The term of this contract will be 2 years. Panel interviews are anticipated for beginning of January 2022. Purpose Under the supervision of the Head of Unit, you will contribute to the regular monitoring of the EIB counterpart portfolio (typically banks, corporates or public sector counterparts). Specific Post Environment TMR monitors counterparts and financial contracts and acts on contractual events under its responsibility, as well as on distressed transactions in order to protect the EIB's financial interest and reputation. TMR/CM is the Department responsible for the monitoring of financial institutions, corporates, public sector entities and sub-sovereign authorities across all countries, both inside and outside the EU. The Department is structured around Divisions, which are composed of several Units. The Department also plays an active role in the disbursement process for the lending operations (excluding the first disbursement). TMR is also responsible for developing and updating the Bank-wide Financial Monitoring Guidelines. Operating Network You will be assigned to one of the Divisions and will carry out the regular monitoring of a portfolio covering a specific asset class/region/sector You will work closely with other Units in the Division where you can be assigned monitoring responsibilities on an ad-hoc basis. Accountabilities Under the close supervision of the Head of Unit and/or Financial Monitoring Officers, you will work on several tasks in parallel and within well-defined deadlines. The responsibilities are the following: Preparation of counterparty spread sheets based on an existing template. This encompasses a breakdown of the figures of the counterpart concerned and allows the calculation of financial ratios over a period of, normally, 3 years. According to an agreed programme, prepare Counterpart reviews (with the proposal of appropriate Internal Ratings) and compliance with outstanding contracts. Review of contractual clauses with counterparts to check their compliance, and support colleagues in the follow-up, where appropriate, of the related contractual events. Promptly flag any non-compliance contractual event as well as any sign of credit deterioration of selected counterparts, and timely provide comments/updates as requested. Monitor and follow-up the repayment of the loans as they fall due. Research and compile appropriate information on the counterpart being useful for the regular monitoring including, information related to compliance when applicable. Check and, when necessary, update in a timely and accurate manner the data related to selected counterparts in the Bank's IT systems. Filter from systems appropriate information as necessary to be used in the course of the required work. Understand and follow on-going developments in the sector and countries of selected counterparts. Participate in the disbursement process of the loans. Qualifications University degree in Business Administration, Finance or Economics preferably supplemented by post-graduate studies and/or relevant training in financial sector analysis, A maximum of 2 years of work experience (excluding internships) since your most recent graduation. Practical experience in line with the role and/or highly related academic studies would be preferred Basic knowledge of financial analysis Proficiency in MS Office Tools (Word, Excel, Outlook, Powerpoint) Excellent numerical skills Understanding of the EIB mission and activities as well as the operating and political framework in which the Bank operates Fluency in English and/or French (*) and a good command of the other. The knowledge of other European languages will represent a strong advantage.
