European Investment Bank (EIB)
EIB Trainee - Group Risk & Compliance Directorate - Climate-related and Environmental Risks Unit - based in Luxembourg
European Investment Bank (EIB)Slovenia10 hours ago
Full-timeOther
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-RM) - Credit & Climate Risk Department (CCRD) - Climate-related and Environmental Risks Unit (CERU), at its headquarters in Luxembourg: TRAINEE

Duration: 5 months (fixed start date: 1st March 2026)

(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).

Candidates whose Erasmus+ programme overlaps with the duration of the traineeship will not 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

You will play a key role in enhancing the Bank’s ability to assess climate-related and environmental risks by refining analytical tools and methodologies. Your work will help quantify how factors such as climate change, biodiversity loss, and pollution affect borrower creditworthiness.

You will gain hands-on experience in sustainable finance and risk management, while contributing to the integration of environmental considerations into financial decision-making. This opportunity will allow you to build valuable skills, collaborate closely with subject-matter experts, and make a meaningful impact on how the Bank addresses climate and environmental risks.

Responsibilities

You will assist the team in enhancing the tools and methodologies used to assess and quantify climate-related and environmental risks. These include but are not limited to portfolio-level materiality assessments, counterparty-level climate and biodiversity evaluations, and the quantification of potential future economic losses from extreme weather events.

This work draws on increasingly available data sources - such as firms' transition plans, financial institutions’ exposure to fossil fuels, and asset-level location data for physical risk analysis. It involves working with large datasets and performing statistical analyses, with potential opportunities to contribute to the development and testing of Large Language Models designed to extract data from corporate disclosures.

Your responsibilities may range from coding and data processing to preparing presentations and conducting market analyses.

Academic Qualifications And Professional Skills

  • Final year of studies or a university degree, preferably in IT engineering, mathematics, business administration, economics and/or finance, or environmental science.
  • Understanding of climate-related and environmental risks, particularly in the context of financial institutions and credit risk, would be an advantage.
  • Strong analytical and research skills, with the ability to translate findings into actionable insights.
  • Excellent knowledge of standard Microsoft Office tools (in particular Excel, with a good knowledge of Macros).
  • Familiarity with Python, VBA, and database tools such as Access or SAS would be an advantage.
  • Excellent knowledge of written and spoken English and/or French. Knowledge of other EU language would be an advantage.

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 November 18th, 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

Key Skills

Ranked by relevance