Quantitative Analyst(S)/manager(S)

**EIF Posting**:
The **European Investment Fund** **(EIF)** is seeking to recruit for its **Investment Office** **(IO) - Central Front Office Services (CFOS) - Business Support Division** at its headquarters in Luxembourg, several **Quantitative Analyst(s)**. This is a full-time position (travel not required) at grade 4/5 for which the EIF offers a permanent contract.
- _internal benchmark_: Analyst

This is a generic campaign in the view of addressing both current vacancies and to a create reserve list for future vacancies. Retention of the reserve list will be for a maximum period of 18 months.

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Panel interviews via video-conference are anticipated for January/February 2025._**

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EIF Purpose_**

Part of the EIB Group, the mission of the European Investment Fund (EIF) is to improve access to finance for SMEs and small mid-caps in Europe. We do this by supporting emerging and established fund managers with equity investments and by designing debt financing instruments that share the risk taken by financial institutions when they lend to or invest in small businesses. We bring this support closer to entrepreneurs through our extensive network of partners and financial intermediaries in all EU Member States and associated countries.

**_ Operating network_**

**_ Responsibilities_**

At a level commensurate with your experience and seniority, you will:

- Support Front Office Execution: Collaborate closely with the front office execution team during the due diligence process, offering quantitative analysis on new private equity transactions and structured equity investments, focusing on equity investment structures, credit risk, and valuation models;
- Quantitative Modeling and Risk Analysis: Engage with the quant modeling team, providing support during interactions with Risk Management to establish and review equity investment models, stress testing, and valuation methodologies, ensuring compliance and alignment with financial models and standards;
- Portfolio Assessment and Model Maintenance: Conduct periodic assessments of investment portfolios, run simulations, and update models to reflect changing market conditions, private equity performance, and portfolio adjustments;
- Improve and maintain the implementation of in-house simulation tools, models and other existing tools;
- Assist in the conceptual design of the model core, new analytics tools and testing the quantitative methodology with a view to create a best-in-class implementation;
- Develop quantitative scripts and tools to enhance productivity;
- Utilize data mining and machine learning techniques to derive business insights and support decision-making processes;
- Ensure proper documentation in English of the implemented quantitative analytics, financial models and methodology;
- Provide technical guidance and support on quantitative questions and system implementations;
- Support colleagues from various teams across the Division on quantitative/programming matters;
- Keep abreast of the evolution of market practice for equity and credit portfolio analytics

**_ Qualifications_**
- At least three (3) and no more than five (5) years of **post-graduation** (after having obtained your initial university diploma) relevant professional experience **at the same level of responsibility** in the financial sector;
- Advanced degree (master’s or higher) in Financial Engineering, Mathematics, Data Science, Computer Science, Statistics, or a related field, with an emphasis on quantitative methods;
- Proficiency in quant modeling, using tools such as VBA, Advanced Excel, Python. Experience with Python is mandatory;
- Any - or combination - of the following would be considered an advantage:

- Strong quantitative and programming skills as well as knowledge and understanding of quantitative models
- Knowledge of object-oriented programming
- Experience/exposure to data science and/or familiarity with SQL database queries
- Exposure to equity and credit-related products
- Understanding of EIF’s operational framework
- Fluency in written and oral English. Knowledge of other EU languages would be an advantage.

**_ Competencies_**
- Diligent, dependable and determined;
- Willingness to develop expert knowledge in the field of private equity and credit risk;
- Strong analytical skills and precision (detail focus) especially when assessing data;
- Tenacity in seeking insights and solutions;
- Teamwork oriented with excellent interpersonal skills and ease in dealing with internal and external counterparties;
- Good oral and written communication skills, including synthesis;
- Ability to work on several projects both independently and in a multi-cultural team, with an aptitude for close co-operation and co-ordination, in a front office environment;
- Sense of responsibility, organization and initiative.