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European Investment Bank (EIB)<br />
Luxembourg<br />
The European Investment Bank is the long-term lending bank of the<br />
European Union. The task of the Bank is to contribute towards the<br />
integration, balanced development and economic and social cohesion<br />
of the EU Member States.<br />
1. Graduate Recruitment and Development Programme<br />
EIB has put in place a Graduate Recruitment and Development<br />
(GRAD) programme aimed at recent graduates looking to gain early<br />
professional hands-on experience in a leading European Institution<br />
and a major international financial player. The duration of the graduate<br />
contract is for a maximum period of four years.<br />
Paid?<br />
The graduate contract is a fixed monthly basic salary,<br />
currently set at w3,470.09. It offers benefits such Health<br />
and Pension Scheme coverage and accident insurance.<br />
Eligibility<br />
• You must have a university degree in a field related to the Bank’s<br />
activity.<br />
• You must also be a national of one of the EU countries or of an<br />
applicant country having started accession negotiations with the EU.<br />
• You should have no more than 2 years work experience since<br />
graduating, excluding summer jobs and traineeships.<br />
• Excellent knowledge of English and/or French is necessary.<br />
2. General Traineeships<br />
Aside from this graduate programme, the EIB offers a limited number<br />
of traineeships for university graduates with less than one year of<br />
professional experience. Traineeships normally last between 1 and<br />
5 months and are based at the EIB’s headquarters in Luxembourg.<br />
Trainees receive a flat-rate monthly allowance and travel costs to<br />
and from Luxembourg at the beginning and end of the traineeship.<br />
Trainees must cover their own accommodation costs.<br />
If you wish to apply for a traineeship in the EIB, visit the website and<br />
respond to one of the current traineeship opportunities. Learn more<br />
about these traineeship opportunities here: http://www.eib.org/about/<br />
jobs/working/internships/index.htm<br />
Application Process<br />
You must apply for specific positions published under “Current Vacancies”<br />
on the EIB website. New vacancies are posted regularly. Once you find<br />
a position that suits your profile, apply on-line. Before starting your<br />
application, take the time to prepare your motivation letter (in English<br />
or French) as well as your CV – you will need both of these to complete<br />
your application. Your application will be retained for a period of 5 years<br />
from the application date in the EIB database.<br />
Useful Website<br />
www.eib.europa.eu<br />
page number 50<br />
page number 51
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