(Associate) Cross-Business Reporting for Market Risk Officers - based in Luxembourg

Overview

These positions are based at our Luxembourg headquarters and require regular office presence. The EIB offers relocation support and the opportunity to live and work in a truly international and multi-cultural environment.

The EIB, the European Union's bank, is seeking to recruit for its Finance Directorate (FI), Strategy, Policies & Business Support Department (SPBS), Operational Support & Monitoring Division (OSM), at its headquarters in Luxembourg, two (Associate) Cross-Business Reporting for Market Risk Officers .

These are full-time positions at grade 4 and 5 with a permanent contract.

Purpose

You will continuously improve and execute the OSM controls relating to accurate and timely trades capture by conducting critical business analysis, business project implementation and data management of existing and new control activities, along with the delivery of crucial business risk reports to support Front Offices in their decision-making processes.

Operating Network

You will report to the Head of Division and collaborate with other members of the organization, supporting the 1st line of defence. You will ensure complete, adequate and timely representation of all financial transactions in the analytic tools under the responsibility of the OSM Division, and contribute to the enhancement of management indicators, generation and utilization of technical aspects.

Accountabilities

• Perform daily market risk controls on Treasury portfolios and balance sheet exposures (interest rate, basis and FX risk).
• Produce, analyse and explain sensitivities, risk metrics and P&L drivers, including ad hoc analytical deep dives in support of Front Office and Risk Management discussions.
• Prepare and maintain market risk reporting and analytical material for internal governance bodies (e.g. interest rate risk working groups).
• Own and enhance key Treasury / Funding reports, ensuring data quality, completeness and timeliness.
• Execute and document market risk quality checks and control procedures, including reconciliations and validation of sensitivities, proxy duration and accounting figures.
• Provide on-the-fly operational support to Front Office colleagues (issue triage, data checks, explanation of results, testing of tools and reports).
• Support new products and structural transactions (e.g. IRRBB, derivatives, hedging structures) from a 1LoD market risk and operational perspective.
• Participate in systems migration and automation initiatives (including market risk tooling and CompatibL related activities).
• Contribute to transversal projects and respond to analytical and explanation requests from internal stakeholders.
• Build and maintain relationships within the Bank and with Wall Street users in FI, colleagues in CFC, GR&C, GIS and other domains as required regarding business aspects.

Qualifications

• University degree (minimum equivalent to a Bachelor), preferably in an quantitative area such as Financial Engineering, Applied Finance, Applied Statistics, Applied Mathematics or Computational Finance.
• Minimum 3 years of relevant professional experience (for grade 4) and minimum 5 years (for grade 5), preferably in Treasury and Capital Markets products / structured finance, in investment banks, audit firms or business consulting firms.
• Relevant financial and business analysis experience.
• In-depth knowledge of trading, asset classes, position and cash reconciliation.
• Good front-to-back process knowledge in a Treasury or Capital Markets environment.
• Strong knowledge of programming, preferably in VBA, MATLAB, C++, Java.
• Knowledge of valuations of Treasury assets, including contribution-performance-benchmarking analysis and accounting reconciliations.
• Knowledge of key controls, particularly in relation to Middle Office activities.
• Knowledge of the Bank’s core applications, namely Wall Street, Refinitiv and BLOOMBERG is a plus.
• Experience in projects related to the implementation of tools aiming at valuing IRR and FX derivatives is a plus.
• Relevant experience in the development and implementation of financial risk models, with a focus on one or several of the following: interest rate, liquidity, market, FX or counterparty risks is an advantage.
• Excellent knowledge of English and/or French, with a good command of the other. Knowledge of other EU languages would be an advantage.

Competencies

Find Out More About EIB Core Behavioural Skills Here

To 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 official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Proficiency means attaining level 5 of the Inter Institutional language courses, corresponding to B1.2 of CEFR. 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 candidates to apply regardless of gender identity, age, race, 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 who will manage your request appropriately.

By applying for this position, you acknowledge the importance of maintaining the security and integrity of information of the EIB Group. In case of selection for the position you agree to comply with all measures implemented by the EIB Group to prevent unauthorized disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 23rd April 2026