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 Directorate, Group Risk & Compliance Directorate (GR&C;), Group Financial Risk Department (GFIN), Derivatives Division (DER), Counterparty Credit Risk Unit (RKU), at its headquarters in Luxembourg, a Financial Risk Management Officer – Derivatives Counterparty Credit *.

This is a full-time position at grade 5 for which the EIB offers a permanent contract.

Panel interviews are foreseen as from August 2026.

Purpose

You will provide independent, high-quality oversight and reporting of counterparty credit risk related to derivative transactions, ensuring robust risk measurement, transparent risk reporting, and the effective implementation of risk management practices in full alignment with the EIB’s financial risk policies.

Operating Network





The Derivatives Counterparty Credit Risk Unit is in charge of managing the credit risk of derivatives transactions. Its tasks involve:

setting minimum conditions and risk limits for derivatives counterparties,
specifying and monitoring counterparty risk measurement calculations,
reporting and monitoring compliance with limits of counterparty credit risk exposures,
contributing to exposure reduction in case of limit breaches or low limit availability,
monitoring collateral management activities,
negotiating the ISDA/CSA agreements in collaboration with Front Office,
computing liquidity and funding stress scenarios and internal risk charges,
performing credit risk stress tests related to derivatives.

You will report to the Head of the Counterparty Credit Risk Unit, and work in close collaboration with the Head of the Derivatives Division and a team of Quantitative Analysts.

Accountabilities

Define and continuously enhance the Ban

📌 Financial Risk Management Officer – Derivatives Counterparty Credit (Madrid)
🏢 European Investment Bank (EIB)
📍 Madrid