Loan Officer / Corporate Banker recruitment
The EIB, the European Union's bank, is seeking to recruit for its Directorate for Lending Operations in Europe (OpsA) - Central Europe Department (CE) - Austria, Czech Republic, Hungary, Slovakia - Banks Corporates Division (4-ATCZHUSK BCORP) at its headquarters in Luxembourg, a :
Loan Officer/Corporate Banker
Appointment will be made on the basis of a 6 month fixed term contract
Purpose
The loan officer will identify, appraise, negotiate and monitor lending operations in any of the four countries of operation, according to EIB policies and procedures and with the objective to contribute to EU Policy goals, in line with the agreed strategy and with the Division Business Plan targets
Operating Network
Reports to the Head of Division and cooperates closely with colleagues working in the region
Accountabilities
Under the supervision of the Head of Division and the guidance of Senior Loan Officers, the main focus will be on:
Projects origination process:
- Contribute to tracking developments and monitoring target markets, supporting the development and maintenance of a network of promoters, borrowers and financial institutions, helping screen proposals and identifying lending opportunities in order to develop the projects portfolio and acquire new operations
Lending process:
- Evaluate, at an early stage, the quality of potential projects and their chance of success, by consulting where appropriate with PJ, RM and JU
- Help lead and coordinate the lending process in cooperation with other directorates. Undertake the financial analysis of projects and/or counterparts, contribute to the structuring of the financing plan, draft financial reports and lending proposals in cooperation with the appraisal team, in order to evaluate the feasibility and the risk of the lending operation and be responsible for the approval process on selected operations
- Ensure that the loan financial terms match the transaction's risk profile and type, so that each transaction generates income contributing to covering cost and providing for risk to the extent possible
Negotiation of contracts:
- Negotiate legal documentation with promoters/borrowers and other counterparts in coordination with JU and RM and organise contract signatures
Disbursement and monitoring:
- Monitor the disbursement process and fulfilment of conditions. Follow up developments of the project, in coordination with PJ. Ensure, in line with applicable guidelines, a regular review of the financial position of counterparts and of project implementation including compliance with contractual provisions
- Carry out due diligence and, in the event of any restructuring and/or contractual modifications, conduct negotiations in liaison with RM and JU in order to maintain the quality of the loan portfolio and ensure the effective implementation of the financed projects
Optimisation of operating tools and working methods:
- Innovate and suggest improvements to existing tools, systems and products in order to contribute to the continuous improvement of working methods and the development of products and monitoring activities. Ensure correct input of data concerning own area of activity into the management information system
Qualifications
- University degree, preferably in Finance, Economics or a related subject
- Minimum 3 years' experience in the financial sector, preferably in long term lending
- Excellent knowledge of financial analysis as well as experience in credit risk assessment
- Knowledge of standard computer tools
- Very good knowledge of English and/or French and a good command of the other (*). Knowledge of language(s) from the countries of operation, in particular German, would be an advantage
Competencies
- Good team worker
- Sound analytical skills (including financial modelling) and ability to make well-founded judgements
- Ability to produce clear and concise reports
- Ability to work under time pressure
- Strong interpersonal/negotiation skills
- Diplomatic skills and ability to deal with clients at all levels
(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in one of the two languages. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of the relevant language and accept that their future career in the EIB may be subject to the attainment of sufficient proficiency in both of the Bank's working languages.
Deadline for applications:24th June 2012
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