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Head of Department, Economics

European Investment Bank
Luxembourg - Luxembourg

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

Business Unit

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.

Responsibilities
  • 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.
Qualifications
  • 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
Competencies
  • 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

Job summary

Employer:

European Investment Bank

Location:

Luxembourg, Luxembourg

Education:

PhD/Doctorate

Sector:

Economist

Salary:

Job Type:

Permanent

Hours:

Full-Time

Posted:

9th June 2010

Apply By:

7th September 2010


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