Helsinki
NORDIC INVESTMENT BANK (NIB) is an international financial institution jointly owned by the governments of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank promotes sustainable growth of its member countries by providing long-term financing based on sound banking principles for projects that improve productivity and benefit the environment, including the green transition. The Bank finances investments in the corporate or public sector, as well as investments by small and medium-sized enterprises through financial intermediaries. The Bank’s role is further to assist its members in times of economic crises.
While maintaining its main focus on activities in the member countries, the Bank also finances projects in other selective markets where a mutual interest is identified.
NIB currently has some 230 employees, of which some 60 employees at the Lending Department. The total assets of NIB amount to approximately EUR 41 billion and the outstanding lending portfolio amounts to approximately EUR 23 billion. The Bank has the highest possible credit rating, AAA/Aaa, from leading rating agencies. The official work language of the Bank is English.
The Lending Department at NIB is seeking a
Associate Banker/Banker for the InvestEU Program
to support NIB’s lending activities in the context of InvestEU program implementation.
Main responsibilities
Assume end-to-end responsibility for coordinating the approval process for new InvestEU transactions by the InvestEU Investment Committee (InvestEU IC), through: advising NIB transaction teams on the required content of the InvestEU guarantee applications. ensuring consistency and high-quality standard of the submitted materials. promptly responding to InvestEU IC’s requests for additional information. Build expertise of the InvestEU legislative framework and related delegated acts & guidelines issued by the European Commission and relevant for the implementation of the program. Coordinate the regular reporting on the InvestEU loan portfolio (operational, risk and financial) and maintain responsibility for the InvestEU portfolio data quality and completeness. Initiate and contribute to the development of NIB’s internal systems required for an efficient and timely data collection and delivery to the European Commission. Coordinate NIB responses to the European Commission and to other relevant EU authorities on ad-hoc information queries as well as scheduled audits and evaluations carried out by the Commission on the NIB InvestEU portfolio. Actively contribute to the semi-annual Policy Review Dialogue between NIB and the European Commission. Monitor the developments of the InvestEU program and lead the preparations for potential calls of interest for participation in the new rounds of InvestEU budget allocation.Qualifications and experience
Preferably a master’s degree in Economics, Finance, Law, Engineering, Political Sciences or equivalent. At least 3 years of relevant experience involving interaction with the EU bodies and/or management of EU financing programs Good knowledge of the EU strategy initiatives and policy priorities Corporate banking / finance experience is considered an advantage Project management experience is considered an advantage Fluency in written and spoken EnglishKey competencies and personal qualities
Ability to work effectively across business units building networks Service-oriented and flexible mindset High degree of pro-activity, resourcefulness and initiative that shows ability to prioritize requirements, work with minimum supervision, and produce high quality work under pressure. Strong verbal and communication skills Excellent attention to details and eye for accuracyWe offer You
A novel perspective on the financial industry based on NIB’s position as an IFI owned by the Nordic/Baltic countries and chance to build networks with various stakeholders A unique opportunity to work in diversified teams of experts Complex and demanding tasks Opportunity to grow professionally An international banking environment and competitive remuneration packageThe position is located at the NIB headquarters in Helsinki, Finland. We warmly welcome expatriate employees and their families by supporting their relocation and integration to a lively Nordic capital with a modern atmosphere.
For more information about the position, contact Dmitri Kouznetsov, Director, Head of Public Sector and Utilities +358 50 5765080.
To apply for the position and for more information about NIB, please visit www.nib.int (Job opportunities). The deadline for submitting your application is 17 October 2022. Applications will however be processed successively when received.
The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.
In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience.
This vacancy is archived.