Economics Department (ECON) - Economic Studies Division (2 ECON.STUDIES)
Appointment to the post is for a fixed period of 12 months
possibility to extend for 1 additional year
The Economics Department (ECON) provides high level economic analysis and studies to support the Bank in its operations and in the definition of its global positioning, strategy and policy, reporting jointly to the Directors General of Ops A (covering the EU and candidate countries) and Ops B (covering countries outside the EU).
The Economics Department works with a matrix structure, which means that the three Heads of Division coordinate projects on topics of their own competence, with resources which might be allocated to the Department's other Divisions.
The successful candidate will contribute to economic work supporting operations, operational policy formulation and strategic decision-making in areas of critical importance for the achievement of EIB objectives.
S/he will report to the Head of the Economic Studies Division, and work on economic studies, but also on country and financial sector analysis as well as policy-related topics.
Assist in the development of the Bank's policy and lending/investment strategy as well as in the strategy and policy development process through significant contributions to the analysis of a broad range of financial and/or economic issues important to the achievement of EIB objectives
Prepare economic and financial analysis on topics of critical importance to the EIB and impacting operational strategies and policies (e.g. lending to SME, infrastructure, capital markets, financial issues, development issues, EIB mandates in Partner Countries, etc.)
Identify clear links between economic analysis and policy and strategy priorities for the EIB, having in mind past achievements and future trends
Assess risk, by providing in depth economic analysis of countries and financial sectors, under the region of own responsibility
Analyse the viability of projects in the financial sector, as per regional responsibility execute work in the definition of local currency pricing and in the identification of proper financial value added and assist in the process of monitoring and result assessment
Draft key policy papers and reports for senior management and general use
Support improvements of processes, procedures, methodologies, and working methods
Design and organise roundtables, conferences, seminars and events and support the dissemination of information inside and outside the bank
University level education in economics, preferably at PhD level
At least 5 years of experience in applied economics, acquired working in government, banking or an international financial institution
Good knowledge of European economies
Specialization in R&D, innovation and productivity analysis would be desirable
Good knowledge of standard applied quantitative methods
Strong computer skills in particular with regard to statistical/econometric software
Excellent knowledge of English and/or French and a good knowledge of the other (*). Working knowledge of other EU languages would be an advantage
Good analytical skills and accuracy
Very good drafting skills in English and/or French
Ability to work independently
Ability to communicate with clarity and concision
Developed sense of initiative and problem solving attitude
Ability to work under pressure on various tasks at a time
Team player with good interpersonal skills