Director General - Portfolio Management and Monitoring Directorate (PMM)

European Investment Bank (EIB), headquartered in Luxembourg, invites applications for the role of Director General for its Portfolio Management and Monitoring Directorate (PMM). This full‑time position is at grade 8/9 and will be based at the Luxembourg headquarters with regular office presence.

Purpose

This role provides strategic leadership and operational oversight for the PMM, championing strategic foresight, stakeholder relationships, and ensuring effective management of counterparties, financial contracts, and middle‑office operations, safeguarding the EIB’s financial interests and reputation.

Accountabilities

• Demonstrate a pro‑active strategic outlook and maintain a comprehensive understanding of institutional priorities, cultivating trusted relationships with internal and external stakeholders.
• Define, develop, and implement a vision and strategy for the PMM directorate, ensuring alignment with regulatory frameworks and the EIB Group mission.
• Develop and upgrade policies and procedures for the management and monitoring of the Bank’s financial assets under PMM responsibility.
• Contribute to the overall strategic direction of the Bank and alert Governing Bodies to developments affecting Group objectives and risk profile.
• Ensure decision‑making conforms to Best Banking Practices and EIB policies.
• Delegate and empower execution of key processes to appropriate managers or executives.
• Represent the Directorate to Governing Bodies and key external stakeholders.
• Ensure staff possess the right competencies, objectives, and motivation to implement the strategy and achieve results.
• Foster a culture of respect, empowerment, and accountability, supporting staff growth.
• Establish and manage resources, organizational structure, KPIs, capacity planning, and cost management.

Qualifications & Experience

• University degree, preferably a Master in Economics, Finance, Mathematics or related field.
• At least 15 years of relevant professional experience, including deep expertise in banking, finance, risk structuring, policy development, or credit/financial analysis.
• At least 10 years in a managerial function, managing multidisciplinary and large teams.
• Strong knowledge of Credit Risk Policy, loan grading, restructuring, and/or equity products essential.
• Proven track record in leading, motivating highly qualified staff in a complex, consensus‑driven, multi‑cultural environment.
• Critical thinking, vision, awareness of business and political sensitivities, and sound judgment.
• Excellent written and verbal communication skills, with public‑speaking experience.
• Fluency in English; additional EU languages considered an advantage.

Competencies

Core and managerial competencies are available here: [link

Diversity, Equity, and Inclusion

The EIB is committed to a diverse, inclusive workplace. We encourage all suitably qualified candidates, regardless of gender, age, race, ethnicity, background, religion, sexual orientation, disability, or neurodiversity, to apply.

Members with disabilities or neurodivergent profiles may request reasonable accommodations at any stage of the recruitment process.

Recruitment Notice

Deadline for applications: 12th January 2026.

By applying, you acknowledge the importance of maintaining the security and integrity of the information of the EIB Group and agree to comply with all policies and controls implemented to prevent unauthorised disclosure.