EIB Trainee

at  European Investment Bank

This position is based at our Luxembourg headquarters and requires 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 Group Risk & Compliance Directorate (GR&C), EIB Group Model Validation Division (VAL) at its headquarters in Luxembourg: TRAINEE
Duration: 5 months (fixed start date: 01st September/October 2024)

ACADEMIC QUALIFICATIONS AND PROFESSIONAL SKILLS

• Final year of studies or University degree in a Quantitative field such as Mathematics, Statistics, Physics, Finance;
• Interest in financial applications.
• A previous traineeship or other experience in a financial institution would be an advantage;
• Strong computer programming skills in at least one of the following Python/R/Matlab/Java/C(++);
• Prior experience in data sourcing and manipulation using SQL;
• Excellent knowledge of standard Microsoft Office tools (Word, Excel, and PowerPoint).
• Excellent knowledge of written and spoken English and/or French; Knowledge of other EU languages would be an advantage.

Your main tasks will be:

• Support the model validation officers in designing and implementing tools for the automation of reporting or quantitative analysis tasks;
• Assist the team in performing its data analysis activities (eg. data preparation / cleansing; tests of hypothesis, back-testing, benchmarking, robustness/stability analysis);
• Conduct a literature survey on the relevant subject, where needed.