(Senior) Loan Officer

The **EIB**, the European Union's bank is seeking to recruit for its EIB Global Directorate (GLO), Neighbouring Countries Department (NC), Public Sector South Division (1-PUB), Mashreq Unit (MSQ) at its headquarters in Luxembourg, a **(Senior) Loan Officer **. This is a full-time position at grade 5/6.
- _Internal benchmark: (Senior) Officer Lending Operations_

**The term of this contract will be 2 years; **_as this is a temporary replacement assignment, no extension or conversion of the contract is foreseen._**
- Panel interviews are anticipated for November-December._**_ _**

**Purpose**:
To identify, appraise, negotiate, and monitor EIB lending operations in the public sector in the region covered by the Division.

**Operating Network**:
Loan officer position with responsibility for activities related to identification, appraisal, negotiation, approval, disbursement, and follow-up of sovereign and sub-sovereign lending operations in Mashreq Region.

Challenges related to projects in non-EU countries.

**Accountabilities**:
Under the supervision and guidance of the Head of Division/Unit, and in conjunction with senior members of staff:

- Projects origination process_
- Track developments in and monitor his/her target market, develop, and maintain a network of contacts with promoters and borrowers and other MDBs/IFIs operating in the region and identify lending opportunities that best meet COP objective
- Lending process_
- Evaluate, at an early stage, the quality of potential projects and their chance of success, including where appropriate consultation with colleagues in the Portfolio Management & Monitoring (PMM), Projects (PJ), Risk Management and Legal (JU) Directorates in order to improve the effectiveness and efficiency of the appraisal process
- Lead and coordinate the lending process in cooperation with other Directorates
- Structure loan proposals, evaluate the feasibility, analyze project and financial risks, prepare reports and lending proposals in cooperation with the appraisal team
- Evaluate the needs for ancillary instruments, including blending with investment grants and technical assistance, and carry out the preparation, approval and implementation of such instruments in coordination with other colleagues involved in blending / technical assistance activities
- Negotiation of contracts_
- Negotiate terms and conditions of loan and other project documentation with promoter and other counterparts in coordination with JU, PJ and Risk Management Directorates
- Organise contract signatures and follow-up the ratification of contracts
- Disbursement and monitoring_
- Monitor the disbursement process and contractual compliance in close cooperation with the Middle Office, PMM and other teams involved. Follow-up developments of the projects (typically up to first disbursement), in coordination with PJ. Ensure, in line with applicable guidelines, a regular review of the financial position of counterparts/projects, of the KYC requirements, and contractual compliance in conjunction with PMM
- Carry out due diligence and, in the event of any restructuring and/or contractual modifications, negotiate (in liaison with PMM, RM and JU) in order to maintain the quality of the loan portfolio and ensure the effective implementation of the financed project
- Contribute to the Bank's operational strategy in the country(ies) of activity_
- Provide input in the strategy development process for lending, blending and advising activities in own domain with regard to the short, medium and long term in order to ensure that the overall lending strategy and policies are based upon practical needs and operational constraints
- Optimisation of operating tools and working methods_
- Innovate and suggest improvements of existing tools, systems and products in response to changes in the operational framework
- Ensure correct input of data concerning own area of activity into the management information system in order to contribute to the continuous improvement of working methods and product developments
- Value added, cost management and return on operations_
- Ensure the quality and overall value added of lending and monitoring activities; make sure that the financial terms set by the Bank match the risk profile and the type of operation, in order to protect the Bank's interest and ensure that operations are as cost efficient as possible in the given context and compensate for the credit/project risk associated with the transaction
- Management of teams and projects_
- Share his/her own information and experience in the management of lending operations with other members of the team in order to enlarge the knowledge and competencies of the team and ensure dissemination of best practices / case studies with colleagues in other Ops divisions and other relevant services

**Qualifications**:

- At least 5 years of relevant professional experience in an international organization or in the financial sector, structuring and exe