The EIB, the European Union's bank, is seeking to recruit for its Secretariat General (SG) – Economics Department (ECON) – Economic Studies (ES), at its headquarters in Luxembourg, a:
This is a full time (temporary) position at grade 5/6
The term of this contract will be 3 years; as this is a temporary replacement assignment, no extension or conversion of the contract is foreseen
Panel interviews are anticipated for beginning of JUNE.
Apply economic analysis and knowledge to derive and effectively communicate recommendations that help shape strategic decision -making of the EIB and to contribute to the policy formulation and dialogue
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.
Specific Post Environment (if applicable)
Working in a group of about 40 economists in the Department and reporting to the Head of Division, you will communicate directly with Department management and EIB front -line staff, and external counterparts. You will carry out structural economic analysis on topics with high relevance for EIB, mostly related to investment and investment finance. In line with the matrix structure of the department, you will also carry out macroeconomic and financial sector analysis related to EU and non –EU economies and other policy and strategy tasks.
Under the supervision of the Head of Division you will:
- Prepare economic and financial analysis on topics of critical importance to the EIB and impacting, operational strategies and policies (e.g. investment, investment finance, access to finance for SMEs, innovation, R&D, skills and labour market issues, cohesion policies, etc.)
- Contribute to the EIB Investment Report, the EIB flagship publication on Investment in Europe and other research products of the Department, with original research
- Work to further develop the EIB Investment Survey, contributing to survey developments, analytical work, presentation and EIB focused strategic analysis based on the survey
- Identify clear links between economic analysis and policy and strategy priorities for the EIB, keeping in mind past achievements and future trends
- Participate in the drafting of key policy papers and reports for senior management and general use;
- Assess risk, by providing in -depth economic analysis of countries and financial sectors, under the region of own responsibility
- Propose improvements of processes, procedures, methodologies, and working methods
- Participate in the design and organisation of roundtables, conferences, seminars and events and support the dissemination of information inside and outside the bank
- PhD or equivalent degree in Economics or related field or a master's degree plus additional highly relevant academic or work experience
- Minimum 5 years of solid experience in applied economic research (experience gained during PhD can be considered relevant);
- Broad knowledge of all of the most common areas of economics, including applied quantitative methods.
- Previous research experience with firm level data (e.g. ORBIS) and strong quantitative skill
- Research experience in topics associated to EU Cohesion and convergence, income convergence and inclusion, labour market and skill issues and more generally structural issues related to investment, will be considered a distinct advantage.
- Very good drafting and presentation skills in English, ability to communicate with clarity and concision.
- 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: 24th April 2019.
(*). We particularly welcome applications from women and persons with disabilities.