Head Of The Review And Evaluation Process Team – Based In Luxembourg

OverviewHead of the Review and Evaluation Process team – based in Luxembourg.The position is based at the Luxembourg headquarters and requires regular office presence.The EIB offers the opportunity to live and work in a truly international and multi-cultural environment, and relocation support is provided.The EIB, the European Union's bank, is seeking to recruit a Head of the EIB Review and Evaluation Process team to oversee its process based on relevant EU banking supervisory processes.This is a full position at grade 8.The appointment is for a fixed term of four (4) years.The successful candidate will be offered a definitive duration contract (CDD) of four (4) years which cannot be renewed or converted.TimelineApplicants will receive initial feedback in February ****.Assessment Centres for selected applicants will take place in March ****.Panel interviews are anticipated for early April ****.Final decision expected in April ****.Onboarding is expected on 1 September **** at the latest.PurposeYou will manage and lead the Review and Evaluation Process (REP) team within the EIB Group, reporting to the Audit Committee.Under its guidance, you will refine, adjust and implement the specific review and evaluation approach and methodology for the EIB Group.The role is exercised within the established supervisory framework of the REP function, where supervisory judgement and proposals of conclusions remain an integral part of the Head of REP responsibilities, with the final responsibility for the REP decisions resting with the Audit Committee.The REP is a review and evaluation process building on the EBA Guidelines for common procedures and methodologies for the Supervisory Review and Evaluation Process (SREP) and the ECB SREP methodology, adapted to the specific situation of the EIB Group.Specific Post EnvironmentThe European Investment Bank (EIB) Group is the financial arm of the European Union, comprising the EIB and the European Investment Fund (EIF).The Group is the world's largest multilateral lender and borrower, financing projects that advance EU policy objectives such as climate action, innovation, and social cohesion.The organisation employs approximately 4,400 staff for the Bank and 735 staff for the Fund in 58 offices worldwide.Operating NetworkThe Head of the Review and Evaluation Process team reports functionally to the Audit Committee, including frequent direct contact with its Chair.Administratively the team is located within the Secretary General Directorate and cooperates closely with the Audit Committee and senior management of the EIB and EIF.External contacts include the ECB, EBA, banking supervisory authorities of the Member States, and other relevant organisations.AccountabilitiesTeam ManagementAccountable for team performance, setting objectives and ensuring quality deliverables.Determine, monitor and adapt the resources needed to deliver the supervisory function as expected and defined by the Audit Committee.Compose and build a balanced team of EIB professionals and lead periodic recruitment.Manage internal and external processes to ensure the seconded staff from the ECB and EU National Competent Authorities, as necessary.Determine and implement the budget needed to deliver the supervisory roles in consultation with the Audit Committee.Ensure that staff within the REP team have the right competencies, objectives and motivation to realise the prudential supervisory function within the EIB.Methodology Development and PerformanceDevelop and implement a medium- and long-term vision to ensure the supervisory function within the EIB.Manage responsibilities of the team as laid out in the EIB REP Guiding Principles and associated documents.Manage the critical phases of key area processes and missions of the REP team to ensure delivery and conformity of the supervisory function within the EIB.Establish and actively manage relationships of the EIB REP function and the Audit Committee based on regular and transparent communication with EIB Group managing bodies and key services.Review and refine, on an ongoing basis, REP methodologies and processes, adapting specific elements to meet SSM standards and experiences, while considering the EIB context.QualificationsRelevant university degree (Master's degree or equivalent).At least ten years of in-depth experience related to supervisory or control activities (e.g. banking supervisory authority, internal or external audit, national or international regulatory body, risk management or management strategy consultancy).At least five years of experience managing and coaching teams ideally in multicultural environments or international organisations.Experience in leading a supervisory team in the performance of the SSM Supervisory Review and Evaluation Process.Experience in the development of methodological aspects of the SSM Supervisory Review and Evaluation Process.Knowledge of institutional decision-making processes and governance of EU institutions and bodies is an advantage.A professional certification in financial risk management, internal audit or CFA is an advantage.Fluency in English both written and spoken.Knowledge of other EU languages would be an advantage.CompetenciesFind out more about EIB core and managerial competencies.To find out more about our eligibility criteria, click here.Diversity and InclusionWe hire and value talent with unique characteristics, creating a work environment where they can be themselves.We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation.We encourage all suitably qualified and eligible candidates to apply regardless of gender identity, age, race, ethnicity, culture, religion, beliefs, sexual orientation, disability or neurodiversity.We strongly invite applicants with a disability, neuro-divergent profile or chronic condition to request reasonable accommodations at any stage during the recruitment process.Please contact the EIB Recruitment team at who will ensure your request is handled.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 you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorised disclosure of any information or damage to the EIB Group reputation.DeadlineDeadline for applications: 2nd February ****.#J-*****-Ljbffr