Director General - Portfolio Management and Monitoring Directorate (PMM) – based in Luxembourg

Director General – Portfolio Management and Monitoring Directorate (PMM) – based in Luxembourg

Join to apply for the Director General – Portfolio Management and Monitoring Directorate (PMM) – based in Luxembourg role at European Investment Bank (EIB) . The position is based at the Luxembourg headquarters and requires regular office presence.

The EIB , the European Union’s bank, is seeking to recruit a Director General for its Portfolio Management and Monitoring Directorate. This is a full‑time position at grade 8/9 with an internal benchmark of Directorate Head.

The successful candidate will be offered a definitive 5‑year contract (CDD) which may be renewed or converted in accordance with applicable policies.

Purpose

The role provides strategic leadership and operational oversight for the Portfolio Management and Monitoring Directorate. It champions strategic foresight, deep understanding of institutional priorities, and trusted relationships with internal and external stakeholders to achieve long‑term objectives. The Head of PMM drives alignment with best practices, regulatory requirements, and the organisation’s mission while fostering a culture of compliance, risk awareness and operational excellence across all PMM departments.

Specific Post Environment

The European Investment Bank (EIB) Group is the financial arm of the European Union, comprising the EIB and the European Investment Fund (EIF). The Group is the world’s largest multilateral lender and borrower, financing projects that advance EU policy objectives such as climate action, innovation and social cohesion. The EIB employs approximately 4,400 staff for the Bank and about 735 staff for the Fund in 58 offices worldwide.

The Portfolio Management and Monitoring Directorate (PMM) actively manages the stock of signed operations in close cooperation with clients and other services of the Bank, monitoring counterparts and financial contracts, and handling contractual events under its responsibility. The Directorate also manages the Active Management, Monitoring, Event Resolution, Divestment and Restructuring of EU and non‑EU debt counterparts, all finance products, and private sector distressed transactions. The Joint Middle Office handles timely disbursement processing, collateral management, and post‑disbursement event processing.

Operating Network

You will report to the President and will be managing a Directorate with, at present, approximately 400 direct and indirect reports.

Accountabilities

• Demonstrate pro‑active strategic outlook, maintain a comprehensive understanding of institutional priorities, and cultivate trusted relationships with both internal and external stakeholders to secure long‑term goals.
• Define, develop, and implement a vision and strategy for the short, medium, and long term for various business areas of the PMM Directorate, ensuring alignment with regulatory frameworks and the EIBG mission.
• Contribute to the development, upgrade and implementation of policies and procedures pertaining to the management and monitoring of the Bank’s financial assets under PMM responsibility.
• Participate in the formulation of the overall strategic direction of the Bank and alert Governing Bodies of developments that may impact Group Corporate Objectives and risk profile.
• Full responsibility for decision‑making to ensure conformity with applicable Best Banking Practices and EIB policies and their necessary evolution.
• Delegate and empower the execution of key area processes to the appropriate managerial or executive level.
• Represent the Directorate towards, and maintain constructive relationships with, Governing Bodies and key external stakeholders.
• Ensure that staff within PMM have the right competencies, objectives, and motivation to implement the Directorate’s strategy and operational plans.
• Foster a culture that supports respect in line with EIB’s dignity at work policy, empowerment and accountability.
• Establish and manage resources and means to efficiently implement the strategy throughout the directorate and the Bank.

Qualifications & Experience

• University degree (preferably a Master in Economics, Finance, Mathematics or similar).
• At least 15 years of relevant professional experience, including extensive experience in risk structuring, policy development or credit/financial analysis.
• At least 10 years in a managerial function, including multidisciplinary and large teams.
• Strong knowledge of Credit Risk Policy, loan grading, loan restructuring and/or equity products.
• Strong track‑record in leading, motivating and supporting highly qualified staff, and demonstrated ability to work in a complex, consensus‑driven, multi‑cultural environment.
• Critical thinking and clarity of vision, awareness for business and political sensitivities and sound judgement.
• Excellent communication skills both written and verbal and public speaking skills.
• Fluency in English, both written and spoken. Knowledge of other EU languages would be an advantage.

Competencies

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 gender identity or expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation, disability or neurodiversity.

We strongly invite applicants with a disability, neuro‑divergent profile or chronic condition to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team at .

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 damage to the EIB Group reputation.

Deadline for applications: 12th January 2026