European Investment Bank
tendersglobal.net
Job Description
<!–
Description
–>
You will review, comment, and validate contractual documents concerning the Bank’s ordinary lending operations as well as other financial products (incl. equities, guarantees and bond instruments) in order to ensure that the lending related principles and internal procedures are followed and that the financial interests of the Bank are protected.
Operating Network:
You will report to the Head of Unit and operate in a team of nine people whose main responsibility is to review the financial documentation on FI’s behalf before signature and financial engagement of the Bank.
You will provide opinion or advice on the proposed loan structures and their characteristics. You will sign off on loan pricing structures and validate the financial and contractual aspects of restructuring, refinancing or repricing operations.
The unit reviews the financial clauses of legal documentation in the context of Bank’s lending operations during the negotiation process in coordination with the Legal, Origination, and Transaction Management directorates of the Bank. The Unit also provides advisory services on the financial feasibility of proposed loan structures and verifies the accuracy of the structure for subsequent pricing by the Treasury.
Accountabilities:
- Review finance contracts and contract modifications in the lending domain covering products such as bond instruments, project finance structures, local currency solutions, equity funds, restructurings and guarantees, etc. This task needs to be performed by ensuring that the legal documentation contains financial clauses in line with the Bank policies and that the contractual commitments proposed by the lending (“OPS/GLO/PMM”) and the legal (“JU”) directorates are in line with the approved products, processes and procedures.
- Advise OPS/GLO/PMM/JU on the rationale and the way of implementing financial clauses and products in FI, in line with internal Treasury and Funding policies, and in the Bank’s booking system. If needed, specify the changes that need to be incorporated in the legal documentation in order to reflect the financial engagement taken by the Bank and eliminate or minimize the divergence from the standard FI products and FI procedures in the loan documentation.
- Review and validate on behalf of FI, the “Contract Summary Note”, which constitutes an agreement of the Bank’s services to sign a contract. If needed, contact other FI services to get their opinion- for their respective area of competence – in the review and validation of the new proposed operation.
- Validate firm quote requests for loan pricing after having verified alignment with the respective approvals/loan documentation.
- Review and provide opinions to Notes (e.g. notes to the Management Committee or internal notes to services) submitted by OPS/GLO/PMM and ensure that the proposals are in line with FI policies and procedures.
- Provide ad-hoc advice to OPS/GLO/PMM on complex and non-standard transactions in relation to the financial clauses contained in the legal documentation, the structure of the financial products and the FI processes and procedures to be applied.
- Actively contribute to the improvement of the lending products, processes and procedures of the Bank by analyzing and identifying (also by interacting with other divisions/departments) potential changes, by providing concrete, well-structured proposals and following up their implementation.
- Contribute to the development of new IT tools, in relation to lending products and reporting of the team’s activities, in order to enhance processes automation and operational efficiency.
- Assist and support the Head of Unit for specific tasks, where required.
Qualifications:
- University degree (minimum an equivalent to a Bachelor) preferably in Finance, Business Administration or Law.
- Additional relevant postgraduate studies or professional qualification would be considered as an advantage.
- Minimum 3 years of relevant professional experience in lending or treasury, ideally in loan origination, loan syndication, capital markets advisory, restructuring function or other relevant financial areas.
- In depth knowledge of the financial sector and of the Bank’s lending products offering.
- Proficiency in standard IT applications.
- Excellent knowledge of English and/or French, with a good command of the other. Knowledge of German, Spanish or Italian would be an advantage.
<!—
<!–
Recommend your friend
<!–
–>
To help us track our recruitment effort, please indicate in your cover/motivation letter where (tendersglobal.net) you saw this job posting.
Related Jobs
Showing 1 - 4 of 176442 jobs
-
UNDP : National Climate Information Consultant to support VN-CSCC project – Hanoi
European Space AgencyHanoi, VietnamHanoi, Vietnam- Contract
-
NEW Directeur Adjoint des Resources Humaines et Culture Senior level – Senior IRC – International Rescue Committee Goma
IRC - International Rescue CommitteeAnywhereAnywhere- Contract
-
UNDP : Le recrutement d’un consultant international en charge d’elaborer le rapport – Bujumbura
European Space AgencyBujumbura, BurundiBujumbura, Burundi- Contract
-
UNDP : Programme Analyst – Astana
European Space AgencyAstana, KazakhstanAstana, Kazakhstan- Contract