(Senior) Credit Risk Officer – Public Sector Entities & Financial Institutions

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  • Posted:
    2 weeks ago
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  • Deadline:
    December 14, 2022


The EIB, the European Union’s Bank, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C-RM), Credit & Climate Risk Department (CCRD) – Public Sector Entities & Financial Institutions Division (PFI) – Country Group 1 Unit (C1U) at its headquarters in Luxembourg, a (Senior) Credit Risk Officer – Public Sector Entities & Financial Institutions(*). This is a full time position at grade 5/6.

Panel interviews are anticipated for January 2023

The term of this contract will be 4 years

The EIB offers fixed-term contracts of up to a maximum of 6 years, according to business needs, with a possibility to convert to a permanent contract, subject to organisational requirements and individual performance.

(*) Internally referred to as: (Senior) Officer Credit Risk Management


Provide credit opinions on proposed new transactions and changes to existing transactions, in accordance with the Bank’s Credit Risk Guidelines (CRG) and propose and contribute to the ongoing development of internal rating methodologies and Departmental procedures in order to maintain the credit quality of a highly diversified portfolio of transactions.

Operating Network

Reporting to the Head of Country Group 1 Unit, you will work in close cooperation with the other team members. You will have extensive contacts with colleagues in Risk Management, Front Office Lending, Transaction Monitoring, Legal Department as well as, occasionally, with external counterparts, as you wil maintain contacts with Rating Agencies, and other relevant external information providers.

The work is very varied, covering a broad range of transaction types in diverse geographical locations.


  • Assess credit risk, formulate opinions on credit proposals, review and validate counterpart ratings and credit limits, and calculate risk pricing
  • Propose security/collateral requirements and risk mitigating clauses
  • Review legal documentation from a credit risk standpoint
  • Work with other operational departments in structuring and mitigating credit risk
  • Closely follow and report on counterparts/transactions requiring special attention
  • Check the quality and correctness of credit risk related data input into various IT systems
  • Deal with credit risk related enquiries from within the Bank and provide solutions
  • Contribute to the development and improvement of procedures, support and control systems, IT systems, methodologies and working tools
  • Provide advice and recommendations on complex credit risk issues and related policies for credit risk management, aligning the EIB with best banking practices
  • Periodically, take lead or participate in horizontal tasks concerning e.g. rating modelling, industry standards, initiatives and working groups at bank level etc. organizing work or providing needed written contributions
  • Ensure good relationships with internal clients and appropriate internal co-operation and communication
  • Maintain awareness of the latest developments and share learning and innovation on risk management methodologies within GR&C-RM and in the Bank


  • University degree, preferably in a relevant subject and supplemented by post-graduate education and/or professional certifications
  • Extensive experience in credit risk assessment of and/or lending to banks and/or the public sector
  • Experience with credit risk assessment methodologies and rating agency criteria and proficiency in reviewing complex legal structures would be a strong advantage
  • Solid IT skills, including exposure to IT applications supporting loan transactions
  • Excellent knowledge of English, with a good knowledge of German and/or French*. Knowledge of any other EU language would be an advantage.


Find out more about EIB core competencies here

(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in French. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of French 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

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 Jobs@eib.org 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 unauthorized disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 14th December 2022