Emerging market Loan Pricing and Product development Officer - based in Luxembourg

European Investment Bank (EIB); Roma; In loco; EUR 70.000 - 90.000; Tempo pieno

Descrizione del lavoro

A prominent international institution based in Luxembourg is seeking an Emerging Market Loan Pricing and Product Development Officer. The role involves developing pricing models, managing databases, and supporting quantitative development. Candidates should have at least 5 years of experience in pricing methodologies, proficiency in Python, and a relevant degree. This position is full-time with the opportunity for relocation support.

Servizi

Relocation support

Multicultural environment

Competenze

• Minimum 5 years of relevant professional experience in pricing methodologies or risk modelling.
• Proven experience in quantitative software development with an IT Department.
• Excellent knowledge of English and/or French; knowledge of other EU languages is advantageous.

Mansioni

• Develop pricing models in the internal loan pricing application.
• Support and guide on the Bank’s quantitative development.
• Manage databases and oversee development documentation.

Conoscenze

Python

Quantitative Development Applications

Databases Management

Business Object Universe

Bloomberg/Reuters

Formazione

Bachelor's degree in a quantitative domain

Post-graduate studies in relevant fields

Descrizione del lavoro

Emerging market Loan Pricing and Product development Officer - based in Luxembourg

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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 Finance Directorate (FI), Treasury Department (TRES), Financial Engineering and Advisory Services Division (FEAS) at its headquarters in Luxembourg, an Emerging market Loan Pricing and Product development Officer. This is a full time position at grade 5 for which the EIB offers a permanent contract.

Internal benchmark Officer Loan pricing & Product development

Panel interviews are anticipated for February/March 2026.

Purpose

The Financial Engineering and Advisory Services (FEAS) Division is supporting the lending activity of the bank by providing services on the pricing and hedging of lending-related products and the development of new lending products.

Responsibilities

• Develop pricing models in the internal loan pricing application “RASA”'s engine (mainly in Python).
• Provide continuous support and guidance on the Bank’s quantitative development matters (e.g. pricing models for new products).
• Submit proposals related to business developments and needs for RaSA.
• Contribute to the pricing and rate quotation activity for EIB’s standard and non‑standard lending/guarantee products.

Operating Network

The division has to structure and price any financial product offered by the Bank to its borrowers. On a yearly basis, it corresponds to some 12,000 indicative and 3,000 firm quotes for disbursements as well as some 4,000 quotes for revision and conversion of financial contracts. Hence, the reliance on an efficient rate quotation engine as well as on well‑trained staff is crucial. You will report directly to the Head of Division. The post is qualified as “sensitive” and submitted to a specific Code of Conduct. The work location is the dealing room, in an open space working environment.

Accountabilities

• Develop and maintain the “pricing engine” of the RaSA application (currently switching from MATLAB to PYTHON) and be responsible for the structure of the code. Ensure implementation and integration according to best practices.
• Support and bring expertise to the development / coding of the pricing methodologies of the Quantitative Officer – Financial Engineer Analysts.
• Manage databases and Business Object report developments.
• Oversee any development documentation (pricing engine, databases and BO reports).
• Liaise and coordinate with other IT Service to ensure that the pricing engine development are well integrated into RaSA applications.
• Ensure that the developments and maintenance of the pricing engine are fully and properly documented.
• Drive the conceptual design of any “pricing engine” development to create a best‑in‑class implementation. Lead, coordinate and oversee the phases of projects related to developments.
• Understand the RaSA application (including workflows, high level implementation) and the “ecosystem applications” that are connected to RaSA.
• Perform indicative and firm quotations of lending rates for all types of both standard and non‑standard lending products (including guarantee structures, re‑structurings, prepayments, rate revisions) in order to provide operational support to lending and re‑structuring directorates.

Qualifications

• University degree (minimum an equivalent to a Bachelor) preferably in a quantitative domain such as Quantitative Development Applications and software, Quantitative Finance, Statistics or Mathematics.
• Post‑graduate studies in these subjects and professional qualifications, such as ACT qualifications, PRMIA or GARP for (Treasury) Risk Management or CQF for Quantitative Finance would be an advantage.
• Minimum 5 years of relevant professional experience, ideally in
  • developing pricing methodologies or risk modelling for loans, fixed income securities or interest rate derivative
  • databases management in BO universes
• Proven experience and knowledge in quantitative software development, jointly with an IT Department, including specification drafting, release planning and testing.
• Mastery of PYTHON and Business Object Universe are required.
• Knowledge of Bloomberg/Reuters and database queries is required.
• Excellent knowledge of English and/or French (***) with a good command of the other. Knowledge of other EU languages would be an advantage.

Competencies

Find out more about EIB core competencies here.

To find out more about our eligibility criteria click here.

Inclusion

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. 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 [e-mail] who will ensure that your request is handled.

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: 16th January 2026