The EIB, the European Union's bank, is seeking to recruit for its Projects Directorate, Innovation and Competitiveness Department, Circular Economy and Sustainable Development Unit, at its headquarters in Luxembourg, a Sector Specialist for the European Innovation Council Fund. The EIB offers relocation support.
๐ Purpose
The European Innovation Council Fund is the European Union's investment vehicle supporting high-impact companies in deep tech, digital, clean technologies and biotechnology. Through equity investments, and in particular under the Strategic Technologies for Europe Platform, the Fund targets innovative scale-ups with significant technological differentiation and growth potential. Within this framework, the EIB acts as financial advisor to the Fund and conducts the due diligence of its investments, in coordination with the European Commission and external experts.
The successful candidate will provide independent advice to the EIB's decision makers on the sector policy to be followed, covering digital technologies, deep tech, clean technologies or biotechnologies, and to the Fund on the quality of investment projects of innovative companies by assessing their technological robustness, market positioning and scalability, contributing to the joint appraisal underpinning investment decisions. Working within multidisciplinary teams, the candidate will co-lead the technical and market due diligence of investment operations, ensuring findings are translated into clear, evidence-based recommendations.
๐ค Operating Network
The Sector Specialist will report to the Head of the Circular Economy and Sustainable Development Unit and work in close contact with the executive staff of the Department as well as other services of the Bank, mainly the Investment Officers in the EIC Investment Services Division. The position also requires regular interaction with external experts and consultants, the European Commission and its agency, and engagement with companies and co-investors during the appraisal process.
๐ฐ๏ธ The investment side of the same deep tech ecosystem, at the EIB: Internship in ๐จ๐ณ China ๐ฆ Global Internship Programme at the New Development Bank ๐ โ https://youthworkshub.org/20536
๐ฌ Accountabilities
๐ Take responsibility for co-leading the appraisal and due diligence process and facilitate the execution of equity investments by the Fund, in line with specifically agreed procedures
๐งญ Internally coordinate the activities of external technical experts from appointment to the final delivery of a technical due diligence report
๐ Assess the scientific, technological and market viability of companies, including scalability, competitive positioning and key risks, ensuring a robust and evidence-based evaluation
โ๏ธ Collaborate with senior specialists to draft investment recommendations, aligning them with sector policy goals, and contribute to managing the activities of external experts and consultants
๐ Keep up to date and closely monitor industry trends and emerging technologies in at least one of the sectors covered, developing sector, policy and methodology papers in support of the Fund's investment policies and EIB's lending policies
๐ค Closely cooperate with the EIB's Operations Directorates, partner institutions such as the European Commission, national promotional banks and international financial institutions, and other external investors involved in financing rounds
๐ Support the overall development of deal structures including interaction with co-investors and the preparation of legal documentation, launch and monitor ex-ante market, sector and technology studies, support the identification of new investment opportunities and maintain active engagement with the innovation ecosystem, and monitor post-investment requests and events with portfolio companies
๐ค Represent the EIB and the Fund at conferences and help organize promotional and market awareness raising events
โ Qualifications
๐ University degree, minimum an equivalent to a bachelor, preferably in STEM disciplines, ideally related to at least one of the three core areas of the EIC STEP scheme, meaning digital technologies, deep tech, clean technologies or biotechnologies, and further training and specializations will be an asset
๐ผ Minimum of 5 years relevant professional experience gained in a high-tech or advanced engineering field, with preference for one of the sectors currently supported by the scheme, and professional experience in venture capital or debt, private equity, mergers and acquisitions, high-yield or mezzanine products or entrepreneurship will be a clear advantage
๐ฌ In-depth understanding of the industry associated with at least one of the sectors covered, including industry dynamics, trends, processes and procedures in bringing products to market, and good knowledge of EU policies and priorities in that sector
๐ Understanding of the equity markets and the equity fundraising process would be an asset, along with good computer skills and knowledge of Microsoft Office and other relevant applications such as industry databases
๐ค Strong team mentality and motivation for personal development, and excellent knowledge of English or French, with a good command of the other
๐ฅฝ A hands-on XR and AI development placement in a studio: Internship in ๐จ๐ฟ Czechia ๐ฅฝ Development Intern at an XR and AI Creative Studio ๐ฎ โ https://youthworkshub.org/19693
๐ The Details
๐ Location: Luxembourg, at the EIB headquarters, with regular office presence required
๐ Job ID: 111503
๐ Grade: 5, internal benchmark Sector Engineer, full-time temporary position
๐ Contract: the term of this contract will be until 31 December 2027
๐๏ธ Panel interviews are foreseen as from September
๐ The EIB offers relocation support
๐ This is an open campaign to consecutively fill open positions, and it remains open until the position is filled, with applications reviewed in order of receipt, and the offer does not state any salary
๐ฉ How to Apply
Apply online through the EIB Group careers portal for this job opening.
โฐ Deadline
As soon as possible!
๐ Links
๐ Job opening and application: https://erecruitment.eib.org/psp/hr/EIBJOBS/CAREERS/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&Action=U&FOCUS=Applicant&SiteId=1&JobOpeningId=111503&PostingSeq=2
๐ง Accessibility support for applications: Jobs@eib.org