(Associate) Venture Debt Lawyer

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.  We also offer relocation support. The EIB, the European Union's bank is seeking to recruit for its Legal Directorate (JU), Operational Policy, Mandates and Non-EU Operations Department (OPS-POL), Restructuring, Funds and Venture Debt Division (RFV), Venture Debt Unit (VD) at its headquarters in Luxembourg, an (Associate) Venture Debt Lawyer*.

This is a full time temporary position at grade 4/5.

The term of this contract will be 1 year; as this is a temporary replacement assignment, no extension or conversion of the contract is foreseen.

*internal benchmark: (Associate) Officer Legal Services

Panel interviews are anticipated for April 2024. 

The Restructuring, Funds and Venture Debt Division (RFV), deals with the legal documentation and legal issues for Venture Debt, as well as debt restructuring and fund investments.

This position would be for the Venture Debt Unit. Venture Debt finances the growth stage of innovative companies across the EU. As an (Associate) Venture Debt Lawyer, you will assist the Head of Division and the Head of Unit together with other lawyers, in providing legal support to the operational Directorates and carrying out work relating to tasks within the Venture Debt Unit’s remit. This involves legal work both on loan agreements and equity upside arrangements such as warrants, profit participation schemes and royalty arrangements.

You will act under the authority of the Head of Division and the Head of Unit, in cooperation with the other lawyers of the Division and in accordance with the priorities established by the Head of Division and the Head of Unit (in coordination with the Head of Department).

The post may involve a certain amount of travel for negotiations and signatures of legal documentation and contracts.

• Manage contacts and negotiations concerning the EIB operations handled by the Unit and the Division, working with documents subject to numerous jurisdictions and with counterparts in several countries in autonomy (and with internal counterparts in several different areas of the Bank).
• Draft documents, provide advisory legal support, finalise contracts, complete all related legal formalities and legal monitoring (including restructuring and other post-signature events), often with the assistance of external counsel.
• Prepare terms of reference for external counsel and other consultants, liaise and supervise their work, whenever necessary.
• Contribute to the formulation of legal policies in the area of activity of the Unit and of the Division and make recommendations for the implementation of new methods and procedures within your area of expertise.
• Develop standard legal documentation for the Venture Debt operations and share knowledge on legal documentation for the Bank’s products within the Directorate.
• Lead research on legal matters in Venture Debt transactions or activities.
• Develop and maintain constructive relationships with other directorates within the Bank.

• University degree in law (minimum an equivalent to a Bachelor). Professional legal qualification in a civil or common law jurisdiction.
• At least 3 years of relevant, professional experience preferably in the field of banking and finance acquired with a firm of international repute or the in-house department of a financial institution.
• Significant experience in the drafting and negotiation of finance and/or equity documentation in English.
• Solid experience in the area of structured finance and/or venture debt would be an advantage.
• Very good knowledge of the standard computer tools.
• Excellent knowledge of written and spoken English. Fluency in other European languages, French and/or German in particular, would be an advantage.

Find out more about EIB core competencies here

“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 Recruitment team Jobs@eib.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 unauthorised disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 25th March 2024