(Senior) Corporate Credit Officer

EIB - European Investment Bank
Luxembourg, Luxembourg
70000.00 - 110000.00
24 Dec 2021
23 Jan 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

The EIB, the European Union's bank, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C) - Credit & Climate Risk Department (CCRD) - Corporates Division (CORP) - Manufacturing and Basic Industries Unit (MBU), at its headquarters in Luxembourg, a (Senior) Corporate Credit Officer (*). This is a full time position at grade 5/6.



As a (Senior) Officer, you will work in full autonomy, to evaluate and monitor the credit risk associated with EIB loan and guarantee transactions, for new and existing, standard and structured/leveraged/subordinated, deals with Corporate counterparts, in accordance with the Bank's Credit Risk Guidelines (CRG) and RM procedures.

Operating Network

Reporting to the Head of Unit and Head of Division, you will work in close cooperation with colleagues across Risk Management and in other Directorates/Departments of the Bank, in particular with Ops, TMR, JU, and PJ.

  • Assess credit risk, formulate independent opinions and recommendations on new lending proposals, validate counterpart ratings and credit limits, and determine loan grading and risk pricing for these transactions
  • Review and validate credit reviews on the existing loan portfolio, as performed by the portfolio monitoring team (internally known as (TMR - Transaction Management and Restructuring)
  • Extensively collaborate with the EIB colleagues involved on individual loan transactions, providing advice and solutions to structure and mitigate credit risks in leveraged/structured/subordinated transactions
  • Review legal documentation from a credit risk standpoint
  • Propose security/collateral requirements for new transactions and opine on any credit risk related contractual amendments pertaining to your allocated portfolio
  • Ensure compliance with limits for counterparts, sectors and specific types of transactions
  • Closely follow/anticipate market developments/trends in your sectors, and proactively work through your portfolio
  • Deal with credit risk related enquiries from within the Bank and provide solutions
  • Provide guidance to more junior staff in the execution of credit risk processes
  • Contribute to improving procedures, support and control systems, IT systems, methodologies and working tools
  • Proactively advise and present recommendations on complex credit risk issues and related policy initiatives for credit risk management, aligning the EIB with best banking practices
  • Ensure good cooperation with internal colleagues and clients
  • Maintain awareness of the latest developments in risk management methodologies and share learning and innovation on the same within RM and the Bank.


  • University degree, preferably at Masters level, ideally in Finance/Business or any related subject. Recognised financial qualifications, such as the CFA, would be advantageous
  • Significant relevant experience, of which at least 5 years directly comparable to the role, ideally gained in an international Corporate/Investment Bank/Fund and/or within a rating agency and with a strong expertise in financial analysis/modelling
  • Exposure to corporates in a variety of sectors (industrials, infrastructure and/or utility sectors) and of various sizes would be an advantage
  • Relevant exposure to structured transactions including high-yield/sub-investment grade debt and/or subordinated/junior debt financing, and asset-backed operations, would be an asset. Experience of Mid-Caps credit risk assessment is preferred.
  • Experience of Rating Agencies' rating criteria and methodologies would be an asset
  • Knowledge of risk-pricing techniques, as well as corporate internal rating and recovery models is advantageous
  • Proficiency in reviewing and commenting on loan documentation (including complex legal structures)
  • Excellent knowledge of English and/or French (*), with a good command of the other. Knowledge of other EU languages, in particular Spanish, would be an advantage.



Find out more about EIB core competencies https://www.eib.org/en/about/careers/careers-competencies/index.htm 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 opportunity employer, who believes that diversity is good for our people and our business. As such, we promote the inclusion of suitably qualified and experienced staff without regard to their gender, age, racial or ethnic origin, religion or beliefs, sexual orientation/identity, or disability.

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


We particularly welcome applications from women and persons with disabilities.

Deadline for applications: 17th January 2022. Panel interviews are anticipated for January/February 2022.

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.

(* internal benchmark: (Senior) Credit Risk Management Officer)

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