Graduate – KYC/Compliance - based in Luxembourg

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, in the framework of its GRAD programme, is seeking to recruit for its Portfolio Management and Monitoring Directorate (PMM) – Joint Middle Office Department (JMO) - Counterparty Management / KYC Centre of Expertise Division (KYC), at its headquarters in Luxembourg, a Graduate – KYC/Compliance*. *Internal benchmark GRAD This is a full-time temporary position at grade GRAD. The term of the contract will be until December 31st, 2028 Panel interviews are anticipated for end June/early July 2026. Purpose As a Graduate in the JMO/KYC Division, you will be mentored by seasoned KYC/Compliance professionals, gain exposure to a wide range of counterparties, and develop the technical skillset to grow into a confident finance professional, all while contributing to projects with real impact across Europe. Under the supervision of the Head of Unit and experienced Compliance Officers, you will contribute to various tasks related to the identification, assessment and follow-up on Compliance risk relating to the Bank’s new and existing Relevant Counterparties, in line with EIB’s policies and procedures. You will assist colleagues from across the Bank in the implementation of the KYC process and Customer Due diligence, organise and establish work procedures, and contribute to specific improvement projects or initiatives (e.g. Client Lifecycle Management System, Group Client Portal). To be noted that you may be required to rotate to another activity of the JMO during your Graduate assignment, according to business needs. Specific Post Environment The Joint Middle Office supports the Bank’s 1st Line of Defence, centralising a number of key activities including Disbursements, implementation of Intermediated Lending transactions, Counterparty Compliance management, Collateral management, and Events processing, including guarantee calls, prepayments and many others. The JMO/KYC Division is in charge of Customer Due Diligence on all new and existing EIB Counterparties involved in Lending, Treasury and Borrowing activities. It includes (i) the Know Your Customer checks (identification and verification of the identity of EIB counterparties, including the mapping of their ownership structure up to the ultimate beneficial owners, and their key persons), as well as (ii) screening and due‑diligence assessment in accordance with applicable AML/CFT, sanctions, and integrity compliance requirements. Operating Network Reporting to the Head of Unit and/or experienced team members, you will cooperate regularly with the Bank’s 1st Line of Defence Origination (OPS in the EU and GLO outside the EU) and Portfolio Management & Monitoring teams (other Departments of PMM), as well as with the Bank’s 2nd line of Defence Compliance service and with colleagues at the European Investment Fund (EIF). You will also interact externally with EIB counterparties. Accountabilities Assist more senior colleagues in the verification of identity of the EIB Relevant Counterparty and analysis of its corporate structure, with regards to its shareholding, its management and its controlling entity/beneficial ownership, on the basis of data and documents provided by specialist corporate data providers, publicly available sources, and provided by the counterparty. Under the supervision of senior colleagues, perform AML due diligence on new and existing counterparties, i.e. Adverse Media, PEP and Sanctions screening and assessment in order to define a preliminary ML-FT risk scoring for the counterparty. Support the KYC Division in the monitoring of accurate and complete KYC/AML-CFT due diligence records on existing counterparties and ensure that the Client Lifecycle Management System is updated to reflect completion of review and relevant details Identify issues with potential impact on AML-CFT Risk through batch screening processes (Sanctions, PEPs, Adverse Media). Propose improvements and implement the necessary processes, procedures, IT systems, methodologies and working tools to conduct KYC/AML-CFT due diligence. Support the development and implementation of procedures for creating and managing the standing data of all EIB counterparts in loans, borrowing and treasury transactions. Liaise with staff in other services at the Bank and with the Relevant Counterparties for the collection, completion and validation of KYC/AML Due Diligence when applicable. Qualifications University degree (minimum an equivalent to a Bachelor), preferably in Law, Finance or Economics. Relevant post-graduate studies or progress towards relevant professional qualifications (e.g. CAMS, ICA, CFCS) would be an asset. A maximum 2 years of professional experience after your most recent graduation (excluding summer jobs and internships shorter than nine months). A first practical experience in KYC/AML, or in another relevant middle office activity, would be a strong advantage. Knowledge of KYC/AML-CFT EU Regulation and best practices would be an asset. Understanding of the EIB mission and activities as well as the operating and political framework in which the Bank operates. Proficiency in internet searches and knowledge of Compliance related data bases and standard IT tools would be a strong asset. Excellent knowledge of written and spoken English and/or French (*) and good command of the other. Knowledge of additional languages is considered an advantage. Competencies Find Out More About EIB Core Behavioural Skills Here (*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support. 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. If you require reasonable accommodation during the recruitment process due to a disability, neurodivergence, or a chronic health condition, please contact the EIB Recruitment team [email protected] who will manage your request appropriately. 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: 9th June 2026