EIB Trainee – Group Risk & Compliance Directorate - Stress Testing Unit – based in Luxembourg

This position is based at our Luxembourg headquarters and require regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.

The EIB, the European Union's bank, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C) – Regulation & EIB Group Risk Department (GREG) - Capital Planning & Stress Testing Division (CPST) - Stress Testing Unit (STU), at its headquarters in Luxembourg: TRAINEE

Duration: 5 months (fixed start date: 1st October 2025)

(With possible extension up to 6 months if required by University)

Please note that, as marked on our Webpage, only applications from nationals of the Member States of the European Union, as well as citizens from countries that have been officially granted candidate status to join the EU, can be considered (Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Turkey and Ukraine).

Please note that applications from students under the Erasmus+ programme cannot be considered.

Please note that you are requested to limit your applications to a maximum of three traineeship publications. We will only consider and retain the first three applications submitted.

Objective of the traineeship

The objective of the traineeship is to provide support in stress testing activities and help in the integration of stress testing into the capital planning processes.

The 2025 Stress Testing Programme includes number of new initiatives which require new processes and calculations to be put in place.

You will support these new initiatives and will contribute to the regular stress testing activities. The traineeship will provide you with the opportunity to gain hands-on experience in stress testing and develop a deeper understanding of risk management within a bank.

Responsibilities

You will be responsible for providing support in all stress testing activities, with a particular focus on:

• Customizing and fine-tuning the Climate Risk Stress Testing tool, while also contributing to the related documentation.
• Assisting in the development of stress testing capabilities and sensitivity analyses, including expanding scope, conducting four-eye reviews, and updating documentation.
• Supporting ongoing efforts to streamline processes, such as further automating data sourcing.
  
  

You are expected to take a proactive approach to address evolving challenges in stress testing.

Academic Qualifications And Professional Skills

• Final year of studies or a degree in a quantitative field such as Mathematics, Physics, Statistics, Econometrics, Computer science, or Economics/Finance with a demonstrated interest in quantitative analysis;
• Good to advanced knowledge and experience in programming, data management, and analysis skills (e.g. Python, SAS, SQL);
• Experience in writing project-related or model-related documents would be an advantage;
• Exposure to banking, finance, risk management or economics would be an advantage;
• Good to advanced knowledge of MS Office software, in particular Excel, Word and PowerPoint;
• Knowledge of the Basel III/IV regulatory framework would be an advantage (e.g. CRR);
• Excellent knowledge of written and spoken English.
  
  

Competencies

Find out more about EIB core competencies here

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 unauthorized disclosure of any information or any damage to the EIB Group reputation.

We are an equal opportunities employer, who believes that diversity is good for our people and our business. 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/identity, disability or neurodiversity.

Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Traineeship Recruitment team [email protected] who will ensure that your request is handled.

Your Application May Be Used For Another Campaign.

Please note that deadline for application is on the 20th May 2025.

More information on our EIB Traineeship Programme and Provisions for In-service training can be consulted on our EIB website; https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.htm