Graduate - Stress Testing - based in Luxembourg

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB , the European Union's bank, in the framework of its GRAD programme , is seeking to recruit for its Group Risk & Compliance Directorate (GR&C), Regulation & EIB Group Risk Department (GREG), Capital Planning & Stress Testing Division (CPST), Stress Testing Unit (STU) at its headquarters in Luxembourg, a Graduate - Stress Testing . Internal benchmark Graduate This is a full-time temporary position. The term of this contract will be until December 15th, 2027 Support the maintenance, development and implementation of the EIB Group Solvency Stress Testing Framework and the Solvency Stress Testing Programme, in order to keep the Bank at the forefront of market and regulatory developments in stress testing and comply with internal stress testing requirements. Reporting to the Head of the Stress Testing Unit, you will work in close collaboration with colleagues in the Capital Planning Unit and the Capital Management Division, with regular contact across Risk Management and with other Directorates e.g., Finance/Funding, Financial Control, Portfolio Management & Monitoring, IT, the General Secretariat and with the European Investment Fund (EIF). You will also interact, on a case-by-case basis, with internal auditors, the Bank's Audit Committee, etc. Support the development and implementation of the annual Group Solvency Stress Testing Programme Assist in executing Bank and Group-wide stress test exercises as defined in the annual Group Solvency Stress Testing Programme and any ad-hoc stress test requests, including preparing and reconciling data and performing stress test calculations for various metrics Perform initial reviews of executed stress tests and assist in drafting analyses under guidance from senior colleagues Help prepare the necessary information and presentations for the Solvency Stress Testing Steering Committee, Management Committee or Risk Policy Committee regarding stress testing activities Assist in maintaining and updating the Group Solvency Stress Testing Framework or policies and procedures that define the Group solvency stress testing activities to ensure adherence with internal standards, best banking practices and regulatory requirements Participate in assessing the impact of new business developments or new modelling initiatives on the stress testing of EIB Group risk capital metrics Support the team's efforts to further automate the stress testing processes and enhance the stress testing IT and data infrastructure to allow the stress testing function to perform independent runs and sensitivity analyses leveraging on IT systems Assist the management team in coordinating the Division's work plan, liaising with internal stakeholders to support awareness and execution of stress testing activities Contribute to the further development of Climate Risk Stress Testing and its integration into the EIB Group Solvency Stress Testing Framework. Support the team in addressing any audit points, REP recommendations or validation recommendations related to stress testing activities University degree (minimum an equivalent to a Bachelor), preferably in Business Administration, Economics, Mathematics, Physics, Statistics or other related discipline A maximum 2 years of professional experience after your most recent graduation (excluding summer jobs and internships shorter than nine months). Some experience with bank stress testing methodologies would be considered an advantage Strong quantitative and analytical skills and the ability to understand complex financial structures Experience working with large data sets and solid IT background would be preferred Sound knowledge of the MS Office pack (Word, Excel and PowerPoint). Good knowledge of VBA, SAS, Python, MATLAB, R or other programming languages Excellent knowledge of English and/or French, with a good command of the other. Knowledge of other EU languages would be an advantage. We strongly invite applicants with a disability, neurodivergent profile or chronic condition to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorised disclosure of any information or any damage to the EIB Group reputation. Deadline for applications: