The Council of Europe Development Bank (CEB), established in 1956, is a multilateral development bank with a unique social mandate from its 43 member states. The CEB finances investment in social sectors, including education, health and affordable housing, with a focus on the needs of vulnerable people. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. As a multilateral bank with a triple-A credit rating, the CEB funds itself on the international capital markets. It approves projects according to strict social, environmental and governance criteria, and provides technical assistance. In addition, the CEB receives funds from donors to complement its activities. 

The Finance Directorate (FIN) ensures that the CEB’s financial management preserves its robustness and resilience in the pursuit of its social mandate.

The Treasury & Asset and Liability Management Division (FIN-TALM) defines the CEB’s investment strategy and manages the financial risks. It optimises the Bank’s profitability and supports the Loans & Social Development Directorate by executing transactions in a wide variety of financial fixed-income products and investment horizons, negotiating loan prices, hedging market risks that arise from loans and investments and by ensuring the first line of the CEB’s risk management.

The Finance Directorate is looking for an intern for its Treasury & ALM Division to focus on treasury activities. S/he will report to the Head of Treasury Unit and work in close collaboration with colleagues in the team as well as other colleagues in the CEB’s Dealing Room.

Main Responsibilities:

• To collaborate in the elaboration of Front Office analytical dashboards, including financial but also ESG dimensions.
• To draft analytical notes on capital markets topics.
• To contribute on the content of internal financial reports.
• To work with financial data in order to analyse historical series.

Academic background:

• Graduated within the past 24 months or currently enrolled in the final academic year at an institute of higher education (ideally at a Master’s level or equivalent).
• Studies in Finance or Engineering field.
  
  

Professional background and skills:

• Strong analytical skills and critical thinking;
• Strong Excel skills, including VBA Coding.

Applicants to the CEB Internship Programme are not required to have professional work experience, but any experience relevant to the role would constitute an advantage.

Language skills: Excellent command of one of the two CEB official languages (English and French), both oral and written. Working knowledge of the other one is desirable.

Core competencies:

• Adaptability
• Client Orientation
• Communication
• Innovation
• Result Orientation
• Team Work

Nationality:

• Citizen of one of the Bank’s Member States: Albania, Andorra, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Holy See, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Republic of Moldova, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Türkiye, Ukraine.

Internship duration: The selected candidate will undertake an internship for the duration of 6 months, starting in February 2025. Some flexibility regarding the starting date can be granted to match the Intern’s schedule/requirements of their academic institution.

Internship allowance: lnterns at the CEB are paid 1 800 € per month as a flat-rate indemnity to contribute towards living costs, public transportation and accommodation. Travel expenses or other costs are not met by the Bank. 

Admission to an internship does not confer on the intern the status of a CEB staff member, nor does it confer any entitlement to subsequent appointment on a permanent or temporary basis.

The CEB welcomes the applications of all qualified candidates who are nationals of CEB member countries. 

The CEB rigorously applies the principle of equal pay for equivalent work. We are committed to workplace gender equality and strive to ensure the recruitment of suitably qualified and experienced staff without regard to their gender, as well as their age, racial or ethnic origin, religion or beliefs, sexual orientation/identity, or disability. In line with peer international financial institutions, the CEB is EDGE certified (Move level), having demonstrated its commitment to diversity, equity, and inclusion and have been assessed against the highest global standards.

In order to minimise bias, our selection processes include steps such as digitally recorded interviews, written tests and interactive interviews. Please note that initial steps in the selection process will typically be conducted online (remotely).

Applications from CEB member countries should be made in English or French using the Bank's online application system at https://ceb.profils.org before midnight Paris time on 05 November 2024.