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.

Outlines

00:00

🎓 Official Launch of the Early Career Program

The European Investment Fund (EIF) is hosting a webinar to introduce their Early Career Program (ECP). Mariana, a member of the recruitment team, warmly welcomes attendees and outlines the webinar's agenda. The session will feature an introduction by the Chief Executive, a conversation with a guest, details about the program, and a Q&A segment. CEO Mario, originally from Finland, gives a personal account of his unexpected journey to EIF, highlighting the EIF's role in supporting education and providing financing for SMEs and students. He emphasizes the EIF's global team, diverse work areas, and the impact they create through financing, especially for SMEs in the EU.

05:05

🌟 Employee Experience and Purpose at EIF

Miguel, an EIF employee, shares his career path, starting with an internship focused on data analytics for SMEs and startups. He discusses his progression through the organization, including his current role in fundraising and engagement with investors. Miguel emphasizes the unique opportunity to work with both finance and public policy, creating a meaningful impact across Europe. He also shares his memorable experience of setting up a Venture Capital program in his home country, Portugal, which has led to significant investment in startups and job creation.

10:07

🏞 Life and Work in Luxembourg

Miguel provides insights into living in Luxembourg, an international and welcoming city with a strong European institution presence. He highlights the ease of networking, the city's green environment, and its accessibility to major European capitals. Luxembourg is portrayed as an ideal location for professionals looking to make a global impact while enjoying a high quality of life.

15:08

📈 EIF's 30th Anniversary and Impact

The webinar celebrates EIF's 30th anniversary, showcasing the organization's significant achievements. Over three decades, EIF has supported one in twelve small businesses in Europe, committing 37 billion euros to SME financing. The current workforce of around 700 employees, with a 50/50 gender balance, is set to grow with the addition of 30 new joiners through the ECP. The program's structure and benefits are outlined, including a three-year rotation plan, learning opportunities, and eligibility criteria.

20:13

🛠 EIF's ECP Tracks and Requirements

Mariana details the four tracks of the ECP: Science and Data, Financial, Legal and Compliance, and Generalist. Each track includes rotations and is designed for candidates with relevant educational backgrounds. Key requirements for applicants include having any EU nationality, a university degree, less than two years of professional experience, fluency in English, and availability for the full three-year program. The summary also emphasizes the qualities EIF seeks in candidates, such as motivation, analytical skills, and a proactive attitude.

25:14

💼 Benefits and Recruitment Process for ECP

EIF offers a competitive compensation package, including a monthly salary, installation allowance, health insurance, pension scheme, and training opportunities. The flexible work arrangements and access to sports, leisure activities, and subsidized restaurants are highlighted. The recruitment process involves CV screening, HR phone calls, online assessments, and interviews, culminating in an employment offer for successful candidates. The application deadline is April 30th, and all applications must be submitted through EIF's official career portal.

30:15

📢 Closing Remarks and Q&A

The webinar concludes with a Q&A session, inviting participants to ask questions about the ECP. The organizers encourage attendees to reach out with any remaining queries post-webinar via email. The team expresses hope to see some of the participants in Luxembourg in October and thanks everyone for their time and interest in EIF's Early Career Program.

Keywords

💡European Investment Fund (EIF)

The European Investment Fund (EIF) is a financial institution backed by the European Union (EU) that provides financing to small and medium-sized enterprises (SMEs) and supports various policy actions through venture capital financing and guarantees to banks. In the video, it is highlighted as an organization that has supported one in 12 small businesses in Europe over its 30 years of existence, making it a key player in the EU's economic strategy.

💡Early Career Program (ECP)

The Early Career Program (ECP) is an initiative by the EIF aimed at attracting and developing young professionals. The program offers a three-year rotational experience within different business areas of the EIF, providing participants with a comprehensive learning and development opportunity. It is designed to foster talent and contribute to the EU's policy goals, as discussed in the video.

💡Venture Capital

Venture capital is a form of financing that is provided to early-stage, high-potential, growth companies in exchange for equity ownership. In the context of the video, the EIF plays a significant role in providing venture capital financing, which is crucial for the growth and development of SMEs and startups in the EU.

💡SMEs

SMEs, or small and medium-sized enterprises, are businesses that are less than a certain size, often defined by the number of employees or annual turnover. They are the backbone of the European economy, and the EIF has been instrumental in supporting these businesses, as evidenced by the script's mention of the EIF's support for one in 12 SMEs in Europe.

