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Senior Economist


NORDIC INVESTMENT BANK (NIB) is an international financial institution owned by the Nordic and Baltic countries. The Bank provides long-term loans on market terms to private and public projects that improve competitiveness and the environment. NIB has the highest possible credit rating and acquires the funds for its lending by borrowing on international capital markets. The Bank has 190 employees and total assets amounting to about EUR 24 billion. NIB is located in Helsinki, Finland, and its main working language is English.

Senior Economist

At NIB we finance projects that serve to make the Nordic-Baltic region more sustainable and competitive. Our way of working reflects our mission and purpose: we work to deliver on our common vision for a prosperous and sustainable Nordic–Baltic region. In order to fulfil our mission, we need to have an ethical, professional approach and best expertise in lending. Working at NIB includes a balance of challenges that will develop your skills. We are a close network of some 200 people located in the heart of Helsinki. The atmosphere is international and we work in English.

The Lending Department at NIB is seeking a


to join the Sustainability & Mandate Unit in Helsinki

NIB is financing projects that fulfil the Bank’s mandate, which is to strengthen the member countries' competitiveness and/or enhance the environment The Sustainability & Mandate Unit is responsible for assessing how strongly projects contribute to the mandate fulfilment. NIB is now looking for a person to strengthen the Bank’s team of specialists responsible for assessing the competiveness impact of projects.

The Bank’s loan portfolio consists to a large extent of energy, environment, industry and infrastructure projects but financing is also channelled to SMEs and midcaps. The mandate assessment entails a qualitative and quantitative analysis of the projects' direct and indirect effects. The work includes travelling and site visits.

Main responsibilities
  • Conduct independent screening and analysis of the competitiveness impact of projects/loans and conduct ex-post mandate assessments
  • Participate in the development of the methodology/guidelines and processes for evaluating competitiveness impact
  • Communicate internally and externally how the Bank appraises competitiveness impact

Qualifications and experience

  • A Master’s degree in Economics, Finance, or Business-related discipline
  • 5+ years of relevant working experience in economic analysis
  • Strong analytical skills and capacity for processing, understanding and evaluating vast amounts of information
  • Attention to details and flexibility as to a variable work-load and changing demands and/or re-prioritisation
  • Excellent team-working, communication, presentation and problem-solving skills
  • Fluency in English is a prerequisite

We offer you
  • An interesting and inspiring working environment in the heart of Helsinki that provides an opportunity to gain a new perspective on the financial industry based on our position as an International Financial Institution owned by the Nordic and Baltic countries
  • A challenging work providing opportunities to develop new analytical methods and engage in projects across all sectors of the economies

NIB warmly welcomes expatriate employees and their families, and will help in making relocation and integration as smooth as possible. Helsinki is a lively, Nordic capital with a modern and international atmosphere.

Additional information about the position can be obtained from Harro Pitkänen, Head of Sustainability & Mandate (+358 10 618 001). For general information about employment at the Bank, please contact Joanna Södergård, HR Business Partner (+358 10 618 001).

To apply, please visit NIB's home page, www.nib.int  (Job Opportunities). The deadline for applications is 10 March 2017.


Nordic Investment Bank