Head of Department, Economics

The appointment for the post is for an initial fixed period of 5 years with possibility of extension

The Economics Department is in charge of economic & financial research; operational policy support; and country intelligence & financial sector analysis. The Head of Department manages a team of around 30. The position reports jointly to the two Directors General in charge of Operations, and is under the functional supervision of a Vice-President.

• Develop and implement a vision and an overall strategy for the Department, in support of the Bank's strategy and objectives.
• Identify, manage and develop the resources, means, policies, methods and tools needed to implement such a strategy in the most effective way, setting and monitoring the objectives and related work plans.
• Ensure that staff have the adequate competencies, objectives and motivation to implement the strategy and deliver results, promoting a culture of learning, creativity, collaboration and knowledge sharing
• Implement effectively the key processes, initiatives and activities of the Department in conformity with EIB policies and rules; ensuring the day-to-day management and the regular delivery and communication of the advice expected.
• Promote and preserve a network of external contacts and a close cooperation and partnership with the Commission, relevant international organisations, public authorities, experts, academia and other third parties
• Maintain a constructive cooperation with other areas of the EIB as well as with the EIF.

• University Degree in Economics and/or Finance
• At least 10 years of professional experience in economic/financial analysis on topics of relevance (e.g. macroeconomics, finance, EU matters, developing economies and emerging markets)
• At least 5 years of experience in managerial functions
• Excellent knowledge of a broad range of relevant economic specialities, with a thorough understanding of key principles, applied quantitative methods and practices of economic and financial research, intelligence and analysis.
• Broad knowledge of EIB group's objectives, strategies and policies; with an ability to understand its political and operational framework and its role within the EU
• Good understanding of EU policy, world and development economies
• Fluent in English or French and a solid understanding of the other

• Ability to think strategically, to build and communicate a compelling vision, and to contribute to the overall EIB policy and strategy.
• Decision making capacity with focus on results, but understanding the need for diplomacy, consensus building and cooperation.
• Delegation, based on intellectual leadership and the ability to analyse, judge, set alternatives, priorities and objectives and empower staff to achieve their targets
• Coaching and Development skills and leadership to manage, orientate, develop and motivate staff
• Commitment, integrity, and sensitivity to diversity matters
• A proven team player, with outstanding drafting and verbal communication and interpersonal skills at all levels, able to explain economic matters in clear language to different audiences.
• Reliability to meet the commitments and performance expected