💡European Union (EU)

The European Union (EU) is a political and economic union of 27 member states located primarily in Europe. It facilitates cooperation in various areas, including education, health, and economic policy. In the video, the EU is depicted as the main shareholder of the EIF, guiding its mission to generate impact in areas that are priorities for the EU, such as innovation and climate action.

💡Luxembourg

Luxembourg is a country in Europe known for its strong financial sector and international community. It is also the location of the EIF's headquarters. The video script highlights Luxembourg as a great place to live, with a supportive environment for international professionals, which is an important aspect for the ECP participants.

💡Impact Investing

Impact investing refers to investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. The EIF's role in impact investing is emphasized in the video, as it seeks to make a positive difference in the EU's economy and society through its financing activities.

💡Digital Transformation

Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how an organization operates and delivers value to customers. The EIF is undergoing digital transformation, as mentioned in the video, and seeks candidates with a passion for digitalization and data to contribute to this process.

💡Recruitment

Recruitment in the context of the video refers to the process of attracting, screening, interviewing, and selecting new employees. The EIF's recruitment process for the ECP is detailed in the video, highlighting the steps from application to onboarding and emphasizing the importance of authenticity and motivation in candidates.

💡Innovation

Innovation is the process of translating an idea or invention into a good or service that creates value or for which customers will pay. The EIF's mission to support innovation is a key theme in the video, as it seeks to finance and nurture new ideas and technologies that can drive economic growth and societal progress in the EU.

💡Sustainability

Sustainability generally refers to the ability to maintain processes or states in a certain way over the long term without depleting resources or causing harm. In the video, the EIF's commitment to sustainability is evident through its focus on climate action and social diversity, aiming to create a positive impact across Europe.

Highlights

Webinar introduction to the official launch of the European Investment Fund's Early Career Program.

Mariana and Anna from the FS recruitment team provide an overview of the webinar's agenda and what attendees can expect.

CEO Mario Foad gives a brief introduction to the European Investment Fund and its role in financing SMEs and students.

The European Investment Fund is a financial arm of the European Union, providing financing to SMEs and students through loans.

The Fund's primary business includes Venture Capital financing and providing guarantees to banks.

Mario emphasizes the Fund's global team of 700 people working towards a common goal and the opportunity to work in various areas.

Miguel, a former intern turned employee, shares his journey and experience working at the European Investment Fund.

Miguel discusses the Fund's impact on supporting SMEs and startups through various programs and initiatives.

The Fund's focus on generating real impact in policy areas such as innovation, competitiveness, social diversity, and climate action.

Miguel's memorable experience of raising the first investment program in his home country, Portugal.

Mariana and Anna highlight the benefits of working at the European Investment Fund, including its startup spirit and supportive environment.

The Fund's 30th Anniversary in 2024 and the impressive figures of its support for SMEs in Europe.

Details of the three-year Early Career Program, including rotations, learning opportunities, and eligibility criteria.

The four different tracks designed for the Early Career Program: Science and Data, Financial, Legal and Compliance, and Generalist.

Information on compensation, benefits, and the recruitment process for the Early Career Program.

Miguel's advice for potential applicants: be authentic, speak up, and take advantage of the learning opportunities at EIF.

Closing remarks, with an invitation to apply for the Early Career Program and contact information for further questions.

