FI), Planning and Settlement of Operations Department (PRO), Loan Administration & Reflows Division (LAR), Loan Administration Unit (LA) at its headquarters in Luxembourg, an (Associate) Loan Administration Officer.This is a full-time position at grade 4/5 for which the EIB...

  • Investment Officer

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank, Global Directorate (GLO), Equity & Microfinance Division (EQ&MF), Microfinance Unit (MF), at its headquarters in Luxembourg, an (Associate) Investment Officer .This is a full-time position at grade 4/5 for which the EIB offers a permanent contract.- _Internal benchmark: (Associate) Officer Lending Operations__ Panel...

  • Cash Flow Management Office

    il y a 7 heures


    Luxembourg, Luxembourg Manpower Luxembourg S.A. Temps plein

    MANPOWER Luxembourg SA recruits for one of its clients:Cash Flow Management Officer (M/W/X)Temporary missionResponsibilities: Management of cash flow relevant administrative activities under different product lines (e.g. processing draw-downs/repayments of Private Equity funds, guarantee calls and disbursement requests; preparation of cash flow forecasts or...


  • Luxembourg, Luxembourg Hays Luxembourg Temps plein

    Our client is a famous institution located in Kirchberg in Luxembourg. They are offering a temporary contract as a Cash flow management officer for an initial duration of 2 months (possibility to extend the contract after 2 months).The candidate is in charge of :Management of cash flow relevant administrative activities under different product lines (e.g....

  • Cash Flow Management Officer

    il y a 2 semaines


    Luxembourg, Luxembourg Spring Professional Temps plein

    Employment Type Full TimeCategory Banking & Financial ServicesExternal Reference A1H6M000007JZFHQAYClient Description:We currently recruit, for one of our clients, a key international banking institution :2 Cash Flow Management Officers.This is a temporary contract with a mission of up to 12 months.Responsibilities:As a Cash Flow Management Officer, you will...


  • Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank, is seeking to recruit for its Portfolio Management and Monitoring Directorate (PMM), Resource, Information, Coordination and Project Management Division (RICP), Coordination and Project Management Unit (CPM) at its headquarters in Luxembourg, a (Senior) Communication and Dashboard Creation Officer.This is a full time...


  • Luxembourg, Luxembourg Hays Luxembourg Temps plein

    Our client is a famous institution located in Kirchberg in Luxembourg. They are offering a temporary contract of 2 months with possibility of extension as a Portfolios & Liquidity Operations Officer (P&LO).The candidate is in charge of :Management of cash flow relevant administrative activities under different product lines (e.g. processing...

  • Lending Operations Officer

    il y a 2 semaines


    Luxembourg, Luxembourg RiverBank S.A. Temps plein

    Lending Operations AnalystCompany ProfileRiverBank's mission is to be the digital bank that makes financing to SMEs and Real Estate professionals easy.From our offices in Amsterdam, Paris and head-office in Luxembourg we act as a niche lending specialist. Our core focus is to grant loans to Small and Medium Enterprises and Real Estate Investors in Europe...

  • Chief Executive

    il y a 23 heures


    Luxembourg, Luxembourg SOFITEX Temps plein

    For one of our clients, a European Institution located in Luxembourg Kirchberg, Sofitex Talent is currently looking for a: Chief Executive / Deputy Chief Executive - Cash flow Management Officer (M/F)Reporting line: The incumbent(s) report to and work under the supervision of senior members of the P&LO DivisionResponsibilities: Management of cash flow...


  • Luxembourg, Luxembourg Arendt & Medernach Temps plein

    Arendt & Medernach is the leading independent business law firm in Luxembourg. For a Private Equity investment platform in the form of a registered AIFM we are looking for a :Senior Paralegal and Compliance OfficerBased in Luxembourg (Hamm)As part of team of 6 evolving in a dynamic financial and investor's environment run by experienced partners, you will...

  • Operational Assistant(S)

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank is seeking to recruit for its Portfolio Management & Monitoring Directorate (PMM), Counterparty Management Department (CM), Transport, Real Estate & Investment Goods Division (TRI) / Public Sector EU Division (PSEU) at its headquarters in Luxembourg, (Senior) Operational Assistant (s).These are full-time positions at grade...


  • Luxembourg, Luxembourg Vector Synergy Temps plein

    Location:Luxembourg, LuxembourgReference No:OPS/EGPF / LuxembourgIntroduction:EIB has developed over the past years a specific co-investment product, under which the EIB co-invests equity or quasi-equity alongside funds backed by the EIF or alongside various captive funds. It is a unique product, which can be structured under various mandates or the Bank's...


  • Luxembourg, Luxembourg LHH Temps plein

    We are looking for an international bank based in Kirchberg, a Cash Flow Management Officer for a temporary contract of 2 month minimum.LHH Recruitment Solutions offers extensive HR solutions through one unique brand. We are specialised in the employment of middle and top management and highly qualified professionals in contracting, temporary and permanent...

  • Technical Assistance Officer

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank, is seeking to recruit for its EIB Global Directorate (GLO), Consultant Procurement and Contract Management Unit (CPCM), at its headquarters in Luxembourg, a (Senior) Technical Assistance Officer .This is a full-time position at grade 5/6 for which the EIB offers a permanent contract.- _Internal benchmark (Senior)...

  • Cash Flow Management Officer

    il y a 2 semaines


    Luxembourg, Luxembourg Spring Professional Temps plein

    Employment Type Full TimeCategory Banking & Financial ServicesExternal Reference A1H6M000008SCGSQAELocation LuxembourgClient Description:We currently recruit, for one of our clients, a key international fund institution a Cash Flow Management Officer.This is a temporary contract with a mission of up to 12 months.The Professional Spirit that drives us forward...

  • Restructuring Officer

    il y a 2 semaines


    Luxembourg, Luxembourg European Investment Bank Temps plein

    The EIB, the European Union's bank, is seeking to recruit for its Portfolio Management and Monitoring Directorate (PMM), Transaction Management Department (TM), Restructuring & Resolutions Division (RR), Restructuring and Resolutions Banks Unit (RRB), at its headquarters in Luxembourg, an (Associate) Restructuring Officer.This is a full-time position at...