Trainee - General Legal Affairs Unit

Trainee - General Legal Affairs Unit
Region: Luxembourg
Required experience: None
Environment: Company
Contract: Temporary position (Full-time)

Company description

We are a specialist provider of risk finance to benefit small and medium-sized enterprises (SME) across Europe, part of the EIB Group. Our shareholders are the European Investment Bank (EIB), the European Union, represented by the European Commission, and a wide range of public and private banks and financial institutions.

We carry out our activities using either our own resources or those provided by the European Investment Bank, the European Commission, by EU Member States or other third parties. By developing and offering targeted financial products to our intermediaries, such as banks, guarantee and leasing companies, micro-credit providers and private equity funds, we enhance SMEs access to finance.


Duration: five (5) months & Starting date: envisaged 1st March 2024

Specific Post Environment:

You will be part of the General Secretariat and will work within the Institutional Affairs Division's General Affairs Unit (GLA) in charge of EIF’s institutional legal matters: EU regulatory matters, corporate matters, implementation of EU Structural funds’ mandates, State aid, inter-institutional relations and related internal policies.

The specific project linked to this traineeship is the review of the EU State aid requirements applicable to EIF mandates, in light of new regulatory developments, the Common Provisions Regulation 1060/2021 (CPR) applicable to EU Structural Funds for the Programming Period 2021-2027, and addressing procurement requests, including review of contractual documentation.

The traineeship shall materialize in working on legal questions relating to EU Structural Funds, State aid and public procurement issues and the subsequent dissemination of such deliverables within the Division.


Overall objectives:

You will be: 

  • Furthering knowledge of existing EU law relevant to the activities of the EIF, in particular: rules concerning EU Structural Funds (CPR – Regulation 1060/2021), EU State aid legislation (General Block Exemption Regulation and De minimis Regulation), public procurement (Directive 2014/24/EU);
  • Performing research and drafting memos on the recently revised State aid regulatory framework; 
  • Familiarising yourself with the work of an in-house legal function operating in the context of EIF’s mandates and addressing various EU regulatory queries.


Responsibilities:

Under the guidance of the Head of Unit and/or other members of the General Legal Affairs Unit, you shall:

  • Research and analyse the revised State aid legislation and amendments thereto;
  • Contribute to the legal research and the review and drafting of documents including legal memos and internal presentations on EU Structural Funds and State aid, as appropriate;
  • Address specific legal queries from other departments on EU Structural Funds, State aid and public procurement;
  • Monitor and provide summaries of case law developments in areas of relevance to the Division’s activities;
  • Research and analyse other legal issues relevant to the EIF GS/CIA/IA/GLA.


Expected outcomes:

  • Analysis on the revised State aid legislation and amendments thereto, including by contributing to the development of internal guidance on this topic;
  • Analysis of the EU Structural Funds legal framework and CPR contractual documentation for MFF 2021-2027;
  • Timely processing of specific public procurement-related legal requests, including review of contractual documentation;
  • Compiling research results and preparing memoranda on legal matters relevant to the GLA Unit;
  • Becoming familiar with the tasks of an in-house corporate legal team within an EU body. 


Qualifications:

  • University degree in the legal field (preferably at Master level);
  • Basic knowledge of general EU law;
  • Preferably some technical knowledge on Common Provisions Regulation (1060/2021), EU state aid rules (GBER and De minimis Regulation), Directive 2014/24/EU on public procurement;
  • Understanding of EIF’s general mission and activities as per its Statutes;
  • Prior experience (traineeship) in a law firm, in-house legal service of a financial institution would be a plus.


Competencies:

  • Excellent legal drafting and analysis skills;
  • Analytical thinking and problem-solving mindset;
  • Fluency in English (minimum level: C1); knowledge of further EU languages considered an asset; 
  • Good interpersonal and communication skills;
  • Ability to work productively;
  • Demonstrate initiative, capability to work autonomously under given objectives and organise own work effectively even under time pressure.


Deadline for applications: Wednesday, 24th January 2024

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 EIF Recruitment team Recruitment@eif.org who will ensure that 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 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.

Candidates are informed that pre-employment integrity screening is an integral part of the EIF recruitment process.


* Due to high volume of applications, only candidates selected for interviews will be contacted.

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