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ESIF Financial Instruments Adviser (ERDF, ESF, EAFRD and EMFF)

4:59:00 AM

Preliminary campaign for current and future vacancies

EIB - European Investment Bank

Luxembourg


The EIB, the European Union's bank, is seeking to recruit for its Operation Directorate - Advisory Services Department - at its headquarters in Luxembourg, an ESIF Financial Instruments Adviser (ERDF, ESF, EAFRD and EMFF), preliminary campaign for current and future vacancies. Appointment will be made on the basis of a fixed term contract of 4 years.

Purpose

Financial Instruments represent a resource-efficient way of deploying EU budget resources in pursuit of Europe 2020 objectives. Targeting projects with potential economic viability, Financial Instruments provide support for investments by way of loans, guarantees, equity and other risk-bearing instruments, possibly combined with interest rate subsidies or guarantee fee subsidies. Financial Instruments have been used for delivering the Cohesion Policy investments since the 1994-1999 programming period and their relative importance has increased during the programming period 2007-2013. The Multiannual Financial Framework (MFF) aims to extend the scope and increase the use of Financial Instruments under the European Structural and Investment Funds (ESIF) during the programming period 2014-2020. To achieve this aim, a co-ordinated information, advisory and capacity building effort is required to the benefit of European Structural and Investment Funds (ESIF) stakeholders across all Member States.
In this context, the European Commission (EC) requested the EIB to set up, implement and manage a singleAdvisory Platform that is accessible to all European Structural and Investment Funds (ESIF) stakeholders, advising on how to design, set-up, implement and manage European Structural and Investment Funds (ESIF) Financial Instruments in the 2014-2020 programming period. The advisory platform is envisaged to (i) prepare methodological guidance (e.g. in the form of handbooks and manuals), (ii) develop and deliver capacity building services (e.g. through classroom training or e-learning solutions, (iii) design and deliver awareness raising campaigns and (iv) disseminate information/knowledge through a variety of delivery channels (including a web-based knowledge and communication hub). Moreover, the EIB offers to European Structural and Investment Funds (ESIF) Managing Authorities a range of Bi-lateral Advisory Services to facilitate the deployment of efficient and effective Financial Instruments as part of European Structural and Investment Funds (ESIF) programme implementation in Member States.

Specific Post Environment

As ESIF Financial Instruments Officer, you will assist in the development of methodological guidance and capacity building activities for all phases of the Financial Instruments lifecycle (ex-ante assessment, design, set-up, implementation, and winding-up), taking into account relevant specificities of the ERDF, ESF, EAFRD and EMFF. You will advise European Structural and Investment Funds (ESIF) Managing Authorities and provide support to the identification of Financial Instruments-related advisory needs among European Structural and Investment Funds (ESIF) stakeholders in EU Member States, including national programme authorities, regional authorities and financial agencies, as well as financial or non-financial intermediaries.

Operating Network

The selected candidate will report to the Head of Unit in charge of implementing the single Advisory Platform. As part of this work, he/she will co-ordinate external consultants and cooperate with other Departments of the Bank, the European Investment Fund (EIF) and the European Commission (EC). The successful candidate must be prepared to travel.
More specifically, he/she will be expected to:
  • Provide ESIF stakeholders with general and ESI Fund-specific advice concerning the technical and regulatory aspects of FI deployment under ESIF programmes in Member States;
  • Respond to specific requests for bilateral advisory support to Member States, including assistance with the ex-ante assessment, design, set-up or implementation of Financial Instruments, including;
  • Prepare and deliver training sessions on selected themes;
  • Support promotional and awareness raising activities for ESIF FI in the context of the Advisory Platform;
  • Develop cooperation with other partners in the Financial Instruments arena, such as ESIF Managing Authorities, financial or non-financial intermediaries, thematic networks, research institutes, etc.;
  • Represent EIB in external meetings and at public events;
  • Work in close cooperation with other EIB services, with experts at the European Investment Fund (EIF) and EU officials; and
  • Coordinate and supervise external consultants in line with the Bank’s procedures.

Qualifications

  • University degree in Finance/Business Administration and Economics/Engineering/Law/European Studies or any related subject;
  • Minimum 3 years professional experience in working with EU Structural Funds and deploying ERDF, ESF, EAFRD and/or EMFF resources for different types of ESIF beneficiaries. Sound understanding of the role and responsibilities of Managing Authorities and other ESIF stakeholders in implementing ESIF programmes;
  • 1-2 years of relevant experience in working with Structural Funds-supported Financial Instruments for SMEs, Microfinance, Sustainable Urban Development, Energy Efficiency/Renewable Energies or Agriculture/Rural Development during the 2007-2013 or 2014-2020 programming periods would be an advantage;
  • 1-2 years of relevant experience in the area of microfinance and/or social impact investing, as well as knowledge of related EC policies or financing initiatives is considered an asset;
  • Excellent knowledge of the key novelties and features concerning ESIF FIs 2014-2020, as foreseen under Regulation (EU) No 1303/2013 of 17 December 2013 (Common Provisions Regulation), related secondary legislation and other relevant EC policy documents;
  • Familiarity with the relevant regulatory provisions and operational frameworks that govern the implementation of ESIF financial instruments, such as the Structural Funds legislation (including programming and shared management principles), EU Financial Regulation, EU State aid rules and EU procurement law;
  • Willingness and availability to travel;
  • Knowledge of MS Office Tools (Word, Excel, PowerPoint);
  • Excellent knowledge of written and spoken English and a good knowledge of French (*); additional knowledge of other EU languages would be an asset.

Competencies

  • A highly developed sense of responsibility and initiative and a good team worker;
  • Strong analytical and problem solving skills;
  • Energetic commitment to deadlines;
  • Ability to make sound judgements under pressure;
  • Ability to perform in an evolving environment and inter-disciplinary teams;
  • Excellent communication skills both verbal and written;
  • Ability to produce clear and concise guidance material;
  • Diplomatic skills and ability to deal with stakeholders and clients at all levels;
  • Good negotiation skills.
For more details and to apply, please go to https://erecruitment.eib.org. 
(*) 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.
Deadline for applications: 10th September 2014
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