Transcripts

of the European investment fund I'm very

happy to welcome you to this webinar

today that is dedicated to the official

launch of our early career program

before we kick off I would just like to

let you know that this webinar will be

recorded apart from the last uh part

which is the Q&A session hi everyone

warm welcome also from my side my name

is Mariana just like Anna I'm also part

of the fs recruitment team here at the

European investment fund very happy to

be with you today to tell you about our

new early career program and before we

start just a few words about what you

can expect from this webinar today so

our chief executive Mar foad will kick

up the webinar with a brief introduction

after that we're going to have a

conversation with Miguel Our Guest here

today uh after this an will tell you

some more details about the program and

in the end we'll leave some time for

your

questions but first things first um

maret the floor is yours thanks a lot hi

everybody and welcome to this uh webinar

I am indeed Mario I am from Finland and

when I studied my career or when I

studied 40 years ago I would never have

you know expected that I would end up

here in Luxembourg in the European

investment fund I had totally different

plans and I suppose many of you have

many different plans that's why I will

explain a bit about I will talk a bit

about European union and then I will

talk a bit about the European investment

f fund you know European Union might be

something very abstract for you and its

institutions may be very abstract to you

but let me use one example which can be

close to your heart which is about

education and study studying you know

there's a European Union uh policy on

education where we the policy tries to

make the the the education in different

member states more inclusive and more

aligned and there are certain targets

that the member state States uh should

be um achieving and when the European

commission makes proposals like budget

based proposals like the Erasmus program

then this program is approved and the

budget of it is approved by the European

Parliament and by the European Council

and why what is then our role the

European investment fund well we are not

a body which is managing grants or

subsidies we are a European uh Union

body which is a financial arm of the

European Union we are providing

financing to SNES and not only that we

are all also providing financing to

students through student loans in

certain countries for example so when

you think about the European Union the

European commission making a proposal

for a policy action like Erasmus program

then you have the Parliament and Council

approving this uh proposal it's

implemented by an agency of the European

Union and then in the end we e if we can

complement this action through the

financing that we have a available for

students but to be honest this is only a

very small part of our business the

biggest part of the business what we do

we are providing Venture Capital

financing and we are providing

guarantees to Banks this is in very

simple terms uh what we do now why would

you come to work for us

well European investment fund has 700

people for all all over the world for

example me from Finland Anna is from

France Catia Portugal you see and here

we are sitting together and working

towards a common goal and this is

exactly what is interesting in the eif

you can work in different areas from

legal from risk management compliance

management HR communication

or become operational in the operational

teams and what you see here is how the

European Union can bring value and how

we in the European investment fund we

can provide impact through the financing

what we do you know there are something

like 24 million smmes in the European

Union and there are several millions in

our portfolio who we have been able to

support either for example through

programs guarantee programs which help

them to provide less collateral uh to

the bank or have a longer maturity or

even have a better interest rates so

what we are doing we do the good we are

trying to help the and facilitate the

life of the small and mediumsized

Enterprises in the European Union and

also abroad from time to time like

Ukraine you will hear soon from Ukraine

what the E is doing there and the last

word Luxembourg is really great place to

live thanks a lot for your

attention thank you thank you very much

thank you very much Mar for the for the

introduction good let's now move to the

second part of our webinar uh for this

purpose we have invited U Miguel to to

join us today uh as we thought it would

be super interesting for you to hear

about his experience as he joined the E

several years ago through a similar

initiative as the ECP Mari do you want

to kick it off with the first question

yes indeed so Miguel please tell us a

bit about your path at how did it all

start and where are you now thanks a lot

hello

everyone H I was studying economics I

did my bachelor and my master in

economics and actually finals was not

the main theme of my studies but I

really wanted to contribute to the

European project and to work for the

European Union I started looking at

internships in several European

institutions and got this amazing

opportunity that was slightly outside

the scope of of my studies because it

combined Finance with it the internship

that that I applied to at the beginning

was on data analytics and the project

was quite interesting it was to gather

all the data about the European smmes

and startups that YF was sponsoring at

the time uh through its Venture Capital

funds mostly uh and to identify them in

public databases in order to attract

information and to to combine the

information that we had in our systems

with public available information uh for

what to measure the impact that we

wanted to have uh and we were already

