Two Graduates

**Two Graduates - Corporate Portfolio Management & Monitoring (infrastructure/Transport, Real Estate & Investment Goods)**- based in Luxembourg**

**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),**Counterparty Management**Department (CM), **Two Graduates - Corporate Portfolio Management & Monitoring (Infrastructure/Transport, Real Estate & Investment Goods)**.**

These are full-time positions.

The term of the contracts will be 2 years.
- Panel interviews are anticipated for October 2025_

**Purpose**:
Carry out regular monitoring of a portfolio of signed EIB Corporate lending operations, mainly through Financial Reviews of counterparts (borrowers or guarantors) and Contract Reviews (verification of contractual clauses and covenants), in order to contribute to an understanding of EIB exposure to risks and to identify breaches or contractual events. You will also identify, document and contribute to event resolutions for post-signature events, thereby ensuring the stability and solidity of the Bank's portfolio of outstanding loans, as well as supporting loan disbursements after first disbursement.

**Specific Post Environment**:
As part of the Bank’s First Line of Defence, PMM monitors counterparties 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 CM Department is responsible for the monitoring of Financial Institutions, Public Sector Entities & Sub-Sovereign Public Authorities, and Corporates across both EU and non-EU countries and plays an active role in the disbursement process of the lending contracts (excluding the first disbursement).

PMM/CM includes three Corporate Divisions (each composed of several Units), responsible for the coverage of the EIB’s corporate loan portfolio in the EU and outside, as borrowers, guarantors or underlying risk counterparts. The current vacancies are within the Infrastructure Division and the Transport, Real Estate & Investment Goods Division respectively.

To be noted that, under the Three Line of Defence structure, PMM has a First Line role, together with EIB’s Origination Directorates (Ops for EU and GLO for non-EU), and is in charge of handling all the existing business after the first disbursement.

**Operating Network**:
Reporting to a Head of Unit, you will interact internally with a wide range of 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 clients, counterparts, and other transaction stakeholders, such as shareholders, sponsors, external rating agencies, syndicated loan agencies, co-lenders, sector experts and other IFIs.

**Accountabilities**:

- Carry out, according to an agreed programme, reviews of corporate counterparts, assess their credit standing, and propose internal counterpart ratings and climate ratings
- Monitor the contracts of these counterparts in a proactive manner, review any guarantees in place and check the counterparts’ compliance with the protective clauses included in the loan documentation
- In case of non-compliance, and under the guidance of Senior Portfolio Monitoring Officers and/or the Head of Unit, report on and contribute to the resolution of contractual events (eg waivers and amendments requests) and actively participate in their implementation, working with colleagues in other EIB Directorates and with external co-financiers, under the necessary supervision as appropriate
- Under the guidance of Senior Portfolio Management Officers and/or the Head of Unit, handle client contacts, including organising and participating in financial monitoring visits to facilitate the monitoring process
- Perform ad hoc reviews, if necessary, in response to external market events to ensure that the Bank’s response is timely and appropriate
- Perform regular or ad hoc KYC due diligence checks, compliance checks and tax integrity checks
- Collaborate and coordinate activities with Origination, Credit, Legal and other Directorates/Divisions, in particular with the other Divisions in PMM/CM, the Joint Middle Office, and the Restructuring & Resolution teams to ensure alignment and proper implementation of procedures across the Bank
- Contribute to the Division’s regular reports on Early Warning Signals/Non-Performing Exposures to ensure proper views on the EIB’s portfolio and the risks it entails
- Check and, when necessary, upd