Closing Date for Applications: Thu, 25 Aug 2016
Functional area:Micro-Prudential Supervision IV
The European Central Bank (ECB) is seeking candidates to fill the position of Supervision Analyst in the Boards Suitability Assessment Section and the Banking Market Access Section within the Authorisation Division of the Directorate General Microprudential Supervision IV (DG/MS IV).
DG/MS IV is responsible, within the framework of the Single Supervisory Mechanism (SSM), for carrying out horizontal supervision and specialised expert functions in areas including supervisory quality assurance, supervisory policies, the development of methodologies and standards, authorisation, enforcement and sanctions, crisis management, capital market risk analysis and model validation, bank governance and business models, and on-site inspections.
The Boards Suitability Assessment Section within the Authorisation Division is primarily responsible for ensuring that assessments as to the suitability of members of the management bodies of significant credit institutions are processed in a timely manner, with due care and using SSM methodology, and that the criteria set out in relevant EU and national laws are met. The Section is also responsible for coordinating the involvement of the relevant stakeholders in processing these assessments and for developing SSM policy in these areas.
The Banking Market Access Section within the Authorisation Division is primarily responsible for ensuring that assessments of new banking licences, the withdrawal of banking licences and acquisitions of qualifying holdings in banks (common procedures) are processed in a timely manner, with due care and using SSM methodology, and that the criteria set out in relevant EU and national laws are met. The Section is also responsible for coordinating the involvement of the relevant stakeholders in processing these assessments and for developing SSM policy in these areas.
The successful applicant will be entrusted with the following main tasks:
- contributing to the development, testing and maintenance of processes needed to ensure that the assessment as to suitability of members of the management bodies of significant credit institutions, licencing applications, the withdrawal of licences, and notifications of the intention to acquire or increase qualifying holdings in credit institutions are all processed in a timely manner, with due care and using common procedures;
- supporting the assessment of applications, notifications and national competent authorities’ draft proposals that fall within the remit of the Authorisation Division as well as the preparation of proposals for complete draft decisions of the SSM’s Supervisory Board;
- contributing to ensuring compliance with the SSM’s methodologies that have been established within the remit of the Authorisation Division, as well as with all criteria set out in the applicable regulations;
- supporting the preparation of notes, memos, external publications and dossiers for the SSM’s Supervisory Board and the ECB’s decision-making bodies;
- supporting the provision of advice in the respective area of competence to underpin the decision-making bodies and management;
- helping to establish and maintain regular contact with all strategic partners and counterparts in supervisory authorities, institutions and bodies.
Qualifications and experience:
Applicants must have the following knowledge and competencies:
- a bachelor’s degree in a relevant field, preferably in law, economics or finance;
- ideally, two or more years of professional experience;
- ideally, familiarity with banking governance issues, in particular with fit and proper assessments, or with the setting-up of mergers and acquisitions transactions in the banking sector, or banking group restructurings;
- an ability to conduct both qualitative and quantitative assessments of information stemming from multiple data sources, and to present complex issues clearly, confidently and concisely;
- a proven ability to work with multilingual and multicultural teams would be an asset;
- experience gained in a central bank, a (banking) supervisory authority and/or an international organisation or an EU institution, body or agency would be an asset;
- an advanced command of English;
- an intermediate-level command of at least one other official language of the EU;
- knowledge of other EU languages would be an asset;
- knowledge of the working methods of the Eurosystem and the European System of Central Banks and/or other relevant European and international fora would be an asset;
- advanced knowledge of the Microsoft Office suite of programmes, including MS PowerPoint and Excel.
The successful candidate will have the following behavioural competencies:
- ability to examine issues critically, identify key aspects and adopt relevant approaches geared towards successful business solutions, taking an informed and balanced perspective when forming policy judgements;
- good communication skills, with the ability to express complex issues in a clear, concise and effective manner, both orally and in writing;
- prioritises tasks and pays attention to detail, even when under time pressure;
- manages multiple assignments and tracks progress on numerous processes simultaneously;
- handles sensitive information in a discreet manner, respecting confidentiality;
- empowers himself/herself in order to manage stressful situations by taking responsibility for his/her own actions and having a flexible outlook on the role;
- team-oriented with strong interpersonal management skills and the ability to interact and engage with internal/external stakeholders of different levels and interests;
- ability to learn quickly and adjust to a new environment.
Three-year fixed-term contract, with possible conversion to a contract of indefinite duration subject to individual performance and organisational needs.
To further enhance the diversity of its workforce, the ECB particularly encourages applications from female candidates.
The selection committee may place suitable candidates on a reserve list, from which candidates may be appointed to similar positions in the same or another business area. It may also be decided to fill the position(s) advertised in this vacancy notice with a suitable candidate or candidates from the reserve list resulting from a recruitment procedure for a similar position. Candidates will be informed accordingly if this happens.
How to apply:
Applications are to be made in English and submitted using our online application form. An “Applicants’ Guide” can be downloaded from our recruitment pages.
The recruitment process may include a pre-screening exercise, a written exercise, a presentation and interviews.
Further information on the ECB’s conditions of employment for fixed-term positions can be found at http://www.ecb.europa.eu/careers/newcomers/fixed-term/html/index.en.html.
Applications are accepted from nationals of Member States of the European Union.
The requirements laid down in the vacancy notice must be met by the closing date for applications.
This vacancy notice may be used to fill the same position again, or similar positions, within 12 months of the selection decision.
This position has been allocated to salary band:E/F