having but to measure this uh in the

real

ecosystems I I was supposed to say only

for a couple of months uh the pro the

intership was I believe five months long

uh and I thought I would be soon back

home and to continue my career that

actually reality proved me completely

wrong I I stayed here for 10 years and

I'm quite excited um the the opportunity

that appeared after was to join as you

mentioned uh a graduate program that

existed at the time uh similar to to

this one and uh to work at the time at

uh reporting uh it was to prepare the

investor reports for Funda funds for

that were investment programs basically

um operating in the Venture Capital

markets but more focused on national uh

programs um alongside investors and

governments so I had this this chance I

stayed for I lot learned a lot about

private Equity Venture Capital Concepts

that my studies were not

um by this level of information and

um later on there was this chance to

apply to another position at the

fundraising team the fundraising team is

the one that is in contact with

investors um most most of them

governments uh and development banks in

each one of the member states to

convince them that eif has something to

offer and to help them building their

own V capital and private Equity

ecosystems um and I stayed there for a

few years until until now mostly focused

on Iberia um and managed to to

contribute to this greater impact that

the if is

delivering great thanks thanks a lot for

for sharing Miguel um by the way guys if

you do have any questions for Miguel uh

keep in mind that we have the Q&A

session at the end of the presentation

or exactly that that

purpose so again we hear a lot um about

working for a purpose here at CF can you

share with us in your personal

experience what does it mean for for you

to work for a purpose

at we have to keep in mind that our main

shareholder is the European Union and is

a financial institution we are in the

end an asset manager of the European

Union but

it's we don't work like a typical asset

manager normally you would expect the

board to be solely and only concerned

about our financial returns this is not

the only concern of our

shareholders um we are aiming at

generating impact real impact in several

areas that are priorities policy areas

for the European Union

namely Innovation

competitiveness social

diversity uh climate action obviously

and also cohesion so that we can make a

an impact not only in the strongest

countries and the strongest Economist

but a bit all over Europe and there are

not so many

institutions uh that combine this

private side the opportunity to work in

finance which most of us uh learn to

like uh with the other passion that many

of us have that is public

policy combining this is is in a way

contributing to the greater good if our

shareholder is the European Union they

are expecting us to deliver on those uh

Society goals that that I

mentioned and the contribution to the

greater good goes in a way it's uh

giving back to our countries right um

and I didn't find many institutions who

give us uh this

opportunity the good thing of the

if it's a relatively small institution

compared to to others and it works

almost as a it has a lot of this startup

Spirit uh we get to know very easily

many colleagues uh the managers are

quite engaging and give us a lot of

support um so each individual obviously

is part of a much bigger machine uh but

we know that our small contribution

every day uh makes an overall impact and

we can see it uh we can see the

entrepreneurs that get financed

somewhere in Europe uh the people who

have dreams and get these dreams funded

uh because there was a program that some

colleague developed out of luxg uh this

this reach is not always visible in many

institutions and here we really know the

stories we know the people we support

and that's great

yeah sounds

great thank you thank you Miguel um what

would be the most memorable event in

your career at the so far what's what

comes to your mind that that was the

first investment program that that I

raised in my home country and it was a a

really great experience because I never

thought like Mar was saying I never

thought to be to be here and to be in

that position and mostly so so soon in

my career the I I remember when I joined

as a graduate we were meeting with the

team so normal development business

development meetings to think where

should be focused our activity this year

and because in Portugal the private

equity and Venture Capital activity was

not so strong for a a couple of years

and we didn't develop many initiatives

there uh for for about 10 years I I

raised my hand I said what if we come up

with this initiative Venture Capital

program significantly size a large

one and my my colleagues at the time

some of them got excited but there were

also some people skeptical about it

right it's normal I was the youngest

member of the team uh we didn't have

much activity much traction in that

country uh so some of them looked at me

and well let let's see what you can do

with the support of more senior members

of the team uh the great support of my

managers uh who believed in

me I managed to create this opportunity

it's not really for or or for myself or

for our team at the end the I think six

months later the the program was signed

uh it was on the ground it selected

Venture Capital teams and right now

those teams are already invested in 50

startups but there are entrepreneurs

that got funded because we had that idea

at the time and it was not only my job

it was not only my contribution there

was a full team working for this and for

a small country like the one I know

best a small initiative or an initiative

like this makes a whole difference the

number of jobs that it creates the

talent that it retains or

attracts I think this was and getting it

signed and seeing it today the results

