EIB Trainee

at  European Investment Bank

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) – EIB Group Internal Modelling Division (IM) – Model Maintenance and Monitoring Unit (MMU), at its headquarters in Luxembourg: TRAINEE
Duration: 5 months (fixed start date: 1st March/April 2025)

ACADEMIC QUALIFICATIONS AND PROFESSIONAL SKILLS

• Final year of studies or University degree in a quantitative field such as Mathematics, Statistics, Data Science, Physics, Economics or Finance.
• Knowledge of risk management concepts and credit risk modeling would be considered an asset.
• Statistical analysis of data (hypothesis testing, (linear) regression analysis, model selection, data mining, graphical presentation of data)
• Proficiency in Python. Knowledge of R, SAS, SQL or VBA would be considered an asset.
• Excellent or good knowledge of standard Microsoft Office tools (in particular Word, Excel, and PowerPoint)
• Excellent knowledge of written and spoken English. Knowledge of another EU language would be an advantage.

Under the direct supervision of the senior colleague, you will support and collaborate with other colleagues of the unit and contribute to the following activities:

• Coding of Python scripts for data collection, manipulation, statistical analysis and automatized report generation
• Migration of existing R, SAS and VBA scripts to Python
• Preparation of reports and presentations in the areas of model performance testing and oversight
• Support of drafting solution designs
• Documentation of the results, the analyses and the different data collection/cleaning steps such that a third party may replicate the exercise