The EIB, the European Union's bank, is seeking for its Secretariat General Directorate - Economics Department
at its headquarters in Luxembourg:
Duration: 6 months (fixed start date: 16tt September 2019)
Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries with which EU accession negotiations have started, can be considered (Turkey, Serbia and Montenegro).
Objective of the traineeship
The objective of the traineeship is twofold. The Economics Department will benefit from your knowledge and your technical skills in tasks that are very labour-intensive, including the use of macroeconomic and firm-level data, and require substantial specialised knowledge that is typical for Master or PhD candidates in economics. You will benefit from working in an international financial institution, thereby gaining valuable work experience, insights into economic and policy analysis, establishing professional contacts and gaining knowledge of the functioning of the EIB.
Under the supervision of an economist of the Economics Department, you will carry out work related to two specific projects:
- Economic analysis, modelling and database development, including the links of macroeconomic scenario with sovereign risk rating and bank industry risk rating models;
- Economic analysis, modelling and database development for the EIB Investment Survey (EIBIS).
Your main tasks will be to:
- Identify relevant data sources, manage datasets, extract and provide data for statistical analysis;
- Provide basic statistics, charts, tables and short reports based on their data work;
- Co-operate with EIB economists in building statistical models for data analysis;
- Co-operate and assist EIB economists in exploring the results from the statistical analysis, providing economic rationale and drawing policy conclusions;
- Draft short summaries of existing theoretical and empirical research in economics and finance relevant to publications of the Economics Department.
Academic qualifications and professional skills
- Final year of studies or University Degree in Economics or Finance is a minimum requirement. Candidates with a Master degree will be given priority;
- Excellent knowledge of written and spoken English. Knowledge of other languages would be an advantage;
- Good understanding of economic theory and advanced statistical methods for the empirical analysis of economic data;
- Have the capacity and experience to work with macroeconomic or firm-level data and to elaborate statistical and economic analysis.
- 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 on the 26th June 2019.
More information on our EIB Internship Programme and Provisions for In-service training can be consulted on our EIB website; http://www.eib.org/en/about/jobs/work-with-us/internships/index.htm