Associate Energy Sector Specialist - based in Luxembourg

European Investment Bank (EIB); Wien; On-site; EUR 90,000 - 130,000; Full time

Benefits offered by this job

Relocation support

Job summary

European Investment Bank, based in Luxembourg, seeks an Associate Energy Sector Specialist to contribute to appraising energy sector projects and programmes. You will assess technical, economic and financial soundness, market relevance, policy alignment and impact, supporting robust financing decisions in line with the EU Climate Bank mandate.

You will join the Energy Advisory and Energy Efficiency Division within the Energy and Environment Department and collaborate with multidisciplinary

Qualifications

• Bachelor degree in Economics, Finance, or related discipline.
• At least 3 years of relevant experience in the energy sector including due diligence, appraisal, implementation or monitoring.
• Knowledge of energy markets, EU energy and climate policy frameworks and related regulatory arrangements.
• Ability to contribute to financial and economic analysis including financial models and scenario analyses.
• Excellent English and French; knowledge of additional EU languages is an advantage.

Responsibilities

• Contribute to investment decisions by assessing technical, economic and financial viability of energy projects.
• Evaluate strategic fit, affordability, environmental and social aspects, and alignment with EU/EIB objectives.
• Analyse energy markets, risks, pricing, tariffs and regulatory frameworks to inform project viability.
• Collaborate with lending teams and project teams across the lifecycle from screening to completion.
• Assess financing considerations, run sensitivity and scenario analyses and discuss risk allocation.
• Produce concise appraisal and monitoring reports and provide clear advice to decision-makers.
• Engage with external stakeholders, including promoters, authorities and EU bodies, for project development.
• Support external analytical work and technical assistance with consultant briefings and outputs.

Skills

Energy markets knowledge

Financial analysis

Risk assessment

Stakeholder engagement

Education

Bachelor's degree in Economics/Finance/Engineering

Job description

Position Overview

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.

The EIB, the European Union's bank is seeking to recruit for its Projects Directorate (PJ) - Energy and Environment Department (E2D) - Energy Advisory and Energy Efficiency Division (ENAD), at its headquarters in Luxembourg, Associate Energy Sector Specialist *. This is a full-time position at grade 4. The term of this contract will be 3 years.

• internal benchmark : Associate Economist

Panel interviews are anticipated for November-December 2026.

Purpose

Join the EIB’s Projects Directorate and help shape investments that support Europe’s climate and sustainability ambitions. In this role, you will contribute to the appraisal of energy sector projects and programmes, assessing their technical, economic and financial soundness, market relevance, policy alignment and expected impact. Your expertise will help ensure that EIB financing decisions are robust, future-oriented and aligned with the Bank’s role as the EU Climate Bank.

Specific Post Environment

You will join the Energy Advisory and Energy Efficiency Division (ENAD), within the Energy and Environment Department (E2D), as part of the EIB’s Projects Directorate. Embedded in multidisciplinary project teams, you will work closely with experienced colleagues across the Energy Department, other Projects Directorate teams, lending operations and horizontal initiatives, while reporting to the relevant Head of Division.

This role offers the opportunity to apply your energy sector knowledge and analytical judgement to investment proposals that support the energy transition. Under the guidance of senior colleagues, you will assess market conditions, policy frameworks and project fundamentals, and contribute clear, evidence-based analysis to project appraisal and monitoring. You will also engage with a wide range of stakeholders — including promoters, public authorities, EU institutions, international organisations and other external partners — with opportunities to take part in missions and selected sector events.

Operating Network

In this role, you will work closely with colleagues across the Energy Department, other teams in the Projects Directorate and the wider EIB, particularly those involved in lending operations and cross-cutting initiatives. You will be part of multidisciplinary project teams, giving you exposure to different areas of expertise and the opportunity to contribute to the Bank’s broader energy and climate objectives.

You will also engage with a broad range of external stakeholders, including project promoters, firms, public authorities, EU institutions, international organisations and other partners. These interactions may take place in the context of project appraisal, Technical Assistance, missions and selected sector events, offering you the opportunity to build a strong network and gain insight into energy investment projects across different markets and policy environments.

