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Head of Renumeration and Resource Planning Division

The EIB, the European Union's bank, is seeking to recruit for its Personnel, Corporate Services Directorate Directorate, HR Policies Department at its headquarters in Luxembourg, a Head of Remuneration and Resource Planning Division. This is a full time position at grade 7.

The term of this contract will be 4 years.

Assessment Centres for selected applicants would take place in November 2019.

Panel interviews are anticipated for end of December 2019.

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.

The Head of the Remuneration and Resource Planning Division leads, coordinates and supervises HR specialists divided in three poles of activities:
  1. development, implementation and communication of the Bank’s compensation & benefits policies, ensuring best practice;
  2. development and implementation of the Bank's staff budgeting strategy and associated analysis and reporting processes in line with the overall Personnel’s Strategy, to contribute to the development of innovative approaches and enhancements to all aspects of EIB Budgeting policy;
  3. advice on Organisational Design and Job Design & Evaluation (including competencies), enabling the Bank to have an effective workforce.

Operating Network

The Head of the Remuneration and Resource Planning Division reports to the Head of the HR Policies Department. S/he co-operates closely with the rest of Personnel’s management team and staff, other Bank services, notably the Staff Representatives, as well as having regular contact with other EU institutions and international Organisations, the EIF and with external advisers and auditors. S/he will maintain frequent contact with the Management Committee and the Board of Directors.

  • Define and develop the strategy of the Division, policies and procedures to fully support the achievements of the Directorate’s and Department’s goals. This includes:
     - Drive EIB’s strategy in the field of compensation & benefits and design policies

    - Lead the strategy and policy development of the above described poles of activity with regard to the short, medium and long term in order to ensure that the strategy and policies of Personnel in the given field reflect practical needs and constraints of the organisation and reflect best practice

    - Ensure that Personnel policies and initiatives within its area of responsibility are implemented and key operational processes handling sensitive data are run in the most effective and efficient way

    - Contribute to discussions with the College of Staff Representatives together with the Employee Relations and Wellbeing Division and monitor evolution of the files being discussed within the area of responsibility

    - Represent the Division in meetings within the Directorate and across the organisation in order to create and enhance co-operation within the Bank.
  • Coordinate, supervise and intervene whenever necessary in the execution of key processes relating to the activities of the division, in order to ensure their smooth running and a consistent application of the HR policies:

    - Manage plans for new compensation and benefits policies and support other Personnel’s departments in their effective implementation and utilisation

    - Supervise the bank-wide review of resources needs and determine appropriate changes to effect improvements, reduce costs and enhance efficiency

    - Supervise Organisational Design and Job Design & Evaluation policies

    - Prepare and review briefing reports for Personnel Senior Management and for the Governing Bodies of the Bank, in cooperation with other teams in Personnel

    - Coordinate Personnel Opinions on notes to the Management Committee
  • Establish, coordinate and manage resources and means necessary to implement the projects and action plans:
    - Plan the workload and resources of the Division, ensuring that staff within the Division have the right competencies, goals and motivation to provide high quality support to Personnel operational staff and to dedicated staff in the Directorates
    - Develop and implement systems for effective knowledge sharing, ensuring continuous flow of information between all related services in order to promote an efficient cooperation
    - Whenever required, participate in the negotiations/discussions with external suppliers/contractors and closely monitor their performance and output in line with project objectives

  • University degree in Finance, Economics, Business Administration or any related topic
  • At least 10 years of relevant professional experience, preferably in related HR areas
  • Experience of managing and coaching staff, ideally in multicultural environments or international organisations (e.g. contribution to: determining team resources and skills; establishing goals; assessing performance; delegating and supervising tasks; guiding, motivating, coaching and providing feedback)
  • Knowledge of HR processes of budget management, payroll and performance management as well as understanding of HR challenges would be an advantage
  • Knowledge of the related PeopleSoft HCM modules would be an advantage
  • Strong analytical skills
  • Broad knowledge of EIB objectives, strategies, policies and processes
  • Excellent knowledge of English and/or French (*) and good command of the other language. Knowledge of other European Union languages would be an advantage.

Core competencies
  • 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.

Managerial competencies
  • 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 organisation 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 rapidly build up 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 (**).


Please apply via the 'Apply' button.

Deadline for applications: 15th October 2019.

(**). We particularly welcome applications from women and persons with disabilities.
More information
This listing is a full-time job

Active since 19-09-2019
Location Luxembourg
Educational level Master / Postdoctoraal
Hours 40
Level Manager
Employment type Fixed term contract with option for permanent contract
Salary Competitive salary
Job category Human Resources
Industry / Industries Banking & Financial Services
Region Luxembourg
Keywords .

Contact information

Name EIB - European Investment Bank