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Wed Jul 10 2024
European Investment Bank (EIB)Logo

(Senior) Data Scientists

European Investment Bank (EIB)

Luxembourg On-site

English and/or French

Employment Type: Full-time
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Job Description

The positions are based at our Luxembourg headquarters and require 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, is seeking to recruit for its Group Corporate Services Directorate - Group Digital Office (GCS-GDO) – Data & Information Solutions Department (DIS) - Data Management Division (DM) - Analytics & Reporting Solutions Unit (A&R) at its headquarters in Luxembourg, (Senior) Data Scientists*.

These are full-time positions at grade 5/6 for which the EIB offers a permanent contract.

  • internal benchmark: (Senior) IT Applications Officer

Purpose
You want to be part of our AI innovation lab to build the future using cutting-edge technologies such as deep learning, natural language processing and computer vision. We are looking for excellent team spirit, proactive attitude, as well as a passion for data…. As a member of our lab, you will have the opportunity to promote the latest advancements in the AI industry and deliver AI-powered solutions across various business domains. You will also work with a diverse and talented team of researchers, engineers and analysts who share the same passion and enthusiasm.

Operating Network
You will report to the Head of Unit and work in close cooperation with other IT units and counterparties from all directorates using AI services and solutions. There will be a lot of interaction with key stakeholders such as software vendors, providers of outsourced services, peer groups, consultants in order to optimise service levels and stay abreast of best practice.

Accountabilities

  • Establish a governance framework with the user community to ensure an effective use of the AI solutions & services within the organisation. Monitor its applicability’s and propose improvements to maximize value.
  • Collaborate with cross-functional teams to identify business challenges and opportunities where AI solutions can provide strategic value within the banking domain.
  • Design and conduct experiments to validate model performance, accuracy, and robustness, ensuring the highest quality of AI solutions.
  • Analyse business specifications, implement and deploy machine learning models and AI algorithms to extract insights, enhance decision-making processes, and automate tasks in accordance with the IT policies.
  • Collaborate with other IT teams to integrate AI solutions seamlessly into existing IT landscape and processes.
  • Ensure compliance with regulatory guidelines such AI Act and data security standards while handling sensitive customer information.

Qualifications

  • University degree (minimum an equivalent to a Bachelor) preferably in Data Science, Computer Science, Information Technology, Physics, Mathematics, Statistics, or related quantitative field
  • At least 5 years’ of IT professional experience with at least 2 years in building and deploying AI/ML/GenAI solutions
  • Python programming experience with machine learning libraries such as scikit-learn, XGboost, Keras, Pytorch, Spacy or equivalent
  • Experience with SQL and NoSQL databases
  • Experience with implementation NLP and LLM based solutions using models like transformers, GPT 3.5,4 or Langchain or equivalent
  • Experience in Front-end development with Next.js, React is an advantage
  • In-depth understanding of machine learning techniques, probabilistic modelling, natural language processing
  • Knowledge of cloud technologies, such as Microsoft Azure Cloud, AWS or Databricks
  • Familiarity with banking and financial data structures, as well as an understanding of regulatory requirements and challenges within the industry would be an asset
  • Good knowledge of project management principles, methods, and practices
  • Excellent knowledge of English and/or French (*), with a good command of the other. Knowledge of other EU languages would be an advantage.

Competencies

Find out more about EIB core competencies 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 are an equal opportunities employer, who believes that diversity is good for our people and our business. 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/identity, disability or neurodiversity.

Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team Jobs@eib.org who will ensure that your request is handled.

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: This is an open campaign to consecutively fill open positions. The campaign will remain open until position is filled. Applications will be reviewed in order of receipt.

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About the Company

European Investment Bank (EIB)Logo

European Investment Bank (EIB)

https://www.eib.org/
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We provide finance and expertise for sustainable investment projects that contribute to EU policy objectives and make a strong impact on people’s lives in Europe and beyond.

The EU's bank
The EIB is the European Union's bank. We are the only bank owned by and representing the interests of the European Union Member States. We work closely with other EU institutions to implement EU policy.

A major player
As the largest multilateral borrower and lender by volume, we provide finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of our activity is focused on Europe but we also implement the financial aspects of the EU's external and development policies.

Lending, blending and advising
Lending: The vast majority of our financing is through loans, but we also offer guarantees, microfinance, equity investment, etc.

Blending: Our support helps us unlock financing from other sources, particularly from the EU budget. This is blended together to form the full financing package.

Advising: Lack of finance is often only one barrier to investment. We can help with administrative and project management capacity which facilitates investment implementation.

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