and the

impact that's probably the most

memorable

defense wow yeah that sounds uh that

sounds really really impressive thank

you thank you for sharing again um now

let's um Talk a bit about Luxembourg so

uh most of our audience today is uh

probably not located in Luxembourg but

really all over Europe uh and uh so we

would be uh

very curious to to hear Miguel uh what

is your view on on Luxemburg how do you

enjoy your life uh here in

Luxembourg well marot said it I also

like it very much there is this myth

that Luxembourg is

small it's that comes with huge

advantages which I'm more than happy to

to share from my private experience and

and of course many people might have

different opinion this is a personal one

uh Luxembourg first of all is a very

international country I think 50% 60% of

the people I meet uh even Beyond they

are foreigners uh there are people who

have arrived in lurg in the last few

years they are uh in the same position

basically I feel that we were all on the

same boat um they are eager to make

connections to uh build beyond the

business you know great friends yeah

it's very easy to reach out to people

because we are the same situation

because we are all living in a country

that is not ours but that is very well

prepared to receive these communities

it's not it's not by chance that we are

all here the fact that we have European

institutions in in the city center uh

and very close to the city center by the

way it's so easy to get to town hall and

and just to to to town and just just get

a drink and meet friends and uh

everything is rual what 5 10 minutes

distance public transportation is for

free this is a huge selling selling

point um and European institutions

create a bit of an environment that also

makes it much easier to to meet new

people that are in similar circumstances

in terms of networking is a very smooth

country and no one is really closing uh

themselves or or there are not closed

groups that we cannot access

um I mean there is one point that

Luxembourg is that for me counts a lot

it's extremely Green Country uh very

there are many opportunities to do other

activities like uh uh going to to a hike

uh in the forest it's really nature uh

is is really at the core of the of the

country and it's extremely well

connected it's very easy to if you want

to have a bit more of uh this excitement

that you find in one or two Capitals in

Europe it's so easy to get to Paris or

to get to Brussels Frank for London uh I

mean I've benefited from that as well

because I had friends foreigners um that

were xoxx in many of those cities and

probably being at the heart of Europe

also helps a lot no no

absolutely uh good thanks a lot uh

Miguel I think we all kind of share more

or less the this experience of Luxemburg

um as a last question maybe in a few

words what would be your recommendation

for our audience today who is

considering to join this early career

program well that's that's a big one um

I think each one of us has a different

career aspiration

and if I would summarize it in one word

is be

authentic don't speak up uh share your

ideas with your manager

not all of our ideas will become

successful obviously some of them um

needs a bit of work and but eif is a

very safe place for growth a very

um it's an amazing environment uh for uh

where you have space to to speak up to

share your your thoughts and more

importantly even uh to

learn sometimes even the not so

successful projects and I had many um

were the best learning opportunities at

least to myself and in af you have the

space

to to to fail in in a way uh without

having any kind of pressure um because

this startup spirit that I was

mentioning before um it's very unique to

the institution that there are not so

many organizations that work at the same

time with governments and with founders

of startups and we need to be a bit in

the middle right uh so to apply I I

fully recommend I'm very happy with the

fact that you are launching this program

H and uh be yourselves I think this is

the best advice I can inde yeah totally

uh thanks again Miguel this was the the

last question hopefully manag to tempt

some of the audience to join us here in

Luxembourg and join our and join our

program uh now in this third part of the

session an and I will tell you a bit

more details about the program and uh

let you know how you can join a

pro um so you might have probably see it

on uh seen it on our on our LinkedIn on

our Instagram if uh if you are if you

are connected to us on the social media

and uh and if you're not connected to us

on social media please do we will be

very happy to um to see you there so in

2024 so this year uh the eif is

celebrating its 30th Anniversary which

is um an amazing date for us we are I

think all very happy and and very proud

um about about this um and we would like

to um share with you just a few a few

memorable um a few memorable figures of

what we have managed to achieve so far

during these 30 years of um 30 years of

of existence so can you imagine that uh

we as eif uh have supported in 30 years

one in 12 small businesses uh in Europe

which is uh well I think a very very

very great and and and impressive number

um in terms of um Euros of uh investment

that that

represents 37 billion of Euros that the

eif has committed uh for financing uh

the support of smmes in um in Europe um

what about the eif today a few figures

so we are around 700 uh staff members

700 employees with a gender balance that

uh has reached 5050 that we're also very

proud of and um in um uh in October

we're planning to welcome 30 uh 30 new

joiners for our early career early

career program so now I will um I will

leave the floor to to Mari who will um

explain you a bit more about the program

itself and I'm sure you're very

impatient to hear about

it so now a few words about what we have

designed for you hopefully you can see

