EIF Early Career Program webinar

Summary

The European Investment Fund (EIF) webinar introduces their Early Career Program (ECP), designed for recent graduates with less than two years' experience. The three-year program offers four career tracks: science and data, finance, legal/compliance, and generalist. Participants can expect rotations, training, and a chance to contribute to EIF's mission to support SMEs and startups. The webinar features CEO Mario Foad and employee Miguel, who shares his journey and the impact of working at EIF. The application deadline is April 30th, with an attractive compensation package and benefits for the 30 new joiners expected in October 2024.

Takeaways

• 🎓 The webinar introduces the European Investment Fund's (EIF) Early Career Program (ECP), aimed at recent graduates and young professionals.
• 🏦 The EIF is a financial institution of the European Union, providing financing to SMEs and students, and focusing on venture capital and bank guarantees.
• 🌟 The ECP offers a three-year program with rotations across different business areas within the EIF, potentially including external rotations in partner institutions.
• 📈 The program is designed for STEM, finance, legal/compliance, and generalist tracks, catering to a diverse range of educational backgrounds and interests.
• 🌍 The EIF has a global presence with 700 employees from various nationalities, emphasizing the European Union's impact on supporting SMEs and innovation.
• 💼 The ECP is open to candidates with any EU nationality, a university degree, less than two years of professional experience, and fluency in English.
• 💰 Participants can expect a monthly gross salary, health insurance, pension scheme, and other benefits, including an installation allowance for relocation to Luxembourg.
• 📚 The EIF provides training and development opportunities, emphasizing the growth and learning experience for ECP participants.
• 🤝 The recruitment process includes CV and motivation letter screening, an optional HR phone call, online assessments, and interviews, with a deadline of April 30th.
• 📆 Successful candidates will join the EIF in Luxembourg in October, contributing to the fund's mission and potentially being eligible for permanent positions after the program.

Q & A

What is the main purpose of the webinar?

The main purpose of the webinar is to officially launch and provide details about the early career program of the European Investment Fund (EIF).

Who are the hosts of the webinar?

Mariana and Mario are the hosts of the webinar, and they are both part of the recruitment team at the European Investment Fund.

What is Mario's background and how did he end up at the EIF?

Mario is from Finland and studied his career 40 years ago. He never expected to end up in Luxembourg at the EIF, indicating that he had different plans, suggesting that many participants might also have various career aspirations.

What role does the European Investment Fund play in the European Union?

The EIF is the financial arm of the European Union, providing financing to SMEs and students through loans in certain countries. It complements actions taken by the European Commission, Parliament, and Council, such as the Erasmus program.

What is the significance of the year 2024 for the EIF?

In 2024, the EIF is celebrating its 30th anniversary, marking three decades of supporting small businesses and investing in various sectors within the European Union.

How many new joiners is the EIF planning to welcome for their early career program?

The EIF is planning to welcome 30 new joiners for their early career program.

What is the structure of the early career program at the EIF?

The early career program is a three-year program with rotations within different businesses at the EIF and potentially external rotations to partner institutions in the private sector.

What are the four different tracks designed for the early career program?

The four tracks are Science and Data, Financial, Legal and Compliance, and Generalist, catering to candidates with different educational backgrounds and interests.

What is the deadline for applications to the EIF's early career program?

The deadline for applications to the EIF's early career program is the 30th of April.

What are some of the benefits offered to participants of the early career program?

Some benefits include a monthly gross salary, installation allowance for relocation, health insurance coverage, a pension scheme, training programs, flexible teleworking arrangements, access to subsidized sports and leisure activities, subsidized restaurants and cafeterias, free use of Luxembourg City bike services, and paid annual leave.

How can candidates apply for the EIF's early career program?

Candidates can apply for the EIF's early career program through the official career portal, and applications through other sources like email are not accepted.