The EIB, the European Union's bank, is seeking to recruit for its Projects Directorate (PJ) – Mobility Department (MOBILITY) – Public Transport Division (PTR), at its headquarters in Luxembourg, a:

Transport Sector Specialist 

 This is a full time position

This is a temporary replacement assignment of three years

Purpose

To assess within a multi-disciplinary team capital investment projects and programmes in the transport sector (all modes). This will include the technical, environmental, economic and financial viability, in accordance with EIB procedures. A key part of the role will be to provide advice on the identification, allocation and mitigation of project risks in financial structures and new instruments.

Operating network

He/she will report to the Head of Public Transport (PTR) Division and will work in close contact with the other engineers and economists from the MOBILITY Department, as well as in a multi-disciplinary team for project work. His/her contribution to operations including the use of financial instruments will require close cooperation with the directorates in Lending (OPS), legal (JU), risk (CRD) and monitoring (TMR), including on product development issues. The successful candidate shall also participate in horizontal tasks within MOBILITY, provide advice to internal and external stakeholders and represent the EIB at external events and during missions.

Accountabilities

• Assess and monitor the technical and environmental viability of capital investment projects, programmes and potentially for project finance transactions within EU member states and in the other countries in which the EIB operates. A strong sector expertise in the following areas is sought:
  • Development of Urban Mobility Plans and all modes of transport included hereunder.
  • Strategic Infrastructure, notably in rail corridors and the application of relevant EU legislation
  • Rolling stock operations
  • Innovative aspects of transport management and vehicle technologies (alternative fuels, E-mobility, etc.)
  • Governance of the above
• Provide assistance in the early screening of projects/programmes and assess the conformity of projects with EIB Transport Lending Policy and any initiative specific requirements
• Assess the technical, environmental, economic and financial viability of capital investment projects and programmes, for transport projects, primarily in the EU member states and potentially for project finance transactions in the other countries in which the EIB operates
• Contribute to the development of new financial instruments within the sector in the context of the Connecting Europe Facility and Juncker Plan.
• Cooperate with other Directorates, as required. This will apply more specifically to cooperation with the European Commission (in particular DG MOVE), and possibly JASPERS or other International Financial Institutions
• Selectively check compliance with loan conditions and EIB policy during the monitoring phase with a view to managing the Bank’s reputation risk, liaising, where necessary, with other IFIs and the compliance functions of the EIB (Audit, Investigation, Ex Post Evaluation and Complaints Mechanism).
• Monitor the implementation of financed investments in accordance with PJ procedures during and if necessary after the implementation phase, in particular for Project Finance operations, in close cooperation with TMR
• Support the Head of Division in horizontal tasks within the sector as required
• Actively contribute to project-related Technical Assistance (TA) initiatives

Qualifications

• Qualified professional expert with relevant university degree with a good knowledge of transport engineering and economics, including applied quantitative methods, in particular cost/benefit analysis and project finance modelling/structuring in relevant fields such as transport infrastructure
• Post graduate qualification, preferably in economics, business administration and/or transport engineering, including relevant training in project finance techniques
• At least 8 years of relevant professional experience in the transport sector, ideally including the roads sub-sector; specific experience in the role of Lenders’ Technical Adviser will be highly appreciated
• Experience should ideally cover the technical, environmental, economic and financial evaluation of transport projects through the feasibility, design, development and supervision phases of projects and including some management and operational practice; it should also cover risk analysis as well as market and sector studies
• Additional experience in PPP/Project Finance, innovative funding and private sector participation in transport infrastructure projects would be highly appreciated
• Understanding of EU policies, and the political & operational framework in which the Bank operates would be an advantage
• Kknowledge of climate action aspects of transport operations would be an advantage
• Excellent knowledge of English and French (*). The knowledge of other European Union languages will be highly appreciated
• Proficiency in computer applications, in particular with spreadsheet modelling and risk analysis software

Competencies

• Ability to draft clear and concise reports
• Good interpersonal, team-working and communication skills
• Good analytical and reasoning skills with capacity to provide sound judgement concerning the issues in his/her area of responsibilities
• Capacity to plan and organise his/her work
• Capacity to co-ordinate projects across directorates
• Result orientated
• Ability to work under pressure

(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in one of the two languages. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of the relevant language 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

Deadline for applications: 31^st March 2015

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