This position is based at our Luxembourg headquarters and require regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.

The EIB, the European Union's bank, is seeking to recruit for its Finance Directorate (FI) – Strategy, Policies & Business Support Department (SPBS) – Financial Policies & Methodologies Division (FPM) and Systems & Data Management Division (SDM), at its headquarters in Luxembourg: TRAINEE

Duration: 5 months (fixed start date: 1st March/April 2025)

(With possible extension up to 6 months if required by University)

Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries that have been officially granted candidate status to join the EU, can be considered (Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Turkey and Ukraine).

Please note that applications from students under the Erasmus+ programme cannot be considered.

Please note that you are requested to limit your applications to a maximum of three traineeship publications. We will only consider and retain the first three applications submitted.

Objective of the traineeship

The objective is to provide you with practical experience in the Financial Policies and with valuable insight into the impact of regulatory changes.

Key Learning Areas:

• Exposure to regulatory developments, including key regulations, industry standards, and best banking practices.
• Understanding how these regulations affect the bank’s operations.

Your tasks:

• Sourcing weekly regulatory updates.
• Filtering and selecting relevant information.

• Preparing clear summaries for internal stakeholders.

Responsibilities

Your main responsibilities will be to:

• Conduct weekly monitoring of regulatory updates.

• Identify key regulatory developments and prepare summaries for internal stakeholders.

• Assist in updating the Contingency Funding Plan.

• Ensure accuracy of financial data related to covered bond programs.

• Collaborate with team members and perform tasks under the supervision of FPM (Financial Policies and Methodologies) and SDM (Systems and Data Management) Officers, contributing to regulatory and financial activities.

Academic qualifications and professional skills

• Final year of studies or University degree in Finance, Business Administration, Economics, or related fields.

• Strong ability to draft documents in English.

• Ability to quickly grasp new information and understand both regulatory and operational implications.

• Knowledge of financial instruments such as fixed-income securities, is an advantage.

• Proficiency in Excel is a plus.

• Collaborative team player with strong interpersonal skills.

• Patience and interest in reading and analyzing financial regulatory documents.

• Excellent knowledge of written and spoken English. Knowledge of other EU languages would be an advantgage.

Competencies

Find out more about EIB core competencies here

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 unauthorized disclosure of any information or any damage to the EIB Group reputation.

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 Traineeship Recruitment team hr_traineeship_recruitment@eib.org who will ensure that your request is handled.

Your application may be used for another campaign.

Please note that deadline for application is on the 27th November 2024.

More information on our EIB Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.htm

#LI-POST