Financial Policy Officer - based in Luxembourg

The Financial Policy Officer will provide research, analysis and advice on best banking practices related to Finance Directorate’s activities and first line financial risks to contribute to policy decision-making. The role involves monitoring regulatory developments, designing financial policies, performing financial analysis, and representing the Finance Directorate in internal and external working groups.

Responsibilities

• Monitor developments in regulations and supervisory guidelines impacting the Bank and Finance Directorate and analyse and advise on consequences.
• Contribute to the design, testing, implementation and revision of financial policies related to FI activities and financial risks managed in 1st line by FI directorate.
• Follow best banking practices and practices of other international financial institutions and multilateral development banks.
• Formulate recommendations to FI management.
• Perform financial analysis and impact assessment studies related to policy proposals to support discussion points in committees and working groups.
• Contribute to Bank-wide initiatives such as updates of ILAAP, liquidity contingency planning, ICAAP, risk appetite framework, recovery planning, stress testing, pillar 3 report.
• Prepare notes and briefings on financial policies and regulatory developments for FI management.
• Coordinate the organisation of the Regulatory Committee (REGCOM).
• Develop constructive working relations within the Finance Directorate to ensure effective internal co-operation and communication.
• Represent the Finance Directorate in inter-directorates working groups.
• Maintain relationships with key stakeholders at European institutions and represent the Bank in selected working groups.

Requirements

• University degree (minimum an equivalent to a Bachelor) preferably in Finance, Economics, Business Administration or Law.
• At least 5 years of relevant professional experience acquired preferably in a major financial institution, a consultancy firm, a central bank, a supervisory authority or a major international organisation.
• Good knowledge of the EIB's mission, financial and lending activities.
• Ability to write clear and concise reports.
• Good interpersonal skills and client oriented/service provider approach.
• Capability to work independently.
• Experience in the implementation of projects aiming at ensuring compliance with new regulatory and supervisory requirements (advantage).
• Experience in regulatory watch (advantage).
• General knowledge and professional experience or exposure to capital markets and treasury activities, within front office, middle office/performance management or risk management (advantage).
• Expertise in the design and production of financial reportings in banks, especially in two areas (middle office reportings and/or prudential reporting’s) (advantage).
• Relevant experience in the development and implementation of financial models (advantage).
• Good understanding of accounting principles (advantage).
• Relevant exposure to project management (advantage).
• Excellent knowledge of English and/or French with a good command of the other.
• Knowledge of other EU languages would be an advantage.

Skills

• Financial Analysis
• Regulatory Compliance
• Financial Reporting
• Financial Markets Knowledge
• Treasury Activities
• Risk Management
• Project Management
• Financial Modelling
• Accounting Principles
• Report Writing
• Regulatory Watch
• Customer Service Orientation
• Policy Design
• Research and Analysis
• Stakeholder Engagement

Languages

English, French