Apply for the ongoing European Investment Bank Job Recruitment 2022 via our latest job vacancies & employment portal. This European Investment Bank job opening is available to all qualified candidates.
The European Investment Bank is the European Union’s investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world.
Wednesday 1st June 2022
The EIB, the European Union’s bank, is seeking to recruit for its Projects Directorate (PJ), Energy Department (ENERGY), Energy Transition Programmes Division (ENERPRO) at its headquarters in Luxembourg, a (Senior) Energy Sector Specialist. 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.
The (Senior) Energy Sector Specialist (internally referred to as (Senior) Sector Engineer/Economist) assesses, within multi-disciplinary teams, the technical and economic viability and environmental sustainability of projects and programmes in all countries where the Bank operates and in accordance with the Bank’s procedures. S/he also prepares studies related to energy matters and contributes to the development of EIB energy objectives.
The activities will focus in particular on renewable energy and energy efficiency projects, through Bank intermediated operations or equity funds.
The Project Directorate’s mission is to assess the quality and risk of projects proposed for financing and to provide independent advice to the Bank’s decision makers on sector issues. It also plays an important role in advising promoters on the development and implementation of projects. It is involved in policy formulation for the Bank to respond to EU policies. To accomplish its role, PJ is mainly staffed with sector experts (Engineers, Economists, Environmental and Social experts).
The successful candidate will report to the respective Head of Energy Transition Programmes Division (ENERPRO) and work in close contact with the other professional staff of the Energy Department, other PJ departments and Bank staff, notably those participating in lending operations. S/he will need to work with a high degree of autonomy, maintaining external contacts with firms, organisations, public authorities and EU institutions, as appropriate and representing the EIB at high level meetings with promoters and EU counterparts and/or at external events. Participation in horizontal tasks within the Energy Department may also be envisaged.
- Assess the technical and economic viability and environmental sustainability of energy projects and programmes within multidisciplinary teams, both in the EU Member States and in the other countries where the Bank operates. This will also entail looking into equity funds, bank intermediated operations as well as broader climate action related products with an important energy component. In function of the workload and other considerations, the sector engineer will also be available to support operations led by other divisions in PJ.
- Assess the market conditions supporting the above-referred economic and financial viability, and in particular the demand and, when applicable, the tariffs and associated support schemes
- Cooperate closely with the Lending Directorates and provide assistance to the early screening as well as monitoring of operations. Prepare incisive appraisal and monitoring reports of projects and programmes in order to determine if they can be financed by the Bank
- Monitor on-going projects in order to verify their alignment with the agreed objectives, EIB safeguards and prepare the corresponding monitoring reports
- Provide expert advice to internal and external stakeholders in formulating and shaping new mandates and initiatives, and represent the Bank at external events and during missions
- Prepare technical specifications for the procurement of consultants and supervise the intermediate and final deliverables of those consultants in the context of the management of project development assistance funds received from donors (and namely the European Commission)
- Track the evolution of the legal and regulatory framework for the projects as well as the applicable EIB lending policy, including active representation at selected sectorial events, and liaise closely with EU institutions and international organisations on energy policy/sector questions
- Produce sector, policy and other papers related to energy matters when required.
- University degree in economics and/or engineering
- A Master’s degree would be an advantage and a multidisciplinary background an asset
- Specialisation in an energy related field as part of studies would be an asset
- Minimum of 5 years of relevant professional experience in the energy sector covering the main aspects of the project cycle (feasibility, design, development, management and operation) and in particular in relation to RE&EE, including innovative technologies
- An understanding of intermediated financing products would be an advantage, including implementation of associated technical assistance
- Good knowledge of environmental and procurement aspects would be considered as an advantage.
- Experience in the set-up and management of mandates and technical assistance projects or programmes would also be considered as an advantage
- Good knowledge of the energy sector including the relevant EU policies and regulatory aspects
- Good knowledge of economic and financial modelling including risk analysis would be an advantage
- Excellent knowledge of English and/or French (*) with a good command of the other. Working knowledge of other EU languages would be an advantage.
Find out more about EIB core competencies here
(*) 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 opportunities employer, who believes that diversity is good for our people and our business. 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/identity, disability or neurodiversity.
Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team Jobs@eib.org who will ensure that your request is handled.
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 unauthorized disclosure of any information or any damage to the EIB Group reputation.
Deadline for applications: 1st June 2022
How to Apply:
Interested and qualified candidates should:
Click here to apply online
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