Director General Finance Directorate

European Investment Bank

Luxembourg, Luxembourg

Experience: Above 10 Years

Skill Required: Accounts and Finance

Reporting to the EIB President, you will represent your Directorate throughout the Bank, collaborating closely with your peers in other Directorates.  You will also preside on the EIB’s Asset Liability Committee (ALCO).  

Externally, you will identify and develop strategic long term relationships with other EU and public financial institutions as well with other financial intermediaries (such as banks, investment funds and capital market infrastructures), rating agencies and regulators. You will also promote the EIB image at external events and toward investors, staying abreast of best practice in the market, and participating as required in conferences, panels and roadshows.

Accountabilities:

  • Define, develop and implement a vision and strategy, for the short, medium, and long term, to ensure fulfilment of the specific objectives assigned to the different business areas of the Finance Directorate, in support of the EIB mission
  • Align and embed the Directorate’s strategy with(in) the global Bank-wide strategy and its further development
  • Ensure that the business and needs of the Directorate are fully understood and supported within the Bank through appropriate reporting, communication, and engagement with stakeholders
  • Design and maintain an appropriate organisational structure and key performance indicators to ensure the realisation of the Directorate’s qualitative and quantitative objectives
  • Establish, allocate and monitor the Directorate’s budget, taking into account the financial sustainability of the Bank, and balance the effective use of budget against actual business delivery and the achievement of business objectives; embed capacity planning and cost management in all decision making within the Directorate
  • Ensure that the Directorate is appropriately staffed in terms of number and organisation and that tasks are allocated appropriately, to achieve business objectives and efficiency
  • Ensure that staff have the right competencies, objectives, and motivation to deliver the Directorate’s strategy and operational plan; oversee their key capabilities, skills and knowledge to cope with both current and future challenges and the requirements of the different business lines
  • Foster a development culture that supports all staff to grow in their current positions and prepare for future positions
  • Ensure the appropriate risk culture among staff
  • Organise, empower, manage and lead decision-making in critical phases of key area processes to deliver strategic results and objectives, in compliance with EIB policies and governance, and with applicable laws, regulations, and best banking practices (BBP)
  • Delegate and empower the execution of key area processes to the appropriate managerial or executive level. Ensure the follow-up of the realised objectives and pro-actively adapt if need be
  • Represent the Directorate towards, and maintain constructive relationships with, the different governing bodies (Board of Directors, Management Committee, Audit Committee, ALCO etc) for matters pertaining to your Directorate
  • Bring in additional external views on BBP, funding and treasury strategies etc to keep the Bank aligned with European and global standards for international financial institutions
  • Maintain and enhance the reputation of the Bank as a whole and your Directorate in particular, building and maintaining constructive relations with key stakeholders and counterparts internally and externally.

Qualifications:

  • University degree, preferably complemented by a business-oriented post graduate education
  • At least 15 years of relevant professional experience, including in-depth experience of Treasury, ALM and/or Funding activities, ideally gained in a large public or private financial institution and in a multi-currency environment
  • A demonstrable interest in/strategic perspective on operational/back-office activities and challenges
  • Experience in a public/non-profit institution with policy objectives would be a strong asset
  • A very strong understanding of the financial markets and the prevailing European regulatory landscape is a prerequisite, with a broad interest in economic and social development and the EIB’s role therein
  • At least 10 years of managerial experience, at senior level, preferably for international or multidisciplinary teams
  • Excellent knowledge of English and/or French with a good command of the other.

Source:https://erecruitment.eib.org/psc/hr/EIBJOBS/CAREERS/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&Action=U&FOCUS=Applicant&SiteId=1&JobOpeningId=108979&PostingSeq=2&