(Associate) Cross-Business Reporting for Market Risk Officers - based in Luxembourg
European Investment Bank (EIB)
5/4 Full-time Close on 22 Apr 2026
These positions are 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, 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 for which the EIB offers a permanent contract.
*Internal benchmark (Associate) Officer Business & Process Analysis
Panel interviews are anticipated for June.
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 in order to provide support to Front Offices in their decision-making processes.
You will report to the Head of Division and co-operate closely with the other members of the organization acting as a strengthening of the 1st line of defence function. You will ensure the complete, adequate and timely representation of all financial transactions in the set of analytic tools under the responsibility of the OSM Division, as well as the enhancement of management indicators, generation and utilization technical aspects.
You will ensure that the trades entered by the front officers are reviewed and that they are conducted at close to the observed market level, by performing a market conformity check and as a result, certifying that the front office is optimizing its trade execution.
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 particularly with Wall Street users in FI, colleagues in CFC, GR&C, GIS and other domains in the Bank as required regarding business aspects.
University degree (minimum an equivalent to a Bachelor) preferably in aquantitative 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 of relevant professional experience (for grade 5), preferably in Treasury and Capital Markets products / structured finance, in investment banks, audit companies or business consultant companies.
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 the following languages 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.
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.
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 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 April 2026
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