the slide um so we have designed a

three-year program um during these three

years you will have a chance to really

discover eif as a whole you will have a

chance to rotate within different

businesses within eif and potentially

some of you may also have external

rotation to one of the partner

institutions um in the private sector

program starts on October 1st uh this is

when we expect 30 of you to come here to

Luxembourg um we have designed um very

interesting learning and training

velopment program for you because we

want you to develop your skills it will

be relevant not only during your time

here ATF but potentially throughout your

career of course we have uh an

attractive compensations benefits

package that we are going to cover um in

a bit later in in the next slides and uh

we have designed four different tracks

or paths um for this for this program

I'm going to speak about in the next

slide um maybe just a final thing on

this part is that I want to mention that

the completion of these three years

after you finish all of your rotations

you will be eligible to apply to our

permanent positions at

the okay um we can move now to the next

slide I just want to give you a few

words about these four ECP tracks so

what have we what have we prepared for

you um I won't bore you with too many

details we we already described a lot in

the job description and more of it is

going to come on our external web page

uh but but just a few words about each

each of these tracks so first one is

science and data track now this track is

for all of you stem enthusiasts in the

audience so if you have done your

studies in the area of science

technology engineering maths we want to

hear from you um you may some of you may

know we are going through digital

transformation here at eif you really

want people who are young uh passionate

about digitalization data and also

passionate about all those things that

Miguel and Mariot were talking about

secondly uh being a financial

institution of course we have a

financial path for for those of you who

did your studies in economics and

finance um this one is also well

explained uh already legal and

compliance Tru is there this one is a

bit maybe a bit more intuitive so I

won't spend much time here uh just maybe

last few words for the generalist track

so here we are looking for applications

from you who are um who did your studies

in the area of marketing communication

Human Resources project uh or change

management uh finally all of these

tracks um they include these rotations

that we mentioned uh all of the all the

all of the conditions that we mentioned

in previous slide they apply to to each

of these four

tracks um I think this was it we

can good um let's now see a few

important reminders so all this uh is of

course in the job description that you

can um very easily find uh on um on our

career portal and we will show you the

link to it at the end of the

presentation so there are a few um

essential requirements that um that you

need to respect in order to be eligible

to apply to the to the early career

program so first one is of course uh to

have uh anyu

nationality uh the second one is you

have a University degree so that can be

either a bachelor's degree or a master's

degree in terms of years of experience

we will accept your application if you

have less than two years of uh

professional experience and that is

excluding any internships that uh that

that you have

done uh the working language here at the

eif is English so the requirement is to

be fluent in English and um the

knowledge of any other European language

is of course considered as as an asset

and finally uh we expect you to be

available for the whole length of the of

the program which is uh three

years um then what is important for us

uh to see um in a candidate um so Miguel

and Mari have already mentioned um

mentioned um some some some qualities

that we will be looking for that we will

be looking for for in a candidate that

that that I w't repeat now I would just

add to that that of course we're looking

for very motivated candidates um we are

looking for candidates who are I think

as inspired as we are by our European

Mission and um have a very strong

interest in working uh in a in a

European um Union instit ution

environment uh we're also looking for

candidates uh with analytical and uh and

problem solving

mindset um who are already eager and uh

and very interested to to learn uh to

learn new things and there are so many

things I think that that that you can

learn as at eif as as as Miguel has

already um as already mentioned to you

guys um and of course we will be giving

you all the support requ required for

for learning as um as it was mentioned

by by by Mariana already um and of

course we're looking uh for proactive

and very Enthusiast candidates who are

not afraid to take um to take

initiatives um and uh and to to to make

a first step in in their career at um at

eif um let's move to the next

slide so now um a few few words about

what we're going to offer to you um so

you can expect a monthly gross

compensation monthly gross salary of

4,368 obviously being an institution you

you you are not liable to pay National

taxes however you are liable to pay the

income tax to the European Union um

obviously um it's to um the final n

amount is going to depend a bit on your

personal circumstances um so to all the

candidates are going to receive the

offer we will be sharing the the final

let's say the net estimate so don't

worry about this um as most of you are

all over Europe we will be providing you

also installation allowance to help you

with your relocation here to settle here

in

Luxembourg you will be covered by our

health insurance this health insurance

is is really great because it's covering

you not only Luxemburg uh but also

worldwide um we have done a very

