The EIB, the European Union’s bank, is seeking to recruit for its Operations Directorate, Business Planning & Mandate Management Department, Mandate Development Division, EC Mandates Unit, at its headquarters in Luxembourg, a (Senior) Mandate Officer / Contract Negotiation *.

This is a full-time position at grade 5/6 for which the EIB offers a permanent contract.

*Internal benchmark: (Senior) Officer Mandate Management

Panel interviews are anticipated for mid October 2023.

Purpose

As a (Senior) Mandate Officer / Contract Negotiation, you will join a team of experts, where you will contribute to the origination and design of both future and existing mandates, aiming to align the identification of business needs and opportunities related to EU mandates.

The Business Planning and Mandate Management Department ensures that 3rd party funds, which are contributed to the EIB via a “mandate”, are managed effectively and allocated to projects contributing to the objectives of the donors or “mandators”. The Mandate Development Division is responsible for the origination and structuring of mandates, as well as an overall oversight of the mandate portfolio managed by the EIB.

Operating Network

In this position, you will report to the Head of Unit and work in close cooperation with the other members of the Mandate Development Division. You will also regularly cooperate with colleagues in the Mandate Management Department as well as in other services of the EIB Group, working on mandate-related activities. Externally, you will liaise with mandators such as the European Commission, as well as with other stakeholders such as NPBIs.

Accountabilities

In this post, you will:

• Negotiate guarantee, funding or other agreements with the European Commission or other mandators.
• Participate in discussions with regulators regarding proposed changes to EU budgetary and other regulations (e.g. Financial Regulation, InvestEU Regulation), as well as assess the impact of new regulations on the EIB’s mandates.
• Provide early-stage structuring advice on the design of new mandates, as well as to develop deal structures, term sheets and concepts for contractual agreements with the mandators.
• Represent EIB and help organise promotional events and fundraising for new mandates (including for top-ups of InvestEU thematic financial products).
• Raise awareness on the new mandates under development by delivering presentations and workshops (including “loan officer workshops”), preparing briefings and other documentation.
• Advise on horizontal issues affecting multiple mandates (e.g. duty of care, business impact, tax avoidance, conflict of interest, etc.) and liaise with the relevant services in the EIB Group.
• Design or adjust the processes and procedures to govern the delivery of a mandate.
• Maintain constructive relationships with internal and external stakeholders, including the European Commission and NPBIs.
• Provide coaching and support to less experienced colleagues, so to increase their knowledge in the field of mandate development, as well as to increase the efficiency and quality of the work carried out by the Unit.

Qualifications

• Master’s degree in law, finance, economics, or another relevant subject. Postgraduate studies or professional qualifications or certifications (e.g. LL.M., CFA) would be an advantage.
• At least 5 years of relevant professional experience in an international law firm or an international financial organisation, preferably in a role of structuring and negotiating transactions in the field of structured finance (e.g. CDO), project finance, high yield or sub-investment grade debt, mezzanine financing, venture debt or venture capital.
• Significant experience in the negotiation of finance or fund contracts in English.
• Experience in the framework of the EU budget and EU policies and familiarity with EIB Group or lending operations would be an advantage
• Excellent knowledge of English and/or French (*), with a good command of the other. Knowledge of other EU languages would be an advantage.

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 [email protected] 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: 8^th September 2023

#LI-POST