In this role you will has to travel outside EU on a frequent basis.

Accountabilities

The Following Activities Will Be Carried Out With The Backing And Under The Supervision Of Senior Experts, And Mainly In Support Of Their Work

• Contribute to investment decisions that support the energy transition by assessing the technical, economic and financial viability of energy projects and programmes, including energy efficiency, electricity and heat networks, renewable energy and related transition investments.
• Help evaluate the wider value and impact of projects, looking at their strategic fit, commercial viability, affordability, environmental and social sustainability, and alignment with EU and EIB energy and climate objectives.
• Analyse energy markets and key risks, including demand trends, pricing and tariff structures, regulatory frameworks and support schemes, and translate your findings into clear conclusions on project viability and expected impact.
• Work closely with lending teams and multidisciplinary project teams throughout the project cycle — from early screening and structuring to appraisal, monitoring and completion — helping identify sound and impactful investment opportunities.
• Assess project risks and financing considerations, including financial model outputs, sensitivity and scenario analyses, market conditions, regulatory risks and risk allocation for projects that the EIB may finance.
• Turn complex analysis into clear advice for decision-makers by contributing to concise appraisal, monitoring and completion reports, as well as technical and economic opinions at relevant approval stages.
• Follow projects through implementation and evaluation, contributing to project monitoring, final assessments, lessons learnt and improvements for future operations and sector approaches.
• Support external analytical work and Technical Assistance, helping define consultants’ assignments and reviewing the quality, relevance and usefulness of their outputs.
• Contribute to strategic sector thinking by supporting papers on energy markets, regulation, policy developments, methodology and EIB sector strategies.
• Represent and support the EIB in selected external engagements, including sector events, meetings, missions and exchanges with promoters, public authorities, EU institutions and other relevant stakeholders.
• Continue developing your expertise across areas covered by the Energy and Environment Department and emerging cross-cutting energy transition themes.

Qualifications

• University degree (minimum an equivalent to a Bachelor) preferably in relevant discipline, e.g in Economics, Finance, Business or other relevant studies for energy sector projects.
• At least 3 years of relevant professional experience preferably in the energy sector including demand site energy efficiency or related infrastructure fields, with exposure to project due diligence, appraisal, implementation or monitoring.
• Knowledge of energy markets and policies, including EU energy and climate policy frameworks, regulatory arrangements and support mechanisms relevant to networks, renewables, energy efficiency or related energy transition investments.
• Ability to contribute to financial and economic analysis, including review of financial models, sensitivity and scenario analyses, assessment of market conditions and risk allocation.
• Affinity for quantitative analysis and evidence-based judgement, with the ability to communicate conclusions clearly in reports and discussions.
• Strong communication and collaboration skills, with the ability to work effectively in multidisciplinary teams and engage constructively with internal and external stakeholders.
• Excellent knowledge of English and/or French (***), with a good command of the other. (Knowledge of other EU languages would be an advantage).

Preferred Qualifications

• Education combining economics or engineering with finance, business or quantitative analysis would be an advantage.
• Experience in applied quantitative methods, economic and financial modelling, cost-benefit analysis, risk analysis or infrastructure investment would be considered an advantage.
• Experience working with financing professionals, project promoters, public authorities or Technical Assistance/project development support would be an advantage.
• Exposure to energy market analysis, regulatory analysis or policy work related to energy transition themes would be considered an advantage.

Find Out More About EIB Core Behavioural Skills Here

To find out more about our eligibility criteria click here

(*** ) Unless stated explicitly as a required qualification, a good command of French is not a pre‑requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre‑requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.

We hire and value talent with unique characteristics, creating a work environment where they can be themselves. We believe that Diversity, Equity and Inclusion makes us a performing and innovative organisation. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation, disability or neurodiversity.

If you require reasonable accommodation during the recruitment process due to a disability, neurodivergence, or a chronic health condition, please contact the EIB Recruitment team [e-mail] who will manage your request appropriately.

By applying for this position, you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In 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: 4th November 2026