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 Risk and Control Directorate (R&C) promotes a strong risk and control culture across the CEB to protect the Bank's lending and financing activities. The Directorate identifies, evaluates, monitors and reports all risks by implementing risk mitigation and internal control measures thereby safeguarding the CEB’s financial stability and guaranteeing its business continuity. The Directorate preserves the CEB’s creditworthiness and excellent external rating assessment to strengthen stakeholders trust by efficiently monitoring budgets and ensuring accounting services aligned with best practices.  Finally, the Directorate ensures financial reporting transparency and supports effective control by the CEB’s control bodies such as the external auditors and the Auditing Board.

The Operational Risk Unit is looking for a skilled Operational Risk Officer specialised in technology risk to help develop operational risk management and governance, risk and control (GRC) tools, contribute to the mitigation of IT and technology risks and to CEB’s cyber-preparedness. S/he will report to the Head of the Operational Risk Unit and work in close collaboration with the Operational Risk Analyst/Project Manager and with colleagues in the Operational Risk Unit.

KEY RESPONSIBILITIES

• Provide analysis and support to ensure that operational risk, internal control and business continuity management tools developed are fit for purpose and meet evolving business requirements:
  • Analyse user needs in collaboration with business referents
  • Participate in the design of the GRC tools, draft technical specifications and ensure their implementation
  • Support, carry out and document GRC developments in an "agile" manner
  • Adapt GRC developments according to feedback received by business referents
  • Monitor the implementation of GRC developments and carry out corrective measures, tests, updates and maintenance
• Provide support to mitigate IT and technology related operational risks:
  • Develop the operational risk and internal control framework in the field of information technology
  • Support the internal control testing programme related to information technology
  • Contribute to the evolution of the CEB’s Business Continuity Management plan in the area of IT disaster recovery planning, testing and cyber-preparedness

• Provide support for business process modelling (BPM) in the Bank’s process tools:
  • Analyse business processes, interdependencies, workflows and decision points
  • Model business processes in the BPM tools based on available business process documentation and interviews with operational business lines
  • Coordinate the exchanges and the approval of the business process documentation with the concerned business lines
• Resolve problems and propose improvements on operational risk management tools and processes.

Academic background:

• Diploma of general secondary education, preferably a higher education qualification in the field of information technology, finance, business, economics, risk management, engineering or related field.

Professional background:

• Minimum 4, preferably 5 to 8 years of professional experience in information technology, risk or financial departments, ideally gained in of a financial institution, consulting or auditing firm or software provider.
• Experience in the development or active use of risk tools, typically in the area of operational risk, IT audit, internal control, compliance or business continuity management.
• Practical knowledge of industry standard IT control frameworks such as: COBIT, ISO 27001, NIST CSF, etc.
• Prior experience in web development or in IT tools development and IT project management is expected. Experience in PHP technologies would be an advantage.
• Familiarity with business process analysis and mapping concepts, techniques and methodologies.
• Experience with BPMN modelling standards and BPM tools (e.g. Mega HOPEX, Aris or Signavio would be an advantage).
• Proficiency in standard office software package (MS Office suite, Zoom, etc.). with an ability to understand and articulate how business operations are carried out within an organisation.
• Good ability to propose proactive actions to achieve key objectives.

Language skills:

• Excellent command of one of the two CEB official languages (English and French), both oral and written, and knowledge of the other, with a commitment to reach a good working level.

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.

1) The CEB offers an initial 4-year appointment (including a one-year probationary period), with the possibility of renewal one or more times up to six years and of conversion into an indefinite-term contract.

2) Grade and salary:

• A1-A2
• Depending on level of experience, monthly salary range starts between 5,882€ and 7,517 €, plus allowances based on eligibility, exempt of French income tax.
• Appointment may be made at a lower grade, based on the qualifications and professional experience of the selected applicant.
• Grades are established without any discrimination (including gender discrimination)

For more information, please consult the CEB Basic Salary Scale in section 5. Benefits of the CEB website.

As an international financial institution, CEB remuneration is exempt of income tax in France. In addition, our offer includes allowances* and medical and personal insurance. Staff members benefit from a contributory pension plan which provides them with either a pension or a leaving allowance.

*Exact benefit package to be determined based on selected candidate’s personal situation:
• basic family allowance
• expatriation
• dependent child supplement
• additional dependent child supplement for a single-parent family
• supplement for a disabled and dependent parent
• supplements for a disabled or severely disabled child
• education allowance (children) for expatriate staff members
• installation allowance and reimbursement of travel and removal expenses.

The CEB welcomes the applications of all qualified candidates who are nationals of CEB Member States.

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.

Our selection process includes several steps conducted online, such as digitally recorded interviews, technical assignments and interactive panel interviews.

Applications (CV and cover letter) from CEB Member States candidates should be made in English or French using the Bank's online application system at https://ceb.profils.org before midnight Paris time on 9 March 2025.