FEMIP Secondment Programme funded by the FEMIP Trust Fund (FTF)
The European Investment Bank seeks qualified professionals from public sector organisations or private sector entities in the Mediterranean Partner Countries (MPC) who are committed to working to improve people’s lives, and who wish to contribute to the work of their respective institutions by promoting economic and social progress in these countries.
Objectives of the FEMIP Secondment Programme
This is an annual programme and its goal is to offer successful candidates an opportunity for professional development and global experience in an international environment, with wide exposure to the EIB’s various business activities. The programme will strengthen the institutional cooperation of the MPC with the EIB by bolstering common activities, both upstream and project related. The programme, funded by the FEMIP Trust Fund, will look for candidates specialising in a field relevant to international investment and development banking, such as finance (in particular project finance, SME financing, credit and risk analysis) or economics (micro/macroeconomics, development, statistics, job market analysis) as well as finance law, environment, engineering (ports, roads, energy, etc.) or urban planning. The objective of the Programme is to support and exchange capacity building both within the EIB and within the organisation of the Secondee upon his return after the Secondment.
Eligibility to apply
The Secondment Programme is open to (i) officials from different ministries (Finance, Economy, Transport, Environment, etc.), from Central Banks, other public sector organisations, and (ii) for candidates from the private sector across the MPC.
The Secondment Candidates must be supported by their employer and meet the following criteria:
- be a national of the MPC only (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine2 and Tunisia);
- be proficient in English and French, with a good command of one of the local languages of MPC countries, knowledge of Arabic would be an advantage;
- hold a degree in a field such as economics, law, finance and engineering, depending on the profile of the post to be filled;
- have at least 3 years of professional experience obtained after graduation from the last degree;
- be interested in working as part of a team undertaking a combination of analytical, research and operational work.
Only candidates endorsed by their employer will be successful. During the recruitment procedure the EIB will request the candidates to provide an endorsement letter from their employer signed by the authorised employer representative. Preferably the letter would be attached as the last page to the CV with the application.
The Endorsement Letter should a) certify the current position held by the candidate, b) confirm the employer’s agreement in principle with the Programme and support the secondee’s candidacy, and c) confirm the return of the secondee to his position after the secondment is completed.
The FTF will support this secondment programme by providing to the selected secondees a lump sum amount to allow for an appropriate secondment allowance and related insurance coverage. This will be reflected in a secondment agreement to be signed between the EIB and the candidate’s own organisation. Selected candidates will remain employed by their sending organisation. Secondees will be responsible for their own accommodation costs. Travel expenses related to EIB work will be borne by the EIB.
Each successful candidate commits to a minimum of 1 year and a maximum of 2 years in the programme1, to be spent at the EIB Headquarters in Luxembourg or at one of the External Offices.
How to apply?
The Secondment offers are accessible via the EIB Jobs page.
Only candidates identified for an assignment will be contacted to discuss their application and availability. Candidates will be selected by a panel and there is keen competition for posts.
1) Calls for applications for vacancies, as well as further details on the relevant Terms and Conditions, are published periodically on the Bank’s website.
2) This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue.