Loan Officer

il y a 4 semaines


Luxembourg, Luxembourg European Investment Bank (EIB) Temps plein

JOB DESCRIPTION

The EIB, the European Union's bank, is seeking to recruit for its Operations Directorate (OPS), Iberia Department (IBERIA), Corporates and Regulated Utilities Operations Division (2-CORP UT) at its headquarters in Luxembourg, an (Associate) Loan 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 interviews are anticipated for December 2023.

Purpose

As an (Associate) Loan Officer, you will join a team of experts where you will contribute to the development and execution of the Iberia-2 Division Business Plan, as well as provide support to senior colleagues in the Division through identifying and appraising operations according to EIB policies and procedures, aiming to contribute to EU Policy goals.

Operating Network

In this position, you will report to the Head of Division and cooperate closely with colleagues working both in the region and in the local office. You will also liaise and work closely with other Directorates within the Bank such as JU, RM, PJ and other Divisions within OPS, as well as liaising directly with external clients.

Accountabilities

In this post, cooperating with senior colleagues, you will:

  • Screen proposals and identify lending opportunities that best meet objectives.
  • Track developments and monitor the target markets.
  • Coordinate the lending process in cooperation with other Directorates.
  • Evaluate, at an early stage, the quality of potential projects and their chance of success, including where appropriate consultation with internal services in order to improve the effectiveness of the appraisal process.
  • Execute the structuring of loan proposals, evaluate their feasibility, draft reports and provide input to lending proposals in cooperation with the appraisal team.
  • Prepare financial analyses and Financial Notes of potential credit counterparts and credit reviews of existing ones.
  • Prepare internal approval documents and coordinate technical, legal, compliance, tax and credit due diligence.
  • Negotiate the terms and conditions of loan and other project documentation with promoters and other counterparts, in coordination with other relevant internal services.
  • Organise contract signatures and assist, as applicable, in the disbursement process.
  • According to prevailing rules and procedures, participate in the follow -up and possible re – negotiation of existing transactions in close cooperation with other services of the Bank, aiming to preserve credit quality in compliance with the standards and decisions of the Bank while maintaining customer relationships.
  • Innovate and suggest improvements to existing tools, systems and products in response to changes in the operational framework.
  • Ensure correct input of data relating to own area of activity into the management information system in order to contribute to the continuous improvement of working methods and development of products.
  • Ensure the quality and overall value added of lending operations by assessing market data on pricing and other traded or public loan information.
  • Stay abreast of developments in the Spanish corporate market and within the Bank relative to corporate lending and in particular on developments in the energy and telecom sectors, including regulatory updates.
Qualifications
  • University degree (minimum an equivalent to a Bachelor) preferably in Finance/Economics, Law or any business related subject.
  • At least 3 years of relevant professional experience in the banking or financial sector, preferably in long term lending.
  • Proven experience in financial analysis and cash flow modelling as well as experience in origination and credit risk assessment of operations would be an advantage.
  • Knowledge of the Bank's standard computer tools.
  • Excellent knowledge of English and/or French (*), with a good command of the other.
  • Excellent knowledge of Spanish.
Competencies

Find out more about EIB core competencies 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 are an equal opportunities employer, who believes that diversity is good for our people and our business. 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/identity, disability or neurodiversity.

Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team 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: 24th November 2023

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