attractive pension scheme now this may

not be on top of your minds at this

point in your life however um it is a

good investment for for your future uh

we already mentioned a b the training

program that you have here in the house

we really want you to develop your your

soft skills the all the skills that you

need to to be successful in your career

of

course um something else I want to

mention of course yes it's the it's the

flexible teleworking Arrangements we

have here at DF so you will be you will

you will have the chance to work a few

days some days from home um here in

Luxemburg some potentially some days

from your home from your home country uh

but depending you know subject to the

agreement your manag um other nice

things that we have here you are going

to also have the um the access to

subsidized sports activities and leisure

activities uh that will give you also

the chance to to meet other people in in

in a similar situation Rel to laxenburg

you are also going to have the access to

the subsidized restaurants and

cafeterias um for those of you who will

be living in Luxemburg City uh you'll

have a free uh free use of the Luxemburg

City uh bike Services uh as Miguel

mentioned it's it's it's not a big

Capital you can you can cycle around and

move around without the need of a car

and finally but not the least important

uh you will have your paid annual

leave and I think I think this was it

for this

part perfect let's now um talk about our

recruitment process as um as I imagine

um a lot of you have questions about how

the recruitment process is going to to

look like for the for the ECP uh first

things first uh a date uh to remember to

keep in mind it's the 30th of April it's

the deadline for applications for our

ECP uh so keep in mind 30th of April uh

in front of you on the QR code if you if

you scan the QR code it leads you

directly to our career portal to the

application page where you can directly

apply to uh to the ECP so don't hesitate

to uh don't hesitate to to scan it to

scan it already so as a first um as a

first step for us is uh of course to

screen your CV and your motivation

letter so here um please keep in mind

that we are receiving um a lot of

applications for the for the for the

prog program um so it's super important

for for for you to to write uh to write

um a nice and uh and and beautiful CV um

a good motivation letter as well that

reflects your real motivation and

interest to join the eif and to join the

the the early career program at at eif

um also we do not recommend you to use

um any artificial intelligence tools um

to do that because we really want to

hear from you uh as Miguel said we want

you to be authentic and uh and uh and we

want to know who who you are and what

really motivates you to to join to join

the the the eif today um so as a as a

Next Step um there is the HR phone call

that is optional so we might call you uh

because we need to clarify an aspect

from your from your CV or about your

diploma

or we have a question on on motivation

so so we we we may call you for for that

purpose uh the next uh step in the

recruitment process is the online

assessment so um for that you only need

um your your your laptop and uh a few

minutes of of calm at at home in order

to to be able to to perform the the the

online assessment the next step is the

online interview so everything so far as

you have seen is taking place online so

super convenient uh for for you guys um

the online interview takes place with um

several colleagues from um from the eif

including HR um where a few questions so

some questions will be explor explored

uh with you U like motivational uh

questions uh amongst um amongst others

and for the successful candidates of

course the next and the last step is to

uh receive the employment offer and uh

to proceed to the onboarding um in uh in

April uh in

October in October uh later this year uh

one important uh thing that you you

should also keep in mind is that we only

accept applications uh through our

official career portal so we do not

accept any spontaneous applications by

email or from any other sources um

remember uh to scan the QR code that

leads you to the career portal and apply

directly

there good um in the next slide we um so

we we're we're showing you once once

again the Cure code um that that that

that that you can you can scan so this

time a bit in bigger

if we have convinced you um with um with

our with our webinar with our interview

with with Miguel to apply uh to apply

and to join our purpose at at e if we

got you motivated and intrigued to to

join the the program don't hesitate um

don't hesitate to uh to do

so good so we're we're slowly moving

towards towards the the end of the

presentation Mar

so indeed now it's time uh for your

questions uh our colleague Ina will help

us a bit to

moderate please use raise your hands

button um and then inma we'll call your

name and then you can ask your question

for those of you who are more

comfortable with writing that's also fun

you can use the the chat box feature uh

we will address those questions just a

bit late yeah there are quite a few

already that we will give you okay okay

the floor to the people yeah we will

start then with with those who who want

to actually speak to us

uh okay so I think we have now reached

unfortunately the end we are already at

2m um thanks a lot for your time we hope

this was useful um if there are some

very important questions that we did not

manage to answer you can contact us you

can reach to out us at ECP at.org we

will do our best to answer you as soon

as possible um thanks again for joining

us today thanks Miguel thanks everyone

um and we hope to see some of you here

in Luxenberg in

October thank you very much it was it

was a pleasure to meet you and uh don't

forget to to send us an email if you

have any questions inde did bye thank

you byee