The EIB, the European Union's bank, is seeking to recruit for its Compliance Directorate (OCCO), Coordination & Procurement Unit (OCCO/-/-/CPU) at its headquarters in Luxembourg, a:
(Senior) Business Analyst & Project Management Officer
This is a full time position at grade 5/6
The term of this contract will be 4 years
Panel interviews are foreseen at the beginning – mid May 2019
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.
The Compliance Directorate has undergone substantial changes over the last years in terms of organisation, staffing and management, but also concerning priorities and the Bank’s approach to Compliance. The diverse Compliance team consists of a group of Compliance specialists with a wide range of professional backgrounds, adhering to guiding principles of teamwork, strong professional ethics and high dedication.
Purpose
As (Senior) Business Analyst and Project Management Officer internally referred to as (Senior) Officer, you will work on projects concerning the workflows within the Bank, which involve the Compliance Directorate. You will define, analyse and manage projects improving and streamlining compliance related bank wide workflows and different areas to support the effective and efficient execution of OCCO’s responsibilities within our Bank’s compliance framework.
Operating Network
You report to the Head of Procurement and Coordination Unit and work in close cooperation with team members in the Compliance Directorate. You will cooperate with IT and with counterparties in client Directorates in the functional areas of Compliance related tools (Operations, Transaction Management and Restructuring, Risk Management, Finance and the European Investment Fund).
You will also exchange experience and knowledge with other Compliance specialists to stay abreast of best practice. Furthermore, you will be in contact with external software and service providers in Compliance domain to receive a good service.
Accountabilities
In this position, you will:
- Provide specialist advice to management with regard to compliance procedures and processes taking into consideration Market Practice;
- Conduct Gap Analysis to see whether the EIB wide approach and procedures are in line with legal requirements and market best practice regarding compliance;
- Define and elaborate target best practice and procedures and find agreement with all stakeholders in EIB about the new processes and tasks;
- Define the required changes and guide the change of procedures and tools;
- Participate in special initiatives that can go beyond the strict boundaries of own domain and that have a specific scope and timing, to ensure the realisation of the initiative within the set scope, time and budget;
- Define or supervise the definition of business requirements for IT Projects and manage the user responsibilities during implementation;
- Liaise with stakeholders of project in order to ensure efficient collaboration to reach milestones on time
- Project follow-up, monitoring, identifying and mitigating risks during the project;
- Reporting on target and actual outcome of the project.
Qualifications
- 8 or more years of demonstrable experience in Compliance, combined with proven experience in project management and delivering change initiatives (e.g. implementation of new processes and tools);
- Full University degree in Legal, Business Administration or Finance preferably combined with an additional degree in computer science or related disciplines;
- Sound functional understanding of Compliance topics, business processes and related IT tools as well as knowledge of the regulatory framework in the financial sector is essential. Experience as a compliance officer or in a project within a compliance department would be a key asset;
- Extensive knowledge of Compliance in Financial Services and Capital Markets as well as consolidated front to back experience of Change Management;
- Sound knowledge of project management methodologies, preferably supported by a certification (Prince2, PMI, Agile, etc.);
- Experience as a project manager including experience of budgeting, planning service contracts, management of external service providers and vendors;
- Sound knowledge of the solutions/vendors in the Compliance field and overall familiarity with RegTech landscape;
- Experience within a leading consultancy or specialised boutiques would be a highly preferred;
- Good knowledge of the principles, practices and techniques used in business analysis and process re-engineering would be an advantage;
- Excellent knowledge of English and/or French(*), with a good knowledge of the other. (Knowledge of other EU languages would be an advantage).
Competencies
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 behaviour with the organisation’s needs and intrinsic values, acting with integrity in ways that promote the organisation’s mission, policies and rules.
(*) 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 (*).
The level of functions in the job vacancy is only indicative and will be adjusted accordingly taking into account, among other things, the business need, as well as the selected candidate’s experience and expertise
Deadline for applications: 04th April 2019
(*). We particularly welcome applications from women and persons with disabilities.
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