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The EIB, the European Union’s bank, is seeking to recruit for its Transaction Management and Restructuring Directorate (TMR) - Restructuring, Refinancing/Repackaging & Funds Division (RRF) at its headquarters in Luxembourg: TRANSACTION MANAGEMENT OFFICERS – SPECIAL TRANSACTIONS This is a preliminary campaign in order to create a reserve list for anticipated future vacancies. Appointments will be made on the basis of a fixed term contract of up to 4 years. Purpose Under the supervision of the Head of Division/Head of Unit, the Transaction Management Officer – Special Transactions will propose, negotiate and implement solutions in relation to complex post signature events for signed debt and equity operations (entailing debt restructuring and refinancing transactions). He/she will, in addition, monitor intensive care cases, in order to protect the Bank’s financial interest and reputation across both EU and non-EU jurisdictions. The exact composition of the portfolio will depend on the selected candidates’ experience in the Restructuring of Debt and Equity operations. Specific post Environment TMR monitors counterparts and contracts and acts on contractual events under its responsibility, as well as on distressed transactions, in order to protect the EIB's financial interest and reputation. The Directorate is responsible for the Financial Monitoring, Event Resolution and Restructuring of (i) EU debt counterparts, (ii) EU and non-EU fully invested funds and equity, as well as (iii) EU and non-EU private sector distressed transactions. TMR is also responsible for developing and updating Bank-wide Financial Monitoring guidelines. TMR/RRF covers all special transactions, as well as post-disbursement/investment equity operations, originated both inside and outside of the Union. Operating Network Under the supervision of the Head of Division, the successful candidate will cooperate closely with other Departments, Directorates and Divisions across the Bank, in particular with the Origination teams, with Legal, Finance and Credit Risk,and with the other Divisions in TMR, which transfer distressed cases to RRF. S/he will also have external contact with counterparts, other transaction stakeholders, co-lenders, agents, shareholders, borrowers, sponsors and sector experts. Responsibilities Depending on the level of the post, and their relevant experience, the selected applicant will be expected to support, execute or lead: The resolution of work-intensive post-signature events The negotiation and restructuring of assigned private sector, financially distressed, EU and non-EU transactions The monitoring of and reporting on assigned special transactions including intensive-care transactions The preparation, when required, of watch lists, provisioning and coverage reports for assigned borrowers and transactions The management of relationships with counterparts and co-lenders in respect to special transactions Contributions to the Division’s regular reports Qualifications University degree, preferably in Business Administration, Law, Finance or Economics, ideally supplemented by post-graduate studies and/or training in Restructuring At least 3 to 5 years of relevant professional experience gained in the financial services sector Experience in the handling of origination and negotiation of project finance, distressed cases and the transaction of structured finance operations Solid track record in project and/or corporate loans, ideally with exposure to equity type instruments Strong credit risk skills, including financial and cash flow analysis Excellent quantitative skills Knowledge of standard computer tool. Experience and advanced knowledge of Excel and/or other financial monitoring systems and techniques, would be an advantage Excellent knowledge of English and/or French (*) and a good command of the other. Knowledge of other EU languages would be an asset Competencies Aptitude to understand, anticipate issues in assigned transactions and provide sound judgement Strong communication skills, both verbal and written Strong negotiation skills with the ability to convince and instil confidence Ability to maintain good contacts with borrowers and agent banks Aptitude to work independently and under pressure (*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in one of the two languages. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of the relevant language 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:6th April 2013 For more details and to apply, please go to https://erecruitment.eib.org selecting Job ID 100457 We believe that Diversity is good for our people and our business. We promote and value diversity and inclusion among our staff and candidates; irrespective of their gender, age, nationality, race, culture, education and experience, religious beliefs, sexual orientation or disability Working time Full-time work Location Luxembourg Reference number: CVO-291695-LV

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