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SUERF Member Announcement

The EIB, the European Union"s bank, is seeking to recruit for its General Secretariat Directorate (SG), Economics Department (ECON), Economic Studies Division (ES) at its headquarters in Luxembourg, a (Senior) Economist. This is a full-time position at grade 5/6.
 
The term of this contract will be 4 years.

Panel interviews are anticipated for beginning of FEBRUARY.

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.

Purpose
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.

Specific Post Environment
As the (Senior) Economist you will be part of a group of circa 40 Economists in the Department reporting to the Head of Division, and will communicate directly with Department management, 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.

Operating Network
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 of three divisions: Economic Studies, Country and Financial Sector Analysis and Policy and Strategy. It is part of the EIB"s General Secretariat Directorate, responsible for the EIB"s overall strategy formulation.

Accountabilities
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
  • Participate in the development of division and departmental research work plans, assuring that your research activities contributes to the overall program.

Qualifications

  • PhD or equivalent degree in Economics or related field or a relevant Master"s degree plus additional highly relevant academic or experience.
  • Minimum 5 years of solid experience in applied economic research.
  • 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, income convergence and inclusion, labour market and skill issues, energy transition and climate and more generally structural issues related to investment, will be considered a distinct advantage.
  • Excellent drafting and presentation skills in English, ability to communicate with clarity and concision.
  • 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.

Deadline for applications: 3rd January 2020
Read full description and apply here: EIB"s Career Portal 

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