EIF Posting
The European Investment Fund (EIF) is seeking to recruit for its Risk Office (RO) – Compliance & Non-Financial Risk Department (CNFR) – Internal Control & Regulatory Division at its headquarters in Luxembourg, a (Senior) BMP Compliance Monitoring & Reporting Officer*. This is a full-time position at grade 5/4 for which the EIF offers a permanent contract.
*Internal benchmark: (Senior) Officer
Panel interviews via videoconference are anticipated for December 2026
Purpose
Part of the EIB Group, the mission of the European Investment Fund (EIF) is to improve access to finance for SMEs and small mid-caps in Europe. We do this by supporting emerging and established fund managers with equity investments and by designing debt financing instruments that share the risk taken by financial institutions when they lend to or invest in small businesses. We bring this support closer to entrepreneurs through our extensive network of partners and financial intermediaries in all EU Member States and associated countries.
Operating network
The BMP Compliance Monitoring & Reporting (BCMR) Unit, part of the Internal Control & Regulatory Division, focuses on monitoring & reporting on the regulatory compliance requirements applicable to EIF activities as defined in the EIF BMP (Best Market Practices) Framework. Core activities include a) the independent review of the annual BMP self-assessment performed by EIF Services, b) the coordination and execution of the annual EIF Compliance Risk Assessment (CRA) and Compliance Monitoring Program (CMP) and c) support the implementation of a newly developed Group Compliance Monitoring & Reporting Framework (RegCom 360).
You will report to the Head of the BMP Compliance Monitoring & Reporting Unit, who in turn reports to the Head of the Internal Control & Regulatory Division, and to the Chief Compliance Officer. You will collaborate closely with colleagues in Risk Office, other EIF services and any relevant services at the EIB.
Responsibilities
At a level commensurate with your experience and seniority, you will:
Participate in the annual independent review of EIF’s BMP self-assessments and report on EIF’s compliance with applicable BMPs.
Keep aware and up to date of the latest EU regulations, regulations considered as directly applicable to EIB Group and applicable BMPs as per EIF’s BMP repository.
Ensure that EIF BMP compliance activities are aligned with Best Banking Practices (BBPs) compliance activities at EIB Group level.
Support the implementation of the EIB Group Compliance Monitoring & Reporting Framework (RegCom 360).
Participate in the annual execution of EIF’s Compliance Risk Assessment (CRA) and Compliance Monitoring Program (CMP) by testing the design and operating effectiveness of the compliance controls in scope and assessing the inherent and residual risks of the related risk scenarios; Follow-up and regularly report on relevant Remedial Action Plans (RAPs).
Keep the Unit’s methodologies (CRA, CMP and compliance oversight) up-to-date and aligned with any changes in the related methodologies at EIB Group level.
Participate in and contribute to AI initiatives of the Unit, such as automated control testing and automated mapping of applicable BMPs with internal controls.
Collaborate with General Secretariat – Audit & Institutional Affairs Division (GS/A&IA) which is responsible for the EIF BMP framework implementation, BMP self-assessment, and participate in the review of any updates to the BMP Framework and applicability assessment procedures of new applicable EU regulations to EIF activities as necessary.
Coordinate any internal/external audit reviews related to Unit’s activities and follow-up on any mitigating action plans.
Be involved in the procurement process of hiring external consultants for the Unit’s activities and effectively support the management of-going projects by monitoring day-to-day activities and performance of consultants.
Participate in various panels and committees such as the BMP Committee and Regulatory Watch meetings.
Provide ad-hoc training and guidance in relation to BMP compliance activities to EIF services.
Qualifications
At least three (3) years of post-graduation (after having obtained your initial university diploma) relevant professional experience at the same level of responsibility in a similar position, having been involved in regulatory compliance activities, compliance risk assessments & monitoring programs and testing of control activities in the financial services industry, preferably exposed to Internal Control or Internal/External Audit.
University degree, preferably at postgraduate level, in Business Administration, Compliance, Audit, or any related subjects.
Additional professional or academic qualifications in these areas would be considered an asset.
Good knowledge of EU rules, regulations and practices applicable to credit institutions, commercial investment firms and asset managers.
Strong skills in designing and adapting audit-related processes and methodologies.
Clear track record in internal control testing/sampling methodologies and audit/ GRC tools.
Experience in using AI solutions (Co-pilot).
Solid understanding of EIF's mission and activities as well as its operating framework.
Excellent knowledge of English, both oral and written, with strong drafting skills. Knowledge of other EU languages would be considered an asset.
Behavioural Skills
Find out more about EIBG core behavioural skills here
Additional role specific behavioural skills:
Action Oriented: Readily takes action on challenges, without unnecessary planning; Identifies and seizes new opportunities; Displays a can-do attitude in good and bad times; Steps up to handle tough issues.
Communicates effectively: Is effective in a variety of communication settings: one-on-one, small and large groups, or among diverse styles and position levels; Attentively listens to others; Adjusts to fit the audience and the message; Provides timely and helpful information to others across the organisation; Encourages the open expression of diverse ideas and opinions.
Interpersonal Savvy: Relates comfortably with people across levels, functions, cultures and geographies; Acts with diplomacy and tact; Builds rapport in an open, friendly and accepting way; Builds constructive relationships with people both similar and different to self; Picks up on interpersonal and group dynamics.
Optimizes Work Processes: Identifies and creates the processes necessary to get work done; Separates and combines activities into efficient workflow; Designs processes and procedures that allow managing from a distance; Seeks ways to improve processes, from small tweaks to complete reengineering.
Technical Skills
Regulatory & Compliance Monitoring: Ability to implement and facilitate the review, development and implementation of policies and internal procedures, or ongoing compliance monitoring, related reporting and screening tools with a view to improving and streamlining processes.
Monitoring & Evaluation Framework: Ability to design and implement a monitoring & evaluation system (e.g., results framework, intervention logic) and develop relevant indicators to monitor performance and achievement of results, including ex post impact of investments on beneficiaries.
Prudential Control Activities: Ability to plan and execute key processes of prudential and conduct controls. Prepare reports on the findings of the review and follow-up on the implementation of recommendations and its effects on the EIB Group.
BMP Compliance & Regulatory: Knowledge of Best Market Practices (BMPs) and EU regulatory frameworks, with the ability to assess and ensure EIF’s compliance with applicable BMPs. Supports the alignment of BMP compliance activities with Best Banking Practices (BBPs) at the EIB Group level by staying up to date with evolving regulations and their applicability.
Project Management: Ability to manage projects, according to the agreed project plan, ensuring timely and high-quality delivery of projects. Ensure agreed project deliverables and outcomes are met.
Innovative Problem-Solving and Initiative: Ability to proactively identify organizational challenges and leverage creative thinking to develop effective, sustainable solutions. It involves a keen sense of initiative, where individuals take ownership of problems and seek innovative approaches to improve efficiency and drive organizational improvement.
Internal Audit: Understanding of the role of internal audit and ability to implement Audit Action Points.
Reporting Skills: Ability to capture, access and analyse information/data from databases, financial areas, audits, and other sources, develop reports and present them in a comprehensive and intelligible manner.
Internal Governance and Control Assessment: Ability to assess the EIB Group’s internal governance framework, risk management framework, risk culture, and risk data and reporting in line with the requirements of the REP methodology.
Deadline for applications: 30 November 2026
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 EIF Recruitment team (Recruitment@eif.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.
Candidates are informed that pre-employment integrity screening is an integral part of the EIF recruitment process.