(Associate) Banking & Finance Lawyer – Western Europe

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), EU Operations Department (OPS-EU), Western Europe Division (WE), at its headquarters in Luxembourg an (Associate) Banking & Finance Lawyer – Western Europe* 

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 

The purpose of this role is to provide legal support to the operational Directorates by carrying out work relating to tasks within the Division's remit, focusing on corporate lending, lending to public entities, intermediate lending (including risk sharing facilities, project finance, credit enhancement guarantees), and post-signature work.

Work involves activities of various complexity and recurring (e.g. negotiate finance document, advise on post-closing events) as well as non-standard nature (e.g. research in connection with new products; advise under the general supervision of the Head of Division on more complex structured finance; taking instructions from the Head of Division on highly sophisticated and complex legal matters).

You will report to the Head of Division and cooperate with the other lawyers of the team as well as other colleagues from the Legal Directorate. You will also collaborate with other Directorates including Operations, Project Directorate, Portfolio Management and Monitoring or Finance Directorate, and with external counterparts (e.g. external legal counsels, borrowers, guarantors, etc.)

• Provide legal advice both prior and after the financial close and ensure that – whenever the advice of the division is sought – the legal policies in own domain are implemented
• Draft and negotiate legal documentation for:
  • projects France Benelux Irland and UK operations, notably bilateral loans with banking counterparts, public entities and major corporates,
  • structured finance operations, including ABS and covered bond type operations,
  • other forms of financing, including risk – sharing structures, on funded and unfunded basis, equity and quasi-equity products (mezzanine and subordinated instruments, warrants).
• Draw up reports on completed transactions and prepare own proposals when consulted on fundamental or unusual issues
• Liaise with external consultants and supervise their work, whenever necessary
• Provide guidance to Administrative Assistants in the execution of legal processes 
• Undertake research and conduct legal studies on issues of law arising in connection with the Bank's operations and in the context of developing new products of the EIB
• Develop and maintain relationships within the Bank and represent EIB externally

• University degree in law in a civil law (minimum an equivalent to a Master, preferably at Master II level). Qualification, under Luxembourg, Belgium or Dutch law, will be a nice to have.
• Admission to a relevant bar association is considered an advantage.
• Minimum of 3 years of relevant professional experience in the field of banking and finance law, preferably acquired with a law firm of international reputation or the in-house legal department of a financial institution.
• Experience with EIB financing will be considered an advantage.
• Significant experience in the drafting and negotiation of finance documentation in English; experience in working in French and/or Dutch will be considered as an advantage 
• Excellent knowledge of written and spoken English. Knowledge of Dutch and/or French language will be an advantage.