Graduate - Portfolio Management, Public Sector non-EU - based in Luxembourg

Posting title: Graduate – Portfolio Management, Public Sector non-EU - based in LuxembourgThis position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.The EIB, the European Union's bank, in the framework of its GRAD programme, is seeking to recruit for its Portfolio Management & Monitoring Directorate (PMM), Counterparty Management Department (CM), Non-EU Division (NEU), Neighbouring Countries Unit (NC) at its headquarters in Luxembourg, a Graduate – Portfolio Management, Public Sector non-EU*. This is a full-time temporary position at grade GRAD.The term of this contract will be 2 yearsinternal benchmark GraduatePanel interviews are anticipated for April 2026PurposeAs a Graduate in the Unit, you will carry out the regular monitoring of a portfolio of operations and counterparts assigned to you.With the support of senior colleagues within the Unit, (i) carry out the regular credit monitoring of a portfolio of Local Governments and Public Sector Entities in countries covered by the Unit, to contribute to an understanding of EIB exposure to risks and to identify breaches or contractual events; (ii) follow very closely projects’ implementation, also through regular monitoring missions with colleagues from PJ; (iii) act as the projects’ main point of contact, both internally and with clients, after the first disbursement; (iv) propose event resolutions for standard and complex post-signature events, thereby ensuring the stability and solidity of the Bank's portfolio of outstanding loans; and (v) play an active role in the disbursement process of the Bank (excluding the first disbursement).Specific Post EnvironmentAs part of the Bank’s First Line of Defence, PMM monitors counterparts and financial contracts and acts on contractual events under its responsibility, as well as on distressed transactions to protect the EIB’s financial interest and reputation.The PMM/CM Department is responsible for the monitoring of financial institutions, corporates, public sector entities and sub-sovereign authorities across all countries, both inside and outside the EU. The Department also plays an active role in the disbursement process of lending operations (excluding the first disbursement).The NEU Division is responsible, inter alia, for coverage of Financial Sector and Public Sector operations outside the EU.The NC Unit is responsible for Public Sector transactions with Local Governments and Public Sector Entities in EU Eastern & Southern Neighbourhoods, Western Balkans and Türkiye.To be noted that under the Three Line of Defence structure, PMM assumes a First Line role, and oversees handling all the existing business after the first disbursement.Operating NetworkReporting to the Head of Unit, and with the support and guidance of more senior colleagues, you will cooperate closely with other Directorates across the Bank (Origination, Legal, Credit, Compliance, Finance, as well as the Joint Middle Office for Disbursements), with other Divisions in PMM, and with PMM staff located in EIB External OfficesYou may also have contact with external counterparties, EU Delegations, and other transactions’ stakeholders including co-lenders, agents, shareholders, borrowers, promoters, external consultants, sector experts, etc.AccountabilitiesWith The Mentorship Of Senior Colleagues Within The Unit, And Under The Close Supervision Of The Head Of Unit, You Will Work On Several Tasks In Parallel And Within Well-defined DeadlinesCarry out, according to an agreed programme, reviews of counterparts, assess their credit standing, and propose internal counterpart ratings and climate ratings.Propose solutions/remedies to contractual events, breaches or other requests from EIB counterparts and participate in their implementation, working with colleagues in other EIB Directorates and with external co-financiers as appropriate.Monitor the contracts of these counterparts, review the guarantees in place, if required, and check the counterparts' compliance with the protective clauses included in the loan documentation.Handle client contact, including organising and participating in site visits to facilitate the monitoring and event resolution activities.Coordinate and contribute to the annual Project Monitoring Reports based on an established working programme and deadlines.Perform ad hoc reviews, if necessary, in response to external market events to ensure that the Bank’s response is timely and appropriate.Provide input for counterpart KYC and compliance monitoring, including on tax integrity.Participate in the subsequent disbursements in coordination with the Disbursement Analyst, and promote utilisation of the signed loans.Collaborate and coordinate activities with other parts of the Bank, in particular with the other Divisions in PMM, to ensure alignment and proper implementation of procedures across the Bank.Perform regular checks on Early Warning Signals, providing update of comments, outlook and additional information in view or regular impairment testing.Contribute to the Division’s regular reports to ensure proper views on EIB’s portfolio and the risks it entails.Participate in horizontal tasks in topics of common interest across PMM or other Directorates.Contribute to a sustained flow of information internally in the team and offer support/back-up to other colleagues.Support the Directorate’s efforts to improve efficiency.QualificationsUniversity degree (minimum an equivalent to a Bachelor), preferably in Business Administration, Finance or Economics, and ideally supplemented by post-graduate studies.A maximum of 2 years of work experience (excluding internships of less than 9 months) since your most recent graduation, including experience in financial analysis and/or credit analysis.Interest and/or experience of emerging markets and/or in one or more of the countries covered by the Unit would be an advantage.Understanding of the EIB mission and activities as well as the operating and political framework in which the Bank operates.Proficiency in MS Office Tools (Word, Excel, Outlook, PowerPoint).Excellent knowledge of English and/or French (*) with a good command of the other. Knowledge of languages from countries covered by the Unit would be an advantage. CompetenciesAboutFind out more about EIB core behavioural skills hereTo find out more about our eligibility criteria click here(*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support. We hire and value talent with unique characteristics, creating a work environment where they can be themselves. We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation. 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, disability or neurodiversity.If you require reasonable accommodation during the recruitment process due to a disability, neurodivergence, or a chronic health condition, please contact the EIB Recruitment team Jobs@eib.org who will manage your request appropriately.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 unauthorised disclosure of any information or any damage to the EIB Group reputation.Deadline for applications: 23rd March 2026