The EIB, the European Union's bank, is seeking for its
Transaction Management & Restructuring Directorate - Transaction Management Department - Equity and Subordinated Debts Division - Infrastructure and PE Funds Unit
at its headquarters in Luxembourg:
(under ACP Traineeship Programme)
Duration: 6 months (with possible extension for a total of up to 12 months)
(fixed start date: 1st September 2019)
The Programme, set up with the support of the ACP-EC Partnership Agreement (the Cotonou Agreement*), is open to young nationals from the African, Caribbean and Pacific (ACP) countries that ratified the Cotonou Agreement (*) and which are eligible to development financing and co-operation under the European Development Fund (EDF). (Angola - Antigua and Barbuda - Belize - Cape Verde - Comoros - Bahamas - Barbados - Benin - Botswana - Burkina Faso -Burundi - Cameroon - Central African Republic - Chad - Democratic Republic of Congo – Republic of Congo - Cook Islands - Cote d'Ivoire - Djibouti - Dominica - Dominican Republic - Eritrea - Ethiopia - Fiji - Gabon - Gambia - Ghana - Grenada - Republic of Guinea - Guinea-Bissau - Guyana - Haiti - Jamaica - Kenya - Kiribati - Lesotho - Liberia - Madagascar - Malawi - Mali - Marshall Islands - Mauritania - Mauritius - Micronesia - Mozambique - Namibia - Nauru - Niger - Nigeria - Niue -Palau - Papua New Guinea - Rwanda - St. Kitts and Nevis - St. Lucia - St. Vincent and the Grenadines - Solomon Islands - Samoa - Sao Tome and Principe - Senegal - Seychelles - Sierra Leone - Somalia - Suriname -Swaziland - Tanzania - Timor Leste - Togo - Tonga - Trinidad and Tobago - Tuvalu - Uganda - Vanuatu - Zambia – Zimbabwe).
Objective of the traineeship
You will be involved in the preparation of bottom-up analysis of the ACP Funds. In particular, you will support the team in maintaining and improving the valuation models, including finding adequate comparable. Through this exercise, you will have the opportunity to obtain a broader view on the EIB's equity and quasi-equity activity in the ACP region, and also to gain a better understanding of the EIB's business in general.
You will act as a full member of the team, working under the supervision of the Transaction Manager(s), in order to be able to provide a valuable contribution to the functioning and business objectives of the Division.
You will be involved in the following tasks:
- Provide support for the development and implementation of a tool for the in-depth analysis and forecasting of the funds' and/or portfolio's performance;
- Assess the performance of the ACP investments at a portfolio/sub-portfolio level;
- Interaction with internal and external counterparts in relation to the production of reports;
- Data collection, processing and analysis;
- Providing support for the drafting of the relevant reporting;
- Actively support the Transaction Managers with ad-hoc requests and event resolution.
Academic qualifications and professional skills
Final year of studies or university degree in Business, Finance or Economics;
- Analytical skills; prior experience with financial analysis, financial modelling or valuation would be considered an asset;
- Ability to use the Microsoft Suite (Word, Excel, PowerPoint) effectively and efficiently;
- Excellent knowledge of written and spoken English and/or French. Good knowledge of any other EU languages would also be an advantage.
- Achievement Drive: continually keeps an eye on performance, focusing on improving it, showing drive and determination to meet short and long-term goals.
- Change Orientation: Adapts to differences and changes in the environment; takes a flexible approach to reach outcomes.
- Collaboration: Works cooperatively as part of a team; works collaboratively with peers across organisational boundaries based on a genuine interest in and an accurate understanding of others and their individual perspectives and concerns.
- Organisational Commitment: Is willing to commit to an organisation whose mission is to support Europe and is open to diversity, and to align her/his own behavior with the organisation’s needs and intrinsic values, acting with integrity in ways that promote the organisation’s mission, policies and rules.
Please note that deadline for application is the 24th February 2019.
The ACP Internship Programme is open to students who are nationals of the ACP partner countries only. The goal of the Programme is to offer successful candidates an opportunity to improve their skills as well as the experience of working in an international multicultural environment.
*As initially signed in Cotonou on 23 June 2000, revised in Luxembourg on 25 June 2005 and revised in Ouagadougou on 22 June 2010.
More information on our Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; http://www.eib.org/about/jobs/student-jobs/index.htm