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Senior Head of Unit - Core Banking Systems

Premium Job From European Investment Bank
Recruiter: European Investment Bank
Listed on: 22nd May
Location: Luxembourg
Salary/Rate: Competitive
Salary Notes: Competitive
Type: Contract
Start Date: ASAP

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(Senior) Head of Unit - Core Banking Systems
The EIB, the European Union's bank is seeking to recruit for its Corporate Services Directorate (CS) - Information Technology Department (IT) - Business Services Department (BSD) - Enterprise Applications Division (EA) - Treasury and Borrowings Unit (T&B), a (Senior) Head of Unit - Core Banking Systems (*). This is a full time position at grade 5/6.
(*) internally referred to as "(Senior) Unit Head IT Applications"
The terms of this contract will be 4 years.
The EIB offers fixed-term contracts of up to a maximum of 6 years, according to business needs, with a possibility to convert to a permanent contract, subject to organisational requirements and individual performance.
Panel interviews are anticipated for beginning of July.
Do you want to use your consolidated experience in managing complex IT projects, ability to invent and propose new solutions combined with your focus on delivering excellent service? This role will give you a unique opportunity to work in the heart of a financial institution with a mission to help build a competitive and forward looking Europe, making an impact on everyday ordinary life.
Join our team as a Head of Unit within the EIB's Enterprise Applications Division where you will be able to demonstrate your abilities in managing the team responsible for one of the most critical banking systems supporting Treasury and Borrowings operations.
You will lead the Treasury and Borrowings Unit, composed of experts dealing with Front-to-Back core system functionalities and data analytics solutions. The main goal of the team is to provide IT services in the fields of Treasury & Borrowings Front, Back, Middle Office, Risk Management and Accounting, thereby contributing to the achievement of EIB objectives.
Key facts about the team:

Supporting 260 end-users across the Bank
10 medium-sized (50-100 man-days) and 2 large projects (200 man-days) delivered annually in both waterfall and agile
Treasury operations: over 10,000 trades per year (FX, Money Market instruments and Securities)
Borrowings: over EUR 50bn of EIB own issues and their related derivatives
Hyper-connected system with over 25 interfaces with trading platforms, data feeders, Swift gateway, document management, and other internal satellites for data analytics and reporting

Operating Network
You will report to the Head of the Enterprise Applications Division, and will be responsible for a series of critical financial applications in which errors or delays (e.g. in payments or missed reconciliations), could lead to financial losses and/or reputational damage for the Bank.
In this role, you will manage and coordinate the work of a team of up to 15 experts (combined of internal staff and external consultants).
Role & responsibilities

Provide leadership and guidance to the team and supervise overall operation of IT processes in the Treasury and Borrowings domain;
Provide coaching and support to team members to improve their capabilities, increase the efficiency and quality of the work activities carried out by the unit and guide them in their careers;
Contribute to the definition of the EIB's IT Enterprise Applications strategy, in close cooperation with counterparts,
Ensure that the systems are in line with business, regulatory, cyber-security requirements and follow the appropriate IT standards, policies and procedures, while remaining cost effective;
Proactively propose ideas to develop new technical solutions;
Support the knowledge sharing among the team members ensuring that the knowledge is kept up to date;
Contribute to developing and communicating strategies, policies and procedures and ensure the application of the necessary processes, procedures, IT standards, methodologies and working tools and ensure their proper application and maintenance in the unit;
Define and manage investment budgets for IT application projects and manage maintenance/operational budgets for the unit;
Manage and ensure that contracts with external suppliers of services or software meet business needs and manage procurement procedures for external services or software when required;
Ensure high quality specialised advice to clients on application systems and on operational and functional problems including establishing steering arrangements with internal customers at project level.


University degree in Computer Science or related discipline;
At least 5 years of relevant professional experience in an IT function managing complex projects or application support teams in the finance/banking environment;
Previous experience in the finance/banking industry or relevant degree/certificate;
Experience in managing complex IT projects/programs preferably in the implementation of banking software solutions (Prince2 or PMP/PMI certifications would be considered an advantage)
Broad technological expertise in IT, including software life-cycle, customization and interfacing techniques
Experience with TMS systems (such as ION WallStreet, Murex, FIS/Sungard) would be an advantage
Experience or proven ability in managing or coaching people, ideally in multicultural environment
Excellent communication and negotiation skills
Knowledge of market trends and developments in the IT sector
Excellent knowledge of English and/or French, with a working knowledge of the other (*) 


Achievement Drive: Continually keeps an eye on performance, focusing on improving it, showing drive and determination to meet short and long-term goals.
Change Orientation: Adapts to differences and changes in the environment; takes a flexible approach to reach outcomes.
Collaboration: Works cooperatively as part of a team; works collaboratively with peers across organisational boundaries based on a genuine interest in and an accurate understanding of others and their individual perspectives and concerns.
Organisational Commitment: Is willing to commit to an organisation whose mission is to support Europe and is open to diversity, and to align her/his own behaviour with the organisation's needs and intrinsic values, acting with integrity in ways that promote the organisation's mission, policies and rules.
Developing Others: Builds the long-term capability of others by guiding and developing them to make the most of their competence and potential, based on an accurate understanding of their true strengths and development needs.   
Strategic Thinking: Thinks about the long term organisational strategy and how to align to and implement it; comes up with useful new strategic insights.
Team Leadership: Builds a high performing team, ensuring it is focused, motivated and inspired to achieve organisational objectives, encouraging performance excellence and addressing underperformance when required.

(*) There may be certain flexibility on this requirement, but limited to particularly suitable candidates who may not yet be proficient in French. If selected, such candidates will be hired on the condition that they build up rapidly knowledge of French and accept that their future career in the EIB may be subject to the attainment of sufficient proficiency in both of the Bank's working languages
We are an equal opportunity employer, who believes that diversity is good for our people and our business. As such, we promote the inclusion of suitably qualified and experienced staff without regard to their gender, age, racial or ethnic origin, religion or beliefs, sexual orientation/identity, or disability (*).
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 unauthorized disclosure of any information or any damage to the EIB Group reputation.
Deadline for applications: 9th June 2020 
We particularly welcome applications from women and persons with disabilities.
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