The EIB, the European Union's bank, is seeking to recruit for its Legal Directorate (JU) – Legal Department, Operations (OPS) – South East Europe Division (SEE), at its headquarters in Luxembourg, a:
Italian-qualified Banking / Finance Lawyer
This is a full time position at grade 4/5
The term of this contract will be 4 years
The EIB offers fixed-term contracts of up to a maximum of 6 years, according to business needs,
with a possibility to convert to a permanent contract, subject to organisational requirements and individual performance.
Purpose
The South East Europe (SEE) Division deals with the legal documentation and legal issues for projects in the following countries: Italy, Malta, Slovenia, Croatia, the Balkans, Greece, Bulgaria, Romania, Cyprus and Turkey. Together with other legal counsels, and under the authority of the Head of Division and Head of Department, the successful candidate will deliver legal support to the operational directorates.
Operating Network
The lawyer, internally referred as (Junior) Officer Legal Services, will act under the authority of the Head of Division, in cooperation with the other lawyers of the SEE Division and will collaborate with all other Divisions in the Legal Department - Operations, depending on the project.
Accountabilities
The lawyer will carry out work related to all of the Division's responsibilities and work independently on financing operations in particular, with relation to projects in Italy. The post may involve a certain amount of travel for negotiations and signatures of legal documentation. S/he will:
• Draft and negotiate legal documentation for financing operations and guarantees for:
• projects in the aforementioned countries, notably bilateral loans with banking sector and/or corporates and/or public sector counterparties;
• structured finance (including securitisations), project finance and PPP transactions, with or without the assistance of external legal counsel.
This involves: drafting of documents, legal advisory support, execution of contracts, completion of all related legal formalities and legal monitoring (including loan restructuring and other post-signature tasks).
• Manage contacts and negotiations with the Bank’s clients and their legal counsels.
• Take care of the selection and appointment of, liaise with and supervise the Bank’s external legal counsels, whenever necessary.
• Take care of the administrative formalities vis-à-vis clients (public institutions and private enterprises) which have legal nature of have legal implications.
• 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 financial instruments.
• Develop and maintain relationships within the Bank and represent EIB externally where necessary.
Qualifications
• 4- or 5-year university degree in law; professional legal qualification as “avvocato” in Italy. An additional qualification as an English solicitor or under New York law (or another US jurisdiction) would be an advantage.
• Post-graduate legal studies (LLM or equivalent) in a university of international reputation would also be an advantage. It is specified that to this end an LLM degree is considered as one achieved after and on top of the basic 4- or 5-year legal studies in Italy.
• A minimum of 3 years of relevant post-qualification experience; candidates with a higher level of professional experience are however encouraged to apply if strongly interested.
• Significant professional experience in the field of banking, structured finance and/or project financing/PPP transactions, preferably acquired with a law firm of international reputation.
• Significant experience in the drafting and negotiation of finance documentation in Italian and in English, ability to argue convincingly and achieve consensus among colleagues and third parties on legal problems.
• Excellent knowledge of Italian and English and good knowledge of French(*). Knowledge of other EU languages would be an advantage.
• Good organisational skills and ability to prioritise and meet deadlines.
Competencies
• Achievement Drive: Continually keeps an eye on performance, focusing on improving it, showing drive and determination to meet short and long-term goals.
• Change Orientation: Adapts to differences and changes in the environment; takes a flexible approach to reach outcomes.
• Collaboration: Works cooperatively as part of a team; works collaboratively with peers across organisational boundaries based on a genuine interest in and an accurate understanding of others and their individual perspectives and concerns.
• Organisational Commitment: Is willing to commit to an organisation whose mission is to support Europe and is open to diversity, and to align her/his own behaviour with the organisation’s needs and intrinsic values, acting with integrity in ways that promote the organisation’s mission, policies and rules.
(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in French. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of French and accept that their future career in the EIB may be subject to the attainment of sufficient proficiency in both of the Bank's working languages.
Location – Luxembourg
Email Address For The Responses - Eib.sourcing@alexmann.com
We believe that Diversity is good for our people and our business. We promote and value diversity and inclusion among our staff and candidates; irrespective of their gender, age, nationality, race, culture, education and experience, religious beliefs, sexual orientation or disability.