This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support. The EIB, the European Union's bank, is seeking to recruit for its Secretariat General (SG) - Economic Department (ECON) - Country and Financial Analysis Division (CFSA) - Model Governance Unit (MG) at its headquarters in Luxembourg, a (Senior) Economist.
This is a full time position at grade 5/6 for which the EIB offers a permanent contract.
Panel interviews are anticipated for January 2025.
We are seeking seasoned professionals with a wealth of experience in the economics domain. If you have a strong background in economic analysis and a proven track record of impactful contributions, we want you to bring your expertise to our team.
At Economics Department at the EIB, you’ll engage in impactful economic and financial sector analysis across both EU and non-EU countries. Your work will directly support the EIB’s operations, global positioning, and strategic policy definition. You’ll delve into critical topics such as growth, employment, investment, SMEs financing, R&D, innovation, and the climate and digital transitions.
If you’re driven by solid economic thinking and eager to contribute to high-quality analysis and strategic recommendations, this role offers a unique opportunity to shape the future of economic policy and investment at the EIB.
Purpose
Economic and financial sector analysis on a portfolio of both EU and non-EU countries, to support the EIB in its operations, its global positioning, and in its strategy and policy definition. Topics of analysis include macroeconomic and structural microeconomic issues of direct relevance for the EIB: growth and employment, public and private investment, SMEs financing, R&D and innovation, climate and digital transition.
Specific Post Environment
The Economics Department provides impact-driven economic analysis to support the EIB in its operations, its global positioning and strategy and policy definition, both inside and outside the EU. It comprises 3 divisions - Economic Studies, Country and Financial Sector Analysis and Policy and Strategy. It is part of the EIB's Secretariat General, responsible for the EIB's overall strategy formulation. The Department also has additional reporting lines to the Bank's Lending Directorates.
Operating Network
You will have regular contact with colleagues in other Directorates, notably with GCS-GDO, GR&C, IT
Accountabilities
- Macroeconomic and financial sector analysis for both EU and non-EU countries, including emerging markets, assessing opportunities and risks and implications for EIB operations.
- Solid economic thinking, strong operational drive, to constructively contribute the operational projects, when part of project team.
- Carry out well-targeted, high-quality economic analysis on a broad range of topics of critical relevance for the EIB, and properly target the presentation of outcomes to support operations and policy and strategy definition.
- Draft key analytical economic and policy reports as a basis for internal EIB discussion and for external communication.
- From the above-mentioned studies, effectively derive and present concrete recommendations in terms of EIB operations, strategy, policy and positioning.
- Liaise with relevant counterparts within the Bank as well as in other national, EU, and international institutions and authorities.
- Organize high level roundtables and relevant economic studies/publications, directly contributing and/or coordinating the work of others.
- Present results of their research in key conferences and discussion for a.
- As part of the allocated regional/strategic responsibility under the matrix structure: contribute to economic studies and policy and strategy definition.
- Propose improvements of working methods and methodologies.
- Flexibility and open-minded approach.
Qualifications
- University degree (minimum an equivalent to a Phd) in Economics or related field or master’s degree with highly relevant academic and/or work experience
- The minimum requirement is at least 5 years of experience in applied economics, for example acquired as an economist/financial sector expert in an international institution or in an EU institution, economic consulting or applied research centre, think-tank, government or banking (experience gained during PhD will be considered relevant). Candidates with more senior experience would be preferred.
- Excellent knowledge of macroeconomics and financial sectors in EU and/or emerging markets and developing countries.
- Recent work on: international economics; trade value chains and FDI; R&D and Innovation; Investment and constraints to investment activity would be an advantage.
- Broad knowledge of the most common areas of economics including applied quantitative methods.
- Excellent knowledge of English and/or French (*), with a good command of the other. Knowledge of other EU languages would be an advantage.
Competencies
Find out more about EIB core competencies here
To find out more about our eligibility criteria click here
(*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.
We hire and value talent with unique characteristics, creating a work environment where they can be themselves. We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation. 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, disability or neurodiversity.
We strongly invite applicants with a disability, neurodivergent profile or chronic condition 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 unauthorised disclosure of any information or any damage to the EIB Group reputation.
Deadline for applications: 11th December 2024
